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EDITORIAL — ‘Very rotten’
A process has long been in place for the approval of the national budget. Malacañang, through the Department of Budget and Management, submits its proposed national expenditure program to Congress, and both chambers deliberate on the NEP to come up with their respective versions of the budget bill......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
‘Imee budget realigning led to millions not receiving 4Ps’
Nearly 4.3 million poor Filipinos were deprived of cash aid under the government’s Pantawid Pamilyang Pilipino Program in 2023 after Sen. Imee Marcos realigned the 4Ps funding of P13 billion in the national budget to another social amelioration program, a member of the House of Representatives said yesterday......»»
2nd LD Writethru: Philippine Senate President Zubiri steps down
MANILA, May 20 (Xinhua) -- Philippine Senate President Juan Miguel Zubiri Monday confirmed that he is stepping down. Senator Juan Edgardo Angara told reporters that 15 out of 24 senators voted to oust Zubiri from the post. "My heart is broken," Zubiri said in a speech at the plenary session. "Today I offer my resignation as Senate president of the Republic of the Philippines," he added. "I did my b.....»»
Basic Energy’s chairman steps down due to health concerns
Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»
Basic Energy’s chairman steps down due to health concerns
Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»
PSALM expects P100 billion from CBK privatization
The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»
Kilalang personalidad may pinautang na P100-M, gusto ‘cash’ kapag ibabalik?
“NO!” ang sagot ng kilalang personalidad sa taong may malaking pagkakautang sa kanya na mahigit P100 milyon. Ayon sa aming source, ang pag-aaring magandang resort ang ibinabayad ng taong may malaking pagkakautang sa kilalang personalidad pero tumanggi ang huli dahil ang gusto niya ay cash o liquid ang ibayad. Nabanggit pa na hindi lang naman.....»»
‘The P100 plus per day minimum wage rate?’
The big issue on labor policies in the country today is the plan to enact a law to increase the existing minimum wage by P100 per day......»»
Biz groups against P100 salary hike
Biz groups against P100 salary hike.....»»
Labor groups cheer Senate’s approval of P100 wage hike bill
Labor groups cheer Senate’s approval of P100 wage hike bill.....»»
Senate OKs P100 wage hike bill on final reading
The P100 minimum wage hike for private sector workers has been approved on third and final reading by the Senate, with 20 affirmative votes and no negative votes or abstentions......»»
‘Informal workers to benefit from P100 wage hike’
Contrary to an employers’ group’s claim, informal workers would also benefit from the proposed P100 legislated wage increase, according to labor group Partido ng Manggagawa......»»
Senators defend P100 wage hike
Senators yesterday defended their legislated salary increase recently passed on second reading, following a comment from an Employers Confederation of the Philippines (ECOP) official who called the P100 wage hike a “catastrophe.”.....»»
PCCI: P100 wage hike to hurt SMEs
The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»
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......»»
Business groups oppose P100 wage hike
Business groups oppose P100 wage hike.....»»
Senate OKs on second reading P100 wage hike
The Senate approved on second reading yesterday a bill seeking a P100 daily minimum wage increase for private sector workers – a Valentine’s gift to minimum wage earners......»»