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SSS Professional Sector Department Head Carlo C. Villacorta (left photo) shares the value of SSS membership to residents of Villa Espa%uFFFDola in San Jose Del Monte, Bulacan, while several employees from the SSS Professional Sector Department (right photo) handle the inquiries and transactions of the community's residents.

SSS ask Bulacan informal sector workers to get social security coverage 

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The Social Security System (SSS) recently urged informal sector workers in a community in San Jose Del Monte, Bulacan, to become self-employed members of the SSS. The SSS promoted the value of social security coverage to the residents of Villa Espa&...

Finance Secretary Benjamin Diokno

Diokno supports certification of Maharlika Fund bill 

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Finance Secretary Benjamin Diokno welcomed President Ferdinand R. Marcos Jr.'s move to certify as urgent Senate Bill 2020 that seeks to create the Maharlika Investment Fund, according to a report by Philippine News Agency. "We welcome ...

Motorcycle sales in PH rise 16.7% in Q1

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As motorcycles continue to deliver one of the most convenient modes of transportation, the Motorcycle Development Program Participants Association, Inc. (MDPPA) recorded a 16.7 percent increase in the country’s motorcycle sales this Q1 of 2023 ...

Pasay News

Pasay Reclamation

PCC approves Pasay reclamation joint venture

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The Philippine Competition Commission (PCC), the anti-trust body, has approved the joint venture between the Pasay City government and the Pasay Harbor City Corp. led by businessman Dennis Uy for the P265-hectare reclamation project.

The city government granted rights to reclaim the municipal waters of Pasay in Manila Bay while Pasay Harbor City Corp. will finance all raw land expenses in the 265-hectare reclamation project.

Pasay Harbor City is a partnership composed of Udenna Development Corp. (UDEVCO), Ulticon Builders, Inc. and China Harbour Engineering Company.

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"PCC’s merger review found that the transaction is not likely to lead to substantial lessening of competition in the relevant market," the PCC said in a decision dated September 26.

The PCC said this deal was its first merger review where a local government unit is involved as a party to a joint venture.

Pasay Harbor City submitted an unsolicited proposal to develop part of Manila Bay within Pasay City's domain.


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