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Displaced workers assured of assistance from DOLE s increased 2021 budget – Manila Bulletin

Published December 18, 2020, 11:52 AM Senator Juan Edgardo “Sonny’’ M. Angara today said workers affected by the disruptions caused by the COVID-19 pandemic would continue to receive assistance from the Department of Labor and Employment (DOLE) next year as a result of the interventions made by Congress in the proposed 2021 P4.5 trillion national budget. Sen. Sonny Angara (Alexis Nueva España/Senate PRIB) Angara, chairman of the Senate finance committee, explained that members of Congress were all in agreement that the workers affected by the pandemic should continue to receive some form of assistance from the government in 2021 because many of them are still without jobs.

Congress fails to pass CREATE bill, corporate incentives delayed

Sen. Pia Cayetano (Alexis Nueva España/Senate PRIB) Senator Pia S. Cayetano, principal author of the CREATE bill, absolved the Senate from the blame.     She stated that a delay by the House of Representatives to name its chairman and members of its bicameral conference committee to meet with their Senate counterpart to iron out the differing provisions of their versions of the CREATE bill caused the problem.    So on the New Year, business sector would not enjoy the proposed incentives and a reduction of their corporate tax from 30 percent to 25 percent, Cayetano told her colleagues as they prepared to go on a five-week Christmas recess starting Thursday.      

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