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Workers seek Church help on wage hike
The Federation of Free Workers (FFW) is seeking the intervention of the Catholic Church for immediate passage of the pending P150 legislated nationwide wage hike......»»
DBP bucks merger, cites need for law
The Development Bank of the Philippines has filed an appeal with the Office of the President to reconsider the proposed merger with the Land Bank of the Philippines or LandBank as the former insists it must be first approved by Congress as required by law. This is a response to statements by Alex Quiroz, chairperson of the Governance Commission for Government-Owned or Controlled Corporations last Monday, who said President Ferdinand Marcos Jr. can approve the proposed merger without a new law from Congress. However, in a DBP statement, the bank argued Republic Act 10149 limits the commission to the “evaluation of performance and determination of the relevance of GOCCs and implementation of mergers.” The law says the commission may “recommend to the president the merger of GOCCs and implement the merger unless otherwise directed by the president.” Best interest of the State These should be done only after the commission determined the merger will be in the best interest of the State. The law adds the commission must consult with the relevant government agencies and stakeholders before adopting an ownership and operations manual and the government-corporate standards governing GOCCs. In its statement, DBP said the merger’s proponent, Department of Finance Secretary Benjamin Diokno must yet present compelling and detailed arguments that the DBP and the LandBank cannot perform its duties separately and contribute to national development on their own. Diokno said that the President had agreed to the proposed merger in a Cabinet meeting last month as the finance chief said it will remove redundancies in the operations of the two banks and because of the need of DBP for recapitalization of up to P100 billion and capital infusion from the national government. He added the merger will improve the weaknesses of both banks. Will complicate processes However, the DBP said the merger will complicate banking processes and goals as DBP mechanisms are specifically designed to serve stakeholders in the infrastructure industry. “DBP is to develop industry; Land Bank, agriculture. Yet, there is no showing of any redundancy and how the proposed merger would effectively address the alleged ‘inefficiencies.” DBP added that the talks and steps for the proposed merger will divert the bank’s focus and energy toward helping boost relevant industries amid the challenging economic environment. “We will explore all options and available remedies to strongly articulate our position that the merger is unwarranted and ill-timed given the existing socio-economic milieu that necessitates a responsive and progressive development financing institution such as DBP.” The post DBP bucks merger, cites need for law appeared first on Daily Tribune......»»
Sugar regulator chief quits
Agri group bucks sale of smuggled sugar Administrator David John Thaddeus Alba of the Sugar Regulatory Administration has resigned amid the controversial importation of 440,000 metric tons of sugar......»»
GAB chief bucks escalation of NCR alert system to Level 2
MANILA - Games and Amusements Board (GAB) chairman Baham Mitra said he does not prefer putting Metro Manila back under Alert Level 2 despite an uptick in coronavirus disease 2019 (Covid-19) cases in the province.Mitra, the former Palawan governor, said bringing back some stringent Covid-19 measures in Metro Manila could drastically stop the momentum of seeing pro.....»»
Pentagon chief reaffirms support after latest China aggression in WPS
Austin emphasized US support for the Philippines in defending its sovereign rights and jurisdiction in a phone call with Defense Secretary Gilberto Teodoro on Wednesday. .....»»
New DCPO chief pledges technology-driven approach
THE new director of the Davao City Police Office (DCPO) underscored the utilization of technology to streamline their operations......»»
Victims of Baltimore bridge collapse include those from Mexico, Guatemala
Maryland [US], March 27 (ANI): Among those reported missing following the collapse of the Francis Scott Key Bridge in Baltimore in the US are Mexican nationals, CNN reported, citing Rafael Laveaga, Chief of the Consular Section of Mexico's Embassy in Washington. Laveaga refrained from specifying the exact number of missing Mexican nationals when he addressed reporters near the scene on Tuesday. A reporter asked Laveaga: ".....»»
Ministry helping improve BARMM’s business climate names 10 new officials
The Bangsamoro chief minister has filled out ten regional positions in one of the ministries under him to boost its operation as requested by business blocs enticing foreign investors to venture into viable businesses in the region......»»
Russian Spy Chief Makes Bizarre Claim of US, UK, and Ukraine Involvement in Moscow Attack
In a recent development, the director of Russia’s Federal Security Service (FSB) has made startling accusations against Ukraine, the US, and the UK, claiming they.....»»
New DCPO chief to focus on personnel morale, asset optimization
THE Davao City Police Office (DCPO) bid farewell to PCol. Alberto Lupaz and welcomed its new City Director, PCol. Richard Bad-ang, in a turn-over ceremony at the Camp Captain Domingo E. Leonor on March 22......»»
Philippines declares 'strategic defeat' of NPA rebels
MANILA, March 26 (Xinhua) -- The Philippines declared on Tuesday a "strategic defeat" of the New People's Army (NPA) rebels, who have been fighting against the government since the 1960s, saying there is no more active guerilla fronts in the country. Eduardo Ano, National Security Adviser and former chief of staff of the Armed Forces of the Philippines, said "thousands" of NPA insurgents have decided to return t.....»»
Missing man found dead in Barangay Bonbon
CEBU CITY, Philippines — A 50-year-old man who had been missing for two weeks was found dead in Sitio Golivas, Barangay Bonbon, Cebu City. The victim was identified as Adriano Fuentes Durano, a resident of Kiniasan, Barangay Bonbon, Cebu City. Police Major Philip John Libres, chief of Malubog Police Community Precinct, stated that on Tuesday.....»»
17 killed as truck loaded with sand collides with passenger van
COTABATO CITY (MindaNews /25 March) – Seventeen persons were killed when a truck loaded with sand collided with a passenger van in Antipas, North Cotabato Monday noon. Captain Godofredo Tupas, Chief of Police of Antipas town said the collision happened along a curve at the boundary of Barangay Greenhills and Lohong at 12:48 p.m. The van […].....»»
Philippines declares 'strategic defeat' of NPA rebels
MANILA, March 26 (Xinhua) -- The Philippines declared on Tuesday a "strategic defeat" of the New People's Army (NPA) rebels, who have been fighting against the government since the 1960s, saying there is no more active guerilla fronts in the country. Eduardo Ano, National Security Adviser and former chief of staff of the Armed Forces of the Philippines, said "thousands" of NPA insurgents have decided to return t.....»»
Village chief rewardscouple for missing girl recovery
Village chief rewardscouple for missing girl recovery.....»»
SC allows UN expert to act as friend of the court in Maria Ressa s cyber libel plea
Irene Khan, United Nations (UN) Special Rapporteur for freedom of expression and opinion, has been allowed by the Supreme Court (SC) to sit as an "amicus curiae" to the court in the appeal for the cyber libel case of Rappler.com chief executive officer Maria Ressa and former researcher Reynaldo Santos......»»
Warning ng PAGASA ngayong Holy Week: ‘Mag-ingat dahil mas magiging mainit’
ILANG araw nalang, Holy Week na! For sure, marami sa inyo ang may lakad at bakasyon upang sulitin ang ilang araw na walang pasok. Dahil diyan, may paalala ang Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), lalo na’t idineklara na ang panahon ng tag-init. Sinabi ni PAGASA chief Dr. Nathaniel Servando, magiging mas mainit.....»»
Big-time oil price hike amid Holy week exodus
Big-time oil price hike amid Holy week exodus.....»»
SamPan: Making her mark
Samantha Panlilio, eldest daughter of Jose Marcel “Jocel” Panlilio, is embarking on an ambitious career path to revitalize and expand the family’s real estate investments as chief operations officer of both the family’s publicly listed Boulevard Holdings Inc. and Puerto Azul Land Inc., even as she sets a parallel course to build her own beauty line, photography studio, and a furniture business under the brand “House of Marrakesh.”.....»»
Daily Gospel, March 24
This is the Daily Gospel for today, March 24, 2024, which is Passion (Palm) Sunday. READ MORE: Daily Gospel, March 23 Daily Gospel, March 22 Holy Gospel of Jesus Christ according to Saint Mark 14, 1-72.15,1-47. The Passover and the Feast of Unleavened Bread were to take place in two days’ time. So the chief.....»»