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(2nd UPDATE) GSIS President Wick Veloso says it will also dispose of its shares in renewable energy pioneer Alternergy, an investment that had been flagged by the Commission on Audit
MANILA, Philippines – State-run Government Service Insurance System (GSIS) will sell its shares in gaming giant DigiPlus Interactive Corporation (DigiPlus), renewable energy pioneer Alternergy, and in two other firms when the Philippine stock market is no longer volatile.
GSIS President and General Manager Wick Veloso told a Senate committee hearing on Tuesday, September 30, that the social insurance institution for government workers is just waiting for the stock market to stabilize.
Responding to Senator Risa Hontiveros’ insistence that GSIS should consider the social cost of gambling i
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