Tony Chavez

GSIS posts 21% increase in 2024 operations net income to P135.7B

The Government Service Insurance System (GSIS) posted robust financial results in 2024, reporting a net income from operations of P135.7 billion, a 21% increase from P112.1 billion in 2023. Total assets grew by 9.23% to P1.83 trillion. Total income increased to P326.86 billion, a 10.29% rise year-on-year, fueled by strong returns on investments and insurance…

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PAGCOR welcomes country’s exit from FATF Grey List

The Philippine Amusement and Gaming Corporation (PAGCOR) has welcomed the country’s exit from the Financial Action Task Force grey list and vowed to continuously strengthen regulations and strict monitoring of the local gaming industry. PAGCOR chairman and CEO Alejandro H. Tengco said the company’s exit from the list is a significant development that should attract…

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Over P100-M worth of marijuana plants uprooted in Sulu eradication

Cotabato City—joint operation was conducted by the Philippine Drug Enforcement Agency (PDEA) Regional Office of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) – Sulu Provincial Office, in collaboration with the Philippine National Police (PNP) and the Philippine Army, to eradicate a marijuana plantation located in Barangay Pitogo, Kalilangan Caluang, Sulu, on February 21, 2025….

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Philhealth chief meets with hospital group to address access points, other concerns

Starting February 14, all outpatient emergency cases in accredited levels 1 to 3 hospitals are covered by PhilHealth’s Facility-Based Emergency (FBE) benefit in accordance with the Outpatient Emergency Care Benefit (OECB) package introduced late last year through PhilHealth Circular 2024-0033. The Philippine Health Insurance Corporation (PhilHealth), led by acting president and CEO Dr. Edwin M….

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DPWH hosts the 1012th National Irrigation Administration regular board meeting

Department of Public Works and Highways (DPWH) secretary and NIA board of director representative Manuel M. Bonoan welcomed key officials and Board of Directors members from the National Irrigation Administration (NIA), National Economic and Development Authority (NEDA), Office of the President, and the Department of Agriculture (DA) in the 1012th NIA Regular Board Meeting held…

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