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According to Atty. Bong Suntay, president of Philippine National Taxi Operators Association, the complaints made by commuters regarding taxi drivers’ bad mood and even acts of harming their passengers were due to the severe traffic problem in Metro Manila. Said traffic problem means that taxi drivers suffer a loss of earnings. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
House of Representatives majority leader Neptali Gonzalez warned the Senate that President Benigno “Noynoy” S. Aquino III may also veto the proposed Salary Standardization Law or SSL-4 since President Aquino vetoed the proposed SSS pension hike due to fear of said agency being bankrupt in the future. The fourth version of the bureaucracy-wide salary adjustment was forwarded by the House of Representatives to the Senate before the month-long holiday break. (Eagle News Service Described by […]
The Bureau of Customs (BOC) is confident that the Congress will pass the proposed Customs Modernization and Tariff Act, which aims to exempt from taxes balikbayan boxes that are worth Php 10, 000 and lower. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
Confederation for Unity, Recognition and Advancement for Government Employees or COURAGE proposed that the minimum wage be raised to Php 16, 000 for employees working in the private sector. Said proposal was made as the Senate studies the Salary Standardization Law for government employees. COURAGE added that every employee should feel the economic growth which the Aquino administration is proud about. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded […]
The Department of Trade and Industry will meet businessmen this Friday, January 22, to talk about the proposed lowering of the suggested retail price of primary products at the National Price Monitoring Council. DTI added that said talk is timely due to the series of oil price rollbacks in the world market. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos) https://youtu.be/baBkIREqL5U
The Department of Transportation and Communication (DOTC) conducted a test-drive of the new MRT carriages – part of the 43 new carriages bought by the government from China. Said test run was conducted from the Taft Avenue station in Pasay City to the North Avenue station in Quezon City. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
Due to the movement of oil prices in the world market, expect a big time rollback on the price of petroleum products this week. Diesel prices will be down by Php 1.30 to Php 1.50 per liter while gasoline prices will be down by Php 1 to Php 1.20. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
According to political analysts, President Benigno S. Aquino’s veto of the proposed SSS pension hike by Php 2,000 will negatively affect the campaign of President Aquino’s political allies. It is also added that said hike will actually benefit the public and the economy. <em>(Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)</em>
Taiwan stocks rose 0.75 percent to 7720.13 points as of 0507GMT on Monday (January 18), after the Democratic Progressive Party’s Tsai Ing-wen won the presidential election over the weekend on the island. Tsai Ing-wen and her Democratic Progressive Party (DPP), which is less friendly to China, won a convincing victory in both presidential and parliamentary elections on Saturday (January 16), in what could usher in a new round of instability with China, which claims self-ruled […]
Asian shares slid to their lowest levels since late 2011 on Monday (January 18) after weak U.S. economic data and massive falls in oil prices stoked further worries about a global economic downturn. Oil prices fell as much as four percent on Monday, with international benchmark Brent futures falling below $28 per barrel, touching their lowest level since 2003. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.0 percent in early trade, extending its […]
Since the European Union and the United States on Saturday announced the lifting of their nuclear-related sanctions on Iran, members of the international community have been voicing their opinions about the historic event. The White House hailed the historic deal, saying it is the best solution available to prevent Iran from obtaining a nuclear weapon without taking military action. “Now that Iran’s actions have been verified, it can begin to receive relief from certain nuclear […]
Three Iranian-Americans arrived in Germany after leaving Tehran on Sunday in a prisoner swap that followed the lifting of most international sanctions on Iran under a deal U.S. President Barack Obama said cut off Tehran’s path to a nuclear bomb. In a sign of sustained readiness to track Iranian compliance with remaining United Nations curbs, the United States imposed fresh sanctions on 11 companies and individuals for supplying Iran’s ballistic missile program. The Obama administration […]
