The Government Service Insurance System (GSIS) has in its plan implementing an annual P100 million educational subsidy program to children or dependents that are part of the low-income bracket. This program, according to Rolando Macasaet, General Manager and President of the GSIS, would be to support President Rodrigo Duterte’s Social Development Policy. Moreover, this program […]
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Tax-Free Maternity Benefits Can Now Be Enjoyed by Expectant Mothers
After plenty of modifications in the maternity benefits here in the Philippines, Senator Risa Hontiveros announced that the maternity benefits under the Expanded Maternity Leave (EML) law is now tax-free. This basically means that working women who are expectant mothers can enjoy tax-free maternity benefits in the future. The Bureau of Internal Revenue (BIR) announced […]
Labor Groups Pushing For Pag-IBIG Fund Contribution Hike
The Pag-IBIG Home Development Mutual Fund (HDMF) is the country’s housing and shelter financing program in the Philippines. If you are an employee, then you are well-versed with what Pag-IBIG is. Labor groups and a majority of workers are actually appealing to have a Pag-IBIG Fund contribution hike, with, of course, agreements. Read: PhilHealth Premium […]
P20 Coin to be Released in 2020, P5 Coin to be Enhanced
Can you imagine a P20 bill turned into a P20 coin? Wouldn’t that be a big of a change? Especially considering the fact that the P20 bill is the most used type of bill or denomination for payments; couldn’t that spark a change? Well if you think it’s weird – we do too! However, the […]
PhilHealth Premium Rates to Increase Beginning of Next Year
After the official publication of the Universal Health Care Act, the implementing rules and regulations (IRRs) were signed by the Department of Health (DOH) Secretary Francisco Duque III. Among its, IRRs would be the increase of PhilHealth premium rates starting next year. To give you a brief refresher, the Universal Health Care act is the […]
P200 Billion For Loans, Eyed by the GSIS
The Government Service Insurance System (GSIS) announced that they will be offering a ton of loans starting next year. According to them, they’ll offer somewhere around P100 to P200 billion just in loans under their GSIS Financial Assistance Program (GFAL). Rolando Macasaet, GSIS Chairman and acting President said that the signing of a Memorandum of […]
FDA Gives Order to All Stores to Hide Alcoholic Beverages
Have you ever entered a store and saw alcoholic beverages displayed freely? Did you ever think for these to be legal and marketing-wise, effective? Well, the Food and Drug Administration (FDA) recently ordered the concealment of all types of alcoholic beverages in all types of stores in the country. In fact, they issued a new […]
