What is a mining fiscal regime?

What is a mining fiscal regime?  It is a set of policy tools-such as royalties and taxes – formulated by the government for it to have a share of the economic value generated from mining activities. It determines how revenue from mining projects is shared by the government, citizens, and mining companies. The government is … Read more

Kalutong Filipino, Lakas ng Kabataang Makabago

Kalutong Filipino, Lakas ng Kabataang Makabago Pursuant to Presidential Proclamation No. 469, which established April as Filipino Food Month (FFM) or Buwan ng Kalutong Pilipino, the National Commission for Culture and the Arts, in partnership with the Department of Agriculture, the Department of Tourism, and the Philippine Culinary Heritage Movement, is leading the month-long celebration … Read more

Legal Age in the Philippines

Legal Age in the Philippines Legal age to marry – 18 Legal to enter into contract – 18 Legal age to vote – 18 Legal age to drive – 17 Legal age of sexual consent – 16 (Republic Act No. 11648) You may want to read: Tornadoes in the Philippines

2000 Peso Increase to SSS pensions

Did You Know? To preserve the SSS, PNoy unpopularly vetoed the 2,000 peso increase to SSS pensions. Under Du30, after promising a 2K increase, he later admitted “Tama pala si Aquino”. He approved a 1K increase & hiked SSS contributions from 11% to 15% so SSS will not go bankrupt. Source: @SaltAndReality You may want … Read more

Philippine Tropical Fabrics Month

In January 2012, Former President Benigno S. Aquino III signed Proclamation No. 313, designating January as Philippine Tropical Fabrics Month, urging public awareness and support for the use of indigenous textiles. The celebration promotes textile production through the use of natural textile fibers such as abaca, banana, pineapple, and silk. With the theme, “Spinning Innovations”, … Read more