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Subway® Slashes Marketing Budget To Unleash the New Meat Stack sub

MANILA, October 9, 2020 – From October 5, 2020 to January 5, 2021, Subway® will be providing customers with a fully loaded Subway meat stack sub that’s worth your every peso! With layers of chicken strips, pepperoni, sliced chicken, and salami, the new Meat Stack sub is going to be the perfect choice for meat […] The post Subway® Slashes Marketing Budget To Unleash the New Meat Stack sub appeared first on Cebu Daily News......»»

Category: newsSource: inquirer inquirerOct 18th, 2020

Behind the Scenes: The Heroes of ABS-CBN Sports

While the general public sees or hears the finished product on-air or online, most do not witness or appreciate those who worked tirelessly behind the scenes at ABS-CBN Sports. There’s an African proverb that says it takes a village to raise a child. Well, it took almost exactly that to make ABS-CBN Sports work. As we commemorate National Heroes Day in the country on the final day of ABS-CBN Sports, it is only fitting to acknowledge and thank those behind-the-scenes heroes who have been part of the amazing journey (DISCLAIMER: I may have left out some names, but it is purely unintentional so my apologies). Thank you, first and foremost, to our Chairman Emeritus Gabby Lopez, whose passion and love for sports led to the initiative that is ABS-CBN Sports. Thank you to our former President and CEO, Charo Santos-Concio, our current President and CEO, Carlo Katigbak, a true tennis fan, and our Chairman Mark Lopez, who showed us composure, class and grace as leaders.  Thank you to our beloved COO, Cory Vidanes, who allowed ABS-CBN Sports to reach a broader audience when it aired special events on Channel 2 as well as feature athletes and sports personalities on entertainment programs.   Thank you to the voice of ABS-CBN and former ABS-CBN Sports head, Peter Musngi, for leading the division during its early years. Thank you to Narrowcast head, Antonio “March” Ventosa, as well as his executive assistant, Trina Magallanes, for helping us navigate during the transtition period of ABS-CBN Sports.   Thank you to the captain of our ship, ABS-CBN Integrated Sports head, Dino Laurena, who inspired us to work harder and better to serve our audience.  Thank you to Sir Dino’s gatekeeper, his executive assistant, Donna Seat, who was our bridge whenever we needed to reach out to the boss. Thank you to S+A channel head and production head, Vince Rodriguez, LIGA channel head, Jojo Neri-Estacio and Business Unit Head, Jun Martinez. They were our constant guides who enabled us to provide quality content on broadcast despite immense internal and external pressure.  Thank you to the people who made sure we never went beyond our budget and reached our targets – our Finance team made up of Berg Capiz, Jem Castro and Lorna Gendrano. Thank you to our S+A On-Air team of Rommel Noviza, Janice Rulloda, Princess Basye, Biboy Diga, Mark Marinay, Arnold Saclolo, Borge Raval and Hans Espiritu as well as our Liga Channel team of  Anna Santos, Francis Patawaran, Aprille Signo and Joramie Roque, for ensuring everything airs on time.  Thank you to our Digital Head, Mico Halili, for his innovative and fresh ideas on the digitial space.   Thank you to the men and women who made our broadcast coverage as close to flawless – our Production Manager, Jennifer Jimenez, our directors, which include THE Abet Ramos, Al Neri, Raul de Ocampo and Rommel Pedrealba, and our technical directors made up of Elmond Salvahan, Jhonnald Garcia, Marvin Chavez, Bingbong Pangan, Arnold Bulaong and Joseph Vega. Thank you to the men and women who made sure our partner properties were happy with our coverage, and that everything was in place for each and every game or show we put out there – our Executive and Associate Producers Vic Caridad, Malou Neri, Ada Bayuga, Diana Sayson, Oxy del Rosario, Mae Mañalac, Aries Galot, Apples Dela Vega, Kristina Manzana, Roy Briones, Ledz Cahinhinan, JC Gonzales, Gab Gonzales and Manny Gabutina.  Thank you to those who crafted and produced memorable segments – our segment producers Eva Evangelista, Carlo Grajo, Cha Lucero, Mark Morados, Jeff Sta. Maria, Jet Montebon, Sharon Muli, Alex Brocoy, Mika Barrios, Bill Barrinuevo and Volta delos Santos as well as our video editors Pido Cruz and Fonz Fajatin. Thank you to those who put the right words into play – our writers Monica Magpantay, Paul Loyola, Jigs Guardiano, Adrian Dy, Sheiden Dela Cruz, Ken Natividad, Syjin Reyes and Migs Gomez. Thank you to those who gave the right cues to our anchors, analysts and courtside reporters – our panel director Larry "Care Mo Naman" Deang, our floor directors Miky "Gandara" Mirabueno, Lyanne Ocampo-Tan and Fritz Dizon. Thank you to the people who made sure that the right moments were captured – our Camera Control Unit made up of George Austria, Joel Supremo and Edgar Guarte, our Cameramen Lloyd Villamor, Rovic Pacis, Gerald "Superman" Fermin, Ron Fermin, Ronald Mangcoy, Michael Pico, Emman Andes, Butch Pineda and Mark Nicolas. Thank you to those who made sure we heard the sounds and voices loud and clear – our audio engineers Elias Javier, Ramil Ciruano, Albert Agbay, Jancel Abobo as well as our audiomen Joseph Nicolas and Ameng Atienza. Thank you to the guys who allowed us to get another look at the action – our EVS/Slomo Operators Joejay Abarquez, Raymond Biojon and Dido Batallion and VTR men Christian Abarquez, Kenneth Abarquez and Oliver Sañez. Thank you to the people responsible for making things more visible on our screens –our Electrician/Lighting Directors Alvin Saavedra and Jorge Paraon and our lightman Calvin Liong. Thank you to those who create those cool graphics and effects that catch our attention during games and shows - our Graphic Artists/Operators Jam Memdoza, Denice Ylagan, Erol Corpuz, Sara Concepcion, Jeff Jugueta and Kevin Camero. Thank you to the team who put the little things in order – our set-up assistants Jerald Testor, Ivan Castillo, Ferdie Mangaong, Remus Taniengra, Daniel Dimaculangan, Eduardo Dacumos, Ryan Ancheta, Allan Porsioncula, Laurence Sosa, Illac Alvarez, Benjo Asiatico, Manny Cajayon, Lepoldo Bofill, Victor Taniegra, Caleb Bautista, Jeremiah Mallari and Bennett Cabus. Thank you to the guys who provided the correct statistics and graphics – our panel scorers/GFX feeders Rico Bayuga, Ronaldo Serrano, Arvin Estabillo and Gilbert Serrano. Thank you to those who made our on-cam talents look good – our makeup artists Mylyn Concepcion, Nina Concepcion, Estrella Besabe, Norma Calubaquib and Nizel Reduta and our stylist Lyle Foz. Thank you to those who were always ready to lend a helping hand – our production assistants, Lian Salango, Pau Hiwatig, Helen Trinidad, Riri Gayoma, Jade Asuncion and Lovely Dela Cruz. Thank you for the imagination and artistry of our Creative Communications Management (CCM) team composed of Elirose Borja, Jerome Clavio, Djoanna San Jose, Lara Mae Allardo, Robin Lorete, Cristy Linga, Christopher Eli Sabat, Archimedes Asis (the voice of S+A), Jan Dormyl Espinosa, Aila Onagan and Nyro Mendoza. They say that advertising is the lifeblood of media and that we wouldn’t be able to deliver high-quality content if not for advertisers brought in our by our Sports Sales team, so thank you to our Sports Sales Heads Jojo Garcia, Nicole Moro and Ken Ti, along with our account executives Tin Saw, Annalyn Herrera, Trina Vallarta, Joey Tang, Karlo Miguel, Paul Sembrana, Mike Tan, Ray Del Castillo, and Jason Gaffud. Thank you to those who constantly pitched ideas and presented to clients on our behalf, our Business Development Executive, Tonyo Silva, and our Sports Marketing team made up of Thirdy Aquino, Maui Tang, Jason Roberto, Danica Jose, Lala Cruz and Hanz Trajano. Thank you to the people who looked out for the wellfare and concerns of our division members – our Human Resources squad made up of Arvin Crisol, James Lee, Anika Gregorio and Donna Yabut. Social media has been a game changer and enabled people to relive key moments in sports events, so thank you to our social media team made up of Jon Rodriguez, Alvin Laqui, Danine Cruz, Aia del Mundo, Melvin Rodas, Clev Mayuga, Migs Flores and Lloydie Moreno. We would also like to give special thanks to our former bosses and colleagues who have moved on from this world, Rolly V. Cruz, Danilo A. Bernardo, George G. Padolina, Marco Franco, Gerald Gicana, Rhodora "Dhanda" Panganiban, Vernie Calimlim and Erwin Evangelista.  Lastly, I personally want to thank the website content team made up of sub-section editors Santino Honasan, Mark “Mr. Volleyball” Escarlote, Norman Benjamin Lee Riego (Yes, it has to be his complete name) and Paul Lintag, former sub-section editor Milan Ordonez, former writer Philip Matel, videographers Nigel Velasquez, Rocio Avelino and Steph Toben, photographers Arvin Lim, Richard Esguerra and Joshua Albelda, former NBA Philippines website managing editor Adrian Dy, contributing writers Anton Roxas, Marco Benitez, “Doc Volleyball” AJ Pareja, Migs Bustos, Mikee “Diliman Legend” Reyes and Ceej Tantengco. While our journey in telling these stories with ABS-CBN Sports will abruptly come to a halt, it has been an honor and a pleasure serving the Filipino sports fans worldwide. We may no longer be around as an organization, but the great athletes will keep playing and inspiring and the games will continue. And so, with a sense of immense gratitude, we say: Maraming Salamat Kapamilya! Hanggang sa muli! --- Lorenzo Z. Manguiat has been the Editor-in-Chief of sports.abs-cbn.com since 2014 and Sports News Desk Head since 2015. He started as game writer for ABS-CBN Sports in 2000 and served in various other capacities within ABS-CBN. He is among the thousands of employees who will be retrenched on August 31, 2020.  .....»»

Category: sportsSource:  abscbnRelated NewsAug 31st, 2020

Economic team slashes 2020 infra budget

The economic team has slashed the amount set aside to build infrastructure this year even as total expenditures on public goods and services were jacked up to better respond to the COVID-19 crisis. The latest projections of the Cabinet-level Development Budget Coordination Committee (DBCC) presented by Finance Secretary Carlos Dominguez III to the Senate on […] The post Economic team slashes 2020 infra budget appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMay 20th, 2020

Amway Philippines donates over P3 million to efforts against COVID-19

Amway Philippines pledges over P3 million in cash, products, and personal protective equipment (PPEs), as well as its marketing budget towards efforts to fight the pandemic......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2020

Tokyo Olympics say costs $12.6B; Audit report says much more

By Stephen Wade and Mari Yamaguchi, Associated Press TOKYO (AP) — Tokyo Olympic organizers said Friday they are spending 1.35 trillion Japanese yen — about $12.6 billion — to stage next year's games. Organizers said the expenditure is unchanged from a year ago, although robust sponsorship and ticket sales have generated a contingency fund of an extra $300 million. However, Japan's National Audit Board, in a 177-page report prepared for the national legislature, said next year's Olympics will cost much more than organizers say. The audit lists an added $9.7 billion (1.06 trillion yen) it says are Olympic-related costs that have not been included. In addition, the city of Tokyo has previously said it would spend another $7.4 billion (810 trillion yen) on Olympic-related projects. Tokyo Governor Yuriko Koike said at the time the spending was "for projects directly and indirectly related to the games.” She said this included building barrier-free facilities for Paralympic athletes, training programs for volunteers, and advertising and tourism plans. Organizers argue that many of these costs are not tied directly to the Olympics. The audit board, however, came up with similar findings a year ago. “As in the previous year, their report did not classify the cost of these items and activities based on their direct relevance to the games," Tokyo organizers said in a statement to the Associated Press. “It aggregated a wide range of projects that could be seen as contributing to the games, including those that were implemented without regard to the games." The respected Japanese financial newspaper Nikkei and the daily Asahi also calculated Olympic costs. They said spending was far above what organizers contend. They also placed overall spending at about 3 trillion yen, or about $28 billion. The audit board report urged more transparency. “In order to disclose information to the public and gain their understanding about operations that the government should shoulder, the government Olympic and Paralympic office should disclose more by grasping the overall picture of the operations and costs," the audit said. The only non-public money being spent to fund the Olympics is from the privately funded, $5.6 billion operating budget. Revenue for this budget comes from sponsorships, ticket sales, and marketing — and from a contribution from the International Olympic Committee. The rest is taxpayer money from the national government, the city of Tokyo, and other government bodies. When Tokyo was awarded the Olympics in 2013, the bid committee projected total costs would be $7.3 billion. Organizers also reported this week that demand in Japan for Olympic tickets is about 20 times over supply. This has led to criticism on social media by Japanese upset they cannot get tickets to an Olympics they are funding through their taxes. Tracking Olympic costs is always disputed amid arguments over what are — and what are not — Olympic expenditures. The IOC and local organizers usually claim a lower figure. In fact, the IOC has repeatedly emphasized how it has cut billions in Tokyo by having organizers use existing venues, or build temporary venues. The Tokyo Olympics open on July 24 and close Aug. 9. They are followed by the Paralympics on Aug. 25 through Sept. 6. The International Olympic Committee has been criticized for the rising costs of the Olympics, and the perception it forces host cities to build “white elephant”sports venues. In the last several years it has tried to re-brand itself, emphasizing the use of existing venues and giving host cities choices in how they organize. In a study on Olympic spending done in 2016 by the University of Oxford, author Bent Flyvbjerg explained the Olympics and cost overruns. “It’s the most amazing thing that the Olympic games are the only type of mega-project to always exceed their budget,” Flyvbjerg said in an interview. “We think it's because they always have to be on time. There's no way you can move the opening dates. ... So all you can do when problems begin — and problems always begin on projects of this size — it to throw more money at the project. And that's what you do at the Olympics.".....»»

Category: sportsSource:  abscbnRelated NewsDec 20th, 2019

Why setting aside budget for marketing strategy is important - The Manila Times

Why setting aside budget for marketing strategy is important The Manila Times AT any stage of a small to medium enterprise or SME's life at the planning stage, to pre-launch, start and after, it.....»»

Category: newsSource:  manilanewsRelated NewsSep 23rd, 2019

Smartphone giant OPPO renews three-year partnership with world-famous Football team FC Barcelona

World-leading smartphone brand OPPO recently announced its renewed three-year partnership with football team FC Barcelona. This furthers an already successful four-year alliance with the world-famous team, which is now the longest running partnership between a Chinese brand and a European football club. This new chapter was also commemorated by the release of a Limited Edition FC Barcelona Reno 10x Zoom Series handset.   Kicking off an exciting new chapter The renewed partnership will include in-stadium signage, training camps, workshops for fans, plus creative online and off-line fans engagement activities; kicking off an exciting new chapter in the OPPO- FC Barcelona story. “These elements aim to inspire Barca fans, strengthen the community by bringing them closer to the club and OPPO products, and drive our two sides’ shared values of passion, creativity, innovation, and perfection,” explained Derek Sun, OPPO Global Marketing Director.  Both organizations’ mutual philosophies have become even more apparent with this re-upped partnership. Just as FC Barcelona’s world-renowned passion for the “beautiful game” has effectively transformed football into an art; likewise, OPPO aims to create beauty in people’s lives, through cutting-edge devices that unleash users’ creativity. Both partners’ shared values extend to innovation and perfection, with OPPO setting up institutes across the world to advance the company’s tech innovation and research capabilities in 5G and AI, as well as the Barça Innovation Hub, that is exploring the use of new technologies on the football field.  Camp Nou is also set to become the first stadium in Europe with dedicated 5G coverage.  OPPO has been able to reach out to Barça’s more than 200 million fans across the world, making this a critical element of the company’s overseas branding strategy.   An already successful partnership When OPPO and FC Barcelona kickstarted their partnership in 2015, it marked the very first in-depth cooperation between a Chinese brand and a European football club.  OPPO places tremendous value in sports globally, becoming the first Asian sponsor of the Wimbledon Tennis Championships in the UK, the first Chinese sponsor of the French Tennis Open, Roland-Garros, while also backing the Indian national Cricket Team. These events serve as a communication bridge for OPPO, effectively bringing its young and innovative technology to sports fans worldwide.   Stunning new handset that combines technology with art Since the start of OPPO and FC Barcelona, it has gifted fans several limited edition smartphones. Under the slogan “The Smartphone of Champions”, OPPO released the FC Barcelona Edition of the R7 Plus in 2015. Following this initial success came a series of well-received limited edition handsets including the R9 (2016), F3 (2017) and R11 Plus (2017).     This 2019, stunning new Limited Edition FC Barcelona’s handset from OPPO celebrates the three-year partnership, highlighting to fans the fruitful relationship between the two. This commemorative edition of OPPO’s Reno 10x Zoom phone blends the team’s famous garnet and blue colors, creating a genuine work of art that is sure to resonate with Barça supporters globally.   Sporting the powerful features of the Reno 10x Zoom such as the camera with 60x zoom and Ultra Night Mode 2.0, panoramic screen, and VOOC 3.0, this limited edition smartphone offers something more special to fans.  Inspired by the club flags waving in Camp Nou, the phone’s exterior sports the club’s famous garnet and blue colors. This used an innovative, industry-first heat-press technique to create its unique gradient effect. Overlaying this are two Barça logos: a larger blurred logo, paying homage to the club’s glorious history, as well as a smaller gold team logo at the bottom, which represents the club’s present, as well as its bright future.  It also comes equipped with custom software, including exclusive wallpapers and icons such as footballs, garnet and blue kits, and more. Fans can also feel like Barca is with them wherever they go, thanks to its custom ringtones that sample the FC Barcelona anthem and stadium sounds.  The Limited Edition FC Barcelona OPPO Reno 10x Zoom with 8GB RAM and 256GB ROM will be available in select markets in Europe and Asia.  .....»»

Category: sportsSource:  abscbnRelated NewsJul 28th, 2019

S& P slashes Philippine growth projection further

S&P Global Ratings has again slashed its projection for Philippine economic growth this year, according to a report the debt watcher released on Wednesday, in the face of subdued state spending amid a four-month delay in enactment of the P3.662-trillion national budget and bigger-than-expected impact of the Sino-US trade dispute on electronics, which accounts for half of Philippine merchandise exports......»»

Category: newsSource:  bworldonlineRelated NewsJun 26th, 2019

‘Errata’ in 2021 budget should only correct typo errors, won t contain new items — Palace

The errata to the 2021 budget approved by the House of Representatives should only correct typographical errors and should not contain new items, Malacañang said Tuesday......»»

Category: newsSource:  philstarRelated News1 hr. 43 min. ago

Palace wants Bayanihan 2 funds released sooner

Malacañang Tuesday expressed hope that the Bayanihan 2 funds would be released sooner but maintained that the budget could still be used even after the law expires in December......»»

Category: newsSource:  philstarRelated News1 hr. 43 min. ago

Solon wants more funding for research efforts in Philippines

A senator on Tuesday renewed his call for additional funding to the country's research and development efforts at the time of the coronavirus pandemic, vowing to propose institutional amendments in the 2021 budget for the matter. .....»»

Category: newsSource:  philstarRelated News1 hr. 43 min. ago

Lacson kay Velasco: Magkakaalaman na sa zero ‘pork’ budget

Ipinagpalagay ng mga senador na walang iregularidad sa post approval amendment ng House of Representatives (HOR) sa 2021 General Appropriations Bill (GAB). The post Lacson kay Velasco: Magkakaalaman na sa zero ‘pork’ budget first appeared on Abante......»»

Category: newsSource:  abanteRelated News2 hr. 26 min. ago

Globe okays $300-m budget for launching of fiber network

Globe Telecom Inc. said Monday it is spending $300 million this year to aggressively roll out fiber-to-homes network nationwide......»»

Category: financeSource:  thestandardRelated News12 hr. 26 min. ago

Bishop, Makabayan solons oppose House-approved budget

Bishop Gerardo Alminaza of the Diocese San Carlos and co-chairperson of the Church People - Workers Solidarity said that the proposed 2021 national budget “does not guarantee adequate health care especially to the poorest of the poor and those severely affected by the COVID-19 pandemic.” The post Bishop, Makabayan solons oppose House-approved budget appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated News20 hr. 43 min. ago

House version of 2021 budget ready for Senate submission

"We don't want a reenactment of the 2018 budget. There is a huge penalty for that, and we need to fight the economic impact of the coronavirus pandemic," a lawmaker said. .....»»

Category: newsSource:  philstarRelated NewsOct 19th, 2020

Pag-amyenda sa 2021 budget ng Kamara ilegal – Sen. Kiko Pangilinan

Nangangamba si Senator Francis Pangilinan na maaring kuwestiyonin ang legalidad kapag inamyendahan pa sa Kamara ang inaprubahan ng proposed P4.5 trilllion 2021 national budget. Aniya ang pag-amyenda sa katuwiran na nagkamali sa pagsusulat o pag-imprenta ay taliwas sa proseso ng lehislatura. Sinabi nito kung may gagawin pagbabago ang mga kongresista maari naman itong ilahad sa […] The post Pag-amyenda sa 2021 budget ng Kamara ilegal – Sen. Kiko Pangilinan appeared first on Bandera......»»

Category: newsSource:  inquirerRelated NewsOct 19th, 2020

Rice farmers seek bigger financial aid

The one-time financial assistance that the Senate directed the Department of Agriculture (DA) to provide to rice farmers amid the declining prices of palay would not be enough, a group of rice farmers said. (MB file, Keith Bacongco) Federation of Free Farmers (FFF) National Manager Raul Montemayor said rice farmers have lost an average of P10,000 per hectare in the ongoing cropping season due to severely depressed palay prices.   This was his response to the joint resolution recently passed by the Senate Committees on Agriculture and Agrarian Reform, which ordered the DA to appropriate some P3 billion in tariffs from rice imports through the 2021 national budget for cash aid to rice farmers. Under the Rice Tariffication Law (RTL), which allowed unlimited rice importation in the Philippines, tariff collections in excess of P10 billion per year can be used for additional support to farmers, including cash transfers. FFF, however, noted that the proposed appropriation would only provide P5,000 per farmer if distributed to some 600,000 farmers tilling one hectare or less.   If the actual number of qualified farmers is raised to 1.1 million, the subsidy would only amount to about P2,700 per farmer. Either proposal will be unfair to equally affected rice farmers tilling larger areas, the farmers’ group said.   Instead, Montemayor said the government could keep palay prices stable by temporarily imposing safeguard duties or additional tariffs on imported rice. “The government allowed unlimited rice imports, resulting in low palay prices.  Now, it will spend P3 billion to partially offset farmers’ losses. If it had instead imposed additional duties on imports, palay prices would not have dropped too much, there would have been no need for cash aid to farmers, and the government might have even earned extra revenues from the safeguard duties,” said Montemayor. Under the Section 10 of RTL or Republic Act (RA) 11203, in order to protect the Philippine rice industry from sudden or extreme price fluctuations, a special safeguard duty on rice shall be imposed in accordance with Safeguard Measures Act.   R.A. 8800 or the Safeguard Measures Act, on the other hand, allows additional safeguard duties on top of regular tariffs in case an import surge is shown to be harmful to local farmers.   “Safeguard duties will not be inflationary as claimed by the DA, because they will be applied only when there is already a proven oversupply in the market.  They can be removed once the situation stabilizes,” said Montemayor. Agriculture Secretary William Dar is not keen on slapping additional tariff on rice imports, and has repeatedly appealed for public understanding about the “short-term” effects of RTL to palay prices. However, he promised to look for other solutions to the plea of the farmers like asking the National Food Authority (NFA), which buys palay at P19 per kilogram (/kg) to boost the government’s buffer stock, to intensify its palay procurement.   Instead of cash aid, the FFF proposed that existing funds from the Rice Competitiveness Enhancement Fund (RCEF) and extra tariff collections be re-focused to address current problems of farmers.   It noted that half of farmers receiving free seeds under the RCEF had already been using certified seeds in the past, and that many were seeking other types of support that were not available under RCEF.   Numerous farmers have also questioned the DA’s promotion of seed varieties like NSIC Rc222, which is of poor quality and are being shunned by traders. “Also, the P5 billion annual fund for mechanization is not moving well, and it might be more practical at this time to preserve job opportunities for farm laborers instead of displacing them with machines,” Montemayor said.   “Moreover, the P1 billion budget for extension and training could be realigned, considering that farmers cannot attend training activities due to COVID-related restrictions. The P1 billion for credit could be better used for interest rate subsidies or loan guarantee programs, instead of direct loans which will benefit only 20,000 farmers,” he added......»»

Category: lifestyleSource:  abscbnRelated NewsOct 19th, 2020

DOLE: Distressed businesses may avail of bank loans for 13th month pay

The Department of Labor and Employment told distressed businesses which can’t afford to pay for their employees’ 13th-month pay to avail of loans from banks. Labor Secretary Silvestre Bello III (ROBINSON NIÑAL JR. / PRESIDENTIAL PHOTO / FILE PHOTO / MANILA BULLETIN) Labor Secretary Silvestre Bello III said the Bankers Association of the Philippines had earlier said it is open to offering loans for businesses heavily affected by the COVID-19 pandemic. “Siguro pwedeng umutang muna para may pambayad sila (Maybe they could borrow from banks so they could pay their employees’ 13th month),” Bello told DZMM Teleradyo in an interview. Aside from borrowing from banks, Bello said the labor department is also eyeing to subsidize the 13th-month pay of employees from micro and small enterprises (MSE). Malacanang said it will discuss the matter with the Departments of Budget and Management (DBM) and Finance (DOF) to see if the government can shoulder the 13th month P13.7 billion needed to subsidize the 13th-month pay of MSE workers. Bello reiterated that there should be no deferment in the giving of 13th-month pay to employees. The labor secretary said it should be given on or before December 24, with no extensions. Employees entitled to a 13th-month pay include those who have been working at a business or company not less than a month regardless of their employment status......»»

Category: lifestyleSource:  abscbnRelated NewsOct 19th, 2020

Mandatory appointment of PENRO pushed

Recognizing that illegal logging activities remain rampant in some provinces, Siquijor Rep. Jake Vincent Villa has filed a bill seeking the mandatory appointment of Provincial Environment and Natural Resources Officer (PENRO). He filed House Bill No. 7382 to amend the Local Government Code by making mandatory instead of optional the appointment of PENRO. Villa sought to specifically amend Section 463 under Chapter 2, Title 4, Book 3 of Republic Act No. 7160, otherwise known as the Local Government Code of 1991, to ensure that there will be an official tasked to safeguard and promote environmental protection in the provinces. “As time passes, changes to the environment in all provinces become readily apparent. From once a land of flora and fauna turned concrete jungle of buildings and infrastructures. As changes occur, in particular, climate change transformation of some of our forests lands into virtual savannas aggravated by illegal logging activities have scalped off the precious cover that in the past has served as protection against rampaging rain water during the typhoon season,” Villa said.  “The government should be enjoined to protect and preserve our precious forest reserves to avoid destructive flooding,” Villa said.  “It is also for the same reasons that the government should designate an official who should be responsible for ensuring that the lands in every province are protected from wanton and illegal cutting of logs and that in areas where reforestation is needed, the same shall be undertaken to avoid destructive flooding in the future,” he added.  HB 7382 also seeks to amend Article 115 (b) of the Implementing Rules and Regulations (IRR) of RA No. 7160 by including PENRO in the list of appointive provincial officials. At present, there are only 13 mandatory appointive provincial officials – Secretary to the Sangguniang Panlalawigan, provincial treasurer, provincial accountant, provincial budget officer, provincial planning and development coordinator, provincial engineer, provincial health officer, provincial administrator, provincial legal officer, provincial agriculturist; provincial social welfare and development officer, provincial veterinarian, and provincial general services officer......»»

Category: lifestyleSource:  abscbnRelated NewsOct 19th, 2020

Heineken aiming for bigger Philippine market share

Dutch brewing giant Heineken International B.V. is boosting its presence in the Philippines by spending heavily on marketing to capture a bigger size of the local beer market, four years after formalizing its foray in Manila with Lucio Tan-owned Asia Brewery Inc. as its partner......»»

Category: financeSource:  philstarRelated NewsOct 18th, 2020

New-look House leadership off to a good start, say solons

House members can’t help but notice a sense of synergy between Speaker Lord Allan Velasco and Majority Leader Martin Romualdez in just their first few days of working together. Case in point, according to Cavite Rep. Elpidio Barzaga Jr., San Jose del Monte City Rep. Florida Robes, and Ang Probinsyano Party-list Rep. Alfred delos Santos, were the two important bills that the House leadership was able to deliver without a hitch during the conduct of special sessions this past week. The Majority Bloc solons were referring to the passage on third and final reading of measures House Bill (HB) No.7727, or the P4.506-trillion General Appropriations Bill (GAB) of 2021; and HB No.7884, or the proposed Act authorizing the President to expedite the processing and issuance of national and local permits, licenses and certifications. “The performance of the new leadership during special session was very commendable. This is a very encouraging sign in our mission to approve the legislative agenda of President Duterte,” Barzaga said. “The Velasco-Romualdez leadership (is) off to a good start,” added the veteran congressman and former Dasmariñas mayor. For her part, Robes said she is “extremely delighted that the leadership impasse in the House of Representatives had been resolved peacefully and amicably by our two honorable leaders, Lord Alan Velasco and former Speaker Alan Peter Cayetano.” “I look forward to a renewed, more united and inclusive leadership at the House of Representatives led by Speaker Velasco with Majority Leader Ferdinand Martin Romualdez. I believe that Speaker Velasco and Majority Leader Romualdez are both righteous and committed to steer the House of Representatives to new heights to become a more effective and responsive institution to serve the Filipino people especially in these trying times,” she stressed. On the other hand, Delos Santos believes that the new-look leadership of the Lower Chamber will continue to work beyond 2020 even as he praised his colleagues for passing next year’s budget bill. “We are very happy that it (GAB) already finished the third reading. Our goal is always to fast-track the process to help out fellow Filipinos. These are not normal times, and gusto po nating matugunan agad yung mga pangangailangan ng mga kababayan natin (we want to quickly address the needs of our people),” Delos Santos said. “We want to assure government agencies (will have enough) resources for them to be able to function in the new normal,” he added. The passage of HB No.7884 or the Anti-Red Tape Bill followed soon after the chamber gave its final nod to the 2021 GAB. Both had been certified as urgent by President Duterte......»»

Category: newsSource:  mb.com.phRelated NewsOct 18th, 2020