
Costly board seat
The Commission on Audit stated in a 2023 report that GSIS had invested P34.5 billion to secure 11.56-percent ownership of MPIC.
· 3 MIN READ
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The Commission on Audit stated in a 2023 report that GSIS had invested P34.5 billion to secure 11.56-percent ownership of MPIC.
· 3 MIN READ

The Commission on Audit revealed in a 2023 report that GSIS spent P2.308 billion on stocks over the past three years, yet the fund gained nothing from the…
· 3 MIN READ

Contrary to talks that the hike in SSS premium contribution is intended to replenish SSS money given to the Maharlika Investment Fund, former SSS head Rolando…
· 2 MIN READ

Washington, United States — US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9…
· 3 MIN READ

452 senior pensioners did not receive their rightful benefit amounts from the Government Service Insurance Corporation (GSIS) in 2023, resulting in an…
· 1 MIN READ

‘We don’t expect Maharlika itself to run projects. Rather we expect these potential joint ventures to take over and we will stand behind them as a major…
· 5 MIN READ

In literally a span of just two days (from 31 December to 1 January), our exporters of bananas will benefit from a 12 percentage-point reduction in the tariffs…
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‘They are providing capital which reduces their equity which may put them non-compliant with our capital requirements’
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The mother of Korean actress Han So Hee, known as Ms. Shin, has been sentenced in connection with her involvement in illegal gambling operations, according to…
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The Board of Investments (BoI) has urged registered business enterprises (RBEs) to file transfers of their existing businesses logged under the Corporate…
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The Asian Development Bank (ADB), HSBC and Security Bank Capital Investment Corp. lent early this month to Asialink Finance Corporation $115 million to fund…
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‘It’s a slightly different structure (than our Green Energy Auction Program), but it enables these renewable projects. So, we won that. That’s huge. That’s a…
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ALTER remitted P117.93 million, its first dividend to GSIS, a year after the latter made a P1.45-billion equity investment to support the company’s renewable…
· 1 MIN READ

NBI arrests 7 Chinese nationals involved in scamming and human trafficking operations. Discover the details of this major crackdown and its implications.
· 1 MIN READ

‘Our government has identified the semiconductor industry as a priority for investment’
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The Philippines ranked second in the global ranking of the most attractive emerging renewable energy (RE) investment markets, based on the 2024 Climatescope…
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Denmark’s Foreign Minister Lars Løkke Rasmussen will visit the Philippines beginning tomorrow until 10 December, marking the first visit by a Danish foreign…
· 2 MIN READ

President Ferdinand "Bongbong" Marcos Jr. sought to market the Philippines as a trade hub with other countries when he met with Canada and World Trade…
· 2 MIN READ

