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Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
Senate eyes OK of P100 minimum wage hike
Senators are hoping to approve this week the proposed P100 increase for minimum wage earners as a Valentine’s gift to Filipino workers, Sen. Nancy Binay said yesterday......»»
Congress dancing two-step Cha-cha
Representatives are dancing Cha-cha in two steps. Senators refuse to swing along. Given the high stakes, a ballroom brawl is likely. Here’s why:.....»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Senate probes Filipino citizenship for sale scam
Senators expressed alarm yesterday over a possible crime ring in local civil registrars that has allowed foreign citizens to fraudulently apply for live birth certificates......»»
While hiding from Congress, Quiboloy hurls conspiracies on social media
Senators want Quiboloy to face accusations that he abused members of his church. His response? Post an audio recording on social media claiming there is a Marcos-approved plot to kill him......»»
Such an obvious trap
While watching a press conference in Congress inviting senators to debate over AI or the artificial initiative falsely referred to as PI or people’s initiative, my immediate reaction was: It’s a trap! Then I remembered a verse in the Bible that accurately sums up the situation......»»
House balks at ‘absurd’ Senate allegations about cash aid program
House Senior Deputy Speaker Aurelio Gonzales has also insisted that senators approved the Ayuda sa Kapos ang Kita Program during the budget legislation process, calling their line of questioning about its “sudden” appearance in the 2024 budget “absurd.”.....»»
House and Senate at an ‘impasse’ after senators take exception with loyalty pledge
Gonzales said on Tuesday that the House “(does) not want a word war” and had sought to “temper” the anger of lawmakers by way of a House resolution expressing their collective stance......»»
Speaker: House has zero participation in PI
The House of Representatives has zero participation in the people’s initiative to change the Constitution, Speaker Martin Romualdez said yesterday, addressing Senate Minority Leader Aquilino Pimentel III, adding that some senators may just be “seeing ghosts” in voicing their apprehension......»»
Strident
On second reading, the “manifesto” signed by all 24 senators against the ongoing people’s initiative for Charter change was unduly strident. Because of that, it threatens to put the chamber on collision course with the House of Representatives......»»
Senators buck exclusive motorcycle lane on EDSA
Data-driven solutions to address traffic congestion are needed, senators said yesterday as they opposed the proposed exclusive lane for motorcycles along EDSA......»»
Escudero apologizes for EDSA bus lane use, admits ‘abuse of protocol’
Sen. Francis "Chiz" Escudero apologized after his vehicle, equipped with a protocol plate for senators, was caught using the EDSA busway......»»
Death knell
Members of the House of Representatives were hoping for a dialogue with senators on Charter change while Congress is not in session, during the long break starting before Palm Sunday......»»
Zubiri to lead Senate delegation in Geneva IPU assembly
Five senators will go to the 148th Inter-Parliamentary Union assembly next week in Geneva, Switzerland......»»
Ex-President Duterte to back ChaCha if revisions limited only to economic provisions
DAVAO CITY (MindaNews / 28 February) – Former President Rodrigo R. Duterte has changed his stance on Charter Change (ChaCha), saying he will support it for as long as the constitutional reforms will be limited to economic provisions and not to extend the term of the current President, Senators, and members of the House of […].....»»
Australian senators protest vs Marcos | The wRap
The wRap highlights: Marcos in Australia, Lorraine Badoy, SB19's Justin.....»»
‘Filipino senators’ famous quotes’
A nation of sheep can never be great. – Jovito Salonga.....»»
Senators claim P26.7 billion from DSWD budget used in Cha-Cha drive | The wRap
The wRap highlights: Charter change, Senate-House rift, Apo Whang-Od.....»»
DSWD duty-bound to implement GAA provisions faithfully – DSWD exec
The Department of Social Welfare and Development (DSWD) on Tuesday (February 13) welcomed questions by senators on the Ayuda sa Kapos ang Kita Program or AKAP which is funded under the General Appropriations Act (GAA) of 2024. DSWD Undersecretary for Legislative Affairs Fatima Aliah Dimaporo said the agency respects the power of the purse by […].....»»