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17th Asian Financial Forum explores pathways to shared economic growth

Themed "Multilateral Cooperation for a Shared Tomorrow," the Asian Financial Forum commenced on Wednesday at the Hong Kong Exhibition and Convention Centre......»»

Category: financeSource: philstar philstarJan 24th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

East Asia and Pacific to see moderate growth

The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

WATCH: Kris Aquino celebrates Bimby s 17th birthday

"Queen of All Media" Kris Aquino celebrated the 17th birthday of her youngest son Bimby. .....»»

Category: entertainmentSource:  philstarRelated NewsApr 25th, 2024

Love doesn t die : Kris Aquino celebrates Bimby s 17th birthday

Host-actress Kris Aquino marked the 17th birthday of her youngest son Bimby as she continues to battle several autoimmune diseases......»»

Category: entertainmentSource:  philstarRelated NewsApr 20th, 2024

Maharashtra signs MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde

Davos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3 lakh crores, but M.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Maharashtra signed MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde

By Ravi KhandelwalDavos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Maharashtra signs MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde

Davos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3 lakh crores, but M.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

Maharashtra signed MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde

By Ravi KhandelwalDavos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

Katambal ni Janella na si Win Metawin unang Thai AFA Rising Star awardee

DADALO ang emerging Thai star na si Win Metawin sa gaganaping 17th Asian Film Awards (AFA) sa Hong Kong ngayong Marso. Siya lang naman ang kauna-unahang Thai na tatanggap ng AFA Rising Star Award. Iginagawad ang nasabing pagkilala sa mga promising new generation talents na nagpakita ng exceptional breakthroughs and potentials sa Asian cinema. Kahilera ngayon.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

Extreme weather, economic downturn top risks for Philippines – WEF

Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Betterment of women s sports tackled in forum

In celebration of Women's Month, Evident Integrated Marketing and PR hosted a forum called Equal Play: Accelerating Progress for Filipina Athletes, to discuss the progress of Filipina athletes in terms of representation and opportunities......»»

Category: sportsSource:  philstarRelated NewsMar 23rd, 2024

Bacolod officials laud MBCCI for power forum

Bacolod officials laud MBCCI for power forum.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

‘Hope Heals’ Council of Presidents holds mental health forum

‘Hope Heals’ Council of Presidents holds mental health forum.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

SU hosts micro-credentialing forum, create network for ‘stackable’ courses

SU hosts micro-credentialing forum, create network for ‘stackable’ courses.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Philippine shooting body to guest in maiden PSA Forum for 2024

The Philippine Sportswriters Association (PSA) Forum holds its first session for 2024 on Tuesday by featuring one of the sports vying for spots in the coming Paris Olympics......»»

Category: sportsSource:  philstarRelated NewsFeb 5th, 2024

Philippines to join ASEAN Tourism Forum 2024 in Lao PDR

The Philippines’ diverse tourism offerings will once again be showcased internationally as the country is set to participate at the ASEAN Tourism Forum (ATF) 2024 in Lao PDR......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024