Category Archives: Economy

IN LIEU OF 13TH MONTH PAY, WORKERS TO RECEIVE 9 MONTHS EXTRA PAY

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Workers in the Philippines will not get their 13th month pay this year, thanks to the Covid-19 pandemic which has greatly impacted businesses and employers in the country.

But if a proposed bill makes it through Congress, workers will, instead, receive the equivalent of 9 months in extra pay (March to December) to compensate for the lockdowns and community quarantines imposed by the government.

The bill will be introduced today by a group of unnamed Senators and Congressmen to ensure that all Filipinos will still enjoy their Christmas holidays while being compensated for lost income due to the pandemic.

The proposed bill does not discriminate. Whether or not workers continued to receive their paychecks since the community quarantine was imposed in March this year, they will be entitled to the 9 months extra pay.

It’s a win-win situation for Filipino workers!

Philippines Poised To Become 28th State Of E.U.

BRUSSELS, Belgium (The Adobo Chronicles, Berlin Bureau) – The Philippines may not become the 51st state of the United States but it could become the 28th state of the European Union (EU).

EU has taken a deep interest in the Philippines because of its strategic location in Asia Pacific, a region that the Union considers crucial to its global economic and other strategies.

EU is an economic and political union of 27 countries and operates a single, internal market which allows free movement of goods, capital, services and people between member states.  It used to have 28 member states before Great Britain withdrew from the alliance.

The latest intervening move of EU was to pass a resolution demanding the release from prison of Opposition Senator Leila De Lima, whom the Union believes could succeed President Rodrigo Duterte whose term ends in 2022.

Sources at EU told The Adobo Chronicles that De Lima is perceived to be an ally and, if elected the next President, could help facilitate the entry of the Philippines into the Union to replace Great Britain.

After Brexit, there’s Philentry.

 

 

Adobo Chronicles’ Fearless Forecast For 2020 (Philippines)

We’ve already named our Person of the Year. Now it’s time to reveal our fearless forecast for the coming New Year 2020. In general, our predictions bode well for the Philippines although there are a few sticklers, sticking out like a sore thumb. You’ll easily recognize these sores.

Here goes:

  1. The Philippines will become a net exporter of crabs and bitter gourd (ampalaya) because of an oversupply of the negas, mostly belonging to the 5% who do not approve of President Rodrigo Duterte.
  2. Because of the Rice Tariffication Law now in effect, many farm owners will be forced to sell their agricultural land.  The loss in rice farming is a big gain for Senator Cynthia Villar’s Vista Land.
  3. You can never kill Cardo, so despite the fact that the ABS-CBN broadcasting franchise comes to an end in the first quarter of 2020, FPJs “Ang Probinsiyano” lives on.  It will just move to GMA Channel 7.
  4. Love is lovelier the third time around.  We predict that Vice President Leni Robredo will again be appointed by Duterte to a Cabinet position, this time as the new Executive Secretary, in place of Salvador Medialdea.
  5. Rappler CEO Maria Ressa is running out of awards and citiations from foreign media outfits and Human Lies Organizations.  But no worries. The defunct Newsweek Magazine will come back to life in 2020 and its first “Person of the Year” is none other that the resurrected Ressa.
  6. Thanks to grandstanding U.S. Senators — Partrick Leahy and Dick Durbin, U.S. citizens will now be required to obtain a visa when entering the Philippines.
  7. Meanwhile, Duterte’s “Build, Build, Build” program will be expanded further in 2020, and will be renamed, “Build, Build, Build, Build.”
  8. Christmas 2020 is just less than a year away, so Jose Marie Chan will come up with a new Christmas album to be released on September 1, 2020.

TO ALL OUR READERS, FOLLOWERS AND SUPPORTERS, A HAPPY NEW YEAR AND MAY YOU ALL RECEIVE THE BEST UNBELIEVABLE NEWS IN 2020!