San Miguel Corporation is not only being helpful
to Filipinos it is also making an unprecedented move halping the government by
paying taxes during the time of this COVID-19 pandemic.
SMC is setting aside P11.67 billion for tax, concession and contractual payments throughout the extended enhanced community quarantine (ECQ) period despite an amnesty offer from the national government.
SMC is setting aside P11.67 billion for tax, concession and contractual payments throughout the extended enhanced community quarantine (ECQ) period despite an amnesty offer from the national government.
SMC, the country’s diversified conglomerate said this would be of big help to strengthen
the government’s cash muscle and help it respond effectively to the challenges
of the coronavirus disease 2019 or COVID-19 pandemic.
SMC's Mr. Ramon Ang (photo credit to owner) |
Of the P11.67 billion, SMC has already paid
the government P8.77 billion, while the remaining balance will be remitted
before the end of the quarantine period on May 15.
ALL SMC's 66,000 employees get full pay
SMC President and Mr. Ramon Ang said that its more than 66,000
employees, consultants, and contract workers will be
taken care of during the duration of the enhanced community quarantine
(ECQ), all of them will receive their respective salaries in full despite the work
stoppages.
“These are trying
times and while we, as a company, are not immune to the challenges of this
crisis, the safety and security of our workforce will always come first,” Ang
said. “We do not want them worrying about their jobs.”
Addressing
the conglomerate’s employees, Ang said he was “truly proud of the hard work
that you, most especially our front liners, have been doing in the midst of the
challenges: delivering essential goods and services that are critical in this
battle.”
“Please
continue to adopt our malasakit mindset and focus on what we, as individuals,
can do to make a difference, because many are counting on us,” he said.
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