SSS says e-transactions up more than twice due to pandemic
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Quarantine restrictions put in place to address the spread of Covid-19 resulted in the surge in Social Security System (SSS) electronic transactions in 2020.
In a virtual briefing on Wednesday, March 3, SSS executive vice president Judy Frances A. See said transactions through the agency’s electronic channels accounted for 75 percent of the total in 2020, up from around 35 percent in the previous year.
Manual transactions, in turn, dropped from 65 percent of the total in 2019 to just 25 percent last year, she said.
For last January alone, access to the My.SSS portal registered average transactions of around 70,590 daily. See said registration to the My.SSS portal rose by 140.8 percent last year from the about 1.36 transactions in the previous year.
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BSP execs to respond to Ombudsman case on national ID system
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The Bangko Sentral ng Pilipinas (BSP) said on Thursday, Jan. 21, its officials who were included in a complaint before the Office of the Ombudsman regarding the procurement of cards for the Philippine Identification System (PhilSys) will cooperate with its investigation.
Pres. Rodrigo Duterte with a copy of his national ID (Photo from PCOO)
“As regards the complaint filed with the Ombudsman relative to the procurement for the printing of cards for the National ID System, rest assured that the BSP officials concerned will respond in the proper forum once required in accordance with applicable rules,” it said in a statement.
BPO firms taking up POGO-vacated office spaces
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Increased demand from the information technology-business process management (IT-BPM) sector took up office spaces vacated by Philippine Offshore Gaming Operators (POGO) since the second quarter this year, boosting opportunities for the real property sector amid the pandemic.
Photo credit: www.iloilobusinesspark.com.ph
In a virtual briefing Tuesday, Dec. 15, Leechiu Property Consultants chief executive officer David Leechiu said improved fundamentals, along with government measures to address the pandemic and raise funds, and the resiliency of the domestic property market, among others, are seen to prop up the real property sector next year.