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Globe sets 2024 capex at P55 billion, a 5-year low
Mobile giant Globe Telecom Inc. is bringing down its capital expenditures to a five-year low of P55 billion in 2024, as the telco works on attaining a certain cost efficiency for financial health......»»
Bringing UP to the people
Since it was established in 1908 as a “university for Filipinos,” the University of the Philippines has grown into a system of eight “constituent universities,” each with a certain degree of autonomy but all of them unified by a common vision, shared practices and high academic standards......»»
Concerns conveyed to China over cyber activity
Foreign Minister Winston Peters has confirmed New Zealand's concerns about cyber activity have been conveyed directly to the Chinese Government. "The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New Zealand and the United Ki.....»»
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......»»
Maharlika CEO: terrorists are the only investors we won’t deal with
In an interview with Nikkei Asia, Rafael Consing, CEO of the Maharlika Investment Corp., addressed the delay in the MIC’s deployment of capital, and provided some insight into the level of interest the fund has received from global investors......»»
The biggest infra company
San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»
U-BIX Chairman and CEO Edilberto B. Bravo: The King of Hearts (and Paper)
On paper, U-BIX founder, Chairman, and CEO Atty. Edilberto B. Bravo is intimidating. Prior to our round-table interview, this writer was given pages of materials about the man, his family, and the legacy he has built, transcending the paper and copier business he started in 1968 with his wife, Dr. Felina Bravo......»»
EDITORIAL — Banning GMOs
Agricultural scientists have been genetically engineering plants for decades, to increase yield, make crops resistant to certain pests or boost certain desirable characteristics. In the 1960s, the International Rice Research Institute or IRRI produced IR8, dubbed “miracle rice” because its high yield was credited for fighting famine in many countries......»»
Ernest Cu urges seniors to go digital
Tech rockstar Ernest Cu, president and CEO of leading digital solutions platform Globe Group, has called on Filipino senior citizens to embrace new technology, saying tech-driven solutions are designed to make day-to-day life easier......»»
Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»
Globe to property developers: Remove lease fees for in-building telco facilities
Globe to property developers: Remove lease fees for in-building telco facilities.....»»
Globe rolls out local prepaid eSIM
Globe rolls out local prepaid eSIM.....»»
Globe to property developers: Remove lease fees for in-building telco facilities
Globe to property developers: Remove lease fees for in-building telco facilities.....»»
Globe rolls out local prepaid eSIM
Globe rolls out local prepaid eSIM.....»»
Globe rolls out local prepaid eSIM
Globe rolls out local prepaid eSIM.....»»
Globe to property developers: Remove lease fees for in-building telco facilities
Globe to property developers: Remove lease fees for in-building telco facilities.....»»
Globe rolls out local prepaid eSIM
Globe rolls out local prepaid eSIM.....»»
GForest named 2023 national winner of Energy Globe Award in the Philippines
GCash, the Philippines' leading finance app, through its GForest feature, is the 2023 National Winner of the Energy Globe Award in the Philippines......»»
Globe closed on an additional P1.16-B in tower sales
Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»
GForest named 2023 national winner of Energy Globe Award in the Philippines
GCash, the Philippines' leading finance app, through its GForest feature, is the 2023 National Winner of the Energy Globe Award in the Philippines......»»