P1,056 worth of coins, mostly in 5- and 10-centavo, as well as one-peso denominations. That's how a factory worker in Valenzuela City received his salary after rendering 24 hours of duty. In a Facebook post, a certain Odniemrud Eniger, the factory worker's cousin, sought help from Mayor Rex...
The Department of Labor and Employment (DOLE) is also investigating the case of the Valenzuela City factory worker whose salary was paid to him in centavo coins by his company. WE'RE PROBING IT--DOLE Director Rolly Francia reveals during a press conference on June 30, 2021 that the agency is now...
Valenzuela City Mayor Rex Gatchalian on Wednesday suspended the business permit of Nexgreen Enterprise, the factory that paid one of its workers' salary in coins, after its owner admitted not paying their employees appropriately. Gatchalian said he will be giving Jasper So, the owner of the...
Valenzuela City Mayor Rex Gatchalian is inclined to believe that what happened to the factory worker who received his P1,056 salary in coins was done deliberately to "torment" the worker for raising his concerns against his company's alleged unfair labor practices. Gatchalian on Tuesday vowed that...
Can an employer pay their employees' salaries purely in coins? Under Circular No. 537 Series of 2006 issued by the Bangko Sentral ng Pilipinas (BSP), payment, particularly in the form of coins, shall be "legal tender" or must be accepted for as long as it does not exceed a certain limit. For P1 to...
Wala Lang Small pieces of paper, tiny bits of metal—neither is edible nor useful but people work, fight, kill for them. Paper money and coins are the subject of Yaman: History and Heritage in Philippine Money , a weighty tome just published by the Bangko Sentral ng Pilipinas. Authored by...
This organization proves Philippine coins still have value and uses them for their mobile pantry. In just a span of two weeks, the community pantry grew in more than a thousand locations across the country. The movement even reached beyond our borders with countries like Timor-Leste and Phuket,...
Homegrown e-commerce website VeMoBro welcomed 2021 with a vow to fight fake products and scams on its online platform to protect their sellers and consumers by carrying only genuine and legitimate products. “Our goal as a 100 percent Filipino e-commerce platform is to protect online Pinoy sellers...
