Day: September 17, 2024

The Department of Social Welfare and Development (DSWD) in Bicol reported on Tuesday a total of PHP90.3 million in financial aid to thousands of minimum wage earners under the Ayuda sa Kapos ang Kita Program (AKAP) during the recent ‘Handog ng Pangulo: Serbisyong Sapat Para sa Lahat’ event, marking the 67th birthday of President Ferdinand ‘Bongbong’ Marcos Jr. Leslie Benbing, DSWD-Bicol crisis intervention section information officer, said at least 18,078 beneficiaries from the six provinces of the region received PHP5,000 each. The number of beneficiaries per province was: Albay — 5,664; Sorsogon — 1,801; Masbate — 2,824; Catanduanes — 1,000;

The Department of Labor and Employment (DOLE) has so far released over PHP2.76 billion for the implementation of emergency employment and integrated livelihood program in Western Visayas under the administration of President Ferdinand R. Marcos Jr. Officer-in-charge Assistant Director for Western Visayas Melisa Navarra said during the Kapihan sa Bagong Pilipinas here on Tuesday that DOLE’s integrated livelihood program (DILP) benefits the vulnerable, marginalized and displaced workers sectors. ‘This program extends provisions depending on the needs of individuals or groups. Vulnerable workers are those with no formal work arrangement, mostly in informal areas, while marginalized groups are those lacking education,

The Department of Labor and Employment in Davao Region (DOLE-11) has disbursed over PHP3.5 billion through its Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program, benefiting 591,107 individuals since 2022, an official said Tuesday. During the “Kapihan sa Bagong Pilipinas” forum here, DOLE-11 Assistant Director Jason Balais said the program provided temporary wage employment to assist disadvantaged workers with their daily needs. ‘The disbursement covers the whole of 2022 and the first half of 2024, with two years of implementation under President Ferdinand Marcos Jr.’s administration,’ Balais said. Balais added that the region anticipates continued TUPAD assistance next year but

Manila: The Bureau of the Treasury (BTr) fully awarded the reissued 10-year Treasury bonds (T-bonds) on Tuesday. With a remaining term of nine years and four months, the T-bond fetched an average rate of 5.967 percent, lower than both its previous reissuance and the prevailing secondary market rate. “The 10-year Treasury bond average auction yield eased to 5.967 percent, lower versus the comparable 10-year PHP BVAL yield of 6.06 percent as of September 16, 2024,” Rizal Commercial Banking Corporation chief economist Michael Ricafort said in a Viber message. Ricafort said the auction yield was also from the previous 10-year T-bond

Manila: The Philippine National Police (PNP) is fine-tuning the charges for inciting to sedition against supporters of jailed Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy. In a radio interview Tuesday, Police Regional Office-Davao Region (PRO-11) Director Brig. Gen. Nicolas Torre III said the sedition charges will be filed against those who staged a rally at the start of the police search for Quiboloy inside the KOJC compound in Davao City. “May mga lista kami nung mga personalities na ‘yan. Kapag sinabi ko mga pangalan actually mga kilala nyo. Mahigit sampu ‘yun (We have a list of those personalities. If