Meralco sets aside P100 billion for sustainability program
Manila Electric Co. has set aside significant capital through 2030 for programs under its long-term sustainability strategy......»»
Prime invests in future sustainability leaders with scholarship program
SM Prime Holdings Inc. (SM Prime) has launched a scholarship program in partnership with the University of the Philippines Los Baños (UPLB). Aptly called the “SM Sustainability Scholarship,” the initiative reflects SM Prime's commitment to both educational access and sustainability stewardship......»»
Sustainability is good business – Ikea Philippines
Ikano Retail, franchisee of Swedish label Ikea in the Philippines, recently released an overview of its sustainability direction and a report card on its performance toward 2025 sustainability targets – ranging from sustainable product sales in their stores and gender balance in the workplaces to a full accounting of its carbon emissions. .....»»
Meralco, McDonald’s Philippines partner for sustainability
Power utility giant Manila Electric Co. and McDonald’s Philippines continue to strengthen their partnership to support the implementation of the fast-food giant’s sustainability practices......»»
Meralco units join forces for sustainability initiatives
Manila Electric Co. local retail electricity supplier MPower and social development arm One Meralco Foundation have joined forces for programs that seek to build a sustainable future for the country......»»
Powering a greener future together: Meralco partners with McDonald’s on sustainability efforts
Meralco, the largest power distributor equipped with expertise in green initiatives, joined forces with McDonald’s to power the implementation of eco-friendly practices within its restaurant operations......»»
SSS targets 20% profit hike to P100 billion
State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»
BDO to raise P5 billion via sustainability bonds
BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»
One Meralco plants 125,000 mangroves on World Wetlands Day
One Meralco Foundation the social development arm of the Manila Electric Co. (Meralco), celebrates this year’s World Wetlands Day by planting and nurturing 125,000 native mangroves in Del Carmen in Siargao Islands, Surigao del Norte......»»
Marcos to Pinoys on Eid’l Fitr: Set aside differences
As he joined the Muslim community in the celebration of Eid’l Fitr yesterday, President Marcos called on Filipinos to set aside their differences and work together to attain the shared aspiration of a more progressive Philippines......»»
‘P7 billion senior high vouchers went to non-poor’
Aside from around 19,000 “ghosts” or undocumented students receiving government assistance, more than P7 billion was spent on non-poor beneficiaries of the senior high school voucher program (SHS-VP), according to Sen. Sherwin Gatchalian......»»
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......»»
BDO funds 28 green projects from P52.7 billion bond proceeds
Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»
DSWD-Davao raises child feeding budget to P21
The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»
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.....»»
Leyte sets aside P20-M for Covid-19 vaccines
ACQUIRING VACCINES. Leyte Governor Leopoldo Dominico Petilla is shown during a meeting on Dec. 11, 2020. The provincial government of Leyte has initially allocated PHP20 million for the procurement of Covid-19 vaccines once it is available in the market, Petilla said on Monday (Dec. 21, 2020). (Photo courtesy of the Leyte provincial government) TACLOBAN CITY […].....»»
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’ 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......»»
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......»»
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......»»