With the COVID-19 pandemic, along with the panic and anxiety it has caused, almost all people have exhausted their financial resources to buying, storing, and maintaining necessities.
Here’s everything you need to know about the transition of the Philippines from Enhanced Community Quarantine (ECQ) to Modified Enhanced Community Quarantine (MECQ), General Community Quarantine (GCQ) to Modified General Community Quarantine (MGCQ), sectors allowed, and other implemented measures.
The whole country is now put into a test. As the Philippine government exerts effort to fight the spread of COVID-19, nearly all companies in Metro Manila are under work from home and flexible work arrangements.
The COVID-19 Adjustment Measures Program (CAMP) of the Department of Labor and Employment (DOLE) is a one-time assistance amounting to P5,000 for workers of private companies who had salary deductions or temporary suspensions during the Enhanced Community Quarantine (ECQ) period in the Philippines due to the COVID-19 pandemic.
In 2019, Congress passed into law Republic Act No. 11210, otherwise known as the “105-Day Expanded Maternity Leave Law”.
The Department of Social Welfare and Development (DSWD) led the signing of the Implementing Rules and Regulations (IRR) of Republic Act No. 11310, or the Pantawid Pamilyang Pilipino Program (4Ps) Act of 2019, together with representatives from eight partner agencies on Monday last week, December 9.
The Department of Finance (DOF) on Monday, November 18, disproved an opinion by the Office of the Solicitor General (OSG) stating that Philippine Offshore Gaming Operations (POGOs) cannot be taxed by the government.
The Bangko Sentral ng Pilipinas (BSP) signed a deal with the Philippine Statistics Authority (PSA) to subsidize the production and distribution of blank cards for the Philippine Identification System (PhilSys) or the country’s national ID scheme, in hopes of growing financial inclusivity among Filipinos by reducing the documents required to open bank accounts.
President Rodrigo R. Duterte has signed into law Republic Act No.11448, or the Transnational Higher Education Act, granting Foreign Higher Education Institutions (FHEIs) the opportunity to establish institutional services in the Philippines and collaborate with local universities.
The Department of Trade and Industry (DTI) is proposing the early release of at least 20% of the annual budget of a new law, Republic Act 11293 or the Philippine Innovation Act, to be used as revolving fund for the agency’s efforts next year in assisting micro, small and medium enterprises (MSMEs) with helping the poor and marginalized through tech innovation.