Recto backs MUP pension for new entrants only
Finance Secretary Ralph Recto is pushing for changes in the pension scheme of military and uniformed personnel (MUP), but only for new entrants, in yet another deviation from his predecessor......»»
SSS pushed P300 million into REITs in Q4
Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
IU changes collab song with BTS V to Love Wins All following queerbaiting criticism
IU's upcoming single with BTS member V is seeing a name change following "queerbaiting" criticism of its original title "Love Wins.".....»»
Filipinos Hope for Positive Changes in 2024
The new year brings new hope for every Filipino dreaming of improving their economic status and living a life where they can have three meals a day. This is a modest dream of a small Filipino that remains a dream due to the lack of action from those in authority. Often, lawmakers and local officials […] The post Filipinos Hope for Positive Changes in 2024 appeared first on Bicol Peryodiko......»»
EU looks sad - Russian tycoon
Unlike the US and China, the bloc doesn't have the money to pursue innovation, Oleg Deripaska has said The European Union looks particularly "sad" amid the ongoing global economic slowdown due to a lack of technology and finances to institute structural changes and invest in innovation, Russian busines.....»»
DTI adopts SRP changes for coffee, salt product variants
DTI adopts SRP changes for coffee, salt product variants.....»»
Senate Cha-cha proponents: No political changes
Joining the fray to have the Charter changed, several senators have vowed to focus on its economic provisions and to steer clear of politics to ensure their initiative will have better chances of getting approved......»»
Lagman says ‘war’ on 1987 Constitution underway after Senate changes tune on Cha-cha
Both chambers of Congress’ newfound unity in pushing to liberalize the economic provisions of the 1987 Constitution is tantamount to declaring a “war” on the Charter, an opposition lawmaker said......»»
[WATCH] Zubiri changes tune, dances to Cha-Cha
(1st UPDATE) The latest push for charter change gains ground as Senate President Migz Zubiri files the chamber's own proposal to amend the constitution.....»»
Training program for new PPP law
The Center for Global Best Practices will host a pioneering training program, “Understanding the Changes and their Effects: The New PPP Code of the Philippines,” on Jan. 25, from 1 p.m. to 5 p.m. at the EDSA Shangri-La Hotel, Mandaluyong City......»»
EDITORIAL - Cabinet changes
Validating rumors that have been circulating since late last year, former Batangas congresswoman Vilma Santos-Recto confirmed yesterday that President Marcos is replacing Benjamin Diokno with her husband, House Deputy Speaker Ralph Recto as secretary of finance......»»