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.
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
