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The Department of Labor and Employment on Friday issued pay rules for the proper compensation of employees who will report for work on the 39th anniversary of the EDSA People Power revolt on February 25.According to Labor Advisory 2, s. 2025, the pay rules are pursuant to Proclamation 727, s. 2024, which declared Tuesday, February 25 this year, as a special working day in the Philippines.Labor and Employment Secretary Bienvenido Laguesma signed the labor advisory on Friday, February 7.
Based on the advisory, the following pay rules shall apply: It shall be considered as an ordinary working day for the purpose of payment of wages and wage-related benefits; If the employee does not work, the "no work, no pay" principle shall apply unless there is a favorable company policy, practice, or collective bargaining agreement granting payment on a special working day; For work done on a special working day, the employer shall pay 100% of the employee's wage for that day...
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Philippine Singer Launches Movement to Unite Filipinos Against China in West Philippine Sea DisputeRannie Raymundo, a popular Filipino singer, has joined forces with the Fraternal Order of Philippine Eagles to spearhead a nationwide movement aimed at rallying Filipinos in response to escalating tensions in the West Philippine Sea. The WPS Eagles Movement seeks to foster patriotism, galvanize collective action, and counteract Chinese disinformation campaigns.
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Philippine Coast Guard Monitors Chinese Vessel in West Philippine SeaThe Philippine Coast Guard (PCG) is closely watching a Chinese Coast Guard (CCG) vessel operating illegally off the Zambales coast in the West Philippine Sea (WPS). The PCG deployed the BRP Gabriela Silang to keep a protective distance from the CCG vessel, preventing its approach to the Philippine coastline. Despite the CCG's radio challenges alleging a violation of maritime collision regulations, the PCG maintains that the core issue is the CCG's illegal presence in Philippine waters.
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Philippine Stock Exchange to Acquire Controlling Stake in Philippine Dealing System Holdings Corp.The Philippine Stock Exchange Inc. (PSE) is reallocating P110 million from a 2018 stock rights offering to acquire a controlling stake in the Philippine Dealing System Holdings Corp. (PDSHC). This move follows a series of share purchases by the PSE from other PDSHC stakeholders, aiming to consolidate the country's equities and fixed-income exchanges. The PSE's equity stake in PDSHC currently stands at 55.53 percent.
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Philippine Stock Exchange Reallocates Funds to Acquire Controlling Stake in Philippine Dealing SystemThe Philippine Stock Exchange Inc. (PSE) is using funds from a 2018 stock rights offering to acquire a controlling stake in the Philippine Dealing System Holdings Corp. (PDSHC). This move consolidates the country's equities and fixed-income exchanges.
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Philippine Fishermen Sound Alarm Over US-Led Military Exercises in Philippine WatersFilipino fishermen express deep concerns over the environmental and social impacts of joint military exercises conducted by the United States in Philippine waters. They argue that these exercises disrupt their livelihoods, cause psychological trauma, and damage fragile marine ecosystems.
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Philippine Coast Guard Stands Firm Against Chinese Vessels in West Philippine SeaThe Philippine Coast Guard (PCG) asserts its authority in the West Philippine Sea (WPS), issuing radio challenges to Chinese Coast Guard (CCG) vessels encroaching within the country's exclusive economic zone (EEZ).
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