Friday, April 1, 2022

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SSS exec announces extension of Acop compliance deadline

Posted: 31 Mar 2022 01:30 AM PDT

SOCIAL Security System (SSS) president and CEO Michael Regino announced that the compliance deadline for the Annual Confirmation of Pensioners' Program (Acop) for the calendar year 2021 has been extended from March 31, 2022, to June 30, 2022.The Acop covers the following pensioner types: Survivor pensioners (receiving pensions through Death Benefit), Total disability pensioners, Guardians and their dependents, and Retirement pensioners residing abroad.Retirement pensioners residing in the Philippines remain exempted from complying with the Acop.Regino said the extension aims to give those who have not yet complied with the Acop more time to do so for them to avoid the suspension of their monthly pensions."Originally, we have given covered pensioners a period of six months from October 1 last year to comply with the ACOP for the calendar year 2021. But in view of the restrictions that were implemented at some point earlier this year due to the Omicron variant along with other considerations, we decided to extend the deadline for another three months or until June 30," Regino said."We urge those who have not yet complied with the program to submit their compliance immediately for them to not miss the new deadline. We have various methods for compliance that we developed with the utmost consideration for their safety and convenience," he added.The guidelines and documentary requirements for the different methods of compliance such as through e-mail, mail, courier, drop box, video conference, and home visit (for total disability pensioners residing in the Philippines) can be accessed at https://bit.ly/3iwZBUE.Covered pensioners under the Acop who have already complied for the calendar year 2021 are no longer required to re-submit their compliance. The usual schedule of the ACOP will resume on July 1, 2022. (PR)

P60-M new public market in Hinoba-an unveiled

Posted: 31 Mar 2022 01:30 AM PDT

THE Provincial Government of Negros Occidental and Municipal Government of Hinoba-an have inaugurated the town's new public market worth about P60 million.Governor Eugenio Jose Lacson, who led the activity on Wednesday, March 30, said the market administration is a challenge not only to the local officials but also to the vendors and residents of the southern Negros Occidental locality."A clean and orderly market makes a good impression of the town and will lead to more local development," he said.The P60-million infrastructure project was funded through the Municipal Development Fund Office and by the Provincial Government.For his part, Mayor Ernesto Estrao said the market was primarily designed to be an agricultural "bagsakan" that will boost the local economy.He thanked Lacson for the realization of the town's project and for the continued support to the municipality.Also present during the inauguration were Sixth District Board Member Jeffrey Tubola, Hinoba-an Vice Mayor JefreEncoy and other town officials, and Provincial Engineer Ernie Mapa, among others. (PR)

SSS reminds delinquent employers in Sagay, Cadiz of legal obligations

Posted: 30 Mar 2022 05:03 AM PDT

FOLLOWING the directive of the newly-appointed Social Security System (SSS) president and chief executive officer Michael Regino, the agency issued written notices to six erring establishments in northern Negros Occidental during its Run After Contribution Evaders (Race) Campaign on Monday, March 28, 2022.The SSS, in a statement Tuesday, March 29, reported that in Sagay City, two employers failed to comply with their legal obligations under Republic Act 11199 or the Social Security Act of 2018 to remit their employees' monthly Social Security (SS) and Employees Compensation (EC) contributions from 2019 to 2021 amounting to P211,634.01 inclusive of penalties.For other establishments in Cadiz City were visited by the Race Team for non-registration of business with the SSS.SSS Vice President for Visayas West 1 Division Lilani Benedian said employers' non-compliance with the SS Law deprives their employees from availing the various benefits and loan privileges especially when they are in dire need of financial assistance.That is why, Benedian said, they conduct the Race campaign to personally remind delinquent employers of their legal obligations and instruct them to comply immediately."We are also offering them an option to settle their delinquencies through availment of the Enhanced Installment Payment Program under Pandemic Relief and Restructuring Program 3 (PRRP 3)," she added.The owners of these establishments are given a non-extendable period of 15 days from service of notice within which to comply or settle their delinquency.Otherwise, face any criminal and civil actions the SSS may be compelled to file against them upon the lapse of the given period, the agency said.Employers are mandated by the SSS Law to register their businesses with the SSS through www.sss.gov.ph or by accomplishing the Employer Registration Form (SS Form R-1).Coverage of all employees is compulsory including "kasambahays" or house helpers not over 60 years of age and their household employers, it said, adding that employers must submit a duly accomplished SS Form R1-A within 30 days from the actual employment date.Employers who wish to avail of the PRRP 3 are advised to coordinate with their assigned account officers on or before November 21 this year.Aside from PRRP 3, condonation of penalties under PRRP 2 may be availed until May 19 by all delinquent employers with overdue SS contributions from March 2020 up to the present. (With PR)

Globe Business bags first gold, 2 silvers at Anvil Awards

Posted: 30 Mar 2022 05:02 AM PDT

THE Public Relations Society of the Philippines (PRSP) recently feted Globe Business, the enterprise arm of Globe, with its first gold plus two silver awards at the much-coveted 57th Anvil Awards.Globe Business proved its excellence by bagging the Gold Anvil Award for Public Relations Tools: Multimedia/Digital Tool - Online Video for "Project Colbert Clockwork Webisodes."Clockwork is a Globe Business platform that hosts a series of thought leadership interviews aired via YouTube. The topics discussed in Clockwork range from personal and professional insights to business trends and industry best practices.With a market exhausted from traditional ways of conducting webinars, Globe Business sought to stand out and engage its audience. Through Clockwork, It inspired viewers and immersed them in thought leadership segments hosted by famous TV personality Edu Manzano with leaders of top Philippine corporations as guests.Clockwork strikes a balance between business and entertainment, serving as a platform to get to know company leaders on a personal level. It allowed Globe Business to reach both young and experienced professionals, and share winning formulas to success in the corporate world— all while conducting these interviews virtually.Capping off Globe Business' history-making win are two Silver Anvil Awards for Public Relations Tools: Exhibits and Special Events - Conferences/Conventions for its annual Leadership Innovation forum (Lead-In 2020) and its Project Eagle 2020 campaign.Lead-In 2020 empowered and enlightened participants on the value of digital transformation during the peak of the Covid-19 pandemic. Holding a series of talks from distinguished experts, Lead-In— Globe's biggest annual enterprise event —for the first time gathered business leaders and executives in an interactive virtual webinar.With the theme "Forward & Fearless: A Path Towards a Braver Tomorrow," Lead-In 2020 was also the culmination of the Project Eagle 2020 campaign. In this campaign, Globe Business created a narrative that builds up to driving a culture of digital transformation for a braver tomorrow. This was supported by Twitter and Facebook posts, PR articles, and client networking.Nearly 900 Globe Business clients attended the virtual event, exceeding its target of 800 attendees. According to surveys conducted post-event, more than 70 percent of the attendees found the theme relevant to their businesses.In 2019, Globe Business also won the Silver Anvil Award for Lead-In. The group also received a Silver Anvil back in 2018 for the 7th Enterprise Innovation Forum."We are delighted to have our efforts recognized by such a respected public relations institution. Globe Business continues to drive campaigns that are not only relevant in today's business context, but also aligned with our goal of helping enterprises own greater tomorrows," Raymond Policarpio, Vice President for Product Management and Marketing at Globe Business, Enterprise Group, said.The Anvil is considered the "Oscars" of the Philippine PR industry. It is awarded to outstanding public relations programs, tools, and practitioners after careful screening by select PR professionals and judging by a distinguished multi-sectoral jury. (PR)

AboitizPower, IFC sign deal to explore baseload renewable energy in PH

Posted: 30 Mar 2022 05:02 AM PDT

ABOITIZ Power Corporation recently signed an agreement with the International Finance Corporation (IFC) for an in-depth joint study to assess the viability of renewable energy (RE) as a source of baseload power for the Philippines, a step seen to help the company navigate the country's transition towards a cleaner energy future.In support of the Philippines' target of 35 percent share of renewable energy (RE) in the country's overall generation mix by 2030 and 50 percent by 2040, the study seeks to explore a mix of technologies that can potentially displace fossil fuel-based power sources and reduce carbon dioxide (CO2) emissions from the Philippine energy mix."I am pleased to join the representatives of IFC in signing this agreement that aims to take the first few very important steps in this journey of discovery. We eagerly look forward to learning about how we can generate baseload power that is technically and financially feasible and also scalable," AboitizPower President and Chief Executive Officer Emmanuel Rubio said.Integral aspects of the study include evaluating hybrid-photovoltaic storage technology and assessing the technical and economical viability of generating power from a combination of different RE sources within the context of the Philippines' baseload needs and energy supply and demand characteristics."Thus, we expect this study to be bespoke to the Philippines based on our national resources, our climate, and our geography to suit our energy system. I am excited and optimistic that we will find what we are all looking for simply because it is a great journey of discovery, but more so, this holds great potential for the future generation of Filipinos, and of course, our planet Earth," Rubio added.Liza Luv Montelibano, Chief Financial Officer of AboitizPower, shared that AP's partnership with IFC began back in 2007 when the latter financed the rehabilitation of Aboitiz's power plants, which now serves as an essential contributor to the Philippine's energy landscape. This new engagement, however, marks another milestone in their renewable energy journey."It is with this critical piece that we believe we will be able to pursue an effective solution for energy transition in the Philippines. For us in AboitizPower, this is key for us to remain true to our mission of driving energy sufficiency for the country that is reasonably priced and that is cognizant of taking care of our environment," Montelibano said.Highlighting the importance of renewable energy, Alfonso Garcia Mora, IFC Regional Vice President for Asia and the Pacific, said, "Given its climate commitments, IFC is confident that renewables will offer a viable path forward for the Philippines. Harnessing cleaner and natural resources, including solar and wind, will enable the country to diversify its energy mix and improve energy security while also tackling climate change impacts."AboitizPower, together with its partners, holds the largest RE generation installed capacity in the country, comprising solar, hydro, and geothermal energy.Currently, P190 billion has been allocated for its RE projects and an additional capacity of 3,700 megawatts."At AboitizPower, we recognize our integral part in the commitment towards net zero emissions in the country. Through our 50/50 by 2030 strategy, we aim to achieve a balance between renewable and thermal portfolios in support of the global movement for clean energy," Rubio also said."To grow RE above and beyond the 2030 ambition and to begin reducing CO2 emissions from the Philippine power system, we must find ways to displace fossil fuel burning baseload power with zero-emissions power generation technologies," he added. (PR)

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