CASH TRANSFER programs were able to “effectively” protect typhoon-affected households from falling into extreme poverty, according to a study by the World Bank. “In the aftermath of Typhoon Yolanda (international name: Haiyan) in the Philippines, the country’s 4Ps program proved to be an effective protection against extreme poverty. It was also shown that it raised […]
Tag: transfer
Congressman: P3-B wifi budget illegally moved to MMDA
AT LEAST P3 billion in public funds was illegally transferred to the Metro Manila Development Authority (MMDA) to finance its free wifi project without congressional consent, according to a lawmaker. MMDA later bid out a P1.1-billion project for the capital region’s fiber optic backbone development, Northern Samar Rep. Paul R. Daza told a House of […]
IT-BPM shift to WFH: Issues and questions
Among the many things that the pandemic taught us is the ability to work efficiently at home. We have discovered the joys and challenges of just rolling out of bed and barely combing our hair to join our early morning Teams or Zoom call. The ability to work without the horrendous sacrifice of sitting in […]
What’s #TRENDING? Understanding and documenting industry analysis
In our last article on the fundamentals of entity characterization in transfer pricing documentation (TPD), we highlighted the concept that our knowledge of the nature of a particular business determines the entity characterization and in turn, the entity characterization influences the direction and tone of the TPD as well as setting the direction in having […]
Failure of cash aid program reflects noninclusive growth — political analysts
POLITICAL analysts at the weekend cited the government’s failure to make economic growth inclusive, citing state data that showed 90% of beneficiaries of its conditional cash transfer program remained below the poverty line. “This situation is more a reflection of the failure of the country’s unprecedented economic growth to translate into real economic gains in […]
Fundamentals of entity characterization in TPD
How much do you know about your family member, friend, colleague, or significant other? Is your characterization of a person reflective of his or her real character? Does your characterization of a person affect how you deal with the person? These same questions apply in business, particularly in the context of transfer pricing. Your knowledge […]
Gov’t releases P4.13B for cash transfer program
THE second tranche of the Targeted Cash Transfer (TCT) program has been released to the Department of Social Welfare and Development (DSWD) for distribution, the Departments of Finance (DoF) and Budget and Management (DBM) said. The program is intended to address the impact of rising prices on vulnerable households, according to statements issued by both […]
Over 200 vendors transfer to interim market in Carbon
MORE than 200 of the 700 stall owners in Warwick Barracks and Freedom Park in the Carbon Public Market complex have transferred to the interim market.Market Administrator Raquel Arce said those vendors who transferred to the interim market have the privilege to choose their new stalls.Arce said the interim market stalls allocated for vendors who […]
EMB 7 shuts down Inayawan transfer station
THE Environmental Management Bureau (EMB) in Central Visayas served on Wednesday, July 7, 2021, a cease and desist order against RMI Solid Waste Management and Hauling Services, effectively shutting down the Inayawan waste transfer station, where a 10.8-meter-high pile of trash has accumulated. RMI, which operates the transfer station, was given 15 days to pay […]
Bea Alonzo embraces being a Kapuso
Recently, GMA Network teased on its social media platforms that a veteran award-winning actress would be joining its line-up of top-tier talents. On July 1, the network revealed through a digital media conference that Bea Alonzo had officially inked a contract with them. Her network transfer was bold and shocking news to the showbiz industry […]
Cebu City sees no reason to end Docast contract
CEBU City Administrator Floro Casas Jr. on Friday, July 2, 2021, said Docast Construction will be allowed to fulfill its contract to collect and dispose of garbage. “We do not see a reason to terminate (the contract). Unless there’s a compelling reason to terminate, we will not,” Casas said. The Cebu City Council, which is […]
EXPLAINER: Stench at Inayawan transfer site, squabble over fees due to Binaliw landfill. ‘Beyond comprehension,’ Rama says. Watch if City Hall could handle the mess.
EMERGENCY OR CALAMITY. At a press-con Saturday, June 26, Cebu City Acting Mayor Michael Rama reported the situation at the garbage transfer site in Barangay Inayawan, thus: “Piles of garbage can be found everywhere and the stench is unbearable.” It is “beyond comprehension,” Rama said. Worrying over distressed residents in 6,000 barangay households, Rama wanted […]
City mulls placing Inayawan under state of emergency over transfer station stench
CEBU City is currently facing two major concerns: the existing coronavirus pandemic and the perennial problem of garbage. Since Aljory Waste Management Solutions/Docast, which the City hired to haul garbage, has been barred from dumping garbage at the landfill in Barangay Binaliw until it pays the P17.6 million it owes ARN Central Waste Management Inc., […]
NPC touts advantages of privacy certification
THE National Privacy Commission (NPC) said it will be rolling out a voluntary certification scheme to monitor companies’ compliance with international privacy standards. Privacy Commissioner Raymund E. Liboro said that companies’ data privacy representatives should invest in earning certifications and seals of approval from the commission. The NPC in a statement Monday said it will […]
DENSO Transfers Its Aftermarket and Non-automotive Business to DENSO Solution
KARIYA, JAPAN, Apr 7, 2021 – (JCN Newswire via SEAPRWire.com) – DENSO Corporation today announced that on July 1, 2021, it will transfer its aftermarket and non-automotive products organization to DENSO Solution Japan Corporation, which at the same time will be renamed DENSO Solution Corporation. The transfer will include product planning, development and aftersales service […]
Signing of Agreement to Transfer Shares of MUL and HCC to MC
TOKYO, Mar 19, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) is pleased to announce its signing today of a share-transfer agreement with Mitsubishi UFJ Financial Group, Inc. (MUFJ) and MUFG Bank, Ltd. (MUFG Bank). Under the terms of the agreement, MUFG and MUFG Bank will transfer to MC some of their shares […]