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Article: GSIS earns P30 B in 2001, up 30%.(Business)
- Article from:
- Manila Bulletin
- Article date:
- March 14, 2002
CopyrightCOPYRIGHT 2002 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Government Service Insurance System (GSIS) reported yesterday that the GSIS netted about P30 billion in income in 2001. Investments income reached P11.937 billion as of November, 2001 or an increase of 30 percent over the same period in 2000.
At the same time, Winston Garcia, GSIS President and General Manager, assured GSIS members that the noontime demonstration conducted by some GSIS employes was a personnel-related activity and did not reflect on the efficiency and productivity of GSIS.
The assembly, he said, was conducted by the GSIS Union to request for leniency for one union official who was disciplined for unruly conduct during one occasion in ...