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Jeepney drivers, workers ‘more miserable under Marcos Jr’
Jeepney drivers and operators group Piston said that those who refuse to join the unjust public transport modernization program are being "designated as illegal, or colorum, by the very same government entrusted to safeguard the rights of the working class." The post Jeepney drivers, workers ‘more miserable under Marcos Jr’ appeared first on Bulatlat......»»
TESDA courses as alternative for unconsolidated PUV drivers? Jeepney drivers weigh in
Unconsolidated jeepney drivers and operators are now at risk of losing their source of income if the Supreme Court does not issue a temporary restraining order on the memorandum circulars of the Department of Transportation and the Land Transportation Franchising and Regulatory Board, which would enable the implementation of the consolidation deadline......»»
Tulfo’s bill seeks to impose stricter penalties for drunk drivers
MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»
Government to limit debt as new taxes hang
With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»
Largest Strike Yet by Lyft and Uber Drivers: A Brief Explanatio
Title: Ride-Hailing Drivers Stage Massive Strike Demanding Fair Pay and Better Protections On Wednesday, ride-hailing giants Lyft, Uber, and DoorDash experienced one of the largest.....»»
Metrobank eyes return to offshore debt market
Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»
145 dating IBC-13 worker nasungkit retirement pay
Nakuha na rin ng 145 dating empleyado ng Intercontinental Broadcasting Corporation (IBC-13) ang kanilang retirement pay makalipas ang higit dalawang dekada. The post 145 dating IBC-13 worker nasungkit retirement pay first appeared on Abante......»»
I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare
Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»
Cab company apologizes over Davao City taxi incident
A REPRESENTATIVE from Siycha Transport Corp. (STC) publicly apologized to Senator Ronald "Bato" Dela Rosa for the actions of one of their drivers......»»
Philippines debt declines to P14.9 trillion in March
The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»
In Asia Pacific, rise in public debt is hurting women’s access to social services
Regular check ups, particularly those related to reproductive health, are not covered by the free services provided by village health centers, as per the Philippine law on universal health care. Fabella wishes that the government can allocate more funds for the basic services but this has not improved over the years. The post In Asia Pacific, rise in public debt is hurting women’s access to social services appeared first on Bulatlat......»»
Debt payment rises threefold in January
The government jacked up its debt service by more than threefold to P159 billion in January as payments for interest and amortization both increased......»»
E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery
By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»
Foreign debt reaches all-time high in 2023
The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»
Government debt payments rise to record P1.6 trillion
The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»
Gov’t debt stock rose to P14.79 trillion as of Jan
MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»
Debt balloons to P14.8 trillion
The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»
End-January Philippine debt balloons to P14.79 trillion — Treasury
The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»
Metrobank raises $1 billion on international debt market
Metrobank [MBT 62.00 ?1.5%] [link] revealed that it was able to sell twice the amount in medium-term notes on the international debt capital markets than it intended......»»
Sky-high debt a major factor in aborted cable TV merger
It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»