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SEC-Davao advises timely submission of requirements for amnesty payments

The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Spoelstra inks contract extension deal with Miami Heat

MIAMI  — Erik Spoelstra and the Miami Heat have agreed on a contract extension, ensuring that the longest-tenured coach in franchise history only keeps adding to his team records for many years to come. Spoelstra signed an eight-year extension worth around $120 million — the largest contract in NBA history in terms of total value.....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2024

Cha-cha mabobokya kapag sinahugan ng term extension

Baka wala nang sumuporta sa Charter change kapag isinama ang diskusyon sa term extension ng mga opisyal ng gobyerno, babala ni Senate President Juan Miguel Zubiri. The post Cha-cha mabobokya kapag sinahugan ng term extension first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Man asks family to visit him after being arrested with another person for gathering firewood

Man asks family to visit him after being arrested with another person for gathering firewood.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

MPUV operator asks city council for help

MPUV operator asks city council for help.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

Sara reveals she will run in next polls

Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»

Category: newsSource:  sunstarRelated NewsJan 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

Castro asks DOJ to review grave threat raps vs ex-president Duterte

Rep. France Castro (ACT-Teachers Party-list) asked the Department of Justice (DOJ) to dismiss the fiscal's resolution after the Quezon City prosecutor junked the grave threat charges against former President Rodrigo Duterte......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Ravens sign Justin Madubuike to four-year extension

The Baltimore Ravens have locked in one of their key defensive pieces for the foreseeable future. The team announced a four-year contract extension for defensive.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Jeepney drivers rejoice ‘partial victory’ for phaseout extension

Jeepney drivers rejoice ‘partial victory’ for phaseout extension.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

McLaren F1 driver Lando Norris signs multi-year contract extension

WOKING, England— McLaren driver Lando Norris signed a multi-year contract extension with the Formula One team on Friday. The 24-year-old British driver’s existing contract ran until the end of 2025. The new deal secures his services alongside teammate Oscar Piastri for several more seasons in an exciting pairing. McLaren did not say how long was.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Affected residents support CCLEX bridge extension

Affected residents support CCLEX bridge extension.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 2024

Marcos: No more extension for PUV consolidation

There will be no more extension of the franchise consolidation under the Public Utility Vehicle Modernization Program after April 30, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

No more extension for PUV consolidation deadline — Marcos

President Ferdinand Marcos Jr. said that the government will not grant another deadline extension for franchise consolidation under the public utility vehicle modernization program......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

Extension sa Pasil seawall, legacy projects tinguha ni Kap. Francisco

Extension sa Pasil seawall, legacy projects tinguha ni Kap. Francisco.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

lRT-1 Cavite extension 97% complete

The first phase of the Light Rail Transit Line 1 Cavite Extension is 97 percent complete......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Kerr misanong sa $35M nga contract extension

Kerr misanong sa $35M nga contract extension.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Kerr, Warriors agree to $35M, 2-year extension

Kerr, Warriors agree to $35M, 2-year extension.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Steve Kerr, Golden State agree to $35 million, 2-year extension, AP sources say

Steve Kerr, Golden State agree to $35 million, 2-year extension, AP sources say.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024