President Marcos says special powers not needed to curb inflation

In recent times, inflation has been strong in the Philippines and no less than the Bangko Sentral ng Pilipinas (BSP) confirmed this as it made its February 2023 inflation forecast. In relation to the high inflation, President Ferdinand “Bongbong” Marcos stressed that special powers are not needed to combat inflation, according to a news article by the Philippine News Agency (PNA).

To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…

There is no need to ask for special powers to ease inflation, President Ferdinand R. Marcos Jr. said Wednesday, noting that several interventions are already in place to manage the prices of basic commodities.

Marcos made the remark a day after the Bangko Sentral ng Pilipinas (BSP) reported that the country’s headline inflation could surpass the 9 percent level in February because of high prices of cooking gas and key food items.

I do not think that it is necessary to ask for special powers,” he said in a chance interview on the sidelines of an event at the Rizal Park, when asked if he is considering asking Congress to grant him special powers to curb inflation.

I already have the power to declare an emergency and to control the prices of commodities. So, I don’t think there’s any need for more than that. That is efficient,” he added.

On Tuesday, the BSP said the inflation rate in February may fall within the range of 8.5 to 9.3 percent, citing the upside risks from higher prices of cooking gas and food items such as pork, fish, egg, and sugar.

Despite the BSP’s latest forecast, Marcos remained bullish that consumer prices would go down, saying his administration is exhausting all efforts to boost the supply of agricultural products.

“The other elements of inflation hindi natin masyado ma-control, kaya meron tayong ginagawang ganito para makabawi naman doon sa pagtaas ng presyo (We could not control the other elements of inflation, that’s why we are making a way to address the rise in prices of basic commodities),” he said.

Several lawmakers, including House Speaker Martin Romualdez, have expressed openness to granting Marcos special powers to curtail inflation.

In January, inflation accelerated further to 8.7 percent from 8.1 percent posted in December 2022.

Let me end this piece by asking you readers: What is your reaction to this recent development? Are you confident that the national authorities have what it takes to ease inflation without granting the President special powers? Do you see the current inflation as a temporary problem or as a longer lasting problem?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Alleged ghost employees within the Parañaque City Government an issue

Recently in the City of Parañaque, the issue of so-called ghost employees was raised as the City Government moved to review personnel records to find them and determine where exactly the funds from the city budget went, according to a Manila Bulletin news report.

To put things in perspective, posted below is the excerpt from the Manila Bulletin news report. Some parts in boldface…

The Parañaque city government will conduct a thorough review of personnel records to weed out “ghost employees” who have been eating a huge portion of the city’s budget.

Mayor Eric Olivarez ordered on Sunday, Jan 29, the review after noticing discrepancies in the number of personnel being reported by the Human Resource Management Office and different departments, as well as in the records of the City Budget Office.

Olivarez said the personnel review will be conducted by a committee to be headed by the city administrator, Atty. Voltaire dela Cruz.

We suspect that this racket has probably been going on for a long time, perhaps decades,” said Olivarez.

The mayor said he became suspicious because when he assumed office, he was told that there are more than 8,000 city hall employees.

The number was later reduced to around 7,600, but no final number has been submitted to him up to now.

Olivarez said he became curious after all the department heads were ordered to submit the list of their employees who are physically working.

The city government then observed a noticeable increase in the number of supposed employees who have voluntary dropped from the rolls.

The mayor added that when he assumed the post only last July, after serving as congressman for nine years and, before that, as city councilor, he ordered all workers to remain in their posts, and that no rank-and-file employees were terminated as a show of goodwill and to establish a healthy working relationship.

This year, however, he decided to order all offices and departments to submit their personnel list to reduce redundancies and trim bureaucratic fat so that more resources can be allocated to other programs and services that will directly benefit the constituents.

“It turns out that we found a lot of discrepancies, so we decided to find out the truth because this is our responsibility to our people,” he said.

Let me end this piece by asking you readers: What do you think about this recent development? Do you think that the City Government really has a lot of so-called ghost employees? How much money from the City Government’s budget do you think went to those ghost employees? What do you think caused ghost employees in the first place? Do you think this could become a major crisis for Parañaque?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco/.

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

NCAP for Metro Manila traffic violations cannot be implemented yet

As the Supreme Court here in the Philippines has yet to make a final decision about the legality of the No-Contact Apprehension Policy (NCAP), the local government units (LGUs) of Metro Manila cannot implement the said policy yet when it comes to traffic violations, the Manila Bulletin reported. Take note that the SC issued a temporary restraining order (TRO) against NCAP in August 2022.

To put things in perspective, posted below is the excerpt from the Manila Bulletin news report. Some parts in boldface…

Local government units (LGUs) in Metro Manila cannot implement the no-contact apprehension policy (NCA) for traffic violations while the two petitions challenging the policy’s alleged unconstitutionality are still pending with the Supreme Court (SC).

The SC issued on Aug. 30, 2022 a temporary restraining order (TRO) against NCAP and the order is enforceable until further orders from the High Court.

The SC wrapped up early tonight, Jan. 24, the legal debates on the two petitions. The first oral arguments were held last Dec. 6.

After the oral arguments, the parties to the cases were given a non-extendible period of 30 days from Jan. 24 to file their respective memorandum in amplification the issues tackled during the debates.

Given the complexities of the issues involved in the NCAP – modes of implementation like systems and mechanics, alleged exorbitant penalties for traffic violations, alleged violations of due process like pay first before complaining, and issues on privacy rights, among other things – the SC – legal quarters said – is not expected to resolve the petitions immediately after the 30-day period to file memoranda.

There were two petitions against the alleged unconstitutionality of NCAP which utilizes closed-circuit television and digital cameras to identify and apprehend traffic violators through videos and images of their violations.

Once a violation is detected and the plate number of the vehicle is recorded, the local government unit issues traffic citation tickets and mail them directly to the vehicle’s registered owner. Data on ownership of the vehicle is obtained from the Land Transportation Office (LTO).

Non-payment of fines within seven days would mean the subject vehicle cannot be re-registered by the owner.

NCAP in Metro Manila is operated by a private firm, QPAX Traffic Systems, Inc., which gets a share ranging from 60 to 70 percent of the total amount of fines collected by the LGUs for traffic violations.

In one LGU in Metro Manila alone, the SC was told that the city government had collected close to P200 million in traffic violation penalties before the enforcement of NCAP was stopped. Of the amount 65 percent had been remitted to QPAX which was reported to have invested only about P50 million for NCAP devices and equipment in that city.

The first petition was filed by the Kilusan sa Pagbabago ng Industriya ng Transportasyon, Inc. (KAPIT), Pangkalahatang Saggunian Manila and Suburbs Drivers Association Nationwide (Pasang-Masda), Alliance of Transport Operators and Drivers Association of the Philippines (ALTODAP), and Alliance of Concerned Transport Organization (ACTO).

They told the SC the implementation of NCAP is unconstitutional and thus invalid.

At the time the first petition was filed, the NCAP was being implemented in Metro Manila by the local governments of Quezon City, Manila, Valenzuela City, Muntinlupa City, and Parañaque City through their ordinances based on the 2016 resolution of the Metropolitan Manila Development Authority (MMDA) which ordered the re-implementation of NCAP.

The second petition was filed by lawyer Juman B. Paa who also pleaded for the issuance of a TRO against the NCAP being implemented in the City of Manila.

In his petition, Paa asked the SC to declare unconstitutional Manila City Ordinance No. 8676, series of 2020, on NCAP.

He said the Manila Traffic and Parking Bureau (MTPB) has access to the database of the LTO relative to the details of the vehicle, including the name of the owner and address.

Paa said that “if a private company is performing the function of the MTPB, their access to the close circuit television (CCTV) footage might be used for other purposes like surveillance of a particular person thus exposing citizens to risks against safety and privacy.

Solicitor General Menardo I. Guevarra said that “while NCAP cameras capture vehicle images that violate traffic rules and regulations, they are neither designed to capture, nor are these cameras capable of obtaining, facial recognition images of the drivers.”

“This fact attenuates and weakens petitioners’ claim of violation of their right to privacy,” Guevarra said.

“More importantly, the sharing by the Land Transportation Office of vehicle registration data with the local governments involves information necessary to carry out functions of public authorities,” he said.

“It is therefore a sharing of personal information which is expressly excluded from the coverage of the Data Privacy Act under Republic Act No. 10173,” he stressed.

Let me end this piece by asking you readers: What is your reaction to this new development? Do you believe that the NCAP is very prone to abuse by the LGUs? Do you believe that the LGUs want to use NCAP to easily raise funds? Do you believe that NCAP actually helps solve traffic problems and helps discipline motorists? Do you think Parañaque City is a good example of a city that implemented the NCAP? Do you believe that NCAP violates a motorist’s privacy in relation to the collection of personal and vehicular data? Did you pay close attention on how your city mayor reacted whenever the NCAP gets challenged?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco/.

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Last tranche of salary increase for Muntinlupa City government employees announced

In the progressive City of Muntinlupa, Mayor Ruffy Biazon announced the last tranche of salary increases for City Government employees, according to a Manila Bulletin news report. The raise of the salaries is in accordance to law and it will take effect very soon.

To put things in perspective, posted below is the excerpt from the Manila Bulletin news report. Some parts in boldface…

Muntinlupa Mayor Ruffy Biazon announced on Jan. 23 that city government employees will get their salary increases by the end of the month.

This is based on Republic Act 11466 or the Salary Standardization Law of 2019.

The fourth and last tranche of the salary increases for qualified government employees took effect on Jan. 1, according to the Department of Budget and Management (DBM). The first tranche of the salary increase took effect on Jan. 1, 2020.

“Good news para po sa kawani ng pamahalaan. Pagdating po ng katapusan ng buwang ito ay pai-implement na ang fourth tranche ng Salary Standardization Law (Good newas for employees of the government. By the end of this month, the fourth tranche of the Salary Standardization Law will be implemented),” said Biazon during the flag raising ceremony at the Muntinlupa City hall on Jan. 23.

Under RA 11466, the monthly salary of a government employee under Salary Grade 1 will increase to P13,000 (under Step 1 level) in the fourth tranche compared to P11,551 in the first tranche.

The government recognizes the indispensable role of its dedicated personnel in serving our beloved country. We are firmly committed to help them amidst rising prices of goods and services. We hope this latest salary increase will cushion the impact of inflation,” said Budget Secretary Amenah Pangandaman.

According to DBM, RA 11466 covers all positions for civilian personnel, whether regular, casual, or contractual in nature, appointive or elective, full-time or part-time, now existing or created in the executive, legislative, and judicial branches; constitutional commissions and other constitutional offices; state universities and colleges (SUCs); and government-owned or controlled corporations (GOCCs) not covered by RA 10149.

The law also applies to all positions for salaried LGU personnel, whether regular, contractual or casual in nature, elective or appointive; on full-time or part-time basis, now existing or thereafter created in LGUs, and all positions for barangay personnel which are paid monthly honoraria, the DBM added.

Excluded under the law are those engaged without employer-employee relationship and funded from non-Personnel Services (PS) appropriations/budgets.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? As a local resident, do you think the salary hike for City Government employees is justified?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Philippine government sees economy growing around 6.5% for 2023

Even though HSBC and the World Bank revealed their own 2023 economic growth forecasts for the Philippines to be below 6%, the national government still sees the economy growing around 6.5% this year, according to a recent Manila Bulletin news report.

To put things in perspective, posted below is the excerpt from the Manila Bulletin news report. Some parts in boldface…

The Philippine government expects a strong full-year gross domestic product (GDP) growth for 2022, most likely much faster than its growth target of 6.5 to 7.5 percent, Department of Finance (DOF) Secretary Benjamin Diokno said here on Jan. 16 (Switzerland time).

Diokno said this during a Monday luncheon hosted for President Ferdinand “Bongbong” Marcos Jr. and Philippine chief executive officers (CEOs) in Davos, Switzerland.

In addition, Diokno said the Philippine economy is seen to “grow by around 6.5 percent this year” due to the expected slowdown of the global economy.

“And that’s still one of the highest, if not the highest, growth projection in the Asia-Pacific Region,” he said.

According to Diokno, the country’s bustling manufacturing sector, record-low unemployment, and stable and resilient banking system can alleviate buffers against external headwinds, all indicating a resilient economy.

Further, opening economic sectors to foreign equity, improving the ease of doing business, and allowing modern transformative industries to take root and grow will sustain the economy.

At the same time, the Finance chief said the Marcos government has created a more competitive and enabling environment through public-private partnership (PPP) to expand further the Build, Better, More infrastructure agenda of the administration.

Diokno said this would further boost investments on top of the government’s goal to spend at least five to six percent of GDP on infrastructure, stressing all these form the backbone for the rapid and sustained growth of the Philippines.

But because of the current challenges, he said the Philippines is taking the first steps toward launching the Maharlika Investment Fund, the country’s first-ever sovereign wealth fund that will support the goals set by the administration in the Philippine Development Plan 2023-2028.

Let me end this piece by asking you readers: What is your reaction to this new development? Do you believe that the Philippines’ economic fundamentals are strong enough to keep the economy growing around 6.5% this year? Do you think that the tourism industry alone will be a major driving force of economic growth and earning foreign currency? Apart from the announced Maharlika Investment Fund (sovereign wealth fund) new economic initiatives do you want to see from President Ferdinand “Bongbong” Marcos, Jr.?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco/.

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Marcos reiterates vow to upgrade Philippine transport system

Recently, Philippine President Ferdinand “Bongbong” Marcos, Jr., reiterated his vow to improve the transport system of the entire nation which can benefit many people who need to travel, according to a Philippine News Agency (PNA) news article. This is similar to what his predecessor declared before.

To put things in perspective, posted below is the excerpt from the PNA article. Some parts in boldface…

President Ferdinand R. Marcos Jr. on Monday reiterated his vow to continue upgrading the country’s transport system to relieve commuters of their daily ordeal due to traffic congestion.

We will continue to invest and improve our transportation system as well as pursue more projects in the years to come so that Filipinos can gain greater access to places of work, commerce, recreation, and other vital areas,” Marcos said in his speech during the launch of the Metro Manila Subway Project’s (MMSP) tunnel boring machine (TBM) at its depot in Barangay Ugong, Valenzuela City.

Having an effective and efficient transportation system will have multiplier effects on employment, the economy, our society, it will bring comfort, convenience, an easier life for all,” he added.

Marcos said developments on the country’s first subway system in the country allow Filipinos to look forward to “better days” as it would also spur economic development and job creation.

He thanked both the public and private sectors for working to ensure the realization of what he described as an “ambitious” endeavor.

In particular, he expressed gratitude to the Japanese government and the Japan International Cooperation Agency (JICA) for being active partners in the fulfillment of the Philippine infrastructure program.

According to Marcos, the Philippines would not have fulfilled its many infrastructure projects without the assistance of JICA.

This tunnel boring machine highlights Japan’s expertise and technology and trailblazing contributions in the modern world and thus I am confident that they will help us shape our railway infrastructure and keep them at par with the highest international standards,” he said.

He acknowledged the joint venture of Filipino and Japanese companies for working with the Philippine government on the Metro Manila Subway Projects Contract Package 101 and expressed hope it would be completed on time.

“I hope that both of you and the DOTR will not waiver on your commitment to finish the contract package by the end of 2027 to ensure that Filipinos will get to enjoy the project at the soonest possible time,” he said.

Marcos likewise sought their continued patience, trust, and support, especially as big-ticket projects take years to complete.

“…Let the launching of this tunnel boring machine become a testament to this administration’s commitment to continue to projects of the previous administration and more importantly build better more,” he added.

He also described the launch of the TBM as “a very apt beginning” for a year with renewed vigor and commitment to his administration’s mission to improve the lives of Filipinos.

“We also gain inspiration from the selfless individuals who constantly strive to turn our vision for the transportation sector into a grand reality,” he said.

The PHP488.48 billion Metro Manila subway will stretch for about 33 kilometers across seven cities, from Valenzuela City to Pasay City, and will be able to serve over 519,000 passengers daily once completed.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you believe that the Metro Manila subway will make local travel more efficient? What new infrastructure projects do you think the country needs right now?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

SEC sues companies for operating unregistered online lending platforms

Online lending firms here in the Philippines have been reported for alleged violations that include harassing clients (click here and here). Very recently, the Securities and Exchange Commission (SEC) sued companies for operating online lending platforms that were allegedly unregistered, according to a Manila Bulletin news report.

To put things in perspective, posted below is the excerpt from the Manila Bulletin news report. Some parts in boldface…

The Securities and Exchange Commission (SEC) has has filed criminal complaint against Suncash Lending Investors Corp., UCash Lending Investors Corp., Suncredit.ph Finance Corp., and ECredit Finance Inc. for operating unregistered online lending platforms (OLPs).

The SEC Enforcement and Investor Protection Department (EIPD) filed the criminal complaint against Suncash, UCash, Suncredit and Ecredit before the Department of Justice (DOJ) last December 20.

The firms’ failure to disclose their online lending applications (OLA) is in violation of the Lending Company Regulation Act (LCRA) and the Financing Company Act (FCA).

The Commission implicated Qi Lu, the president of Ecredit, Suncash, and Suncredit, who was also found to be the beneficial owner of Suncash alongside Zhu Junfeng. Junfeng is also a director of the three other companies.

Also implicated in the complaint were other incorporators, directors and officials of the companies, including Chang Yuting, Joyclyn V. Pelayo, Chang Tao, Bryan Dordas Pelayo, Jasmin Tabjan Vianzon, Jayson Lee, Meng Jie, Xiaofang Song, Danilo Felicilda, Roger Publico, Yaping Liu, Xianming Tian, Shiling Xu, Xiaobo Pan, Sheila Pagkalinawan, and Xiaojing Luo.

The EIPD, together with the Philippine National Police Anti-Cybercrime Group (PNP-ACG), Eastern District Anti-Cybercrime Team, Manila Police District, and the Special Weapons and Tactics Philippines (SWAT), previously implemented a warrant to search, seize, and examine computer against Suncash, as part of the SECs crackdown against unregistered lenders.

The Makati Regional Trial Court Branch 147 issued the search warrant against Suncash upon several complaints received by the PNP-ACG and the SEC against the company.

During the implementation of the search warrant, it was discovered that other lending companies, including Ucash, Suncredit, and Ecredit, had been operating alongside Suncash in its headquarters in Sampaloc, Manila.

The joint operation resulted in the arrest of 83 individuals, identified as operators, managers, employees, and agents of Suncash.

The Commission found that Suncash operated unregistered online lending platforms (OLPs), defying Sections 12(2)(a) 12(3)(a) of the LCRA, in relation to SEC Memorandum Circular No. 19, Series of 2019 (SEC MC 19), providing the Disclosure Requirements on Advertisements of Financing Companies and Lending Companies and Reporting of Online Lending Platforms.

SEC MC 19 requires lending and financing companies to report all their existing OLPs to the Commission.

Records show that Suncash had been operating three unregistered OLPs, namely Suncash, Flashloan, and Peso Pautang, contrary to what is stated in its affidavit of compliance that it operated no other OLP than Suncash.

The EIPD also said that Suncash operated the unregistered OLPs to circumvent and defy the moratorium imposed on the registration of new OLPs effective November 5, 2021, as per SEC Memorandum Circular No. 10, Series of 2021.

Meanwhile, Ucash filed an affidavit for the operation of its OLP on December 7, 2022, when the moratorium on new OLPs was still in effect.

Further, the EIPD charged Suncredit and Ecredit for violation of Sections 14(1)(a) and 14(2)(a) of the FCA, in relation to SEC MC 19. Suncredit and Ecredit were found to be the operators of Peso Pautang and Flashloan, respectively.

The Commission also noted that all the companies engaged in abusive, unethical, and unfair debt collection practices, in violation of SEC Memorandum Circular No. 18, Series of 2019, or the Prohibition on Unfair Debt Collection Practices of Financing Companies and Lending Companies.

Let me end this piece by asking you readers: What do you think about this recent development? Which among the reported companies sound familiar to you? Do you personally know anyone who borrowed money from an online lending firm and got harassed through communication because he or she was unable to settle the debt? Do you plan to borrow money from any online lending firm anytime soon?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others as well as making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

COMELEC to intensify information drive regarding Register Anywhere Project (RAP)

As the voter registration processes are happening nationwide, the Commission on Elections (COMELEC) announced that it will intensify the information campaign to make the public more aware about their newly launched Register Anywhere Project (RAP), according to a Philippine News Agency (PNA) news article. Here in South Metro Manila, there is a RAP processing spot at SM Southmall in Las Piñas City and the turnout started really low.

To put things in perspective, posted below is the excerpt from the PNA report. Some parts in boldface…

The Commission on Elections (Comelec) on Monday admitted the need to intensify its information campaign regarding the holding of the Register Anywhere Project (RAP) to encourage the public to enlist themselves in several participating malls in key areas across the country.

“We still need to intensify the information drive on the RAP,” Comelec Chairperson George Erwin Garcia said in a message to reporters.

This came following a low turnout of registrants in RAP hubs in Metro Manila, Tacloban City in Leyte province and Legazpi City in Albay over the weekend.

Data released by the poll body showed a total of 611 applicants were able to register in RAP booths inside shopping establishments.

SM Fairview recorded the highest number with 190 registrants, followed by Robinsons Galleria with 133, both in Quezon City; Robinsons Place Manila with 118, and SM Mall of Asia in Pasay City with 75.

On the other hand, few registrants were recorded in other venues such as Robinsons Place Naga with 38, SM Southmall in Las Pinas with 27, SM City Legazpi with 20, and Robinsons Place Tacloban with 10.

The pilot test will be held every Saturdays and Sundays between Dec. 17, 2022 and Jan. 22, 2023, except on Dec, 24, 25, and 31, 2022, and Jan. 1, 2023.

Under the project, qualified applicants residing anywhere in the Philippines may register at the RAP booths by submitting their application form, documentary requirements, and have their biometrics taken on-site.

Let me end this piece by asking you readers: When was the last time you went to the COMELEC for registration or adjustment of your voter’s record? Did you try getting registered through the RAP?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Philippines aiming to attract 4.8 million foreign visitors and generate $5.8 billion tourism revenue in 2023

With the economic recovery from COVID-19 still continuing and the year coming to an end, the Department of Tourism (DOT) revealed its targets for foreign visitors and tourism revenue in 2023, according to a report by the Philippine News Agency (PNA). For the newcomers reading this, President Ferdinand “Bongbong” Marcos, Jr., declared already that it is time for the to return to pre-pandemic life and having a strong tourism sector is a crucial part of the post-pandemic strategy. It has also been several months since the Philippines opened its borders to

To put things in perspective, posted below is the excerpt from the PNA article. Some parts in boldface…

The Philippines eyes to double its tourism revenues and reach at least 4.8 million in foreign visitor arrivals in 2023.

Department of Tourism Secretary Christina Frasco Friday revealed the projections as she presented the efforts of the agency to expedite tourism’s recovery.

Frasco said DOT seeks to attract 4.8 million visitors and generate at least USD5.8 billion in revenue.

Latest data showed that the Philippines has already breached its 1.7 million arrivals target for 2022, hitting over 2.46 million tourists and PHP149 billion in receipts.

With the administration’s focus on tourism and the various measures implemented to ease travel, Frasco is optimistic Manila could even surpass the pre-pandemic tourism figures before 2025.

DOT’s initial forecast indicated that Manila will not reach more than 8 million tourists until after 2025, a projection Frasco described as “alarming”.

[T]o me, that was an alarming projection in a sense that 2025 is so far off for us to obtain our pre-pandemic levels until after 2025 and that really forced us to take an inward look as to how we can expedite the recovery,” she told reporters.

“Having set out policies under the Marcos administration, precisely to serve the more aggressive approach towards tourism recovery, we’re seeing now that we have been able to breach the previous projection as well as the high projection (for this year),” she added.

Aside from constructing rest areas and improving connectivity for inbound tourists, Frasco presented more initiatives DOT sets to undertake in the next few months.

These include showcasing the country as a top cruise destination by 2023, coordinating with the relevant office to ease visa processing, and strengthening the promotion of Mindanao — especially for halal tourism.

Frasco also said DOT and the Department of National Defense are soon to sign a Memorandum of Agreement to obtain necessary data to determine the “most ideal areas to begin the process of reopening Mindanao.”

Let me end this piece by asking you readers: What is your reaction to this recent development about the Philippines and its tourism plans for 2023? Do you think it is doable for the Philippines to attract 4.8 million foreign visitors by the end of 2023? What do you think the DOT should do when it comes to emphasizing tourism through conventions and special events? Do you think the DOT is doing enough with getting involved with sports tourism, medical tourism, food tourism, and the like?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

DILG calls on local government units to take part in SIM card registration information campaign

Anyone based here in the Philippines using mobile devices that each carry SIM cards are required to have the said cards registered starting December 27, 2022 in accordance to Republic Act 11934 or the Subscriber Identity Module (SIM) Registration Act. To ensure that as many people get informed about this, the Department of the Interior and Local Government (DILG) called on local government units (LGUs) nationwide to participate in the information drive, according to a Philippine News Agency (PNA) report.

To put things in perspective, posted below is the excerpt from the PNA report. Some parts in boldface…

The Department of the Interior and Local Government (DILG) called on local government units (LGUs) to help the national government in its information campaign on the implementation of Republic Act 11934 or the Subscriber Identity Module (SIM) Registration Act, which takes effect on Dec. 27.

RA 11934, the first law signed by President Ferdinand R. Marcos Jr., aims to regulate the registration and use of SIMs by mandating all end-users to register their SIMs with their respective telecommunications networks before their activation.

In a statement on Monday, DILG Secretary Benjamin Abalos Jr. said an intensive information drive must be carried out at the grassroots level and LGUs should step up in educating the public on the requirements and importance of the law.

“As we seek to ensure public safety even in the online space, I encourage LGUs to exert all efforts to promote responsible use of SIM cards, educate their stakeholders on the benefits of mandatory SIM card registration and guide them through the whole registration process,” Abalos said.

He said the SIM Registration Act will aid the Philippine National Police and other law enforcement authorities in curbing rising electronic communication-aided criminal activities in the Philippines such as mobile phishing, spam text messages, online scams, bank frauds and identity theft,” Abalos said.

Abalos said the implementation of the law will not only prompt accountability from all sides — the mobile users, the telcos, the government and authorities — but will also help the PNP to quickly locate offenders of crimes committed in anonymity through the use of electronic devices.

Section 4 of the law’s implementing rules and regulations (IRR) released by the National Telecommunications Commission (NTC) provides that DILG, along with other government agencies such as DICT, NTC, DepEd, and telecom companies, shall “facilitate all SIM registrations in remote areas with limited telecommunication or internet access.”

“Together with the LGUs, DILG will cooperate with DICT and the NCT to fast-track the establishment of registration facilities in geographically-isolated areas, which should be done within 60 days after December 27,” Abalos said.

The DILG chief sought the assistance of local chief executives (LCEs) and barangay captains in remote areas in processing needed documents and other requirements to set up the registration centers.

“We know not everyone has access to the internet and other means of communication so let us reach out to them and inform them of this new law,” he said.

To register, all existing SIM subscribers must submit an accomplished form through a database platform or website provided by the telco company within 180 days. The DICT can extend the registration period for another 120 days. If a subscriber fails to register, SIM cards will be deactivated.

Subscribers must provide the following: full name, birthday, sex, address, mobile SIM number and serial number and valid identification cards (for individuals); business name, business address and full name of authorized signatory (for businesses and other juridical entities); full name, nationality, birthday, passport, proof of Philippine address, return ticket to own country (for foreigners and tourists).

Abalos also urged parents and guardians to be responsible and register the SIM used by their minor children or relatives under their name to protect them from ill-intentioned individuals. They will be asked to present an ID and consent form.

“To our parents and guardians, let us help each other in this endeavor to safeguard minors. Magtulungan po tayo upang masiguro na hindi sila mabibiktima ng mga panloloko (Let’s work together to protect them from fraud) online,” he said.

Likewise, Abalos asked the public to support the mandatory SIM card registration as this will be beneficial in the long run.

“I encourage every Filipino to register their SIM cards and be one with the government in fighting text and online scams which are becoming more prevalent in recent years,” he added.

Abalos warned people who will attempt to provide false or fictitious information and documents to register a SIM and those who will try to spoof a registered SIM to defraud or cause harm.

The above report ended stating that registering with false or fictitious information or the use of fake identities constitute a penalty of six months to two years imprisonment, and a fan of P100,000 to P300,000.

Let me end this piece by asking you readers: What is your reaction to this latest development from the national government? Are you worried that SIM card registration will be tough and inconvenient to do given the nationwide scope of the processing?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco