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2023 budget designed to shield PH economy from 'any shocks': DBM - Vimarsana News

2023 budget designed to shield PH economy from 'any shocks': DBM

MANILA - The PHP5.268 trillion national budget for 2023 contains allocations that will help protect the Philippine economy from the "negative" impact of internal and external shocks, the Department of Budget and Management (DBM) said on Wednesday. The DBM issued the statement a day after the Philippine Statistics Authority (PSA) reported that the country's headline inflation rate in January climbed to 8.7 percent from 8.1 percent in December 2022. The budget department said this year's national budget is composed of allocations intended for the implementation of the governmen...

CADPI, labor unions strike compromise deal–NCUSIP | Samuel P. Medenilla and Jasper Y. Arcalas - Vimarsana News

CADPI, labor unions strike compromise deal–NCUSIP | Samuel P. Medenilla and Jasper Y. Arcalas

The Central Azucarera Don Pedro Inc. (CADPI) was able to avert a labor strike in its Batangas refinery plant after signing a compromise agreement with its labor unions last week. National Congress of the Unions in the Sugar Industry of the Philippines (NCUSIP) President Roland de la Cruz, however, lamented…

POGO workers hit by closure entitled to benefits: DOLE - Vimarsana News

POGO workers hit by closure entitled to benefits: DOLE

Labor Undersecretary Benjo Benavidez (Screengrab from Laging Handa briefing) MANILA - Filipino and foreign employees working in Philippine Offshore Gaming Operators (POGO) who will be affected by the closure of their companies are entitled to benefits, a labor official said Thursday. "The labor code covers all workers who work in the Philippines, whether you are a foreigner or a Filipino. Programs that we have mentioned, if the foreign worker wants to avail, it can be done. Especially for the payment of separation pay, and unemployment insurance if they are qualified, they can get that be...

Related Topics:
Benjo BenavidezTulong PanghanapbuhayPublic Employment Service OfficeSkills Development AuthorityPhilippine Offshore Gaming OperatorsUndersecretary Benjo BenavidezLaging HandaSocial Security SystemTechnical EducationDisplaced WorkersLabor Undersecretary Benjo Benavidez Screengrab From Laging Handa Briefing Manila Filipino And Foreign Employees Working In Philippine Offshore Gaming Operators Pogo Who Will Be Affected By The Closure Of Their Companies Are Entitled To BenefitsA Labor Official Said Thursday Quot The Code Covers All Workers Who Work In PhilippinesHether You Area Foreigner Ora Filipino Programs That We Have MentionedF The Foreign Worker Wants To AvailT Can Be Done Especially For The Payment Of Separation PayNd Unemployment Insurance If They Are QualifiedHey Can Get That Because Is Stipulated By LawUot Labor Undersecretary Benjo Benavidez Said Ina Laging Handa Briefinga Separation Pay Is Equivalent To One Month 39s Salary Of The Worker Per Year Service While With Unemployment Insurance Provided By Social Security System Sss He Worker Is Entitled Toa Benefit That Equivalent To Half Of The Average Maximum Monthly Credit Can Be Claimed Within Two Months From Separation Benavidez Also Noted Dole Has An Employment Facilitation Program Aims Find Same Job For Affected Workers Quot Refer Specific Companies Or Ask Help Public Service Office Peso Vacancy List If Retraining NeededHey Can Upskill The Technical Education And Skills Development Authority Tesda Is Again Part Of DoleUot He Said The Agency Is Also Offeringa Livelihood ProgramE Added Quot If You Don 39t Want To Look Fora Job And Builda BusinessE Havea Program That Can Give Them Seed Capital It Is Php30000a Small Amount To Others Buta Big Help Those Who Will Lose Their JobsUot He Added Said The Affected Employee May Also Apply For An Emergency Employment At Least 10 Days Up To Three Months Under Tulong Panghanapbuhay Sa Ating Disadvantaged Displaced Workers Tupad Program Benavidez Estimated 25
Cayetano underscores importance of improving digital infrastructure - Vimarsana News

Cayetano underscores importance of improving digital infrastructure

Senator Alan Peter Cayetano has assured foreign chambers that the Senate is taking seriously their concerns about poor internet connectivity in the country. The quality of digital infrastructure is the cornerstone to economic development and would consequently improve the general welfare of the Fi

Source: mb.com.ph
Why COBRA Should Not Be The Only Option For Displaced Workers - Vimarsana News

Why COBRA Should Not Be The Only Option For Displaced Workers

Congress has yet another opportunity to help the unemployed andprevent displaced workers from joining or remaining in the ranks ofthe uninsured, but it must do this the right way by reaching out tofamilies who need assistance the most.