Senator Loren Legarda has filed a bill seeking to recognize and reward the loyalty of long-term PhilHealth contributors. In filing Senate Bill (SB) No.2964, Legarda aims to address long-standing grievances about inequities in the national health insurance system. Legarda's proposed measure...
State-run Government Service Insurance System (GSIS) reported that it had generated P15.8 billion ($272 million) from the sale of its stake in AirTrunk, a leading data center operator in the Asia-Pacific region. Wick Veloso, GSIS president and general manager, said this divestment, facilitated...
The Government Service Insurance System (GSIS) and the Philippine Government Employees Association (PGEA) will soon roll out a joint Speakers’ Bureau to enhance member education of their GSIS benefits and serve as a platform to address GSIS members’ concerns, while actively fighting ‘fake...
SAN DIEGO (AP) — Harris English held off hard-charging Sam Stevens to win the Farmers Insurance Open by one shot Saturday, Jan. 25, securing his fifth career PGA Tour victory with a 1-over 73 in challenging weather at Torrey Pines. Harris English hits his tee shot on the second hole on the South...
The Government Service Insurance System (GSIS) has overhauled its loan penalty computation method, shifting to a simpler, more borrower-friendly system to provide financial relief to its members. In a statement, Wick Veloso, GSIS president and general manager, said the state pension fund aims to...
The Government Service Insurance System (GSIS) has helped more Filipinos achieve their fundamental right to home ownership through its Pabahay sa Bagong Bayaning Manggagawa (PBBM) initiative. In support of the government’s 4H housing program, the GSIS has made the dream of having a home possible...
Photo shows flooded areas in Naga City, Camarines Sur due to Severe Tropical Storm "Kristine" during an aerial survey conducted by the Armed Forces of the Philippines (AFP) on Oct. 28, 2024. (Photo: AFP) A neophyte solon in the 19th Congress...
The Philippine Stock Exchange (PSE) announced that AIA Philippines Life and General Insurance Company Inc. has agreed to sell its four percent stake in Philippine Dealing System Holdings Corporation (PDHSC). In a disclosure, the PSE said AIA is selling its 250,000 PDHSC shares for P150 million, or...
Malayan Insurance Co. Inc. is eyeing a boost to sales of its new golfer's insurance product through availability on the popular online shopping platform Lazada. Anthony Louis Guanzon, Malayan Insurance's chief marketing officer, told reporters last Thursday, Jan. 16, that the presence of their...
Department of Finance (DOF) Secretary Ralph G. Recto assured that transferring P107.23 billion from the Philippine Deposit Insurance Corporation (PDIC) to the national treasury will not compromise its reserve fund. On Jan. 16, Wednesday, the finance chief asserted that the P107.23 billion was...
In March 2022, Leidemor Bartolome traveled to the U.S. for amission: to take her late mother’s ashes home. But what was already a difficult journey took an unexpected turn. She and her father were involved in a car accident that left them injured and facing nearly ₱2 million in medical...
State-owned Government Service Insurance System (GSIS) reported record loan disbursements totaling P289 billion last year, providing financial support to over 1.2 million government employees. In a statement, Wick Veloso, GSIS president and general manager, said the strong loan releases were driven...
