MILLION-PESO LOAN PACKAGE
By: Jovic Yee, Philippine Daily Inquirer, May 02, 2017
Officials of the Department of Transportation and Department of Finance signed on Sunday an agreement for a financing mechanism for drivers who would be affected by the government’s jeepney modernization program.
Transportation Secretary Arthur Tugade dubbed the agreement, which was signed on the eve of Labor Day, “a gift” from President Duterte to public utility vehicle drivers who have been asking what assistance they would get from the government with the phaseout of old jeepneys.
Under LandBank’s special program for environment-friendly and efficiently-driven jeepneys, drivers can avail themselves of a P1.4 million- to P1.6 million-loan package to buy either an air-conditioned electric, hybrid or Euro-4 jeepney.
LandBank president Alex Buenaventura said that the driver could end up owning the jeepney since he would be the listed borrower for the loan which must be paid within seven years at an interest rate of 6 percent.
He added that the financing scheme would be similar to the traditional boundary system as drivers would pay the bank P800 daily through its designated cash deposit machines.
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
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September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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