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Politics

NO INTERNET ‘MONOPOLY’ IN CONDOS, SUBDIVISIONS

Makati City Representative Luis Campos Jr. warned condominium and subdivision developers against forming exclusive deals with a sole internet service provider (ISP), saying they risk getting slapped with administrative fines of up to P100 million. “The law is very clear. These exclusionary arrangements with an in-house ISP are prohibited. They are unlawful barriers to the […]

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Politics

TEACHERS TO GET P1K AS WORLD TEACHERS’ DAY BENEFIT

The country’s over 900,000 public school teachers are expected to receive their P1,000 World Teachers’ Day Incentive Benefit (WTDIB) without any delay, Makati City Rep. Luis Campos Jr. said on Tuesday. “The amount of P910 million meant to pay for the WTDIB of public school teachers is itemized and fully funded in this year’s General […]

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Politics

MAKATI SOLON TO BSP: DEFER HIKE OF ATM FEES

Makati City Representative Luis Campos Jr. is asking the Bangko Sentral ng Pilipinas (BSP) to consider deferring the implementation of a new automated teller machine (ATM) charging model that will cause user fees to spike up to 63 percent starting April. Campos, a member of the House committee on banks and financial intermediaries said it […]

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Politics

INCREASE BANK DEPOSIT INSURANCE COVERAGE – CAMPOS

A bill seeking to double the maximum insurance protection of the country’s 63 million bank depositors has been filed at the House of Representatives. Makati City Rep. Luis Campos Jr. filed House Bill 5812, which proposes to increase the maximum deposit insurance coverage (MDIC) from P500,000 to P1 million per depositor per bank. “We have […]