Budget boost for low-earners as minimum wage rises to £9.50 an hour

Rishi Sunak will confirm one of the biggest increases in the minimum wage this week after independent advisers recommended that the main rate should rise to £9.50 an hour. The Low Pay Commission, a panel of experts, has said…

DBM says it disbursed P690 billion for pandemic response

philippine star/Michael Varcas THE Department of Budget and Management (DBM) said it has released P690.26 billion in funds supporting the government’s coronavirus response programs. As of Sept. 30, or the end of the third quarter, the government has disbursed P570…

Gov’t to release P1-billion cash aid for PUV drivers

Jeepney drivers are being affected by the continued surge in pump prices. — Philippine Star/Michael Varcas THE government plans to release P1 billion in cash grants for public utility vehicle (PUV) drivers this year in response to soaring pump prices.…

BSP eyes testing banknotes made of polymer in 2022

BW FILE PHOTO By Luz Wendy T. Noble, Reporter THE Bangko Sentral ng Pilipinas (BSP) is considering testing P1,000 banknotes made of a “more durable” polymer material next year. The central bank is also looking at how limited testing circulation…

Sept. budget gap widens to P181B

philippine star/Michael Varcas By Jenina P. Ibanez, Reporter THE National Government’s deficit widened in September as spending outpaced a smaller increase in revenue collection, the Bureau of the Treasury (BTr) reported. Preliminary data from the BTr showed the fiscal gap…

Why Your Business Needs a VPN

A Virtual Private Network, or a VPN, is the latest in internet security technology. Businesses are installing them all around the world to keep their resources safe and to allow for remote working, be that working from home or…

Why start-ups fail: 5 barriers to business success and how to overcome them

In 2019, the Telegraph revealed that 20% of new ventures will fail within just 12 months of opening their doors, with that figure climbing to 60% within the first three years. In fact, failure at the start-up phase is…

Lessons fatherhood taught me about business

Here’s something that you’ll hear rarely — running a business is like raising a child. While this analogy may be strange, I believe it holds true. There’s no business person I know out there that doesn’t hold…

Wales Chief Medical Officer: ‘Draconian’ steps may be reintroduced if cases keep rising

More “draconian” measures could be reintroduced in Wales if cases of Covid-19 continue to soar, the country’s chief medical officer has warned. Dr Frank Atherton said he has been “disappointed” to see many people have stopped carrying out the…

Hybrid work to continue even after pandemic ends — WeWork

WEWORK, a co-working space provider, is confident that the hybrid working model will continue even after the coronavirus pandemic. “Even post-pandemic, we see the hybrid workplace strategy remaining, and this flexibility that allows employees to work anywhere and allows companies…

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