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Institutionalize space allocation for ICT infrastructure in development projects – think tank
Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»
Think tank: No change in BSP rates
The Bangko Sentral ng Pilipinas is likely to keep key rates steady at its policy meeting on Thursday, according to UK-based think tank Pantheon Macroeconomics......»»
Think tank sees likelihood of BSP rate cuts starting Q2
The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»
Workers buck wage hike in installments
Stressing the need for a one-time significant wage increase to effectively stimulate the local economy, labor group Federation of Free Workers has rejected the proposal by some legislators and the business sector for an installment-based legislated wage increase......»»
Labor groups cheer Senate’s approval of P100 wage hike bill
Labor groups cheer Senate’s approval of P100 wage hike bill.....»»
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.....»»
Are Filipinos conscious?
There is a difference between raising awareness and raising consciousness and perhaps, little did any of us know that awareness cannot exist without consciousness. Confusing? I’d think so, even for me at times......»»
Moody’s: Philippines highly exposed to food security risks
Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Solo parents deserve bigger cash subsidy – Rep. Chan
LAPU-LAPU CITY, Cebu – Solo parents, who are receiving minimum and below minimum wage, deserve more than the P1, 000 cash subsidy that is provided for in the Expanded Solo Parents Welfare Act. This was according to Lapu-Lapu City Lone District Representative Cindi King-Chan. Chan, who delivered a privilege speech during the “All Women Legislators.....»»
MUP pensions, Maharlika Fund pose risks to PH economy, says new study
Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»
RTWPB 7 to hold public hearing for Kasambahay wage hike
CEBU CITY, Philippines — The Regional Tripartite Wages and Productivity Board (RTWPB)-7 will hold a public hearing on April 7 for the increase of the minimum wage for “Kasambahay” or housemaids. The public hearing will be held at the Grub Hub Food Park, Belmont One, Barangay Upper Calajoan in Minglanilla town. The activity will start.....»»
Concepcion: Creating jobs more sustainable than legislated wage hike
A skilled workforce and a vibrant economy that creates jobs are a more sustainable approach to attaining higher wages instead of immediately increasing the minimum wage, according to entrepreneurship advocacy group Go Negosyo......»»
Prioritizing job creation over wage hikes urged
Creating more jobs is a better way to improve lives than the proposed P350 minimum wage increase by the House of Representatives, according to Go Negosyo founder and Private Sector Advisory Council Jobs Lead Joey Concepcion. .....»»
House eyes bigger wage hike of up to P350 a day
MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»
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......»»
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 buck legislated P100 wage hike
A Senate bill seeking a P100 increase in the daily minimum wage for private sector workers nationwide is facing opposition from employers who say this will hurt micro and small businesses and dampen investors’ appetite......»»
BARMM workers to get P20 pay hike
Minimum wage earners in the Bangsamoro Autonomous Region in Muslim Mindanao are getting a wage increase......»»
Wage hike seen for Davao workers
Minimum wage earners in Davao region may get an increase in their home pay after the Regional Tripartite Wages and Productivity Board set a hearing on possible salary adjustments for local workers......»»