wait

Retirement Pay Finally Released to Former IBC-13 Employees After 22-Year Wait

Manila, Philippines – More than two decades after their retirement, 145 former employees of state-run Intercontinental Broadcasting Corp. (IBC) in the Philippines have finally received their long overdue retirement pay. Some of these retirees, who have been grappling with health issues, were able to benefit from the release of approximately P500 million in retirement pay. According to the Presidential Communications Office, it took 22 years and 28 management teams before the payment was finally released. …

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Cash-Out Slowdown: Investment Management Corp. of Ontario Ready to Wait for Exits

Toronto, Canada – Private equity firms in Canada have been facing challenges in cashing out of their holdings and returning money to investors. Investment Management Corp. of Ontario is taking a patient approach, preparing for the possibility of a prolonged period without exits. According to Rossitsa Stoyanova, the chief investment officer of the C$77.4 billion ($57 billion) Canadian pension manager, many partners believe that the worst is behind them. Stoyanova emphasizes the importance of patience …

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Expansion of Essential Plan finally launched after long wait

Albany, New York – After much anticipation, the long-awaited expansion of the Essential Plan has finally been launched in the state. This expansion is set to provide greater access to essential healthcare services for a broader population that previously struggled to afford coverage. With the new expansion, more individuals and families will now have the opportunity to enroll in this affordable health insurance option and receive the care they need. The Essential Plan expansion comes …

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