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PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines) Philippines Legal Online Slots Guide Philippines BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC

BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC How do you conduct an online game? THE Philippine Drug Enforcement Agency (PDEA) disowned the operational documents currently circulating on social media showing President Ferdinand “Bongbong” Marcos Jr. as among the targets of an anti-drug operation in 2012.In a statement, PDEA said such documents were not in its Plans and Operations Reports Management Information System (Pormis).“PDEA ran a check through its Plans and Operations Reports Management Information System or Pormis and found that no such operation was logged on said date,” it said.“A critical feature of Pormis is that one cannot insert or tamper with recorded operations. All pre-operation documents are serialized and recorded in this database. This ensures the system's integrity and negates any doubt on the data the system contains,” it added.The agency cautioned the public to be more careful in believing such “fake news,” noting that such documents can be generated through artificial intelligence.The documents include an Authority to Operate and a Pre-Operation Report, both dated March 11, 2012 allegedly issued by PDEA.Marcos was among the targets as stated in the pre-operation report along with some unidentified male and female cohorts.It was stated in the document that there was information that the target personalities were “frequently using illegal drugs” inside a condominium unit in Makati City. (TPM/SunStar Philippines)

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THE Philippine Drug Enforcement Agency (PDEA) disowned the operational documents currently circulating on social media showing President Ferdinand “Bongbong” Marcos Jr. as among the targets of an anti-drug operation in 2012.In a statement, PDEA said such documents were not in its Plans and Operations Reports Management Information System (Pormis).“PDEA ran a check through its Plans and Operations Reports Management Information System or Pormis and found that no such operation was logged on said date,” it said.“A critical feature of Pormis is that one cannot insert or tamper with recorded operations. All pre-operation documents are serialized and recorded in this database. This ensures the system's integrity and negates any doubt on the data the system contains,” it added.The agency cautioned the public to be more careful in believing such “fake news,” noting that such documents can be generated through artificial intelligence.The documents include an Authority to Operate and a Pre-Operation Report, both dated March 11, 2012 allegedly issued by PDEA.Marcos was among the targets as stated in the pre-operation report along with some unidentified male and female cohorts.It was stated in the document that there was information that the target personalities were “frequently using illegal drugs” inside a condominium unit in Makati City. (TPM/SunStar Philippines) How do you conduct an online game? PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines)

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PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines), About BingoPlus. Since 2019 there has been a BingoPlus Online available. 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BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC Philippines Legal Online Slots Guide. here is how to register at an online casino site in the Philippines:

PRESIDENT Ferdinand Marcos Jr. will bring home $4 billion, or P220 billion worth of investment deals from his visit to Germany.On Tuesday, March 12, 2024, the Department of Trade and Industry held the Philippine-Germany business forum in Berlin where eight different types of agreements, three letters of intent (LOI) from different German companies, two memoranda of agreement (MOA), and three memoranda of understanding (MOU), covering various sectors, were signed.The LOIs were for the development of a partner hospital to become a training center to support the training needs of other lower tier hospitals, Innovation Think Tank (ITT) hub and “spoke model” to address the strategic target of an inclusive innovation ecosystem in the Philippines, and for the strategic and digital partnership in healthcare with the Department of Health (DOH) with the goal of revolutionizing healthcare in the Philippines, ensuring safety, quality, accessibility and affordability.Through a memorandum of agreement the Philippine government and a German company will embark into a Public Private Partnership to rehabilitate, reclaim, and recultivate degraded farm lands in the Philippines, while another MOA is aimed at expanding potential collaborations in mobility solutions, software services, manufacturing, factory automation, logistics services, energy, security, safety systems for buildings, consumer appliances, and healthcare.Marcos also witnessed the signing of MOU for the establishment of fully integrated solar cell manufacturing facility in the country, manufacturing facility that will modify automobiles into high-end 1 of 1 version and armor protected cars, as well as manufacture military grade armored personnel carriers for the Asian market and data centers that will host a digital insurance platform that will serve the Philippines and Asean region as the group’s main expansion outside of the European Union.In his speech, Marcos expressed gratitude to the German business leaders for participating in the event.He touted the Philippines as the “best choice for investments,” as he reiterated his administration’s commitment to ensure efficient support to foreign investors through purposeful reforms of key legislative amendments.“Together with you as our strategic partner, we can make these investments happen in the Philippines. I invite esteemed German business leaders to continue to keep in mind the Philippines as a reliable partner that can support your market expansion and your operations,” he said.“We prioritize the ease of doing business, exemplified by efforts to simplify tax payments and to streamline regulations, showcasing our unwavering support for businesses,” he added.Marcos noted the amendments to the Public Service Act (PSA), Foreign Investments Act (FIA), Retail Trade Liberalization Act (RTLA), and Renewable Energy (RE) Act, which “mark a new era for strategic investments.”He added the streamlined business registration, infrastructure development and the Comprehensive Tax Reform Program (Create Act), which made the Philippines one of the fastest-growing economies in Asia.The President also highlighted other government efforts such as the overhaul of fiscal incentive structures and responsive policies and the public-private partnership (PPPs), which all play pivotal roles in promoting private sector participation.Marcos also cited the establishment of the Maharlika Investment Fund, “which underscores the government’s dedication to financing priority projects and driving socioeconomic impact.”The chief executive also said that the Philippines is turning to Germany to further foster strong business partnerships and collaboration particularly in renewable energy being European Union’s biggest economy both in Gross Domestic Products and population and a global force in technology and innovation.He said he is always elated by the interest of German companies to support the country’s commitment to sustainability and climate resiliency.“To further support these investments, we have put in place several energy transition policies including investment enablers designed to incentivize energy efficiency,” said Marcos.“We are also working on developing programs that will support and facilitate the efforts to decarbonize our economy. I have high hopes that we can welcome the opportunity for greater cooperation on climate change and energy transition,” he added.He noted that the Philippines is positioning itself as a regional hub for smart and sustainable manufacturing by attracting sustainability-driven strategic investments powered by renewable energy.Marcos said the country recognizes that there are complementarities to be explored in critical minerals, and it is open to having a dedicated dialogue with German companies on the sustainable processing of green metals to be supported by strong adherence to high labor and environmental standards.With the recent global challenges, the President underscored the dangers of limited sourcing, or concentrating supplies in a single country, as he urged for the urgent need to diversify production locations and explore alternative materials to de-risk and minimize disruptions in supply chains.“Moreover, the transition to a low-carbon or net-zero scenario has further propelled the de-risking trend,” Marcos said.“The Philippines and Germany both have aspirations for de-risked and diversified production and market value chains, which future-proofs our economies from the geo-political vagaries of our times,” he added.Marcos also expressed gratitude to the Filipino community in Berlin for their unwavering support as they contributed to the government’s efforts to secure foreign investments through their invaluable work.“You are the envoys, para kayong mga ambassador lahat ng ating kultura. You exemplify the values of family, faith, honesty, hard work, compassion, and solidarity wherever you go,” Marcos told the Filipino community gathering.“Your presence in host countries fosters, hindi lamang dito sa Germany kundi lahat ng ating mga kababayan na nagtatrabaho sa iba’t-ibang bansa at -- the host countries foster goodwill and understanding. It strengthens the bonds between our two nations. It enriches the global community,” he added.Marcos vowed that his administration will continue to work hard and match their contributions by reforms and programs under the “Bagong Pilipinas” agenda.Marcos was the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of the Philippine-Germany diplomatic relations. (TPM/SunStar Philippines) How do you conduct an online game? . 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BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC licensed online casinos THE Philippine Drug Enforcement Agency (PDEA) disowned the operational documents currently circulating on social media showing President Ferdinand “Bongbong” Marcos Jr. as among the targets of an anti-drug operation in 2012.In a statement, PDEA said such documents were not in its Plans and Operations Reports Management Information System (Pormis).“PDEA ran a check through its Plans and Operations Reports Management Information System or Pormis and found that no such operation was logged on said date,” it said.“A critical feature of Pormis is that one cannot insert or tamper with recorded operations. All pre-operation documents are serialized and recorded in this database. This ensures the system's integrity and negates any doubt on the data the system contains,” it added.The agency cautioned the public to be more careful in believing such “fake news,” noting that such documents can be generated through artificial intelligence.The documents include an Authority to Operate and a Pre-Operation Report, both dated March 11, 2012 allegedly issued by PDEA.Marcos was among the targets as stated in the pre-operation report along with some unidentified male and female cohorts.It was stated in the document that there was information that the target personalities were “frequently using illegal drugs” inside a condominium unit in Makati City. (TPM/SunStar Philippines)

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BUSINESS chambers in the Visayas have teamed up to express their strong opposition to the legislated and across-the-board wage hike. In a joint position paper signed by the heads of 22 local chambers across three regions — namely, the Philippine Chamber of Commerce and Industry (PCCI) Western Visayas, PCCI Central Visayas, and PCCI Eastern Visayas, collectively known as One Visayas, the business groups expressed their unified stance against the passage of Senate Bill (SB) 2534, also known as the P100 Daily Minimum Wage Increase Act of 2023.“We believe that the proposed legislated increase infringes the mandated role of the Regional Tripartite Wages and Productivity Board to determine minimum wage increases and is excessive, oppressive and confiscatory and it will “do more harm than good” to informal workers -- from farmers to vendors to gig workers -- and micro and small-sized enterprises which make up 95 percent of all enterprises in the country,” the group said. The position paper was signed on Feb. 16, 2024, and was sent to the Senate and the House of Representatives. According to Melanie Ng, area vice president for PCCI Visayas, they’ve submitted to each representative in the Visayas a copy of their position paper and they’ve started talking to them one by one. “This appeal is made with utmost intention towards a balanced approach that considers the needs of both workers and businesses to maintain a healthy and sustainable economy not just in Visayas but of the country,” the business groups said. SB 2534 was approved on third and final reading by the Senate on Feb. 19, with 20 affirmative votes and no negative votes or abstentions.Co-author and co-sponsor Sen. Christopher “Bong” Go, in a speech explaining his affirmative vote, underscored the measure’s primary objective, which is to provide Filipino workers with a living wage that not only meets their basic needs but also safeguards them from the grips of poverty.The House of Representatives has yet to pass a counterpart bill on the legislated wage hike. A bill becomes a law in the Philippines when it is approved by both houses of Congress and the President.The Visayas business groups said they are “adopting the recommendations stated in the joint position paper of the major business groups led by the PCCI to adopt a ‘more comprehensive approach’ in addressing economic inequality instead of focusing solely on wage increases.”The Manila-based business groups also wrote to the Senate on Feb. 14 expressing their opposition to the P100 wage hike. “While we recognize the importance of ensuring that workers receive fair compensation for their labor, however, we also put into consideration the challenges that businesses face in the economic environment,” the joint position paper reads. Instead of the across-the-board wage hike, the business groups in the Visayas recommends that the government should prioritize expanding economic activities and attracting investments to complement labor and local productivity. This can be achieved through innovative investment promotion strategies and efforts to enhance the ease of doing business nationwide. “By attracting both foreign and local direct investments, we can generate more job opportunities and stimulate economic growth that is inclusive,” they said. They also suggest that the government must proactively address inflationary pressures, particularly regarding the prices of basic goods and services, high utility costs (especially power and water), fuel prices and the importation of goods. It is also crucial to boost the agricultural value chain and develop new agri-aqua technologies to improve productivity and reduce dependency on imports. Additionally, the government can enact safety nets to protect labor from exploitation and ensure fair wages.The business groups added that an industry-driven wage hike is more realistic.“The government should consider creating a regional industry wage board that will consider the economic situation of each company, large, medium or small, and the wherewithal and resources in line with respective performance. Or support a Collective Bargaining Agreement type of solution per sector,” they said. Earlier, Nagkaisa, a coalition of labor centers, federations and national unions, said the Senate’s move is a “good starting point” in reforming the mechanism governing wage determination in the country. / KOC Philippines Legal Online Slots Guide

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