Land titles

The Government Service Insurance System (GSIS) led by president and general manager Jose Arnulfo Veloso (ninth from left) awards land titles to 70 beneficiaries from various GSIS housing programs, under the Pabahay sa Bagong Bayaning Manggagawa (PBBM) initiative. In May, the GSIS introduced the PBBM ng Pilipinas—a three-tiered strategy in support of the Pambansang Pabahay flagship program of the Marcos administration. These include the lease with option to buy, housing accounts restructuring and condonation program and regular housing loan program.