Manila Standard - 2022 March 19 - Saturday

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LTFRB junks P1 fare hike THE Land Transportation Franchising and Regulatory Board (LTFRB) on Friday junked a petition to increase the minimum jeepney fare by P1 amid spiraling oil prices. The LTFRB said it denied the provisional fare hike sought by transport groups 1-Utak, Pasang Masda, ALDTODAP, and ACTO.

VOL. XXXVI • NO. 34 • 3 SECTIONS 12 PAGES • P18 SATURDAY, MARCH 19, 2022 • www.manilastandard.net • mst.daydesk@gmail.com

“While it recognizes the present clamor of stakeholders in public land transportation services for necessary action relative to fare rates, they cannot be insensitive to the plight of Filipinos every time an increase on the prices of the commodities occurs, as a domino effect to the grant of fare increase,” the board said. Next page

No funds for P24b wage subsidy

Govt says budget 'already stretched' to allot beyond P200 monthly for poor families By Vito Barcelo

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HE government does not have enough funds to provide a bigger subsidy for the country's minimumwage earners amid skyrocketing prices of oil products and basic commodities, a Department of Finance official said Friday.

The DOF is carefully looking into the Labor Department's proposed P24 billion-wage subsidy that could last for three months to support workers, Finance Assistant Secretary and spokesperson Paola Alvarez told CNN Philippines' The Source. This developed as the Trade Union

Congress of the Philippines (TUCP) appealed to President Duterte to instruct the Regional Tripartite and Productivity Wage Boards (RTWPB) to act immediately on their petition to approve the minimum wage hike it filed in Metro Manila. TUCP said it will also file wage increase petitions in other RTWPB offices

apart from the National Capital Region to help minimum wage earners in the provinces. But the government is already "really stretched," Alvarez said, when asked about the P200 aid the government is providing for the poorest households hit by Next page

Comelec debate bans ’codigo’ on stage

CANDIDATES will not be allowed to bring any notes on the podium during the two-hour first of a series of presidential debate dubbed Pilipinas Debates 2022 organized by the Commission on Elections (Comelec) in Pasay City today. “We will not allow any notes on stage. Although we will be providing notepads

and pens on the podium to enable the candidates to (write) down notes if they want,” Comelec spokesperson James Jimenez said in an interview Friday, during the walkthrough at the debate venue at the Sofitel Hotel Tent. Jimenez said among the topics to be Next page

DEBATE-READY. Newly-appointed Commission on Election Chairman Saidamen Balt Pangarungan is joined by Commissioner George Garcia and Comelec spokesman James Jimenez in inspecting the stage at Sofitel in Pasay City where the presidential and vice presidential debates of the poll body will be held today (Saturday) and tomorrow (Sunday), respectively. Danny Pata

PEZA to appeal Int’l body warns of oil supply crisis, on-site reporting calls for urgent steps to cut usage of BPO workers By Macon Ramos-Araneta and Vito Barcelo THE Philippine Economic Zone Authority (PEZA) on Friday said it will appeal a government decision to compel business processing outsourcing (BPO) companies to require their workers to report to work physically in their offices by April 1 or lose their tax incentives. PEZA had earlier asked that the BPO companies be allowed to continue workfrom-home (WFH) arrangements beyond the April 1 deadline, but the Fiscal Incentives Review Board (FIRB) led by the Department of Finance (DOF) rejected its request. PEZA Director-General Charito Booc, however, said the FIRB issued its decision before Russia’s invasion of Ukraine drove Next page fuel prices to record highs.

THE International EnergyAgency on Friday urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia's invasion of Ukraine. The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help "relieve the strain"

on markets, while warning that the world faced the biggest shock to supply "in decades." The outbreak of war in Ukraine has sent prices for the fuel up sharply and led to major economies, such as the United States and Canada, sanctioning Russia by banning imports of oil. The IEA warned earlier this week of the risk

of a global supply crisis as major oil companies, trading houses, shipping firms and banks have shunned Russia. With the threat that supplies of Russian oil could be cut even more, "there is a real risk that markets tighten further and oil prices escalate significantly in the coming months" as the world Next page

Jobless rate down in Jan. versus a year ago By Julito G. Rada and Vito Barcelo THE country's unemployment rate declined to 6.4 percent in January 2022 from 8.8 percent a year ago, the lowest since the start of the

pandemic, as new jobs were created during the month, data from the Philippine Statistics Authority (PSA) on Friday show. The January 2022 jobless rate was also lower compared to the 6.6 percent in December 2021. In its January 2022 Labor

Force Survey, the PSA said the 6.4-percent unemployment rate for the month translated to 2.93 million unemployed Filipinos, a decline of 1.04 million from the 3.96 million unemployed reported in January 2021. Next page

Smartmatic staff in ‘breach’ under custody PH bet crowned Ms. Eco International By Maricel V. Cruz THE Smartmatic employee involved in the alleged security breach in its system is now under the custody of the National Bureau of Investigation. “We were already given a copy of his sworn affidavit,” Senate President Vicente “Tito” Sotto III said. It was not clear whether the employee

surrendered or was accosted. Senator Imee Marcos, chairman of the Senate Committee on Electoral Reforms, on Thursday said the data of Smartmatic — the software contractor of the Commission on Elections for the May 9 polls – might have been hacked. Sotto said the employee was “not disgruntled.” Next page

By Eton Concepcion THE Philippines’ Kathleen Paton bested 40 candidates from around the world and was crowned Miss Eco International 2022 at the finals held at Jolie Ville Resort & SPA Kings Island in Luxor, Egypt on Friday. She is the second Fili-

pina to win the title after Cynthia Thomalla in 2018. Miss Belgium Chloë Reweghs and Miss USA Jesaura Peralta were named first and second runners up, respectively, while Miss Spain Lucia Morales and Miss Malaysia Prasana Shri finished third and Next page fourth, respectively.

GREEN BEAUTY.

Filipina lass Kathleen Paton is crowned Miss Eco International 2022.


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