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Employers’ group asks President Marcos: Veto P100 wage hike law
President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»
House not keen on backing Senate’s wage hike
Officials of the House of Representatives are not keen on supporting the Senate-approved P100 legislated wage hike, citing reasons such as the capacity of employers to implement the measure......»»
Business groups oppose P100 wage hike
Business groups oppose P100 wage hike.....»»
10% hike in registered voters expected in Central Visayas
10% hike in registered voters expected in Central Visayas.....»»
5th oil price hike set February 6
Oil firms will implement an oil price hike for the fifth straight week......»»
MRF in Binaliw landfill to hike fuel production
MRF in Binaliw landfill to hike fuel production.....»»
Labor groups rally against Charter change, call for wage hike instead
MANILA, Philippines — Labor groups are joining the opposition against Charter change (Cha-cha), with one group urging lawmakers to prioritize passing a law for a P150 wage hike for private sector workers. The Federation of Free Workers (FFW) vice president Jun Mendoza Ramirez in a statement on Sunday emphasized the need to concentrate on the immediate.....»»
Marcos Jr. studying suspension of hike in PhilHealth rates premium hike
President Marcos is studying a proposal to suspend the implementation of the five percent increase in premium rates of the Philippine Health Insurance Corp.this year, Malacañang said yesterday......»»
Unless stopped by Palace, PhilHealth premium hike proceeds
The Philippine Health Insurance Corp. has started implementing the increase in premium contributions this month, in the absence of an order from Malacañang stopping the hike......»»
Moody’s, Fitch research arms see rate cuts in 2nd half
The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
Government raises P30 billion from T-bond sale
The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»
Peso weakness could prompt rate hike anew – IMF
Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»
MPTC prefers term extension over toll hike
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»
Government decision on PhilHealth premium hike out soon
The government will come out with a decision on whether or not to push through with the Philippine Health Insurance Corp. premium contribution rate increase “very soon,” President Marcos said yesterday......»»
House panel to start deliberations on wage hike tomorrow
The House committee on labor and employment will start tomorrow deliberations on various bills proposing wage adjustments amid the high inflation rate in the country......»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Power rates to rise in February — Meralco
With the latest power rate hike, P115 will be the increase in the total electricity bill of a customer consuming 200 kilowatt-hour......»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
Falcons Morris supports Cousins – No QB controversy with Penix
The Atlanta Falcons shocked fans and analysts alike in the first round of the NFL draft by selecting quarterback Michael Penix Jr. with the No......»»