
SSS Investment Income Expected to Hit P71.4 Billion by Year-End
The Social Security System (SSS) in the Philippines anticipates generating P71.4 billion in investment income by year-end, bolstering its net earnings despite increased pension and benefit payouts. Its investment portfolio is diversified across government debt, equities, and real estate.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- InLife Earns 6th 4-Golden Arrow Award for Corporate Governance
The Philippines' largest life insurer, InLife, has received its sixth 4-Golden Arrow Award, recognizing its excellence in corporate governance. This is the highest distinction awarded to Philippine insurance firms based on the ASEAN Corporate Governance Scorecard.
- China, Malaysia Investors Eye Coconut Shell Processing Plant in Davao del Norte
Chinese and Malaysian investors are exploring the establishment of a large-scale coconut shell processing plant in Davao del Norte, Philippines. The venture aims to process 20,000 metric tons of coconut shells annually into high-value products, potentially boosting income for local farmers.
- LandBank Posts 8% Net Income Growth to Over P37.5B in 9 Months
The state-run Land Bank of the Philippines reported an 8% year-on-year increase in net income for the first nine months of the year, reaching P37.53 billion, driven by the expansion of its core banking operations and a surge in digital transactions.
- DTI Rules Out Shrinkflation for 190 Basic Goods Until Year-End
The Philippine Department of Trade and Industry (DTI) assured consumers that "shrinkflation" would be avoided for 190 monitored basic necessities and prime commodities committed to price freezes until year-end, guaranteeing no reduction in product quantity, size, or weight.