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Surigao del Sur Representative Johnny Pimentel foresees the planned state-run Maharlika Investment Fund (MIF) venturing into infrastructure development solutions, instead of merely holding passive assets such as fixed-income instruments, equities and bonds. “If we look at Indonesia, they are actually using their newly established sovereign wealth fund to attract private partners that can co-invest in […]
Vice-presidential candidate Senator Kiko Pangilinan made a push anew for ramped-up spending in agriculture to buoy activities in the sector and generate jobs. “Mahigit P5 trillion ang budget natin ngayon taon. Dapat taumbayan ang makikinabang, hindi ibubulsa ng iilan habang milyon-milyon sa ating mga kababayan ang walang makain at walang trabaho,” Pangilinan said. “Dapat maramdaman […]
Camarines Sur Representative LRay Villafuerte has called on fellow lawmakers to help boost the country’s economic reemergence by passing the proposed Balik Probinsiya, Balik Pagasa (BP2) bill that aims to boost development and create more jobs in the countryside. “I urge my colleagues in the Congress to make a final push for the passage of the Balik Probinsiya bill […]
The Department of Public Works and Highways (DPWH) is set to launch a new program that will provide assistance to individuals who lost their jobs due to the COVID-19 pandemic. DPWH Acting Secretary Roger Mercado announced the new DPWH initiative dubbed as Assistance to Youth and Unemployed for Development and Advancement (AYUDA) Program aims to […]
Despite restrictions brought by the COVID-19 pandemic, the Department of Public Works and Highways’ Build, Build, Build Program was able to provide a total of 1,482,119 jobs to Filipinos nationwide for the period of March 2020 to August 2021. “As announced before, BBB will be one of our key drivers towards economic recovery,” said DPWH […]
With the pandemic still battering the country’s employment numbers, Senator Joel Villanueva called on the government to “wring out as many jobs as possible” from the next year’s P5.02 trillion national budget. “We should be creating more jobs out of the buck. This budget should be a job generator,” Villanueva stressed. The veteran legislator said […]
Senator Joel Villanueva has welcomed Malacanang’s unveiling of its jobs plan, but said work lies ahead in translating a “Powerpoint presentation into paychecks.” “Maganda po ang layunin ng National Employment Recovery Strategy (NERS) na nakikita natin bilang isang panimulang aksyon tungo sa paglilikha ng trabaho at kabuhayan para sa ating mga manggagawa. Nagpapasalamat po tayo […]
Camarines Sur Representative LRay Villafuerte has called on Congress to do its part in stemming the continuous hemorrhage of jobs in the country by helping Malacañang fast-track the implementation of President Duterte’s Balik Probinsya, Bagong Pagasa (BP2) initiative designed to supercharge growth and create a lot of livelihood opportunities outside Metro Manila amid the prolonged Covid-19 pandemic. […]
Amid reports that many overseas Filipino workers (OFWs) remain unemployed, Camarines Sur Rep. LRay Villafuerte has stressed the urgency for Congress to pass the proposed Balik Probinsya, Balik Pagasa (BP2) law to create jobs outside Metro Manila and help convince displaced OFWs to stay and work in their home provinces or cities. Villafuerte, author of House Bill […]
The National Employment Recovery Strategy (NERS) Task Force chaired by the Department of Trade and Industry (DTI) and co-chaired by the Department of Labor and Employment (DOLE) and the Technical Education and Skills Development Authority (TESDA), which was signed recently by several agencies, will be given a big boost by the bicameral approval of the […]