Latest news with #P11
GMA Network
2 days ago
- Business
- GMA Network
P11B proposed for TUPAD program in 2026
The government wants to continue its emergency employment program to disadvantaged individuals and displaced workers with the proposed P11 billion allocation to the Tulong Panghanapbuhay sa Ating Disadvantaged Workers (TUPAD) program of the Department of Labor and Employment (DOLE). Under the 2026 National Expenditure Program (NEP), the labor and employment agencies, composed of the DOLE and Department of Migrant Workers, are set to receive P55.2 billion funding next year — among the top departments with the biggest proposed budget for next year. Of the figures, the DOLE will get P44.38 billion — lower than its P51.20 billion budget in 2025. The DMW, meanwhile, will receive P9.48 billion, higher than its P8.08 billion funding for this year. According to the NEP, a total of P12.24 billion will be appropriated for the DOLE's TUPAD program and the Government Internship Program (GIP). This amount is lower than the P18 billion budget of the two programs this year. Under the TUPAD program, beneficiaries will be working for 10 days in community clean-up, debris clearing, and rehabilitation of public infrastructures. They will be paid with the highest prevailing minimum wage rate in the region. TESDA Meanwhile, the Marcos administration likewise allocated funding for Technical Education and Skills Development Authority (TESDA) scholarship programs. This includes the training for work scholarship program (P4.34 billion); special training for employment program (P1.62 billion); and technical-vocational training programs (P5.05 billion). At least P300 million will also be appropriated for the Bagong Pilipinas Merit Scholarship Program, and P1.65 billion for the TESDA Tulong Trabaho Program. In July, President Ferdinand 'Bongbong' Marcos Jr. touted major strides in the country's higher education sector, highlighting the expansion of TESDA scholarships and financial aid for poor families during his fourth State of the Nation Address (SONA). Malacanang proposed a P6.79-trillion national budget for 2026.—LDF, GMA Integrated News
GMA Network
03-06-2025
- Business
- GMA Network
BOC lauded for making 85% of total fake goods seizures in 2024
The Bureau of Customs (BOC) on Tuesday said it has been cited by the Intellectual Property Office of the Philippines (IPOPHL) for its efforts in intellectual property rights (IPR) enforcement, accounting for 85% of total seizures of fake goods made in 2024. In a news release, the BOC said it was awarded by the IPOPHL the 'IP Citation for Attaining the Highest Number of Seizures' at the Gawad Yamang Isip Awards 2025. The citation was presented during the 191st National Committee on Intellectual Property Rights (NCIPR) Regular Meeting last May 26, 2025. The NCIPR is an inter-agency body that formulates and implements plans and policies, as well as strengthen the protection and enforcement of intellectual property rights in the country. The NCIPR is composed of 15 members with the Department of Trade and Industry as chairman and the IPOPHL as vice chairman and secretariat 'This award recognizes our firm resolve to crack down on counterfeit goods,' said Customs Commissioner Bienvenido Rubio. 'IPR protection is crucial to building a fair, secure, and investor-friendly trade environment,' said Rubio. In 2024, the BOC said its seizures of fake goods amounted to P34.698 billion out of the total P40.99 billion recorded by NCIPR. One of the agency's biggest hauls came from Binondo, Manila, where more than P11 billion worth of counterfeit luxury goods were seized in a single operation, according to the Customs. As of end-April 2025, the BOC said it has already confiscated P15.8 billion worth of fake goods, conducted in close coordination with global brand representatives and IPR enforcement partners. 'We are not letting up. We will continue to act decisively against counterfeit trade to protect consumers and legitimate businesses," said Rubio. — Ted Cordero/BM, GMA Integrated News
GMA Network
22-05-2025
- GMA Network
PDEA: 8 informants received cash rewards worth P11.6M
Eight civilian informants received a total of P11,633,843 in cash rewards under the monetary incentive program Operation: Private Eye (OPE), the Philippine Drug Enforcement Agency (PDEA) said Thursday. In a statement, PDEA said four informants received P2 million each. One of the informants helped in the seizure of 49,705.20 grams of shabu worth P340 million and the arrest of two suspects during a buy-bust operation in Barangay Putatan, Muntinlupa City, on March 14. Another informant contributed to the confiscation of 39,859.60 grams of shabu worth P272 million and the arrest of a drug personality after a buy-bust operation in Binangonan, Rizal, on March 19. 'In a literal sense, vigilance pays off. Reliable information in exchange for monetary consideration,' PDEA director general Undersecretary Isagani Nerez said. 'Imagine, if more members of the community are vigilant and proactive in combating the drug trade, a vast network of eyes and ears remains at PDEA's disposal. It is definitely a huge boost for us considering our limited manpower,' he added. PDEA said the OPE reward committee, which approves the monetary rewards for the informants, is composed of the agency's key officers as well as members from the business, academe, and religious sectors. — VBL, GMA Integrated News
