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NEDA backs Radio Control Law amendment
The National Economic and Development Authority plans to recommend the inclusion of the amendment of the Radio Control Law in the government’s list of priority bills for approval......»»
‘Dapat maging mas handa tayo’ — Bong Go backs healthcare-related bills
Senator Christopher "Bong" Go expressed in an interview on Thursday, September 21, after attending the groundbreaking for the Super Health Center in San Mateo, Rizal, his full support for the establishment of the National Disease Prevention Management Authority, Medical Reserve Corps, and the Virology Institute of the Philippines. The measures were discussed during the third Legislative-Executive Development Advisory Council (LEDAC) meeting. When asked about the progress of these initiatives, Go, chairperson of the Senate Committee on Health, responded, "As chair po ng Senate Committee on Health, full support po ako dito." “Nasa subcommittee ang mga bills na ito na pinangungunahan ni Senator Pia Cayetano. Nakapag-hearing na ito at isa ako sa mga nagfile ng bills. Hopefully, maipasa ito ngayong taon,” said Go. "Priority rin ang mga ito ni Pangulong Bongbong Marcos, nabanggit din ito sa LEDAC, so suportado ko ito," he added. Go clarified that the NDPMA is essentially the same as the previously named Center for Disease Control and Prevention (CDC) bill. “Unang-una, napaloob po ito sa Philippine Development Plan po ng ating Pangulong Marcos. Itong paggagawa ng Center for Disease Control and Prevention, or ibahin man po, maging National Disease Management Prevention Authority ay suportado ko po ito," added Go. The senator emphasized the importance of being prepared for possible future pandemics, citing the country's experience with COVID-19. "Mas mabuti pong lagi tayong handa; meron tayong opisina na nakatutok po kung saka-sakaling may dumating na pandemya po sa buhay natin," he said. He recalled how the Research Institute for Tropical Medicine (RITM) became a crucial office for COVID-19 testing, despite almost losing its funding during the 2019 budget deliberations. “Noong 2019 naman bago dumating ang pandemya ay muntik ding binawasan ang budget para sa Research Institute for Tropical Medicine. Hindi po tayo pumayag. In fact, dinagdagan pa natin sila noong budget deliberations. Tama nga ang kutob ko, sino ba ang mag-aakala na ang RITM ang magiging isa sa pinakaimportanteng opisina sa panahon ng pandemya? Ang RITM din ang may kakayahan na mag-test ng iba pang nakahahawang sakit bukod sa COVID-19,” Go shared. He concluded by saying that he supports these initiatives that will benefit Filipinos, the healthcare system, and the less fortunate. "Bagama't isang boto lang po ako, ay suportado ko po ang mga ito." The senator has filed his own versions of these measures in the Senate. Go has filed Senate Bill No. 195 or the creation of a Center for Disease Control (CDC). If passed into law, CDC will serve as the country's central hub for disease prevention, surveillance, and control, focusing on both infectious and non-communicable diseases. Another key legislative measure from Go is SBN 196, which seeks to establish a Virology Science and Technology Institute. The institute is envisioned as a center for virology that will enhance the country's capacity to study, detect, and combat emerging and re-emerging infectious diseases. He also filed SBN 1180 which seeks to establish a Medical Reserve Corps composed of individuals who have degrees in health-related fields but have yet to obtain professional licenses. The Medical Reserve Corps may be called upon to assist the national government and the local government units in their functions related to addressing the medical needs of the public in times of national emergencies. The post ‘Dapat maging mas handa tayo’ — Bong Go backs healthcare-related bills appeared first on Daily Tribune......»»
GCash backs bills running after scams
GCash is expressing its full support for the urgent passage of a proposed law that will boost the fight against scammers and fraudsters. “As we place utmost priority on trust and security, we believe that House Bill 7393, or the ‘Anti-Financial Scamming Act’ and Senate Bill 2039, or the ‘Anti-Mule and Financial Fraud Act of 2023’ will greatly help deter financial cybercrimes in the country,” Ren-Ren Reyes, president and CEO of G-Xchange Inc., the mobile wallet operator of GCash, said. The proposed legislations will primarily punish cybercriminals and their accomplices such as the so-called money mules who are used by scammers to receive stolen or illicit money and obscure the source of funds while keeping the criminals’ identity secret. While some money mules are aware that what they’re doing is illegal, others are more unwitting. “If urgently passed and implemented, the measures penalizing money mules and scammers can further accelerate the country’s digitalization and financial inclusion agenda,” Reyes indicated. GCash has been proactively blocking suspicious accounts to keep these bad actors from victimizing customers. Rounding up mules From January 2022 to June 2023, GCash had barred 4 million accounts from accessing the platform for fraud. The leading e-wallet is also in close coordination with the Philippine National Police Anti-Cybercrime Group, the Cybercrime Investigation and Coordinating Center and the National Bureau of Investigation to ensure scammers and fraudsters are stopped in their tracks. House Bill 7393, once passed, will penalize any person who acts as a money mule or performs social engineering schemes. When done by a group of three or more persons, perpetrators will also face charges of economic sabotage. As for Senate Bill 2039, it expressly prohibits phishing and account takeovers — two of the most common schemes that criminals use to steal money from unsuspecting users. The post GCash backs bills running after scams appeared first on Daily Tribune......»»
GCash backs urgent passage of legislation against scammers
In line with its thrust of building the safest platform for its users, GCash is expressing its full support for the urgent passage of a proposed law that will give a big boost to the fight against scammers and fraudsters. “As we place utmost priority on trust and security, we believe that House Bill 7393, or the ‘Anti-Financial Scamming Act’ and Senate Bill 2039, or the ‘Anti-Mule and Financial Fraud Act of 2023’, will greatly help deter financial cybercrimes in the country,” said Ren-Ren Reyes, president and CEO of G-Xchange, Inc., the mobile wallet operator of GCash. The proposed legislation will primarily punish cybercriminals and their accomplices such as the so-called money mules who are used by scammers to receive stolen or illicit money and obscure the source of funds while keeping the criminals’ identity secret. While some money mules are aware that what they’re doing is illegal, others are more unwitting. “If urgently passed and implemented, the measures penalizing money mules and scammers can further accelerate the country’s digitalization and financial inclusion agenda,” noted Reyes. GCash has been proactively blocking suspicious accounts to keep these bad actors from victimizing customers. In fact, from January 2022 to June 2023, GCash has already barred four million accounts from accessing the platform for fraud. The leading e-wallet is also in close coordination with the Philippine National Police Anti-Cybercrime Group (PNP-ACG), the Cybercrime Investigation and Coordinating Center (CICC), and the National Bureau of Investigation (NBI) to ensure scammers and fraudsters are stopped in their tracks. House Bill No. 7393, once passed, will penalize any person who acts as a money mule or performs social engineering schemes. When done by a group of three or more persons, perpetrators will also face charges of economic sabotage. As for Senate Bill No. 2039, it expressly prohibits phishing and account takeovers — two of the most common schemes that criminals use to steal money from unsuspecting users. Both proposed measures define money mules as persons who sell, buy, or lend e-wallets or other financial accounts, including those who register for such accounts using fake names or stolen identities to commit a crime. Other bills in the Senate aimed at beefing up the fight against fraudsters and scammers are SB 336, SB 2171, SB 2306, and SB 2407. “We look forward to collaborating with our legislators and other stakeholders for the protection of the Filipino people against evolving threats in this increasingly more digital world,” emphasized Reyes. The post GCash backs urgent passage of legislation against scammers appeared first on Daily Tribune......»»
Wage hike tunnel vision
The Senate is expected to pass before adjourning sine die in June a P150-a-day, across-the-board wage hike after a bill mandating just that was approved “in principle” by its labor panel. That bill had been simmering before a technical working group, being cooked to make it palatable to employers, especially to micro, small, and medium enterprises that employ 5.4 million Filipinos. The few but noisy militants in the labor sector have derided the Senate panel’s wage bill and its counterpart House measure as too paltry against the skyrocketing prices of goods and services. Businesses had always been opposed to the shotgun approach of legislating wage hikes because a bearable imposition on one company may just be what would tip another enterprise to going into the precipice and seizing operations. In the latter example, workers, due to the actions of politicians pandering to what they think would earn them “pogi” points in the next election, could suddenly find themselves without jobs. It is for this reason that business groups like the Employers’ Confederation of the Philippines had been steadfast in keeping the status quo of raising salaries through the regional wage boards. The boards oversee relatively smaller regions and as such can listen to affected parties, both from the labor and employer sides, thereby coming up with increases acceptable to both. As things stand relative to Congress’ clear intent to ram the P150/day wage hike maybe in time for the President’s second State of the Nation Address in July, there are two sides. The first backs the measure to address the rising cost of living, while the second group had been arguing that it is inflationary, or that it will lead to further increases in the prices of goods and services. Theoretically, wage hikes could be inflationary because they can lead to an increase in the demand for goods and services. When workers buy more goods and services, the sudden or artificial increase in demand can put upward pressure on prices. In addition, wage hikes can also lead to an increase in the cost of production as businesses may have to pass on higher wage costs to consumers in the form of higher prices. Abrupt legislated wage hikes may, however, not impact inflation in a robust economy where businesses may be able to absorb the higher costs of labor without passing them on to consumers. But in an economy like ours that is just now getting out of the pandemic, wage hikes may further increase prices as businesses may be less able to absorb the higher costs of labor and instead pass them on to consumers. In both types of economies, legislated wage hikes are one-size-fits-all solutions that could be bearable to some businesses but catastrophic to others, leading to some companies letting go of their workers. In looking at the wage bills, legislators should take off their blinders and look at the big picture and past our borders where companies are laying off workers left and right. In the United States alone, in the technology and digital sector which supposedly made a killing during the pandemic due to the lockdowns and mobility restrictions, layoffs are leaving a bloody mess. This month, Amazon announced the layoff of 16,000 from a combination of factors like diminishing revenue stream and increased competition. Google’s parent company Alphabet earlier announced dropping 12,000 employees. The list goes on and on with Microsoft also giving 10,158 workers the pink slip, and Facebook’s Meta paring down its labor pool by 10,000. Amid the layoffs abroad, the number of unemployed Filipinos in 2022 dropped by 1.04 million to 2.99 million, compared to the 3.96 million jobless Filipinos in 2021. Those numbers represent an unemployment rate of 6.4 percent in 2022 from 8.8 percent in 2021. The decline in unemployment can be attributed to the Philippine economic recovery from the Covid-19 pandemic with gross domestic product increases that had been the envy of our Asian neighbors. This is something that President Ferdinand Marcos Jr. has not failed to point out in his many trips abroad to lure in foreign capital and investments. More than raising wages, the bigger challenge for the country is to further reduce unemployment by, among other things, addressing the mismatch between the skills of the unemployed with the skills required by the available jobs. Jobs generation is one aspect of the economy that lawmakers should focus on, one that would really impact the quality of life of Filipinos, and maybe even make the many Filipinos working abroad decide to come home since there are jobs for them locally. The post Wage hike tunnel vision appeared first on Daily Tribune......»»
DepEd backs making sex education compulsory, standardized
The DepEd said in its position paper read out before the Senate women and children panel that these bills “will surely help break the persistent taboo on discussing adolescent sexuality and reproductive health and ease the social stigma attached to it.”.....»»
Lawmaker backs 4-day session weekly for passage of Bayanihan 3
If the Senate can hold four sessions a week to ensure passage of priority bills before Congress goes into break on June 4, so can the House of Representatives, a senior administration lawmaker said yesterday......»»
DTI backs bill taxing digital transactions
The Department of Trade and Industry is pushing for the passage of bills such as the Internet Transactions Act and Digital Taxation Act to promote the digital economy......»»
Go backs military, pension reform bills
Senator Christopher “Bong” Go on Monday sought support for the various bills on Military and Uniformed Personnel Services Separation, Retirement, and Pension Reform, including his own Senate Bill 1419, which all aim to maintain financial flexibility on the part of the government. The measures were also meant to ensure that the State can and will […] The post Go backs military, pension reform bills appeared first on Daily Tribune......»»
BSP backs integrated bills payment facility
The Bangko Sentral ng Pilipinas is pushing for the creation of an integrated bills payment facility as it continues to ramp up efforts to transform the Philippines from a cash-heavy to a cash-lite economy......»»
Property prices slow in Q4
The growth in property prices has been sustained for 10 straight quarters, albeit at a slower pace in the fourth quarter last year, according to the Bangko Sentral ng Pilipinas......»»
India backs Philippines in dispute with China
New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»
India backs Philippines in sea dispute with China
New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»
Filinvest Invests P16B in Ciudad BTO Project
The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»
‘Ormoc LGU owns San Pablo property’
Ormoc City Mayor Lucy Torres-Gomez has denied claims that the city government does not own a parcel of land in Barangay San Pablo, where the Ormoc City College will be constructed......»»
Knowing one’s IP right
Copyright registrations at the Intellectual Property Office of the Philippines or IPOPhl reached record-high levels last year. And this, according to IPOPhl, signifies increased awareness of the importance of copyright registration......»»
Rama: No need to rush RPT revision
CEBU CITY, Philippines – Cebu City Mayor Michael Rama said revising the Real Property Tax (RPT) wasn’t yet necessary, showing a sudden change in his position. At first, Rama said the RPT revision had to be done this month. Later, he told the council that imposing the RPT suddenly wasn’t necessary, showing a change in.....»»
Capitol turns over Ciudad Property to FLI
Capitol turns over Ciudad Property to FLI.....»»