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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......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

‘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......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Biz groups against P100 salary hike

Biz groups against P100 salary hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

Labor groups cheer Senate’s approval of P100 wage hike bill

Labor groups cheer Senate’s approval of P100 wage hike bill.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

‘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......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

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.”.....»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Business groups oppose P100 wage hike

Business groups oppose P100 wage hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Labor group defends proposed P100 daily minimum wage increase

Labor group defends proposed P100 daily minimum wage increase.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

P100-M illegal drugs seized in 3 days in Central Visayas

P100-M illegal drugs seized in 3 days in Central Visayas.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Road-clearing ops to ensure emergency road accessibility

THE City Government of Davao carried out a road-clearing operation on February 16, 2023, at Barangay 31-D to ensure emergency road accessibility......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024