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Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
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......»»
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 to property developers: Remove lease fees for in-building telco facilities
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 to property developers: Remove lease fees for in-building telco facilities.....»»
Higit 150 Vietnamese pinalayas sa ‘Pinas
NASA 150 Vietnamese ang pinalayas ng Bureau of Immigration (BI) sa bansa noong nakaraang buwan. The post Higit 150 Vietnamese pinalayas sa ‘Pinas first appeared on Abante......»»
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......»»
150 Vietnamese barred from Philippines in March – BI
At least 150 Vietnamese have been excluded from the Philippines for allegedly working in illegal online gaming hubs, the Bureau of Immigration reported yesterday......»»
KKR investing $400 million for telco towers in Philippines
US-based global investment firm KKR is investing $400 million for the development of telco towers in the Philippines, according to the US Department of Commerce......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
Maharlika fund eyes JV for rural telco towers
The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»
Mandani Bay tops off 4 towers, total investments now stands P130B
Mandani Bay tops off 4 towers, total investments now stands P130B.....»»
ACEN receives $150 million green term loan from SMBC
A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region......»»
150,000 more voters in Central Visayas
150,000 more voters in Central Visayas.....»»
Over 150 cats to gather for charity in CV
Over 150 cats to gather for charity in CV.....»»
Capitol signs deal to build 150-MW solar farm
Capitol signs deal to build 150-MW solar farm.....»»
150 MW solar power plant tukuron sa Daanbantayan
150 MW solar power plant tukuron sa Daanbantayan.....»»
Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups
Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups.....»»
Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis
Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis.....»»
Globe seeks removal of lease fees on in-building telco facilities
Globe Telecom Inc. is seeking for the removal of lease fees on in-building telco facilities to support the push for inclusive connectivity......»»