The House of Representatives has overwhelmingly approved on third and final reading a bill that, if enacted, would mandate all enterprises in the country employing 10 or more workers to establish a productivity incentives program for their employees. (PPAB) Passed during plenary session Monday...
Calling age a "constant barrier" for otherwise very capable senior citizens, Davao City 1st district Rep. Paolo Duterte is prodding the private sector to broaden job opportunities for elderly Filipinos. Eduardo Barrios/ Unsplash For this purpose, Duterte penned and filed House Bill (HB) No.2384, or...
The Fiscal Incentives Review Board (FIRB) has extended until Jan. 31, 2023 the deadline for the transfer of registration of Information Technology and Business Process Management (IT-BPM) firms from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI). FIRB announced...
The Department of the Interior and Local Government (DILG) has rewarded 17 local government units (LGUs) in Caraga region with a minimum of P5 million financial incentives as part of the deal for bagging the Seal of Good Local Governance (SGLG) award. DILG Caraga Regional Director Lilibeth Famacion...
Over 8,000 Makati city hall employees will receive up to P20,000 cash as Service Recognition Incentive (SRI) after the city council approved ordinances for its immediate funding, the city government announced Thursday, Dec. 29. City Ordinance No. 2022-A-168, passed by the Sangguniang Panlungsod of...
A total of 352 local government units (LGUs) will receive almost P2 billion to fund their respective development projects, the Department of the Interior and Local Government (DILG) disclosed on Thursday, Dec. 15. In a statement, the DILG said the P1.961 billion that will be distributed to the...
Editorial The barangay health workers are a very special group of people in the community. They are vital to the delivery of primary health care to the people in the grassroots level. In the early days of the pandemic, the BHWs were the first responders to the public health problem brought by...
A measure aiming to grant cash incentives plus other non-monetary benefits to filmmakers, literary writers and performing artists who have won formal international acclaim has moved forward in the House of Representatives. (Mari Gimenez/ Unsplash) Camarines Sur 2nd district Rep. LRay Villafuerte, a...
The Fiscal Incentives Review Board (FIRB), chaired by the Department of Finance, has approved the tax incentive application of TDK Philippines Corp. (TPC). In a statement Tuesday, Dec. 6, Finance Assistant Secretary Juvy Danofrata said the FIRB approved the fiscal incentives for TPC’s P2.5...
The Department of Energy (DOE) will intensify efforts on apprising investors of the "fiscal incentives" that they could avail for their energy projects in the country. In line with the celebration of the National Energy Consciousness Month (NECM), the agency indicated that it will lay down the...
The European Chamber of Commerce of the Philippines (ECCP), composed of foreign business chambers representing EU and European firms’ interest in the country, has urged the government that the planned zero tariff on the importation of electric vehicles (EVs) should cover all other types of EVs,...
Meralco’s eSakay: Gradually melting the 'ICE' with EVs By MYRNA M. VELASCO Within this month, the planet’s warming temperatures will be in the spotlight again – as global economic and political leaders, scientists as well as the other alpha geeks of ‘climate change diplomacy’ will gather...