State-run Social Security System (SSS) is offering to help out small and medium-sized enterprises (SMSEs) in paying their employees’ unpaid contributions. The SSS recorded a successful Run After Contribution Evaders (RACE) campaign throughout 2023, bringing P92 billion worth of unpaid remittances...
Camarines Sur 2nd district Rep. LRay Villafuerte (PPAB) Camarines Sur 2nd district Rep. LRay Villafuerte is calling for the swift passage of a measure that seeks to establish the Agricultural Pension Fund (APF) and provide benefits to farmers and...
The Social Security System (SSS) reported an increase in cash benefits for elderly members who could no longer work that benefited over two million Filipinos. The SSS said on Friday, Mar. 8, that the pension fund released around P157 billion in retirement benefits to 2.2 million members from...
Surigao del Sur 2nd district Rep. Johnny Pimentel (Facebook) Surigao del Sur 2nd district Rep. Johnny Pimentel has bared that up to P6 billion more may be available this year for infusion to the Marawi Siege Victims Compensation...
The Maharlika Investment Corporation (MIC) is set to enter an international governing body that will ensure effective operation and strengthen transparency of the state's wealth fund. This following the approval of MIC's proposal to apply for Associate Membership in the International Forum of...
The Maharlika Investment Corp. (MIC), an entity that manages the sovereign wealth fund, said it plans to raise $1 billion for energy projects alone by the end of the year. On the sidelines of an economic forum hosted by the German Club Manila, MIC President and Chief Executive Officer Rafael...
The Home Development Fund, or the Pag-IBIG Fund, has achieved its highest dividend rates since the Covid-19 pandemic began, as its regular savings dividend rate for 2023 reached 6.55 percent and its Modified Pag-IBIG 2 (MP2) Savings rate surged to 7.05 percent per annum. The announcement was made...
President Marcos has urged the Pag-IBIG Fund to make its home mortgage more accessible to Filipinos. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "I urge the Pag-IBIG Fund to make its home mortgage financing even more accessible and to balance this with sustainability," Marcos said in...
Pag-IBIG Fund welcomed Finance Secretary Ralph G. Recto and newly appointed trustee, Maria Lourdes Doria-Velarde, as part of the 11-member Pag-IBIG Fund Board of Trustees, top officials stated Tuesday (20 February). Finance Secretary and Pag-IBIG Board ex-officio vice chairperson, Ralph...
To support the Department of Agriculture's (DA) rice program, the Department of Budget and Management (DBM) released funding for the Rice Competitiveness Enhancement Program (RCEP) for the first quarter of this year. Budget Secretary Mina F. Pangandaman approved on Tuesday, Feb. 13, the P455.59...
President Marcos has appointed Maria Lourdes Doria-Velarde as acting member of the Board of Trustees of the Home Development Fund (Pag-IBIG), representing the private employers’ sector. Malacañang made the announcement on Monday, Feb. 12. Doria-Velarde replaces Mylah Roque, who was appointed to...
House Speaker Martin Romualdez (left), Makati City 2nd district Rep. Luis Campos Jr. (Facebook) A vice chairman of the House Committee on Appropriations has credited Speaker Martin Romualdez for the significant increase in the earmarked Cancer...
