Archive for the ‘Local Earnings’ Category

Darwin G. Amojelar
Manila Times
A “significant” gap in economic output for nearly two decades between Metro Manila and the low-income regions worsened poverty incidence in the country, a government study said Monday.
“The unequal distribution of the level of regional economic activity in the country has been apparent through the years, as majority of the economic [...]

Mayen Jaymalin
Philippine Star
Workers nationwide won’t accept nothing less than a full-year tax exemption.
The country’s largest labor group sought yesterday the nullification of the guidelines allowing only a six-month tax exemption for the estimated 1.5 million minimum wage earners nationwide.
In a 17-page petition for certiorari, prohibition and mandamus, the Trade Union Congress of the Philippines (TUCP) [...]

Philippine Star
Malacañang clarified yesterday that the year-end Christmas bonus of government employees could not be released before Nov. 15 of each year as stipulated by law.
Budget Secretary Rolando Andaya, Jr. said the existing budgetary laws prevent them from paying the year-end bonus and cash gift of government personnel before Nov. 15 even though the government [...]

Zinnia B. Dela Peña
Philippines Star
With inflation continuing to be a growing problem for the economy, only a few companies have adjusted wages as they struggle to stay alive amid a difficult environment.
A survey by leading global consulting firm Watson Wyatt Worldwide showed that around 17 percent of the total 102 respondent Philippine companies have hiked [...]

Abigail Kwok
INQUIRER.net
MANILA, Philippines — Calling government’s non-wage benefit project a “patently deceitful scheme,” a leftist labor group said government officials were clueless of the true economic situation of the country’s workers.
In a statement on Monday, Kilusang Mayo Uno (KMU, May First Movement) spokesperson Prestoline Suyat called the government misinformed when it said workers still had [...]

Philippine Star
The Department of Labor and Employment (DOLE) is pushing “non-economic” benefits to help workers cope with the continuing increase in transport fare and prices of essential commodities.
Labor Secretary Marianito Roque said the government is looking at programs that would provide workers, especially minimum wage earners, with possible sources of additional income.
“The officials of the [...]

Paolo Romero
Philippine Star
The Senate and the House of Representatives are likely to fast-track the approval of another round of salary increases for government workers through a resolution to be proposed by Malacañang next month, Budget Secretary Rolando Andaya Jr. said yesterday.
But while the one million-plus state workers are due for the third round of increases [...]

Manila Standard
The government will spend at least P5 billion in fresh subsidies and social welfare projects using collections from the value-added tax to cushion the impact of spiraling prices on the poor.
That is one of the reasons Malacañang will not heed proposals to suspend or reduce the VAT on oil products, officials said.
The Catholic Bishops [...]

Joyce Pangco Pañares
Manila Standard
About a million employees of the government can look forward to a bigger take-home pay but private sector workers are not as lucky as the Labor Department has ruled out another wage increase for them within the year.
The Executive department has proposed to Congress the third phase of salary increase for state [...]

Manila Times
The income-tax exemption for minimum-wage earners is not retroactive to the beginning of 2008, as the law will only take effect on Sunday, the Bureau of Internal Revenue (BIR) said.
In a public hearing Tuesday, Nelson Aspe, deputy commissioner, said the bureau cannot refund the income taxes from January to June this year. He added [...]