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Money Matters

Maternity disbursements hit P7b in 2018, says SSS

state-run Social Security System (SSS) over the weekend said more than 326,000 female members were assisted in 2018 with maternity benefit disbursements reaching to around P7.07 billion, a P954.62 million or 15.6 percent increase from over P6.11 billion recorded in 2017. “We are glad that we are able to assist ...

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When success is the only option: The Ozamiz Coop

When success is the only option, failure is out of the picture. Ozamiz City Integrated Cooperative (OCIC) never gave up on a technology challenge and Department of Science and Technology (DOST)-10 never gave up its assistance until the Small Enterprise Technology Upgrading Program (SETUP) project is successful. The willingness to ...

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Group lauds SC decision for lower power rates

Murang Kuryente Partylist (MKP) on Monday welcomed the decision of the Supreme Court to require all power supply agreements (PSAs) submitted by distribution utilities (DUs) on or after June 30, 2015 to undergo the competitive selection process required by the Electric Power Industry Reform Act (EPIRA). This Supreme Court decision ...

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Card group leads country’s micro-insurance industry

CARD Mutual Benefit Association (CARD MBA) and CARD Pioneer Microinsurance, Inc. (CPMI) remained the top leaders in the microinsurance sector in the Philippines with 83.06% and 66.89% market shares, respectively, the Insurance Commission (IC) reported on April 12, 2019. The two microinsurance companies are both member institutions of CARD Mutually ...

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Telco customers donate P1.6m to plant 16,000 trees in B’non

It was a cause worth every peso and point. Less than a month ago, Globe Telecom encouraged all its mobile customers to donate their 2018 expiring rewards points to help restore the Philippines’ primary rainforest cover via Hineleban Foundation as part of the company’s rainforestation advocacy. For every 100-point donation, ...

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Thinktank: Philippines headed for ‘avoidable’ power crisis

Infrastructure-oriented thinktank has said that the country is now headed into an ‘avoidable’ power crisis, as the National Grid of the Philippines declared an unprecedented red alert over the Luzon grid on Wednesday. “We are headed into an ‘avoidable’ power crisis, if only government agencies acted swiftly in resolving pending ...

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Telco joins with foundation on ‘Tech for Good’ award

In collaboration with BPI Foundation, Globe Telecom integrates into the BPI Sinag Accelerate Program the “Tech For Good Award” which will be given to the social enterprise that best displays effective use of digital technology in its project. BPI Sinag Accelerate is a business plan competition that seeks to identify, ...

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