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ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
DOLE-Davao vows to strictly monitor compliance of employers with new wage order
DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»
Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis
Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis.....»»
Enhancing PH-New Zealand Economic Relations thru increased investments, partnerships
Enhancing PH-New Zealand Economic Relations thru increased investments, partnerships.....»»
PSBank marks 2 decades of empowering children thru longstanding partnerships
PSBank marks 2 decades of empowering children thru longstanding partnerships.....»»
Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack
Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Wage determination should be region-specific: Dole-Davao
AN OFFICIAL from the Department of Labor and Employment-Davao Region (Dole-Davao) said that the determination of wages should be region-specific, taking into consideration socio-economic conditions, purchasing power, and poverty thresholds......»»
DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill
DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»
Dole-Davao last to adopt minimum wage adjustment
AN OFFICIAL from the Department of Labor and Employment-Davao Region (Dole-Davao) said the region was the last in the Philippines to implement the minimum wage adjustment......»»
Dole nagpahimangno sa peke nga Tupad
Dole nagpahimangno sa peke nga Tupad.....»»
FACT CHECK: TUPAD job posts offering P800 daily salary are fake – DOLE
The DOLE Information and Publication Service Office says that these Facebook posts are spreading disinformation about the department’s TUPAD program.....»»
DOH, DOLE deny any hand in Cha-cha signature drive
MANILA, Philippines — Representatives of the Department of Health (DOH) and the Department of Labor and Employment (DOLE) denied that their agencies are involved in the controversial signature campaign to amend the 1987 Constitution. The clarification came after Senator Imee Marcos brought up, during the Senate’s Tuesday hearing, that DOH’s Medical Assistance for Indigent Patients.....»»
Boost for Local Agriculture: DOLE Turns Over Food Processing Machinery to Himamaylan Farmers
Boost for Local Agriculture: DOLE Turns Over Food Processing Machinery to Himamaylan Farmers.....»»
DOLE to provide support to enterprises, workers
DOLE to provide support to enterprises, workers.....»»
DOLE mandates hotels, restaurants: Give service charges to workers in full
CEBU CITY, Philippines – The Department of Labor and Employment (DOLE) has mandated that hotels, restaurants, and similar businesses must give their employees the full amount of collected service charges. Labor Secretary Bienvenido Laguesma signed February 1, 2024 Department Order No. 242, titled “Revised Implementing Rules and Regulation of Article 96 of the Labor Code.....»»
DOLE releases P4.7-M aid to TUPAD beneficiaries in Dumaguete
DOLE releases P4.7-M aid to TUPAD beneficiaries in Dumaguete.....»»
DOLE gives livelihood aid to Godod farmers
DOLE gives livelihood aid to Godod farmers.....»»
DOLE to protect ‘kasambahays’
DOLE to protect ‘kasambahays’.....»»
PLDT proposes $3 million settlement in US budget mess suit
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»