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SSS Surpass 2023 Revenue Target by 9.5%
The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»
Charter change could bring back dictatorship, intensify rights abuses — survivor
For Medy De Jesus, 74, a martial law survivor and member of human rights group Hustisya, the impending charter change could bring back another dictatorship and more human rights violations. The post Charter change could bring back dictatorship, intensify rights abuses — survivor appeared first on Bulatlat......»»
Charter change could worsen destructive mining impact
By DOMINIC GUTOMAN AND ZYSA MEI ELLORAN Bulatlat.com MANILA – For environmental defenders, the government’s push for charter change (cha-cha) could worsen the already dire impacts of destructive mining corporations on vulnerable communities. The Kalipunan ng Katutubong Mamamayan ng Pilipinas (Katribu) and Youth Advocates for Climate Action Philippines (YACAP) held a protest in front of… The post Charter change could worsen destructive mining impact appeared first on Bulatlat......»»
FPRRD opposes disguised Charter change initiative
Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»
87th Charter Day: Commemorating Cebu City’s founding anniversary
CEBU CITY, Philippines — This coming February 24, 2024 marks the 87th Charter Day of the City of Cebu. It was in 1937 that the city received its charter after Cebu City Mayor Michael Rama’s grandfather and legislator, Vicente Rama, authored a bill that led to its cityhood. Cebu City Charter Day overview To trace.....»»
Hontiveros hopes for fair consideration of divorce bill in Senate
MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
Charter change could mean more US troops in the PHL – Fil-Am activists
By JANESS ANN J. ELLAOBulatlat.com NEW YORK — Filipino-American activists here denounced ongoing attempts to change the Philippine Constitution as this may result in increased US military presence in the Philippines and worsen the geopolitical tension in the West Philippine Sea. In an interview with Bulatlat, Michelle Thiele of Gabriela-New York stressed that for US… The post Charter change could mean more US troops in the PHL – Fil-Am activists appeared first on Bulatlat......»»
Calinan District residents protest vs disguised Cha-cha
Residents from the 19 barangays in Calinan District rallied against the disguised People's Initiative for Charter Change in a protest held on January 19, 2024. Organized by the barangay captains, around 100 individuals from each barangay gathered at Rizal Park, chanting Dabawenyos are not for sale and expressing their disapproval of the alleged cash-for-signature scheme. The protest emphasized the residents' desire for fairness and a better government approach, rejecting the notion of exchanging signatures for money. Participants, including both young and old residents, voiced their opposition to the charter change, with the youth expressing concerns about power-hungry officials. Even 75-year-old Rosminda Amarilla joined the protest to question the need for change after numerous presidents have governed without such alterations. The rally, which included a motorcade and drew approximately 300 participants, received disapproval from Congressman Paolo Pulong Z. Duterte and Congressman Isidro Ungab, who alleged that the signature campaign was orchestrated by leaders of the Pwersa ng Bayaning Atleta (PBA) Partylist. As of the latest update, PBA Representative Margarita Atty. Migs Nograles has yet to release a statement on the matter......»»
SSS softens approach vs. delinquents
SSS softens approach vs. delinquents.....»»
Village officials to be enrolled with SSS
Village officials to be enrolled with SSS.....»»
SSS pushed P300 million into REITs in Q4
Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»
Teachers urge Congress: Fund classrooms, not Charter plebiscite
he Alliance of Concerned Teachers on Thursday called on the House of Representatives to reallocate the budget earmarked for the proposed Charter change plebiscite toward constructing more classrooms amid the learning crisis......»»
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 […].....»»
Tax break for 2-wheeled EVs gains ground in Congress
Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»
Charter Day, Prayer Rally: Cebu City police on full alert
CEBU CITY, Philippines – The Cebu City Police Office (CCPO) is now on full alert status for the Charter Day celebration and Anti-Charter Change Prayer Rally this weekend, February 24-25, 2024. Police Lieutenant Colonel Janette Rafter, CCPO spokesperson, relayed that the full alert status has been enforced starting Friday morning, February 23. According to Rafter,.....»»
House passes RBH No. 7 on economic Charter change
House passes RBH No. 7 on economic Charter change.....»»
Why 4 lawmakers voted against RBH7, the economic charter change proposal
House lawmakers, convening as a committee of the whole, adopts the proposal on economic charter change just two weeks after deliberations started at the committee level.....»»
Ex-president Duterte now supports Charter change
Ex-president Duterte now supports Charter change.....»»