The SSS 2015 Investment Income Goal Likely to be Met

The Executive Vice-President for Investments of SSS, Rizaldy T. Capulong, has since said that the agency is expected to breach its investment target for 2015. This expectation is based on its performance as seen in its first ten months. To be specific, around 95% to 104% is expected.

The SSS has booked around Php 24.213 billion in terms of investment income in October, which provides a 7.04% return rate. As of the end of November, the total investments stands at Php 423.81 billion, against revenues from investments and other income at Php 26.933 billion. For 2016, Php 30 billion in investment income is expected to be raised.

Home » Bizsnippets » The SSS 2015 Investment Income Goal Likely to be Met
FG Head of Content
Member of cebubloggingcommunity.com
Camille Marie Marcon is a professional creative content writer who has worked for international companies from American to British to Australian and now Japanese. She has also worked as Freelance Marketing Consultant for a local startup in Cebu.