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Filipino seafarers union supports escrow deposit provision on Magna Carta of Filipino Seafarers - Vimarsana News

Filipino seafarers union supports escrow deposit provision on Magna Carta of Filipino Seafarers

The Associated Marine Officers and Seafarers Union of the Philippines (AMOSUP), the largest seafarer union in the country is supporting the escrow deposit provision in the Magna Carta of Filipino Seafarers that the House Committee on Overseas Workers included in House Bill No. 7325, also known as “An Act Instituting…

Neda releases implementing rules on foreign ownership - Vimarsana News

Neda releases implementing rules on foreign ownership

Neda releases implementing rules on foreign ownership

'Foreign SWFs may own shares in public utilities' - Vimarsana News

'Foreign SWFs may own shares in public utilities'

Foreign Sovereign Wealth Funds (SWFs) can collectively invest a maximum of 30 percent in Philippine companies engaged in the operation of public utilities and critical infrastructure such as telecommunications, according to the newly released Implementing Rules and Regulations (IRR) of the Public Service Act (PSA). On Monday, the National Economic…

Flagship projects to bolster physical connectivity—DOF - Vimarsana News

Flagship projects to bolster physical connectivity—DOF

Most of the flagship projects that the government intends to undertake are aimed at improving physical connectivity and the management of water resources, according to Finance Secretary Benjamin Diokno. Diokno presented the government’s infrastructure plan on Monday in a forum organized by the Foreign Correspondents Association of the Philippines. The…

Interment service entitled to 20% senior discount â€" SC - Vimarsana News

Interment service entitled to 20% senior discount â€" SC

The Supreme Court has ruled that interment services are to be covered by the 20 percent discount on funeral and burial expenses provided by the Senior Citizens Act and its amending laws.