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+ Follow WINSTON F Tag
WINSTON F
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 567518
                    [Title] => Commendable leadership
                    [Summary] => 

This is in response to Ms. Marichu A. Villanueva’s column piece titled “Longest-serving Arroyo officials,” which appeared in your newspaper last Wednesday (April 7).

[DatePublished] => 2010-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Letters to the Editor [SectionUrl] => letters-to-the-editor [URL] => ) [1] => Array ( [ArticleID] => 547743 [Title] => GSIS offers scholarship to 200 students [Summary] =>

- In its desire to enhance the welfare of its members and to give them the chance to help other people, the Government Service Insurance System (GSIS) once again opened its scholarship program that provides and grants scholarships to qualified and deserving scholar-designee of GSIS member-winner.

[DatePublished] => 2010-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [2] => Array ( [ArticleID] => 370924 [Title] => GSIS earns P16.5B from stock trades [Summary] => Buoyed by the strong performance of the stock market, the state-run Government Service Insurance System (GSIS) booked P16.5 billion in gains from the capital market in the first 10 months of the year, more than six times the P2.4 billion registered the previous year.

The stock exchange has been on a bull run for the past weeks as a result of renewed investor interest in the country given the stable fiscal condition, robust remittances from overseas Filipino workers, low interest rates, and a stronger peso.
[DatePublished] => 2006-11-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 369948 [Title] => GSIS assets expand 17% to P412.6-B as of September [Summary] => The Government Service Insurance System (GSIS) said yesterday its assets grew 17 percent as of September this year to P412.6 billion from P354 billion a year earler, fuelled by the upsurge in its investments.

"Right now, we may be the most profitable government-owned and controlled corporation and we are on track to hit our profit target of P40 billion for 2006," said GSIS president and general manager Winston F. Garcia.

Garcia said the pension fund’s total investments increased 4.5 percent to P275.8 billion from P264 billion a year ago.
[DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 370143 [Title] => GSIS assets expand 17% to P412.6-B as of September [Summary] => The Government Service Insurance System (GSIS) said yesterday its assets grew 17 percent as of September this year to P412.6 billion from P354 billion a year earler, fuelled by the upsurge in its investments.

"Right now, we may be the most profitable government-owned and controlled corporation and we are on track to hit our profit target of P40 billion for 2006," said GSIS president and general manager Winston F. Garcia.

Garcia said the pension fund’s total investments increased 4.5 percent to P275.8 billion from P264 billion a year ago.
[DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 369824 [Title] => GSIS has sufficient funds, says Garcia [Summary] => State run pension fund Government Service Insurance System (GSIS) has sufficient funds to support its members until 2040, a 12-year extension from the previous actuarial life of 2028, a top official said.

An actuarial life is the mortality rate of the pension fund, the period by which it can service all its members’ claims and benefits.

GSIS said they will not stop making improvements in order to further extend the life of the fund.
[DatePublished] => 2006-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 366118 [Title] => GSIS to meet income target [Summary] => The Government Service Insurance System (GSIS) is on track to achieve its net income target for this year.

After the first nine months of 2006, the GSIS expects net earnings to reach at least P38 billion, just P2-billion short of its full year income target of P40 billion.

In 2005, income amounted to P36.5 billion.

The government owned pension fund is optimistic of attaining its income target because of improved collection levels especially from the delinguent accounts of national and regional government agencies.
[DatePublished] => 2006-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 365369 [Title] => GSIS launches e-kiosks to speed up transactions [Summary] => State-run pension fund Government Service and Insurance System (GSIS) launched yesterday a secure, paperless, end-to-end electronic transaction system that will allow its members to transact business just like using an automated teller machine (ATM).

Known as the G-W@PS, the system will be housed in kiosks using the wireless technology of the two biggest telecommunications companies: country’s Smart Telecommunications and Globe Telecom.
[DatePublished] => 2006-10-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 354135 [Title] => EPCIB decides to sell treasury shares [Summary] => Equitable-PCI Bank (EPCI Bank) will place its 10.8-percent treasury shares on the auction block held by its subsidiary, EBCI Investment Inc. (EBCII).

EPCIB vice co-chairman Winston F. Garcia revealed that the planned sale of the treasury shares would help improve the capital base of the bank. Garcia is also the president and general manager of the Government Service Insurance System (GSIS).

The government pension fund controls 12 percent equity in EPCIB or third largest behind the SM Group and the Social Security System (SSS).
[DatePublished] => 2006-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 225924 [Title] => GSIS welcomes audit of books [Summary] => The Government Service Insurance System (GSIS) denied that it is resisting calls for an audit of its books by the World Bank.

In a statement, GSIS president and general manager Winston F. Garcia emphasized that the GSIS does not oppose nor resist any inquiry, investigation or audit to be conducted by any legitimate agency or private organization such as the World Bank.
[DatePublished] => 2003-10-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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