Pru Life UK launched the country’s first Islamic insurance lto provide financial inclusivity to many Muslim Filipinos and support the government’s goals to develop Islamic financing. Takaful, which means joint guarantee, is a Shari’ah-compliant insurance recently approved by the Insurance...
The Government Service Insurance System (GSIS) has launched its new Multi-Purpose Loan (MPL) Lite program, designed to provide members with quick and accessible financing for unexpected expenses or temporary budget shortfalls. In a statement, the GSIS said the MPL Lite offers loans ranging from...
Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. (Mark Balmores/MANILA BULLETIN) Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. is urging the...
State-owned Government Service Insurance System (GSIS) said it is closely monitoring typhoon-hit regions and will immediately offer loans to eligible members and pensioners once an area is declared under state of calamity. “GSIS is monitoring other areas in the Bicol Region, CALABARZON, MIMAROPA,...
Bicol Saro Party-list Rep. Brian Raymund Yamsuan (Yamsuan's Facebook) Bicol Saro Party-list Rep. Brian Raymund Yamsuan is proposing a measure in the House of Representatives that seeks to institutionalize a standard health...
A new transportation hub, set to rival the scale of the Parañaque Integrated Terminal Exchange (PITX), is in the works in Quezon City, the Government Service Insurance System (GSIS) announced. In a statement, the pension fund said on Monday, Oct. 21, that four government agencies have joined...
State-owned Government Service Insurance System (GSIS) has allocated a near P3 billion in emergency loans to aid its members and pensioners in regions affected by recent calamities. In a statement, the pension fund for government workers said over P2.8 billion has been earmarked for...
Former Alaminos, Pangasinan mayor and Agrarian Reform secretary Hernani Braganza is attempting to make a political comeback as the first nominee of the Aksyon Dapat Party-list. Braganza, who was a former peace negotiator under four different presidents, said that their initial plan was to create a...
The Government Service Insurance System (GSIS) has earmarked nearly P158 million in emergency loans to support members and pensioners affected by recent typhoons. The pension fund for government workers said in a statement that this initiative aims to assist 5,777 active members and...
Cyber insurance opportunities abound in the Philippines and its neighboring countries where protection is still low, according to global reinsurance broker Gallagher Re. "The greenfield opportunity is particularly large for markets we identify as 'up-and-comers', like Thailand, Malaysia, Vietnam,...
Senate President Francis “Chiz” Escudero said the Philippine Health Insurance Corporation (PhilHealth) can afford to lower its members' mandatory contribution thanks to the huge chunk of unutilized funds that it has accumulated over the years. Citing figures from the Department of Finance (DOF)...
State-run Government Service Insurance System (GSIS) said that its Multi-Purpose Loan Flex (MPL Flex) program has provided over P208 billion in loans to nearly 800,000 members within a year of its launch. Introduced in September 2023, the MPL Flex offers government employees a flexible loan option...
