The Social Security System (SSS) reported an increase in cash benefits for elderly members who could no longer work that benefited over two million Filipinos. The SSS said on Friday, Mar. 8, that the pension fund released around P157 billion in retirement benefits to 2.2 million members from...
For those with overdue Social Security System (SSS) loans, now is the time to settle them and clear their financial obligations. On Wednesday, March 6, the SSS said there is an ongoing loan condonation program aimed at waiving penalties accrued by borrowers with outstanding salary, calamity,...
Australian Prime Minister Anthony Albanese on Thursday, Feb. 29, promised to work on a renewed strategic partnership with the Philippines that centers on maritime security and promoting respect for international law. (From left) President Ferdinand 'Bongbong' Marcos Jr. and Australian...
Security Bank Corporation reported a 13.74 percent drop in net income to P9.1 billion last year from the P10.55 billion earned in 2022 mainly due to higher expenses and provisions for credit card losses. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its total revenues...
The Social Security System (SSS) announced its net income in 2023 exceeded by 62.8 percent its target of P51.06 billion to P83.13 billion as it recorded higher revenues than its expenses. Based on its 2023 unaudited financial statement, SSS' net income of P83.13 billion in 2023 surpassed the P52.60...
Defense Secretary Gilberto Teodoro Jr. (right) meets Vietnamese Ambassador Lai Thai Binh at Camp Aguinaldo in Quezon City on February 23, 2024. (Photo by DND) The Philippines is looking to collaborate with Vietnam and United Kingdom to further boost the country's defense and security, the...
The Social Security System (SSS) posted a record profit of P83.13 billion last year, propelled by robust revenues resulting from the increase in the contribution rate. The private sector employees' pension fund surpassed its 2023 net income target of P51.06 billion by 62.8 percent as well as...
The government sets its eye on expediting more energy-related investments to attain low electricity prices, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan reiterated their commitment to address issues in the energy sector, including the...
FA-50 light fighter jets of the Philippine Air Force fly with a B-52H bomber aircraft of the United States Pacific Air Force for its first ever combined air patrol over the West Philippine Sea on February 19, 2024. (Photo by PAF) The Philippines, through the National Security Council (NSC),...
"We get things done." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) This was President Marcos' answer to praises he had been receiving for his response to issues surrounding the country's national security, economic competitiveness, tourism, and infrastructure development. In an...
"The Philippines is a living testament to the harsh realities of climate change." Philippine Ambassador to the UN Antonio Lagdameo told his fellow diplomats at the open debate of the UN Security Council on Climate Change and Food Insecurity. In his remark at the international body, Lagdameo said...
Philippine Coast Guard (PCG) vessel BRP Teresa Magbanua is blocked by a China Coast Guard (CCG) vessel during one of her patrol operations in Bajo de Masinloc, Zambales from Feb. 1 to 9, 2024. (Photo by PCG) Starting this February, civilian vessels of the Philippine Coast Guard (PCG) and Bureau of...
