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MANILA, Philippines — The Government Service Insurance System (GSIS) increased its profit by 21 percent in the first quarter compared to last year, thanks to better investment earnings in important sectors. The pension fund for government employees announced…
MANILA, Philippines — Senator Aquilino “Koko” Pimentel on Sunday called for a change in the policy for availing pensions by retired local officials and their staff who did not meet the 15-year minimum service requirement of the…
LAPU-LAPU CITY, Philippines — The Government Service Insurance System (GSIS) has enough reserves and fund life which will last for 31 years. This was stated by GSIS President and General Manager Jose Arnulfo Veloso during his visit…
MANDAUE CITY, Cebu— Mandaue City has officially became a debt-free LGU after it fully paid its remaining P22 million loan. Lawyer John Eddu Ibañez, executive secretary of Mandaue City Mayor Jonas Cortes, said the certificate of full…
Indigent couples in Cebu City may receive cash assistance from the city government when they celebrate their 50th or 75th years of marriage. An ordinance authored by Councilor Sisinio Andales provides that underprivileged couples who celebrate their…
The Cebu provincial government has failed to remit P17.3 million to the Bureau of Internal Revenue, representing the 20 percent share of the national government of the Development fund and Special Education Fund (SEF) which the province…
THE Commission on Audit (COA) called on the Cebu City government to explain its deficit amounting to P6.2 billion that it incurred in its annual transactions last year. In last week’s exit conference, state auditors said the…
An arrest warrant was sought for Winston Garcia, former Government Service Insurance System (GSIS) president, and 10 other GSIS officials facing graft charges over the award of the electronic membership card system he approved in 2004. The…
Partnering with private providers will ensure stable Wi-Fi connectivity and raise Internet speed in Cebu, One Cebu gubernatorial bet Winston Garcia said. During last Saturday’s Cebu Bloggers Summit, Garcia said he prefers providers that can offer a…
“Enough is enough.” Rep. Gwendolyn Garcia of Cebu’s 3rd district yesterday filed a string of complaints against Gov. Hilario Davide III for what she called the “malicious neglect” of the the Cebu International Convention Center (CICC). She…
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