Business

Dec312025 by Digicast NegrosNo Comments

GCash launches In-App OTPs to strengthen security against phishing scams and fraud

GCash users urged to turn on push notification settings to make their app transactions safe and secure GCash, the Philippines’ leading finance superapp and largest cashless ecosystem, is rolling out its newest security feature, In-App OTPs (One-Time Passwords). By the first quarter of 2026, users will receive their OTPs directly via secure push notifications within the GCash app instead of SMS. For years, SMS-based OTPs have been targeted by scammers as a means of accessing user accounts. The switch to In-App OTPs is an important step toward addressing these vulnerabilities. By sending OTP requests directly to the user’s authenticated GCash app, GCash ensu...

Dec312025 by Digicast NegrosNo Comments

Government agencies, freelancer community, GCash join forces to boost global competitiveness of Filipino borderless workers

Business

From left: G-Xchange Inc. President and CEO Ren-ren Reyes; Bangko Sentral ng Pilipinas Bank Officer IV Ailyn Lau; Freelancer Louise Jen Manalo; Mynt President and CEO Martha Sazon; Freelancer Dana Krystelle Novales; DTI Philippine Creative Industries Development Council Secretariat Deputy Executive Director Paolo Federico Ramos; DICT Undersecretary for Policy and Communications Sarah Sison; and GCash International General Manager Paul Albano Industry leaders and government officials join the industry launch of GCash Virtual US Account, with the theme “Shaping the Future of Borderless Work: Enabling a Globally Competitive Filipino Gig Economy.”Filipino freelancers need financial tools that no...

Dec302025 by Ferdinand PatinioNo Comments

DOLE-BWC reminds companies to submit 13th month pay compliance report

Business, Top Stories

The Department of Labor and Employment - Bureau of Working Conditions (DOLE-BWC) has reminded companies to submit their 13th-Month Pay Compliance Report by the middle of next month.In a social media post on Tuesday, Dec. 30, the bureau noted that employers have until Jan. 15, 2026 to comply with the order.“This mandatory submission promotes transparency and compliance with labor laws,” it said.Private companies are ordered to submit their report online or through reports.dole.gov.ph.“All private sector employers, regardless of size or number of employees, must submit via the DOLE Online Compliance Portal: reports.dole.gov.ph.,” it said. “For assistance, contact your DOLE Regional or Field/ Provincial Office or visit: https://bwc.dole.gov.ph/ onlinecomplianceportal/.”Th...

Dec262025 by Nanette GuadalquiverNo Comments

Bacolod City distributes P2.4-M allowance to college scholars

Business, Top Stories

The city government here distributed PHP2.44 million worth of financial assistance to its college scholars under the Public Employment Service Office (PESO) on Wednesday.The beneficiaries, who are students of various private colleges and universities in the city, each received PHP3,000 for the first semester of the School Year 2025-2026.In a statement on Thursday, PESO-Bacolod coordinator Jovelyn Canoy, who supervised the payout, reminded the scholars to show appreciation for the city's assistance by following the scholarship program guidelines and continuing to serve the community."This is a privilege and a responsibility," she added.Starting this school year, each PESO scholar is entitled to receive an allowance of PHP3,000 per semester to supplement the tuition subsidy r...

Dec262025 by Joann VillanuevaNo Comments

Oil prices to increase again next week

Business, Top Stories

Geopolitical developments overseas are projected to result in up to PHP0.50 per liter increase in domestic fuel prices next week.Citing price developments as of Dec. 25, Jetti Petroleum president Leo Bellas, in a report, said diesel prices are expected to increase between PHP0.30 to PHP0.50 per liter, and gasoline by up to PHP0.10 per liter.“Oil prices have been supported by geopolitical developments as the tougher U.S. sanctions enforcement on Venezuela and intensified attacks by Ukraine on Russian oil infrastructures have raised the risk of supply disruptions,” he said.“Supporting prices as well is the prospect of a bigger supply risk due to new sanctions on Russia if Moscow does not agree to the Ukraine peace deal,” he added.The Trump government has intensified its sanct...

Dec262025 by Digicast NegrosNo Comments

SSS marks 2025 with pension reform, program upgrades

Business

The Social Security System closes 2025 with implementation of the Emergency Loan Program (ELP) capping off achievements that strengthened social protection for millions of Filipinos highlighted by successful implementation of the Pension Reform Program, loan program enhancements, expanded membership coverage, and significant strides in digital transformation, an SSS official said.SSS President and CEO Robert Joseph Montes De Claro, in a press release, said, “This year was a turning point for SSS. From the directive of President Ferdinand R. Marcos Jr. and with guidance from former Finance Secretary Ralph G. Recto and current Finance Secretary Frederick D. Go, we delivered on our promise to provide better benefits and programs, faster services, and wider coverage for our members. These ...

Dec222025 by Nanette GuadalquiverNo Comments

1.6K jobseekers hired in Bacolod employment fairs since January

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Jobseekers file their applications during the Christmas Job Fair held at the Bacolod City Government Center on Sunday.*BCCO photoMore than 1,600 applicants in various job fairs conducted through the Public Employment Services Office (PESO) in Bacolod City have been hired since January. Among these are the 16 jobseekers hired on-the-spot during the Christmas Job Fair held at the Bacolod City Government Center on Sunday. Dec. 21. Data on Monday showed that 1,585 individuals were employed through PESO-Bacolod as of Nov. 21 alone. The figure excludes all those hired in the three other job fairs. In a statement, PESO-Bacolod coordinator Jovelyn Canoy said the Christmas Job Fair offered employment opportunities to Bacolodnons during the holidays as part the city government's commitment t...

Dec212025 by Carla P. GomezNo Comments

SRA: Importation ban extended until Dec. 2026, gov’t to export raw sugar to raise millgate prices

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Govt to export 400,000 tons of raw sugar.*Ronnie Baldonado file photoThe Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) clarified on Sunday, Dec. 21, that the ban on sugar importation will remain in place until December 2026 and not September, when the current crop year ends.The DA is extending protection for local producers amid improving supply conditions, SRA Administrator Pablo Luis Azcona said.Government officials and sugar leaders in a letter to President Ferdinand Marcos Jr. on Friday, called for the declaration of a no sugar import policy for the next 18 months, unless domestic stock falls below a clear trigger point, to arrest the drop in millgate prices.Azcona expects millgate sugar prices to improve this week amid measures taken by g...

Dec212025 by Carla P. GomezNo Comments

Negros ACE leaders meet with SRA to discuss solutions to sugar price drop

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Valladolid Mayor Ricardo Presbitero, Toboso Mayor Richard Jaojoco and Cadiz Mayor Salvador Escalante - Negros Associations of Chief Executives president, meet with Andre Corro and SRA Administrator Pablo Luis Azcona (l-r) at Natures’ Village Resort in Talisay City on Sunday.* CPG photoLeaders of the Negros Association of Chief Executives (Negros ACE) met with Sugar Regulatory Administrator Pablo Luis Azcona on Sunday, Dec. 21, to discuss ways to raise millgate sugar prices and aid farmers.The recent drop in millgate sugar prices is the "utmost concern" of Negros ACE, its president, Cadiz City Mayor Salvador Escalante, said.“The welfare of our farmers is our priority, we should not kill the goose that lays the golden egg,” Escalante said.Escalante, along with Valladolid Mayo...

Dec212025 by Carla P. GomezNo Comments

Congress to conduct consultation on sugar industry in January: Javi

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Rep. Javier Miguel Benitez (Neg. Occ., 3rd District)*The Agriculture Committee of Congress will conduct a nationwide public consultation on the sugar industry in the third week of January, Rep. Javier Miguel Benitez (Neg. Occ., 3rd District) said on Saturday, Dec. 21.“We have heard the many voices calling for help for the sugarcane industry. This industry is now at a critical juncture and needs quick, effective, and well-studied moves to save it together,” Benitez said in a Facebook post.He said the Senate and the House of Representatives are “opening an opportunity to hear the voices of our stakeholders in this industry” in the third week of January.As representative from Negros where sugarcane is the main crop, Benitez said “we have lobbied to our fellow congressmen an...