Categories
Politics

REGULATE DEBT COLLECTION PRACTICES OF FINANCING, LENDING COMPANIES – GATCHALIAN

To protect ordinary Filipino borrowers from harassment and unethical practices perpetuated by predatory lenders, Senator Win Gatchalian has moved to regulate the debt collection practices of financing and lending companies. Gatchalian, vice chairman of the Senate Committee on Economic Affairs, has filed Senate Bill No. 1366 (SBN 1366) or “The Fair Debt Collection Practices Act,” […]

Categories
Politics

VILLANUEVA TO DOLE: CHECK EMPLOYER OF CHINESE WHO FELL TO HIS DEATH

The circumstances surrounding the death of a Chinese national recently merits a closer scrutiny by labor inspectors who should assess whether the victim’s employer complies with pertinent labor standards and regulations, according to Senator Joel Villanueva. Villanueva, chair of the Senate Committee on Labor, Employment, and Human Resource Development, likewise called on the Department of […]

Categories
Politics

BEST OPTION FOR HANJIN IS TO ATTRACT ESTABLISHED SHIPBUILDERS – GATCHALIAN

Senator Sherwin Gatchalian warned against a potential government takeover of the debt-ridden Korean company Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), stressing that the best option is to attract established shipbuilders to operate the firm. Gatchalian said it is “not prudent” for government to take over Hanjin, given its poor track record in taking over […]