Latest in LandbankAt the height of the COVID-19 pandemic, when economies worldwide had ground to a halt and most governments were cutting spending, Manila City Mayor Francisco “Isko” Moreno Domagoso made a counterintuitive decision. The maverick mayor borrowed money and built—simultaneously funding vertical housing…
The Social Security System’s (SSS) Pension Reserve Fund has reached ₱1 trillion for the first time in the institution’s history, giving millions of Filipino private sector workers confidence that their retirement funds are secure, Finance Secretary Frederick Go said Saturday. Go made the…
The three major government financial institutions—Landbank, the Social Security System (SSS), and the Government Service Insurance System (GSIS)—all posted their highest-ever net incomes under the Marcos administration, generating a combined ₱147 billion in dividends for the national government…
Major banks in the Philippines now offer free digital fund transfers following Landbank’s decision to eliminate digital transaction fees, a move that Finance Secretary Frederick Go said started a chain reaction across the entire banking system and benefited millions of Filipinos who pay for goods…
The Marcos administration has collected ₱501 billion in dividends from government-owned and controlled corporations in just four years, surpassing the combined total of three previous administrations and setting a new record in the history of Philippine public finance, Finance Secretary Frederick…
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