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P38 daily wage increase “not enough” for Davao workers

Daily wage earners in Davao City are not satisfied with the new salary increase of only P38 daily in Region 11 announced by the Department of Labor and Employment XI......»»

Category: newsSource:  davaotodayRelated NewsMar 12th, 2024

SMC’s F& B unit nets record P38 billion in 2023

The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

P38 daily wage hike for Davao region workers

DAVAO CITY (MindaNews / 20 February) – The Regional Tripartite Wages and Productivity Board-Davao Region (RTWPB-Davao) has approved a P38 daily increase for minimum wage earners in the region, to be implemented in two tranches starting next month. In an announcement released by the Department of Labor and Employment (DOLE)-Davao on February 19, it said […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

SEC advises investors: Watch for red flags before investing

SEC advises investors: Watch for red flags before investing.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Wegotmail: PMPI flags potential manipulation of PI in Constitutional Amendment

Wegotmail: PMPI flags potential manipulation of PI in Constitutional Amendment.....»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Catch wall built in Brgy. Nabang to protect motorists

Samar First District Engineering Office has completed the construction of a concrete catch wall in Brgy. Nabang, Calbayog City, Samar with a total revised contract amount of P38.40 million funded under the General Appropriations Act (GAA) 2023......»»

Category: sportsSource:  abscbnRelated NewsMar 15th, 2024

COA denies PNP generals’ appeal on blocked P131-million fast boat purchase

The Commission on Audit upholds the findings of the Fraud Audit Office, stating that the transaction of four former police generals in 2009 violated procurement laws.....»»

Category: newsSource:  rapplerRelated NewsMar 12th, 2024

Government infrastructure spending scaled up to P121 billion

The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Loans to agriculture sector ‘quadrupled’ in 2023

The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

COA: Mountain Province LGU awarded projects to banned firm

The Commission on Audit has flagged the provincial government of Mountain Province for awarding two irrigation projects to a blacklisted construction firm......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

NMP nabs 'Outstanding e-NGAs User Entity Award'

NMP's remarkable use of the Electronic New Government Accounting System (e-NGAs) received recognition for its commitment to transparency and the timely submission of financial statements and other reports for FY 2022, as mandated by the Commission on Audit (COA)......»»

Category: newsSource:  samarnewsRelated NewsFeb 12th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Cebu groups call for wage increase on Labor Day

CEBU CITY, Philippines – Holding big red flags and banners, demonstrators coming from various labor groups and people’s organizations in Cebu gathered as one unified group on Wednesday, May 1, to deliver a collective plea for laborers – a wage increase. The demonstrators gathered in downtown Cebu City at around 7:30 a.m. and walked to.....»»

Category: newsSource:  inquirerRelated News8 hr. 15 min. ago

COA flags Eastern Samar LGU over underpaid employees

The Commission on Audit has called out the provincial government of Eastern Samar for paying contract of service and job order employees below the prescribed daily minimum wage in the region......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

DICT: Deepfakes, AI red flags as 2025 polls near

Deepfakes and artificial intelligence (AI) are a risk as the May 2025 midterm elections approach, according to the Department of Information and Communications Technology......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Gelli de Belen pinagsabihan si Janice sa mga red flags ni John noon

SI Gelli de Belen pala ang naka-diskubreng maraming red flag ang ex-husband ni Janice de Belen na si John Estrada. Ito ang inamin ni Gelli sa panayam sa kanila ni Karen Davila para sa YouTube channel nito na in-upload kahapon, Huwebes. Ayon kay Gelli pagdating sa lovelife ng ate Janice niya ay lagi siyang nagpapaalala......»»

Category: newsSource:  inquirerRelated NewsJan 19th, 2024

Disney+ Loses 1.3 Million Subscribers After Price Hike

Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 8th, 2024

ADB, Buskowitz Solar ink $12 million loan for rooftop panels

The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Philippines FDI net inflows grow by 89.9 pct in January

MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024