SSS, PNP strengthen partnership anew

THE Social Security System (SSS) and the Philippine National Police (PNP) on Thursday strengthened their partnership as both institutions signed a Memorandum of Agreement that will provide social protection to the private sector while also promoting a peaceful and safe environment. SSS President and Chief Executive Officer Emmanuel F. Dooc and PNP Chief Director General […]

Pag-IBIG Fund reports increase in assistance to OFWs

PAG-IBIG Fund extended half a billion pesos or P500.43 million in cash loans to 23,153 borrowing overseas Filipino worker-members (OFW-members) from January to October this year, posting a 228% increase from the same period in 2017’s P152.69 million in cash loans to 6,731 OFW-borrowers. For OFW-members’ housing needs, Pag-IBIG Fund released P12.95 billion to 12,152 […]

Check the marks, buy wisely

THE public are advised to check the marks when buying electrical lights to ensure that these have passed the Philippine standards. Locally-manufactured products must bear the necessary PS mark, while imported products have the Import Commodity Clearance (ICC) mark. While Christmas lights are part of the festive celebration during the yuletide season, it is not […]

November inflation slows down to 6.0 percent

HEADLINE inflation decelerated further to 6.03 percent year-on-year in November 2018 from 6.68 percent in October and 6.70 percent in September. The year-to-date average of 5.2 percent is above the Government’s announced inflation target range of 3.0 percent ± 1.0 percentage point for 2018. Month-on-month seasonally-adjusted headline inflation turned negative in November at -0.3 percent […]

Rescue package for coco farmers pushed

A THREE-pronged rescue package for farmers in the coconut industry is being pushed to stem the effects of slumping copra prices. At least 3.5 million coconut farmers are suffering from a continuous slump in domestic price for copra, with some barely surviving as they are already buried deep in debt and others no longer harvesting […]

ABAC PH supports call for ‘inclusive globalization’

AMIDST the backdrop of uncertainty on the global economy, the APEC Business Advisory Council Philippines (ABAC PH) reaffirms its push for its four-point agenda. This is in response to President Rodrigo Duterte’s call for inclusive globalization during the APEC Summit in Port Moresby, Papua New Guinea (PNG) earlier in November. “Now more than ever, world […]

Boracay to hold 2-day eco-fair

BORACAY ISLAND, Aklan – Businesses and groups that promote sustainable solutions to preserve the environment will gather for a two-day eco fair in Boracay on December 14-15. “The eco-fair will provide an ideal information and communication platform to showcase products and services to Boracay residents and the business sector,” said the environment committee of the […]

16,000 Antiqueños hired under DOLE’s TUPAD

ANTIQUE, Philippines – The emergency employment of 16,000 Antiqueños under the Department of Labor and Employment’s (DOLE) Tulong Panghanabuhay Para sa Ating Disadvantaged/Displaced Workers (TUPAD), in partnership with the Provincial Government of Antique and the Office of Sen. Loren Legarda, kicked off last November 13, 2018. The TUPAD beneficiaries consisting of displaced and disadvantaged workers, […]

BSP sees 5.8-6.6% November inflation

THE abrupt decline in world oil prices and the normalization in supplies of rice and other agricultural goods caused Philippine monetary officials to forecast a November 2018 inflation of between 5.8 percent and 6.6 percent, lower than the 6.7 percent last September and October. In a statement Thursday, the Bangko Sentral ng Pilipinas’ (BSP) Department […]