Balatas Dumpsite, linalaoman na maisara bago matapos an 2017

Naglalaom an Sangguniang Panglungsod sa paagi ni VM Nelson Legacion na maisasara an Balatas Dump Site bago magtapos an taon 2017

NEDA OKs 5 multi-million projects for Bicol

At least 5 big-ticket projects in the Bicol region are part of the 55 flagship projects that the National Economic and Development Authority (NEDA) aims to complete or break ground by 2022.

Drink responsibly

Ano an pag-inom kan nakakaburat na inumon (alcoholic beverages) maraot o kasalan?

Boarding house sa Naga, target kan mga mahabon

Pinatanidan kan pulis an estudiante asin residentes digdi na dai imaging aliwalas sa saindang mga gamit sa tahaw na nagkapira nang incidente nin harabonan na an mayor na victima iyo an mga boarding houses.

Saturday, October 21, 2017

Remains of Albayano soldier who was killed in Mindanao clash arrive in Legazpi

Contributed photo

LEGAZPI CITY 10/21/17 (Bicol Standard)--A requiem mass was held today for Albayano soldier PFC Romeo Rayco who was killed in the clash in Mindanao.

Rayco, who was 28 years old, hailed from Tobog, Oas, Albay.

His remains arrived at around 2 p.m. this afternoon.

Rayco was one of the last casualties of the war in Mindanao, according to Legazpi City Mayor Noel E. Rosal.

He is the fourth casualty from Albay in the war in Mindanao.

BSP reminds public not to damage, deface money

The Bangko Sentral ng Pillipinas (BSP) reminds the public to avoid any damage on Philippine banknotes.

This after a recent video of the burning of what appears to be Philippine banknotes has come to the attention of the BSP.

Pursuant to Presidential Decree No. 247, it is unlawful to deface, mutilate, tear, burn or destroy, in any manner whatsoever, currency notes and coins issued by the BSP.

According to the BSP, any person who shall violate this Decree shall be fined in the amount of not more than P20,000 and/or be imprisoned for a period of not more than five years.

Moreover, no person or entity may put into circulation notes, coins or any other object or document, which in the opinion of the Monetary Board of the BSP might circulate as currency, as stipulated under Section 50 of the New Central Bank Act. It is also prohibited to reproduce or imitate the facsimiles of Bangko Sentral notes without prior authority from the BSP.

The BSP is authorized to investigate, make arrests, conduct searches and seizures in accordance with law, for the purpose of maintaining the integrity of the currency.

“We wish to highlight that the general public should take pride in our Philippine banknotes that honor Filipinos who played significant roles at various moments of our nation’s history as well as depict the country’s world heritage sites and iconic natural wonders. The Philippine banknotes remain a constant reminder of our ancestors’ patriotism and bravery, as well as centuries of journey for a better future for our countrymen,” the BSP states.

The Bangko Sentral enjoins the cooperation of the public in our commitment in maintaining the integrity of the Philippine currency. Any act of desecration of our Philippine currency by mutilating, defacing or burning, should be reported to the nearest police/law enforcement agencies, for appropriate action or to the Currency Issue and Integrity Office, BSP at ‎(02) 988-4833 and ‎926-5092. (BSP/RJB/JEG/PIA-NCR)


Budget Chief speaks up on doubling salaries of soldiers, cops by 2018

“The commitment is to double [military and uniformed personnel’s] salaries by January 2018. We are doing everything to honor that commitment,” Department of Budget and Management (DBM) Secretary Benjamin Diokno told reporters during a press conference on October 18.

The draft resolution containing the modified base pay schedule of military and uniformed personnel (MUP) prepared by DBM was concurred with by the Office of the President on September 20, 2017, and has already been endorsed to Congress.

“We need the approval of both houses of the Congress to implement this,” Diokno said, “because Congress has the power of the purse.”

The Resolution, if approved by both houses of Congress, will double the base pay of a Police Officer (PO) I in the Philippine National Police (PNP) or a Private in the Department of National Defense (DND), and equivalent ranks in the Bureau of Jail Management and Penology (BJMP), Bureau of Fire Protection (BFP), Philippine Public Safety College (PPSC), Philippine Coast Guard (PCG), and the National Mapping and Resource Information Authority (NAMRIA). A PO I and those with equivalent rank will enjoy a 100% increase resulting to a monthly base pay of P29,668.00. Overall, the salary adjustments will result to a 58.7% average increase for all MUP ranks, effective on January 1, 2018.

The increase in base pay will result to an increase in other allowances and bonuses that are computed as a percentage of base pay such as the longevity pay (or foggy pay) and mid-year and year-end bonuses. This will also effectively discontinue the grant of provisional and officers’ allowances, an interim measure pending the modification of the base pay schedule.

The net take-home pay will be much higher than the previous arrangement because the longevity pay, for example, will be exempted from taxes. Interim allowances, such as provisional and officers’ allowances are subjected to income tax. Tax-exempt collateral allowances (e.g., flying pay, sea duty pay, instructor’s duty pay, etc.) are expected to increase as well.

Finally, the passage of the first package of the Comprehensive Tax Reform program will further increase the net take-home pay of the MUP with the lowering of income tax rates.

According to DBM estimates, the increase in the base pay of soldiers, police, firefighters and jail guards will entail an additional cost of P63.4 billion. The increase in the compensation of the MUP will be funded by the Miscellaneous Personnel Benefits Fund (MPBF), and from any available allotment in the respective budgets of the agencies concerned. (DBM)

DAR beneficiaries told to sustain, expand livelihood projects

DAR Secretary Rosalina Bistoyong listened as ARB member Gloria Aguilar explained the strategies she will employ to sustain and expand the egg-laying chickens with egg dispersal machines project she received during the turnover ceremony on Wednesday, October 18 in Barangay Centrala, Surallah, South Cotabato. Secretary Bistoyong was joined by DAR-12 Director Nasser M. Musali (right) and other top officials of DAR in the region.

SURALLAH, South Cotabato – Beneficiaries of the government’s agrarian reform program were encouraged to develop, sustain and expand the livelihood projects that are part of the comprehensive support services they receive from the Department of Agrarian Reform (DAR).

DAR OIC Secretary Rosalina Bistoyong spearheaded the distribution of various livelihood projects to Agrarian Reform Beneficiaries (ARBs) in Barangay Centrala, Surallah, South Cotabato on Wednesday, October 18.

Bistoyong urged the beneficiaries to take care of the projects, make them sustainable to benefit the other ARBs in the area.

The distribution of livelihood projects was made possible through the joint efforts made by DAR, Pilmico Foods Corporation, a subsidiary of Aboitiz Equity Ventures and Aboitiz Foundation.

Bistoyong said the livelihood projects is the first Public Private Partnership (PPP) endeavor that DAR entered into to help ARBs augment their income.

A total of nine selected ARBs from three barangays in Surallah received egg-laying chickens with egg dispersal machines and hog dispersal kits.

“Our responsibilities do not end upon receipt of these livelihood projects. We need to ensure their sustainability to benefit the other ARBs,” she pointed out.

An increase of household income of ARBs through livelihood projects will also help end cases where awarded lands are leased or sold, Bistoyong emphasized.

The turnover ceremony was also joined by Apol B. Castro, vice president for corporate strategy and business development of Pilmico; Surallah Mayor Antonio Bendita; Director Leomides Villareal of the Public Affairs and Media Relations Service of DAR Central Office; DAR Region 12 Director Nasser M. Musali and other top DAR officials in the region.

In her message, Castro said the aim of the project is to develop and build a purpose-driven community through sustainable livelihood.

She also emphasized that support to ARBs in the area is part of the corporate social responsibility of Pilmico and Aboitiz Equity Ventures under the project “Mahalin Pagkaing Atin” which aims to support home-grown products and backyard farmers who aspire to become farmer-entrepreneurs.

Among the recipients present was Gloria Aguilar who expressed gratitude in lieu of her fellow beneficiaries.

Aguilar assured they will take care the projects, sustain and expand to elevate their way of life.

Mayor Bendita also thanked DAR and Pilmico for choosing the ARBs of Surallah as recipients of the project.

He also expressed full support to the thrusts and programs DAR to help farmers uplift their lives.


DTI eyes funding aid for startups

The Department of Trade and Industry (DTI) eyes funding support for newly-set up businesses instead of providing them with fiscal incentives.

In a press conference during the Slingshot ASEAN Friday, DTI Secretary Ramon Lopez said the agency targets to increase the available funding that can be tapped by startups to boost their businesses.

But the DTI chief is not keen on giving tax perks to startups, as funding support from the private sector is also pouring into the sector.

He added that these incentives might be abused, only to increase deductible taxes.

“Providing funds might be the better way for now,” Lopez said.

“Because if we talk of incentives, we run the risk also of that incentive might also be abused. We’re already looking a lot of guys that might just been funding and using that an excuse to increase the tax detectability. So, that’s my another immediate concern,” he said.

He said the government pushes the local startup ecosystem to flourish and to be a driver for inclusive and innovation-led growth.

For DTI alone, it already has its micro-financing program "Pondo sa Pagbabago at Pag-asenso" or P3, which provides loan with low interest rates to discourage loan sharks.

Banks and other financial institutions also offer financial services that can be tapped by startups.

In a separate interview, QBO Innovation Hub President Rene Meily told the Philippine News Agency that many foreign investors and venture capitals are looking into funding Philippine-based startups.

“There is a huge increase in the number of venture capital funds and foreign companies that interested in investing in Philippine startups. Especially in those scalable and can grow from the local market to the regional and global market,” Meily said.

“They sensed that the Philippines is a growing market by itself. In addition, there are new ideas happening here. We have so much talent, and it is really the young people coming up with this idea and they really change the way we do business here,” he added.

The Slingshot ASEAN has attracted around 20 foreign funders from New York, Australia, and Southeast Asia, looking at potentials of Philippine startups. (PNA)

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