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State pension fund Government Service Insurance System (GSIS) will release the 2021 Christmas Cash Gift amounting to a total of P3.2 billion to its old-age and disability pensioners starting December 6. The benefit is also known to pensioners as their “Christmas bonus.”

Finance Secretary Carlos Dominguez III has directed government social institutions (GSIs)— Social Security System (SSS), the Government Service Insurance System (GSIS), and Philippine Health Insurance Corporation (PhilHealth)—to fully comply with the Philippine Financial Reporting Standards (PFRS) 4 in reporting their social benefit liabilities (SBLs).

By Maja H. Dahan Just when the Philippine government began easing restrictions in an effort to bring everything back to normalcy, the Omicron variant of the coronavirus disease has started sowing terror in other parts of the world.

Manila Water posted earnings of ₱3.4 billion for the first nine months of 2021, 6% higher than the same period for the previous year. The improvement was driven mainly by the significant increase in contribution from the Company’s international affiliates and key domestic subsidiaries, as well as lower provisions for income tax in compliance with the CREATE Law.

Amid challenging times, the incidence of getting easy money even through illegal means becomes attractive. Globe issues this warning for customers to stay vigilant and raise awareness on how to protect one’s data to prevent being victims of fraud.  

Vice President Leni Robredo, after days of intense discernment, announced she will run for president in next year’s elections. She filed her certificate of candidacy (COC) the same day she made the announcement, October 7, the penultimate day for filing of COCs.

The National Telecommunications Commission (NTC) is investigating the illegal use of alert notification services that contained text messages favoring presidential candidate Bongbong Marcos because of its pitch for “BBM”. 

Moody’s Analytics, an economic research think tank, reported that the Philippines and other countries in Southeast Asia should re-open their economies with caution due to the prevailing risks from new COVID-19 strains.

Some prominent names in the Philippines emerged in a far-reaching new investigation by the International Consortium of Investigative Journalists (ICIJ) media consortium, which found that more than a dozen heads of state and government around the world are using offshore tax havens to hide assets worth hundreds of millions of dollars.

The US State Department has revealed the number of nuclear warheads the country stockpiles for the first time in four years, after former president Donald Trump placed a blackout on the information.