Pres. Duterte approves SSS P2k pension hike, backs continuing reforms for fund sustainability

The Social Security System (SSS) has declared its support for President Rodrigo Duterte’s decision to approve an across-the-board pension increase of P2,000 that would benefit the agency’s over two million pensioners, with the initial P1,000 increase effective this month and another P1,000 in 2022 or earlier. However, the Chief Executive instructed the SSS to incorporate… Read More Pres. Duterte approves SSS P2k pension hike, backs continuing reforms for fund sustainability

BDO to charge P10 on fund transfers to unenrolled BDO accounts

BDO to charge P10-fee on fund transfers to unenrolled accounts The service charge will be effective March 15, 2017 MANILA, Philippines – BDO Unibank Incorporated will impose a P10-service charge on online and mobile banking fund transfers to unenrolled BDO accounts beginning mid-March. BDO said in an advisory on Tuesday, January 3, that this will be effective March… Read More BDO to charge P10 on fund transfers to unenrolled BDO accounts

Reckoning with ‘Ruby’

Big casualties avoided through massive evacuation Typhoon “Ruby” (international codename: “Hagupit”) knocked out power in entire coastal provinces, mowed down trees and power lines, and sent more than 650,000 people into shelters, but Filipinos emerged wiser from last year’s devastation by super-typhoon “Yolanda” (“Haiyan”) and reckoned with the storm as it weakened yesterday, leaving no… Read More Reckoning with ‘Ruby’

Retired engineer makes superior Spirulina products

A 61-year-old civil engineer who used to construct gasoline stations for major petroleum companies gave up his construction business in 2002  to take-it-easy, so to speak, after making more than enough to maintain a comfortable life. The fellow is Napoleon ‘Pol’ Puente who would rather want to be called ‘Farmer Pol’ today. He is now… Read More Retired engineer makes superior Spirulina products

10 new PPP projects being readied for public auction

THE Public-Private Partnership (PPP) Center is now preparing pre-investment studies for 10 new projects. Only three of the 10 projects currently have cost estimates: the P8.1-billion ($180-million) San Fernando Airport; the P166.63-billion ($3.7-billion) North-South Railway Project (NSRP); and the P135-billion ($3-billion) Mass Transit System Loop.  The San Fernando Airport will serve as a regional airport that… Read More 10 new PPP projects being readied for public auction

17.5 million people worldwide with celiac disease could patronize organic PHL rice

AGRICULTURE Secretary Proceso J. Alcala has expressed amazement that one specific niche market for organic Philippine rice is at least 1 percent of all Caucasians on the planet who are afflicted with celiac disease. Told about the possibility that the organic and heirloom rice varieties grown in the Cordillera, Lake Sebu in South Cotabato and… Read More 17.5 million people worldwide with celiac disease could patronize organic PHL rice