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PhilPost Receives P100M Advance from GSIS Amidst Fire Damage Evaluation
The Philippine Postal Corp. (PhilPost) has received an advance of P100 million from the Government Service Insurance System (GSIS) while ongoing assessment determines the extent of damage caused by the fire at the Manila Central Post Office building. GSIS issued this preliminary payment as part of PhilPost's insurance claim. The complete payment is contingent on the adjuster's report evaluation and final approval. The GSIS, insuring the building for up to P604 million, plans to provide the remaining sum after due diligence. GSIS President and General Manager Arnulfo Veloso added that the organization also contributed office equipment to aid PhilPost in maintaining essential services' continuity.
to P1.5 billion, though these figures lack concrete quantitative data.
The research underscores a lack of transparency in political campaigns, as spending on discreet influence operations often exceeds declared amounts. Weak regulations create room for such activities in campaign budgets, while the opaque nature of political influencer contracts further exacerbates the issue.
To address these concerns, the study recommends expanding transparency measures, modifying campaign financial declarations to encompass a wider range of expenses, and implementing stronger mechanisms to hold political influencers accountable. Such reforms, including the registration of influencers as independent contractors and tax payment enforcement, aim to unveil the identities and activities of these covert political influencers.