The FIST Law, short for the Finance Institutions Strategic Transfer Act has been signed into law by our dearest President Rodrigo Duterte. It has just recently been signed today, the 16th of February 2021. It was announced by the Head of the Economic Team, Carlos Dominguez III, who is also the Secretary of the Department […]
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The Philippines Looking to Create 3.5 Million Jobs This Year
With the infamous COVID-19 pandemic being such a burden to all businesses, imagine its effect on the working class. Hundreds of thousands of jobs thrown to the brim; and millions of people left jobless. This year, the government is looking to create 3.5 million jobs for our countrymen. The creation of these jobs is part […]
Jobstreet: 55K Jobs at Virtual Career Fair Available
If we are to base it on the 20% rise in available jobs in the Philippines during the last quarter of 2020, the country is slowly picking up the pieces in employment. The 55k jobs at the virtual career fair are spread and versatile. There are companies looking for sales executives, digital marketers, IT software […]
Increase in Interbank ATM Fees Starting April 7
On April 7, as they enforce the “acquirer-based ATM fee charge” mandated by the Bangko Sentral ng Pilipinas, some banks will increase their interbank ATM transaction fees. The hike also comes after some banks were permitted to increase ATM fees by the Banko Sentral ng Pilipinas back in 2019. Under the new system approved by […]
The Senate Confirms the Creation of the Bill to Lower Corporate Income Tax
A bicameral committee puts study on a bill that will lower corporate income tax in an attempt to attract more foreign investments. In addition to that, this move can also enable the Philippine economy to recover from the COVID-19 pandemic. The bill that would lower corporate income tax has been confirmed by the House of […]
House Panel Passes Bill to Give Free Dialysis Treatment to Senior Citizen
A committee in the House of Representatives OK-ed a bill to give free dialysis treatments to senior citizens for various types of dialysis. The House committee on senior citizens endorsed House Bill No. 7859, more commonly known as the “Free Dialysis for Senior Citizens Act of 2020.” During their online meeting; it has been clarified to be […]
DOTr: Metro Manila Subway to Open Partially by the end of the year
The Philippines is taking a step closer to grant everyone’s wish; to have the Metro Manila subway to open partially. The Department of Transportation (DOTr) unveiled a part of a tunnel boring unit – the head cutter. It’s a part that’s crucial for the construction of the Metro Manila subway, which is to commence partial […]
