DAVAO CITY ---Finance Secretary Ralph G. Recto addressed concerns regarding the computation of National Tax Allotment (NTA) shares for local government units (LGUs) during a productive dialogue with city mayors on January 15, 2025. Secretary Recto provided a detailed, line-by-line briefing on the NTA computations, ensuring full compliance with the principles of the 2019 … [Read more...] about Recto resolves concerns on National Tax Allotment shares of LGUs in dialogue with City Mayors
Where's Our Money
SSS Announces 1% contribution rate hike, plans for 2025
DAVAO CITY ---The Social Security System (SSS) has announced a 1% hike in the contribution rate, effective January 2025. The increase will raise the contribution rate from 14% to 15%, in line with Republic Act No. 11199 provisions or the Social Security Act of 2018. Additionally, the minimum Monthly Salary Credit (MSC) will rise to P5,000 from the previous P4,000, while the … [Read more...] about SSS Announces 1% contribution rate hike, plans for 2025
PNP: No displacement of cops amid area commands’ deactivation
MANILA – The Philippine National Police (PNP) on Monday assured that no police personnel would be displaced following the National Police Commission's (Napolcom) move to deactivate the force's Area Police Command (APC), previously known as the Directorate for Integrated Police Operations. The PNP has five APCs --Northern Luzon, Southern Luzon, Visayas, Eastern Mindanao, … [Read more...] about PNP: No displacement of cops amid area commands’ deactivation
VP Duterte congratulates participants of peace rally, emphasizes unity for nation’s progress
DAVAO CITY – Vice President Sara Duterte congratulated the participants of the massive Peace Rally held on January 13, 2025, calling it a powerful demonstration of unity and faith in pursuing peace for the country's development. In her statement, Vice President Duterte expressed her gratitude to the Iglesia ni Cristo (INC) members for their ongoing efforts in fostering … [Read more...] about VP Duterte congratulates participants of peace rally, emphasizes unity for nation’s progress
In seven seconds, Congressman Marcos removes Zaldy Co as House appropriations chair
DAVAO CITY – On Monday, the House of Representatives removed Partylist Representative Zaldy Co as chairperson of the powerful Committee on Appropriations in a swift move that took just seven seconds. Senior House Deputy Majority Leader and Ilocos Norte Representative Zandro Marcos initiated the action by stating, "I would like to move to declare vacant the position of … [Read more...] about In seven seconds, Congressman Marcos removes Zaldy Co as House appropriations chair
