Biz group revives WFH debate in new appeal to gov’t [Inquirer Mobile, December 4, 2023]
He also hoped amendments to the CREATE law, which was created to stimulate economic recovery from the pandemic, would lead to the abolition of the interagency Fiscal Incentives Review Board (FIRB). Led by the Department of Finance, FIRB grants tax incentives to registered business enterprises.
Labor groups expect P150 legislated wage hike [The Manila Times, December 4, 2023]
The Trade Union Congress of the Philippines (TUCP) and the Federation of Free Workers (FFF), two of the country's biggest labor organizations, said they were optimistic about the passage of Senate Bill (SB) 2002 after the Senate Committee on Labor and Employment wrapped up the work of the technical working group.
Salaries in SE Asia poised to rise in 2024, says Aon survey [Inquirer Mobile, December 4, 2023]
While salaries in Singapore and Malaysia are expected to stay flat, the survey found the median salary is expected to increase by 6.5 percent for Indonesia, 5.5 percent for Philippines, 4.9 percent for Thailand and 8.0 percent for Vietnam in 2024.
Marcos-backed tax bills ‘unlikely’ to make big revenue impact, says S&P [Inquirer Mobile, December 4, 2023]
Diokno said he’s asking President Marcos to certify as urgent pieces of legislation the following bills: package four of the Comprehensive Tax Reform Program (CTRP), the Value Added Tax on Digital Service Providers, Excise Tax on Single-Use Plastic Bags and Excise Tax on Sweetened Beverages and Junk Food.
Megaworld, Suntrust to build P7-B township [The Manila Times, December 4, 2023]
REAL estate giant Megaworld Corp. and its wholly owned subsidiary, Suntrust Properties, Inc., will be constructing a P7-billion lifestyle estate in Palawan that is targeted for completion in 2028.
PH now 4th in world’s best sites for clean energy investments [Inquirer Mobile, December 4, 2023]
The country entered the top five for the first time in 12 years, just behind India, Mainland China and Chile, in BloombergNEF’s (BNEF) Climatescope report. The global research firm provides an analysis of clean energy progress and attractiveness across 110 developing economies.
Jollibee Group offers job opportunities to Senior Citizens and PWDs in Muntinlupa [Good News Pilipinas, December 4, 2023]
In a significant move towards inclusive employment, Jollibee Group has joined forces with the Muntinlupa City government to create job opportunities for senior citizens and persons with disabilities (PWDs). This collaboration, sealed with a memorandum of agreement, is a testament to both entities’ commitment to supporting these often-overlooked communities.
Meralco owes its customers P150B in refunds – ex-ERC chief [The Manila Times, December 4, 2023]
A FORMER commissioner of the Energy Regulatory Commission (ERC) said power distributor Manila Electric Co. (Meralco) should refund its customers P150 billion and cut power rates after the government regulator re-computes its weighted average cost of capital (WACC).
Familiar territory: MVP’s regular stomping ground revealed [Bilyonaryo, December 3, 2023]
In a recent interview with veteran journalist Ces Oreña-Drilon on Usapang Bilyonaryo, Pangilinan revealed that he dedicates a significant amount of his time at the Manila Electric Co. (Meralco) headquarters.
Palace resumes processing of Metro Manila ecozone applicants [Philippine Daily Inquirer, December 3, 2023]
Administrative Order No. 11 said this second chance for special economic zone applicants is aimed at creating more jobs and improving employment opportunities in Metro Manila.
Meralco unit taking control of top solar firm [The Philippine Star, December 3, 2023]
MGen Renewable Energy Inc. (MGreen), the renewable energy development arm of Meralco Powergen Corp. (MGen), has signed a subscription agreement and made an initial payment of P7 billion for its investment in SP New Energy Corp. (SPNEC).
Cagayan town taps partner for P210 million water supply project [The Philippine Star, December 3, 2023]
The local government of the municipality of Baggao in Cagayan has inked a joint venture agreement with its private sector partner M.E. Sicat Construction Inc. for a P210-million water supply public-private partnership (PPP) project.
HMO losses soar 6-fold to P2.15 billion [The Philippine Star, December 2, 2023]
Eleven of the 28 HMO firms incurred net losses, led by Medicard Philippines Inc. with P1.1 billion. But Medicard only ranked third in terms of benefits and claims during the period at P6.53 billion.
Annette Gozon opens up about Vic Sotto contract [The Philippine Star, December 2, 2023]
The GMA executive said that she is aware of the rumors that the host might leave the network, but Gozon said Vic has a good relationship with the network for the past 28 years.
Experts inspect possible site of Dinagat airport [The Manila Times, December 2, 2023]
The CAAP saw the potential for the creation of a single-runway airport tailored to accommodate 70-seater aircraft in four options, including the municipalities of Libjo, Basilisa, Cagdianao and Dinagat.
These Are the 8 Filipino Companies in Forbes' 700 Best Employers in the World [Esquire, December 2, 2023]
Among the list are familiar names like Ayala Corporation and San Miguel Corporation, as well as banks like Landbank and Metrobank. Only two Filipino companies made the top 100 for the best employers in the Philippines.
Senior citizen asks Mayor Vico Sotto to revoke hotel’s permit to operate [Inquirer.Net, December 1, 2023]
A senior citizen has asked the Pasig City government to revoke a 5-star hotel’s permit to operate for allegedly violating the Senior Citizen’s Act.
Tan Caktiong-led Jollibee ordered to pay P4.5 million, reinstate, and apologize to 9 US-based workers [Bilyonaryo, December 1, 2023]
This action stems from Jollibee’s dismissal of nine workers in February, who were advocating for increased wages, double pay on holidays, and improvements to working conditions.
Rep. Duterte wants bills on free freight services for relief ops prioritized [Inquirer.Net, December 1, 2023]
Such a proposal is contained in House Bill (HB) No. 4809 filed by Duterte, Benguet Rep. Eric Yap, ACT-CIS party-list Rep. Edvic Yap, and former ACT-CIS party-list Rep. Jeffrey Soriano as early as September 2022.
SC stops NGCP project over expropriation row [Philippine Daily Inquirer, December 1, 2023]
The National Grid Corp. of the Philippines (NGCP) said on Thursday that the high court, in a “disheartening” April 12 decision released only recently, granted Iloilo Grain Complex Corp.’s (IGCC) petition for a temporary restraining order (TRO), which remains effective.
Digital TIN ID now available — BIR [The Philippine Star, November 30, 2023]
The digital ID also does not need a signature as it can be confirmed by scanning its QR code with a mobile device camera.
