State-run pension fund Government Service Insurance System (GSIS) has launched a new loan facility to help members reduce daily transportation costs by financing bicycles and electric mobility devices. In a statement on Monday, May 4, GSIS said it rolled out the Ginhawa Bike and E-Mobility Loan...
CAPAS, Tarlac -- Foreign riders continued their rampage as South Korea’s Seoul Cycling Team stamped its class in team play after topping the Stage 2 Team Time Trial of the MPTC Tour of Luzon 2026 on Thursday, April 30, that started at the Clark Development Corporation in Pampanga and ended in...
The controlling faction of the Lopez family is calling for a formal government inquiry into “poison pill” provisions at First Gen Corp., alleging the measures protect the tenure of President and Chief Executive Officer Federico R. Lopez, at the expense of state pension funds and international...
CALATAGAN, Batangas -- Korean Joo Dae Yeong returns to defend his individual title when the MPTC Tour of Luzon 2026 hits the road on Wednesday, April 29, here. The top rider from the Gapyeong Cycling Team banners the 89 cyclists from 13 local and foreign teams embarking on a thrilling 14-stage...
Amid the protracted energy crisis, public demand for solar financing applications surged to ₱5.7 billion, accounting for more than two-fifths of the total budget that the Government Service Insurance System (GSIS) has set aside for this financing segment. As of April 21, the state pension fund...
State-run Philippine Deposit Insurance Corp.’s (PDIC) move to double the maximum insurance coverage to ₱1 million partly drove total insured deposits up by more than two-fifths to ₱5.2 trillion in 2025. This surge represents a ₱1.5-trillion increase from the ₱3.7-trillion level recorded...
State-run pension fund Government Service Insurance System (GSIS) has credited ₱7.3 billion in loan amortization refunds to more than 500,000 government employees and pensioners. The initiative is part of the Balik Ginhawa program, which has posted a high success rate, with nearly 90 percent of...
State-run Philippine Deposit Insurance Corporation (PDIC) is implementing a more robust and accessible framework for depositors seeking to appeal denied insurance claims. Approved on February 25, Regulatory Issuance (RI) No. 2026-01 introduces a “stronger, clearer, and more responsive process”...
Pru Life UK is expanding its investment-linked offerings in the Philippines to capture demand for diversified assets, launching a multi-asset fund to help insulate local portfolios against heightened global volatility. Pru Life UK Chief Investment Officer Princess Balingit said during a roundtable...
State-run Government Service Insurance System ’s (GSIS) financial performance posted a single-digit improvement in 2025, driven by a steady increase in its core earnings and a significant expansion in its asset base. Based on the state pension fund’s latest unaudited condensed statement of...
State-run pension fund Government Service Insurance System (GSIS) has begun releasing refunds under its Balik Ginhawa program, providing immediate financial relief to qualified members and pensioners. In a statement on Thursday, April 9, GSIS said the disbursements started last Wednesday, April 8,...
The Government Service Insurance System (GSIS) will return more than ₱19 billion to 1.37 million members and pensioners under a relief program that provides a lump-sum refund of recent loan payments rather than the traditional suspension of future collections. In a statement, GSIS said the state...
