Starting this August, the Land Transportation Office (LTO) will possibly release the driver's license with validity of 5 years as President Duterte earlier promised.
LTO Chief Ed Galvante said, LTO started the renewal of driver's license with a validity of 5 years since last year but due to the delay of the supply of the plastic cards, they are only able to issue receipts. The LTO is optimistic that the plastic cards will be available on the said month.
Meanwhile, the LTO Chief has uttered support to the program of the Land Transportation Franchising and Regulatory Board (LTFRB) which is the establishment of the Driver's Academy which will begin this month
Public Utility Drivers will be required to attend the one to two days classes. At the academy, they will learn the traffic rules and regulations, LTFRB policies, and they will also be taught on how to avoid road rage.
Grab and Uber drivers will also be required to undergo the same training.
LTFRB board member Aileen Lizada said that they will conduct an exam after the training and if the drivers passed, they will be given an ID Card.
The list of the passers will be then listed to their database. The operators will be able to check the status of the drivers they are hiring.
Source: ABS-CBN News
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The Barangay Micro Business Enterprise Program (BMBE) or Republic Act No. 9178 of the Department of Trade and Industry (DTI) started way back 2002 which aims to help people to start their small business by providing them incentives and other benefits.
If you have a small business that belongs to manufacturing, production, processing, trading and services with assets not exceeding P3 million you can benefit from BMBE Program of the government.
Benefits include:
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If you have a small business that belongs to manufacturing, production, processing, trading and services with assets not exceeding P3 million you can benefit from BMBE Program of the government.
Benefits include:
- Income tax exemption from income arising from the operations of the enterprise;
- Exemption from the coverage of the Minimum Wage Law (BMBE 1) 2) 3) 2 employees will still receive the same social security and health care benefits as other employees);
- Priority to a special credit window set up specifically for the financing requirements of BMBEs; and
- Technology transfer, production and management training, and marketing assistance programs for BMBE beneficiaries.
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