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DESPITE softening global oil prices, the Bangko Sentral ng Pilipinas (BSP) may remain hawkish through 2019 to curb inflation expectations and stabilize the local currency, an economist from Dutch financial giant ING said. Nicholas Mapa, ING Philippines…
SEN. Sherwin Gatchalian wants President Rodrigo Duterte to continue with the suspension of the second tranche of the excise tax on petroleum products despite the advice of his economic managers. “I urge President Duterte to still push…
Some senators rejected Friday the plan of President Rodrigo Duterte’s economic managers to proceed with the second tranche of oil excise tax hike set on January 2019 as mandated under the Tax Reform for Acceleration and Inclusion…
House Majority Leader Rolando Andaya Jr. yesterday said the “fate” of 2019 national budget has no impact on pay hike set for government employees next year. “It [salary increase] will go on as programmed, even in the…
The P25 wage increase for workers in the National Capital Region (NCR) takes effect today, Nov. 22. According to Wage Order No. NCR-22 published last Nov. 7, the new minimum wage rates in Metro Manila shall be…
The Regional Tripartite Wages and Productivity Board in Central Visayas (RTWPB-7) has postponed discussion of the P150 wage hike proposed by the Cebu Labor Coalition (Celac) until their next meeting on November 19. Joe Tomongha, labor sector…
Labor Secretary Silvestre Bello III announced on Monday a P25 increase in the basic pay in the National Capital Region (NCR) and the integration of the P10 cost of living allowance (Cola) in the minimum wage, thus…
Members of the Central Visayas Regional Tripartite Wages and Productivity Board (RTWPB-7) will meet this afternoon to discuss the P150 across-the-board wage hike petition filed by the Cebu Labor Coalition (Celac). “Yes, it has already been calendared,”…
SENATOR Panfilo Lacson said on Sunday that as the salary increase of policemen takes effect on January 1, 2019, it bears watching if cops will be more focused on their job of serving the people. With all…
Barely two months after the implementation of the August 3 wage order, labor groups are again filing another petition for a wage hike before the Regional Tripartite Wages and Productivity Board (RTWPB)-7, yesterday morning. The Cebu…
THE P2.50 fare hike proposed by the Basak-Lapu-Lapu City Jeepney Operators and Drivers Association (BALACJODA) was met with almost no opposition during the public hearing on Monday. Only one concerned citizen, Edward Latido, chose to speak out…
THE Mactan-Cebu International Airport Authority (MCIAA) will implement an increase of aircraft parking and tacking fees starting on Nov. 1. Glenn Napuli, acting assistant general manager of MCIAA, said the order was part of their part of…
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