After 22 years, 145 employees of IBC receive retirement pay
The Philippine Star|May 05, 2024
After more than two decades, 145 former employees of state-run Intercontinental Broadcasting Corp. (IBC), some of whom are grappling with health issues, finally received their retirement pay last Friday.
ALEXIS ROMERO

It took 22 years and 28 management teams before the payment was released, the Presidential Communications Office (PCO) said in a statement.

However, at least 25 of the retirees of the government media entity, also known as IBC-13, passed away before the benefits were awarded.

About P500 million in retirement pay was given to the former IBC employees, benefitting 200 families.

Bu hikaye The Philippine Star dergisinin May 05, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

Bu hikaye The Philippine Star dergisinin May 05, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

THE PHILIPPINE STAR DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
DMCI, EEI bag P5.1-B contracts for Cavitex links
The Philippine Star

DMCI, EEI bag P5.1-B contracts for Cavitex links

The Metro Pacific Group has awarded P5.09 billion in contracts to build connector roads for the Manila-Cavite Expressway (CAVITEX) to D.M. Consunji Inc.

time-read
1 min  |
May 24, 2024
The Philippine Star

Trade fair generates 165 M export sales

Over $165 million worth of export sales were generated at the country's international food trade exhibition held earlier this month, the Department of Trade and Industry (DTI) said.

time-read
1 min  |
May 24, 2024
Vista Land spending P30 B this year
The Philippine Star

Vista Land spending P30 B this year

The Villar Group's listed property developer has earmarked P30 billion this year to boost its residential offering and expand its land bank.

time-read
2 dak  |
May 24, 2024
The Philippine Star

BSP moves to curb forex speculation

The Bangko Sentral ng Pilipinas has intervened in the exchange rate market in modest” amounts to curb speculation as the peso approached a record low on Tuesday, the BSP’s top official said.

time-read
1 min  |
May 24, 2024
DYNAMIC DUO POWERS MAVS TO GAME 1 WIN
The Philippine Star

DYNAMIC DUO POWERS MAVS TO GAME 1 WIN

Luka Doncic and Kyrie Irving combined for 63 points as the Dallas Mavericks won Game 1 of the Western Conference finals with a 108-105 victory at the Minnesota Timberwolves on Wednesday

time-read
1 min  |
May 24, 2024
The Philippine Star

Norway closes border to Russian tourists

Norway yesterday said that it will close its border to Russian tourists, shutting their last direct access to Europe's border-free Schengen area.

time-read
1 min  |
May 24, 2024
The Philippine Star

UK elections to be held on July 4

British Prime Minister Rishi Sunak on Wednesday set July 4 as the date for a national election that will determine who governs the United Kingdom, as his divided and demoralized Conservative Party faces its biggest challenge to its 14-year rule.

time-read
2 dak  |
May 24, 2024
China surrounds Taiwan as punishment
The Philippine Star

China surrounds Taiwan as punishment

China yesterday encircled Taiwan with naval vessels and military aircraft in war games, as it vowed the blood of \"independence forces\" on the self-ruled island would flow.

time-read
1 min  |
May 24, 2024
The Philippine Star

US, Netherlands conduct navy operations

BEIJING (Reuters) - The Netherlands and United States' navies conducted bilateral operations in the South China Sea on Wednesday, the US Navy said.

time-read
1 min  |
May 24, 2024
The Philippine Star

Medialdea refutes Marcos’ claims on Yolanda inaction

DAVAO CITY - Former executive secretary Salvador Medialdea yesterday refuted President Marcos' claims that the past administrations have done nothing to provide housing units for victims of Super Typhoon Yolanda.

time-read
1 min  |
May 24, 2024