Sen. Gatchalian Raises Need For Year-Long Contingency Due To Lack Of Ideal Rice Inventory

Sen. Gatchalian Raises Need For Year-Long Contingency Due To Lack Of Ideal Rice Inventory

Spotlight

Globe Recreates The Holiday Season With #ChristmasWeLove Live Pop-Up

Join Globe as they celebrate the holiday season with #ChristmasWeLove - a series of live digital pop ups featuring fun activities for your family and friends!

Republic Cement Launches Co-Processing Solution Amid PH Waste Management Crisis

Through ecoloop, Republic Cement aims to help address the waste management crisis of the country.

Recreate The Holidays Right At Home Best With Globe At Home Unli Plans

Make your virtual get-togethers possible with Globe At Home UNLI Plans!

SM – Pasay Tech Voc Scholarship Program Launched

With the launch of the SM - Pasay Tech-Voc Scholarship Program, a full tech-voc scholarship will be awarded to 20 students from financially challenged families.

Senator Win Gatchalian echoes reminders for private lending institutions accredited under the Department of Education’s (DepEd) Automatic Payroll Deduction System (APDS) to comply on not imposing penalties for late payments as the country combats the coronavirus disease (COVID-19) pandemic.

In a March 20 letter addressed to private lending institutions accredited under the APDS, DepEd Undersecretary for Finance Annalyn M. Sevilla cited that under the Terms and Conditions of the APDS Accreditation (TCAA), the lender shall not charge teachers and other school personnel penalties, fines, or surcharges if they incur delayed payments or if DepEd fails to remit payments on time due to force majeure or any extreme circumstances.

Sevilla said that delays are anticipated in the processing and releasing of remittances of loan obligations due to the ongoing enhanced community quarantine and work-from-home arrangement in the Executive Branch. The DepEd also urged these lending institutions not to impose additional interest because of delays in payment.

According to Gatchalian, the recently signed Republic Act 11469 or the Bayanihan to Heal as One Act reinforces financial firms’ obligations to heed DepEd’s appeal.

“Malaking tulong para sa mga guro at kawani ng mga paaralan ang palugit para sa kanilang mga bayarin. Isinabatas na natin sa pamamagitan ng ‘Bayanihan to Heal as One Act’ ang ilang hakbang na ginagawa na ng ibang mga bangko na ipagpaliban muna ang pagbabayad ng anumag loan habang may kinakaharap tayong krisis pang kalusugan. Dapat matulungan din natin ang bawat guro at kawaning itawid ang pangangailangan ng kanilang mga pamilya,” said Gatchalian, Chairman of the Senate Committee on Basic Education, Arts and Culture.

The Bayanihan to Heal as One Act, which grants special powers to President Rodrigo Duterte in containing the COVID-19 crisis, mandates all banks, quasi-banks, financing or lending companies and other public and private financial institutions to implement a minimum 30-day grace period for the payment of loans. The Government Service and Insurance System (GSIS), Social Security System (SSS), and the PAG-IBIG Fund are also required to comply with this provision of the law.

This mandatory grace period covers all loans, credit card and residential rental payments while the enhanced community quarantine remains in effect. The law also provides that payments for these loans will not incur interests, penalties, fees, or other charges.

Photo Source: Facebook / WinGatchalian74

PH Covid-19 Vaccine Roadmap, Timeline On Track: Galvez

"We are still on track considering that there is a possibility that our best-case scenario will be shifted to the first quarter," says COVID-19 chief implementer and vaccine czar Secretary Carlito Galvez Jr.

Lake Sebu’s Seven Waterfalls Tourism Site Up For P10-M Facelift

Php10 million, inilaan para sa rehabilitation at pagpapaayos ng sikat na sever waterfalls ng Lake Sebu.

Over P100-B Funds Seen To Help Region 8 Recover From Crisis

According to the NEDA, the PHP108.71 billion budget for Eastern Visayas in 2021 will provide the region with “massive tools” necessary in post-pandemic recovery efforts.

Minors Still Barred Outdoors, Malls

Bawal pa rin ang mga menor de edad sa mga shopping malls kasunod ng rekomendasyon ng mga health experts.

Adoption Advocate Reacts To Viral RC Commercial

Naka-recover ka na ba mula sa latest advertisment ng RC cola?

Science And Arts Join Hands In DOST’s Bamboo Musical Instruments Concert

One of the featured activities at this year’s "Musika ng Kawayan, Yaman ng Bayan” virtual concert are the locally-made bamboo musical instruments!

DFA Says Over 277K Overseas Filipinos Repatriated So Far

The Department of Foreign Affairs has so far repatriated some 277,320 distressed overseas Filipinos since the coronavirus pandemic struck.

EDSA-Bagong Barrio U-Turn Slot Closed On Dec. 7

In line with the DOTr’s EDSA Busway project, the U-turn slot located along EDSA in the Bagong Barrio area will be closed effective December 7.

LGU Ordinances Needed Before Minors Can Enter Malls

Dapat na nga bang payagan ang mga minor de edad sa mga mall?

Tourism Workers May Avail Of Cash Aid, Employment Programs: DOLE

Displaced tourism industry workers, such as tour guides and service staffs are encouraged to avail the financial assistance and emergency employment program of the government.