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About S$370 million in payouts erroneously credited to firms under Jobs Support Scheme in October

SINGAPORE: About S$370 million in government payouts under the Jobs Support Scheme (JSS) were erroneously credited to about 5,400 companies in October last year, after mistakes were made in computing the disbursements. The overpayments make up about 6 per cent of the total amount paid out under JSS last October, said the Ministry of Trade and Industry (MTI), the Ministry of Finance (MOF) and the Ministry of Manpower (MOM) on Thursday (Apr 8). Explaining what happened, the ministries said the payouts were computed based on the dates that the companies reopened after the COVID-19 “circuit breaker”, which ended in June last year. However, there had been “errors in the compilation and processing of business reopening dates”, said the ministries in a media release. The companies that were paid extra were erroneously tagged as having reopened later, making them qualify for a higher payout. About 5,400 firms were affected, or about 3.6 per cent of all companies that received ... » Learn More about About S$370 million in payouts erroneously credited to firms under Jobs Support Scheme in October

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Marikina goes cashless with PayMaya for resident, citizen payments

THE City Government of Marikina has tapped digital financial services leader PayMaya to roll out contactless payments for real property and other business taxes within the city. Using PayMaya’s payment platform, residents and businesses can now pay for their city government fees online from the safety of their own homes. All they have to do is log-in to Marikina’s online portal powered by PayMaya Checkout and pay using any credit, debit, or prepaid card as well as their PayMaya wallet. This initiative is in collaboration with the Development Bank of the Philippines (DBP). “Through this cashless initiative with PayMaya and DBP, we are empowering our constituents with a safer way to pay for taxes and other fees online so that they don’t have to physically go to the city hall, especially at this time. This will contribute towards safer and more efficient government transactions during this pandemic. At the same time, this will allow us to continue delivering critical services to the ... » Learn More about Marikina goes cashless with PayMaya for resident, citizen payments

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Vlogger Nas Daily to Wil Dasovich: Influencers cannot stay away from politics

Nas Daily (left) and Wil Dasovich (Image: Instagram/@nasddaily; @wil_dasovich) Online content creator Nuseir Yassin, popularly known as Nas Daily, told fellow vlogger and friend Wil Dasovich that it is “impossible” for influencers like them to just stay away from politics. Dasovich joined Yassin in the second episode of the latter’s podcast titled “Nas Talks,” available on Spotify since July 15, to talk about the positive and negative impact of social media on Filipinos. Discussing the recent denial of ABS-CBN’s franchise renewal bid, the two acknowledged how the internet-loving Filipinos will now turn to content creators like them for information. Dasovich admitted, however, that he was not updated with current affairs as he had been choosing to stay away from news and politics, in accordance with his “golden rule.” “I just have to stay more away from politics. I kind of have a golden rule, it’s I try to limit and not talk about politics because you’re always going to upset ... » Learn More about Vlogger Nas Daily to Wil Dasovich: Influencers cannot stay away from politics

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Teachers demand OT pay in pandemic-hit school year

MANILA, Philippines — Public school teachers on Tuesday called on the Department of Education (DepEd) to grant them additional overtime pay for the 77 extra days that they were required to report for work during an extended school year marked by the raging pandemic. In an April 13 letter to Education Secretary Leonor Briones, the Alliance of Concerned Teachers (ACT) pressed for the grant of a 25-percent overtime pay to public school teachers, citing Article 87 of the Labor Code. The law states that an employer must grant an additional pay of 25 percent of a person’s daily wage if the latter is required to work beyond the prescribed working hours. The Salary Standardization Law raised a teacher’s basic salary to P22,316 in 2020 from P20,754 in 2019. ACT claimed that educators received “little to no support” from the government for their services during the DepEd’s shift to distance learning program. Nonstop service “Our teachers have always given too much despite their ... » Learn More about Teachers demand OT pay in pandemic-hit school year

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It’s Okay To Not Be Okay star Seo Yea-ji loses deals and drama role, faces new bullying allegations

K-drama actress Seo Yea-ji, 31, who has in the past week been embroiled in controversy over how she had allegedly controlled her ex-boyfriend Kim Jung-hyun, has lost a slew of endorsement deals. The It's Okay To Not Be Okay (2020) star was swiftly dropped from advertisements by health and lifestyle brand New Origin, mask label AER and cosmetics brand Luna, among others. In the wake of the scandal, her lead role in an upcoming drama, Island, which was due to start filming in June, will be recast. In addition, a former staff member from her management agency has spoken up about her alleged verbal abuse, threats and unreasonable behaviour in an explosive tell-all. The anonymous post gave details such as the actress yelling at the staff over small mistakes, blowing cigarette smoke into their faces and checking their phones to ensure they did not record her behaviour. "Whenever she said she was in a bad mood, she never ate anything and so we were unable to eat. She also told us ... » Learn More about It’s Okay To Not Be Okay star Seo Yea-ji loses deals and drama role, faces new bullying allegations

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From Harvard to Nasdaq listing: Grab CEO’s ride to world’s biggest SPAC deal

SINGAPORE  -The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win - from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies. On Tuesday (April 13) , Anthony Tan set another record when Grab Holdings agreed to list on Nasdaq through a $39.6 billion merger deal with a blank-check company, Altimeter Growth Corp. The transaction will be the world’s largest merger involving a so-called special purpose acquisition company (SPAC). The accompanying $4 billion fundraising from global investors is also set to be the biggest ever US equity offering by a Southeast Asian company. “Anthony focuses on what to do, and executes it well,” said Chua Kee Lock, chief executive officer of Singapore-based venture capital firm Vertex, an early investor in Grab. The deals validate the 39-year-old co-founder’s strategy to go hyper local and expand further in a region whose digital economy is ... » Learn More about From Harvard to Nasdaq listing: Grab CEO’s ride to world’s biggest SPAC deal

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China calls military exercises near Taiwan ‘combat drills’

BEIJING - China described its military exercises near Taiwan as “combat drills” on Wednesday (April 14), upping the ante as senior former US officials arrived in Taipei on a trip to signal President Joe Biden’s commitment to Taiwan and its democracy. Taiwan has complained over the proximity of repeated Chinese military activity, including fighter jets and bombers entering its air defence zone and a Chinese aircraft carrier exercising off the island, which is claimed by Beijing. Twenty-five Chinese air force aircraft, including fighters and nuclear-capable bombers, entered Taiwan’s air defence identification zone (ADIZ) on Monday, the largest reported incursion by Taipei to date. China’s Taiwan Affairs Office said Taiwan’s government and separatists were colluding with “external forces”. “The People’s Liberation Army’s organising of actual combat exercises in the Taiwan Strait is a necessary action to address the current security situation in the Taiwan Strait and to safeguard ... » Learn More about China calls military exercises near Taiwan ‘combat drills’

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Government aims to recover all S$370 million wrongly paid to firms as part of Jobs Support Scheme

SINGAPORE: The Government aims to recover the full amount of about S$370 million wrongly paid to companies in October last year as part of the Jobs Support Scheme (JSS). "We will do all we can to recover the excess disbursements while ensuring that we minimise inconvenience to firms throughout the process,” said the Ministry of Trade and Industry (MTI), the Ministry of Finance (MOF) and the Ministry of Manpower (MOM) late on Thursday (Apr 8) in response to CNA's queries. "The Government aims to recover the full amount of overpayment," they added. “For firms that face difficulties in returning the excess payouts, we will provide them with the options of repaying in instalments. This will help firms to ease cashflow, especially for affected small and medium enterprises (SMEs).” When asked what will happen if companies do not return the excess amount, and whether they will face penalties, the ministries said that businesses that need further assistance may write in. “We will ... » Learn More about Government aims to recover all S$370 million wrongly paid to firms as part of Jobs Support Scheme

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WATCH: Wil Dasovich addresses ‘golden rule’ backlash, appeals for netizens to know full story

Nas Daily (left) and Wil Dasovich (right). Image: Instagram/@nasddaily, @wil_dasovich Wil Dasovich has addressed the Nas Daily controversy after being called out on Twitter for his statements that he said were taken out of context. Dasovich went trending on the social media platform after he and his fellow vlogger and friend Nuseir Yassin, otherwise known as Nas Daily himself, had a friendly discussion on politics and influencers in the latter’s podcast on Spotify. The Filipino-American vlogger was later slammed by netizens for apparently advocating “toxic positivity” and for choosing to stay away from politics when vlogging. He clarified in a new video, however, that this is “far from the truth.” For one, Dasovich admitted that his “golden rule” quote – where he said he chooses to stay away from politics so as to not “upset a huge group of people” – can indeed look bad if taken out of context. He also clarified that when Yassin disagreed with him at one point with the quote ... » Learn More about WATCH: Wil Dasovich addresses ‘golden rule’ backlash, appeals for netizens to know full story

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DA to boost 2020 ‘palay’ output by 1 MMT

THE Department of Agriculture (DA) is aiming to increase the country’s palay (unmilled rice) production by 1 million metric ton (MMT) to attain a national yield of 20.4 MMT for 2021. Agriculture Secretary William Dar said the agency’s goal is to reach 95-percent rice sufficiency level this year. “Last year, despite perfect storm which includes the eruption of Taal Volcano, the Covid-19 (coronavirus disease 2019) pandemic, the African swine fever, and the series of typhoons, the country managed to attain a 19.4-MMT national yield. Pinakamataas sa history ng rice production sa bansa (This is the highest in the history of rice production in the country),” said Dar during a visit at the International Training Center for Pig Husbandry (ITCPH) in Tanauan City, Batangas. He also noted that rice import level is starting to go down as local production continues to grow with interventions like assistance for seeds, fertilizer and capacity building. The agri sector posted positive ... » Learn More about DA to boost 2020 ‘palay’ output by 1 MMT

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