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Employees working on April 9 to receive 300 percent pay

Rosalie Abatayo 04/09/2020

CEBU CITY, Philippines — While most individuals will observe April 9, 2020 at home, some workers, especially frontliners, will continue to work throughout this double holiday. Maundy Thursday and the Philippines’ 78th Day of Valor (Araw ng…

Aboitiz Power favors move allowing ER 1-94 funds for response to coronavirus pandemic

Irene R. Sino Cruz 04/09/2020

CEBU CITY, Philippines—Aboitiz Power hails the decision to allow communities that host power generation projects to use their revenue share from these facilities for measures to contain the coronavirus disease 2019 (Covid-19). On April 6, 2020, the…

NEDA urges government to prioritize support for production of essential goods

Irene R. Sino Cruz 04/08/2020

CEBU CITY, Philippines—Amid the country’s fight against the coronavirus disease 2019 (Covid-19) pandemic, the National Economic and Development Authority (NEDA) said the government should prioritize support for the production of essential goods and personal protective equipment. The…

SEC bares 14 groups engage in scams after national emergency declaration

Irene R. Sino Cruz 04/05/2020

  CEBU CITY, Philippines —While authorities are focused on stopping the spread of the coronavirus disease 2019 (COVID-19), several individuals and groups have been enticing the public to invest in fraudulent activities. In an emailed press release,…

ADB sees slower economic growth for PH this year, but strong rebound expected in 2021

Irene R. Sino Cruz 04/03/2020

    CEBU CITY—The Asian Development Bank (ADB) foresees a slower economic growth for the Philippines this year but projects a strong rebound in 2021. The ADB made this pronouncement in a new ADB report released today…

Sa-a: Alleged ‘subhuman’ treatment of BPO workers, an isolated case

Delta Dyrecka Letigio 04/03/2020

CEBU CITY, Philippines — The Cebu City Information Technology-Business Process Management Organization (IT-BPMO) said the incident of alleged “subhuman treatment” of workers of a BPO company in Cebu City is an isolated case.  “I would like to…

DICT warns public against vishing or voice phishing

Irene R. Sino Cruz 04/03/2020

CEBU CITY, Philippines —If you receive an unsolicited call asking for personal and sensitive information, you should be on the alert. The Department of Information and Communications Technology (DICT) reminds the public to be wary of vishing…

DTI expands list of goods with quantity limits on purchase

Irene R. Sino Cruz 04/03/2020

CEBU CITY, Philippines—The Department of Trade and Industry (DTI) has expanded its list of goods with limit on quantity that could be purchased per transaction. DTI Secretary Ramon Lopez issued Memorandum Circular (MC) No. 20-10 entitled Supplemental…

DOLE-7 okays P5K aid to 2000 workers in CV

Futch Anthony Inso 03/31/2020

  CEBU CITY, Philippines — The Department of Labor and Employment in Central Visayas (DOLE-7) has already approved the P5,000 financial assistance or a total of P10,770,000 for some 2,154 workers in the region under the Department’s…

Power consumption in Visayas grid declines

Irene R. Sino Cruz 03/31/2020

CEBU CITY, Philippines — The power consumption in the Visayas experienced a decline Friday last week when compared to that of January 29, around two months ago, according to a press release from the Department of Energy-Visayas…

NGCP to donate additional P1B for fight against COVID-19 

Irene R. Sino Cruz 03/31/2020

CEBU CITY, Philippines—The National Grid Corp. of the Philippines (NGCP) will donate P1 billion to the national government to help address the growing need for medical equipment and other response measures for the coronavirus disease 2019 (Covid-19)…

SEC warns public against investing in Paya cryptocurrency

Irene R. Sino Cruz 03/31/2020

CEBU CITY, Philippines—The Securities and Exchange Commission (SEC) has cautioned the public against investing or promoting Paya, a cryptocurrency offered by Payasian Pte. Ltd. Corp. In an emailed press release, SEC bared that it has issued a…

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