Even with the threat of an influx of American cars into the local market, Security Bank Corporation believes its joint venture with Mitsubishi Motors Philippines Corporation (MMPC) can withstand the impacts of the zero tariff on United States (US)-made goods on the competitiveness of Japanese cars....
State-run Social Security System (SSS) will roll out a pension reform program (PRP) starting September, granting higher monthly pensions, with a total 33 percent increase for retirement and disability beneficiaries over three years. Retirement and disability private pensioners under SSS will...
Security Bank Corp. announced that its Chief Financial Officer, Eduardo M. Olbes, will retire on Sept. 15, 2025, but, his replacement, Allen Alexander P. Reyes, will be onboard by Aug. 11, 2025, to facilitate the transition. In a disclosure to the Philippine Stock Exchange, the bank said that,...
With a one-percentage-point (ppt) hike in members’ contribution rate to 15 percent that took effect this year, the Social Security System (SSS)—the state-run pension fund for private-sector workers—grew its net income by 46.9 percent to ₱66.45 billion in the first half of 2025. The SSS’...
The Government Service Insurance System (GSIS) and the Social Security System (SSS) are ramping up efforts to provide swift financial relief to members and pensioners affected by recent calamities Both agencies have announced more accessible and streamlined loan programs. GSIS has opened emergency...
CEBU CITY – An owner of a security agency has applied for probation after a court recently found her guilty of estafa for failing to remit the Social Security System (SSS) contributions of one of her former employees. In her application filed before Branch 2 of the Municipal Trial Court in Cities...
Century Properties Group Inc. (CPG) welcomed the state-run pension fund Social Security System (SSS) as its anchor investor after the fund acquired ₱500-million worth of shares from the Antonio family through a block sale. In a statement, the firm said the acquisition of a strategic stake from...
State-run Social Security System (SSS) has acquired a 6.37 percent stake in real estate firm Century Properties Group Inc. from the Antonio family for ₱500 million. In a disclosure to the Philippine Stock Exchange, CPG said its majority shareholder Century Properties Inc. has sold a total of...
A 57-year-old security guard was accidentally killed during a fistfight with a fruit vendor in Kasiglahan Village, Rodriguez, Rizal, on July 12, the Rodriguez Municipal Police reported on Tuesday, July 15. Based on the police report, the 48-year-old suspect was delivering his fruit produce when the...
Senator Joel Villanueva says Bulacan is poised to become a strategic economic hub in the country, citing its diverse economy, highly-skilled workforce, and improved access to the free ports of Subic and Bataan. “Bulacan is a natural extension of Metro Manila going to the north. The rails are...
Amid speculations surrounding his possible alignment in the Senate, Senator Francis “Kiko” Pangilinan on Thursday, July 10, said that he 's ready to work with all sides. "Malaya silang magsalita. Pero malinaw ang aking paninindigan: handa akong makipagtulungan sa lahat ng...
ZAMBOANGA CITY - A security guard of a popular mall here returned a P1.5-million bracelet to its rightful owner on Sunday, July 6. Security guard Francisco Dialogo of Topwatch Corporate Security Services Inc., who was on duty at the time, found an unattended diamond-studded gold bracelet at the...