State-run Government Service Insurance System (GSIS) has signed an agreement with the Power Sector Assets and Liabilities Management Corporation (PSALM), and the National Power Corporation (NPC), finalizing the settlement of over ₱1 billion in unremitted premium contributions arising from...
Senator Panfilo “Ping” Lacson has filed a bill that would allow public servants who have served for at least nine (9) years in government a chance to qualify for the retirement packages of the Government Service Insurance System (GSIS). The bill, entitled “An Act Providing for Voluntary...
The Insurance Commission (IC) is proposing to increase premium rates for motor vehicle insurance while also expanding the maximum coverage for policyholders. A draft circular dated June 27, intended for review by non-life insurance companies, proposed an increase in certain basic premium rates for...
Toyota Motor Philippines Corporation (TMP) has formalized new strategic partnerships under its Toyota Insure program, expanding its network of accredited insurance providers. The two new partners, Pioneer Insurance & Surety Corporation and MAAGAP Insurance Inc., are expected to further strengthen...
The Government Service Insurance System (GSIS), the state-run pension fund for public-sector workers, reported strong growth in non-life insurance operations while it opened its new Quezon City hub to better serve members and pensioners. In a statement on Monday, June 30, the GSIS disclosed that...
State-run Government Service Insurance System (GSIS) has disbursed a combined total of ₱413.4 billion, covering 1.9 million approved loan applications under its Ginhawa Flex and Ginhawa Lite programs. GSIS President and General Manager Wick Veloso reported during the pension fund’s...
Year after year, millions of Filipinos make the difficult decision to leave their families or loved ones behind for a chance of earning more and providing them with a better life. Mothers and fathers lose the opportunity to watch their children grow, while young adults or single Filipinos are...
Waking up to a home flooded up to hip level or reporting for work only to find out you have been let go by the company are scenarios one would wish were just a bad dream. For Karla and Paulo, however, this was their reality when Typhoon Ondoy and the global pandemic happened, respectively. Faced...
A sari-sari store around the corner, eateries lining up on the side of a street, 24/7 community laundry shop, or a digital marketing start-up agency are just a few examples of MSMEs or micro, small, and medium-sized enterprises that play a crucial role in providing employment and driving economic...
Even with the safety net of deposit insurance, both small and large depositors tend to pull out their funds when a nearby bank shuts down, suggesting that fear of losing access to cash outweighs the assurance of protection, according to a study co-authored by top Bangko Sentral ng Pilipinas (BSP)...
State-run Government Service Insurance System (GSIS) has reported that more than 99 percent of its transactions in the first half of 2025 were conducted online. From January to June, nearly all GSIS services, such as applying for loans and checking member information, were available via the GSIS...
The state-run Government Service Insurance System (GSIS) will release the June pension payments two days early, on Friday, June 6, instead of the usual eighth of the month. According to the GSIS, the adjusted date of release would fall on Eid’l Adha, which has been declared a regular nationwide...
