The Philippine Statistics Authority and state-owned Land Bank of the Philippines have moved the needle in reducing the number of unbanked Filipinos through a co-location strategy that has introduced financial services to around 8.4 million persons registered with the statistics agency.
The Governance Commission for GOCCs, or GCG, has expressed concern that sourcing funds for the proposed sovereign wealth fund, Maharlika Investment Corp., from government-owned and controlled corporations (GOCCs) as well as from government financial institutions could affect their respective investment strategies and, consequently, their future financial performance.
GSIS now accepts optional non-life insurance (ONLI) premium payments and the corresponding taxes and fees from clients online through its partner bank, Land Bank of the Philippines (LANDBANK).
In light of recent online banking theft attempts made against some of its members and pensioners, the Government Service Insurance System (GSIS) warns the...
The Department of Budget and Management (DBM) has released P3.41 billion for the Technical Education and Skills Development Authority (TESDA) which is implementing the...