Tue06182013

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Power to the people

IT is crucial for the Philippines to accelerate infrastructure development to further boost economic growth in the next three years, according to economists. And such development should really prioritize power-generation projects, as the economy will screech to a halt without a stable power supply.

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The BCDA’s phantom lien

THE claim of the Bases Conversion and Development Authority (BCDA) to a parcel of land it conveyed to the city of Taguig by way of a land-for-land deal when the agency encroached on the city’s own property can be considered a phantom lien—a nonexistent claim to a piece of land now owned by Taguig, but which the BCDA is trying to enforce its ownership rights thereto. The BCDA’s posturing is as preposterous as it is unenforceable, making it a laughingstock.

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Can a ‘sari-sari’ store owner become an SSS member?

I recently received a text question from a sari-sari store owner who wanted to know if he can register as a Social Security System (SSS) member. There are many other micro- and small-business owners who are also wondering if they could become members and save up for their retirement. The answer is: Absolutely yes!

Read more: Can a ‘sari-sari’ store owner become an SSS member?


 

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