The Government Service Insurance System (GSIS) posted a 170 percent surge in first-quarter net income, driven by rebound in investment gains and steady premium growth, positioning the state pension fund to meet its ambitious full-year targets. In a statement, Wick Veloso, GSIS president and general...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...
The Quezon City government has opened employment opportunities for up to 100 senior citizens through a collaboration with a private sector. The memorandum of agreement for the special employment program was formally signed on Monday, May 18, by the Quezon City government, the Department of Labor...
The Quezon City government launched on Monday, May 18, “QCitizen Data: Resibo ng Serbisyo,” a digital transparency platform that allows residents and other stakeholders to monitor public spending and government projects in real time. Speaking during the launch at the QC MICE Center as part of...
President Marcos has assured the public that the government is neither sleeping on the job nor taking a vacation, but is constantly responding to the needs of struggling Filipinos. "Asahan po ninyo na ang inyong pamahalaan ay hindi po natutulog, hindi po nagbabakasyon, at walang ginawa kung hindi...
The national government increased subsidies to state-run corporations by nearly a fifth in the first quarter of the year, driven by aggressive funding injections for energy modernization and agricultural support. According to the latest data from the Bureau of the Treasury, total financial...
Executive Secretary Ralph Recto said they have noted underspending while reviewing the progress of big-ticket programs implemented by government agencies. "There are spots of underspending,, and these must be resolved immediately," Recto said, following a meeting with key government agencies on...
The Quezon City government announced that its QC eServices platform will be temporarily unavailable on Tuesday, May 12, from 6 p.m. to 12 midnight for the rollout of Smart Connect, a UI/UX upgrade aimed at improving access and user experience across its online services. City officials said the...
Taguig City has begun distributing free school packages to thousands of public school learners from Kinder to Grade 12, ensuring they are equipped ahead of the June 8 class opening. Mayor Lani Cayetano spearheaded the rollout on May 11 at Ususan Elementary School, South Cembo Elementary School,...
Over 108,000 members and pensioners affected by recent calamities may avail themselves of ₱2.64 billion worth of emergency loans from state-run pension fund Government Service Insurance System (GSIS). In a statement on Friday night, May 8, GSIS said the emergency loan program aims to provide...
The Taguig police now use electric bicycles (e-bikes) for patrol operations to strengthen street visibility. The city government has turned over 16 e-bikes to the police for use by Tourist Police Units (TPUs), with 14 more units to be delivered to complete the 30-unit allocation. Malaking...
Vice President Sara Duterte criticized what she described as the government’s “lack of direction” as many Filipinos continue to struggle with poverty, unemployment, and rising economic uncertainty. In a video interview released by the Office of the Vice President (OVP) on Thursday, May 7,...
