Grab Philippines commends Marcos, Romualdez on transpo reforms
During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»
SC commends RTC judges in CV for efficiency
SC commends RTC judges in CV for efficiency.....»»
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......»»
Duterte using cops, soldiers for power grab – Bayan
The military and the police should not allow themselves to be used by former president Rodrigo Duterte in his desire to grab power by ousting President Marcos, cause-oriented group Bagong Alyansang Makabayan (Bayan) said yesterday......»»
NEWS BRIEFS | 8 February 2024
House Speaker Romualdez visits Army’s 4ID HQ in Cagayan de Oro House Speaker Martin Romualdez visited the headquarters of the Army’s 4th Infantry Division in Camp Evangelista, barangay Patag here on Tuesday. Major Francisco Garello, 4ID spokesperson, said Romualdez came here as part of a two-day Armed Forces of the Philippines and House of Representatives […].....»»
Romualdez inspects OFW lounge to ensure convenience
HOUSE Speaker Ferdinand Martin Romualdez personally checked on the condition of the Overseas Filipino Worker (OFW) Lounge at the NAIA Terminal 1 to ensure that once opened for the OFWs, it will offer to them the kind of amenities and convenience that paying air passengers enjoy. Romualdez said the use of the new lounge will […].....»»
Grab tests DriveYourCar service
Ride-hailing giant Grab Philippines is testing the viability of a new service that allows customers with vehicles to hire a driver for almost P2,000 for 12 hours......»»
Grab contributes up to 0.3 percent to GDP – study
Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»
GrabBike relaunch? Grab readying its motorcycle taxis even without approval
As Grab's top brass meet with the President, could the ride-hailing giant be readying to finally crack into the motorcycle taxi market?.....»»
Angkas to Angcars? Here are the challengers to Grab’s ride-hailing dominance
There are currently six approved transport network companies, with Angkas and possibly InDrive set to join them, but none have yet to truly challenge Grab.....»»
Angkas to ‘Angcars?’ Here are the challengers to Grab’s ride-hailing dominance
There are currently six approved transport network companies, with Angkas and possibly InDrive set to join them, but none have yet to truly challenge Grab.....»»
CRMC, USJ-R grab 2nd wins in Sinulog Cup
CRMC, USJ-R grab 2nd wins in Sinulog Cup.....»»
Davao lawmakers thank President Marcos, Romualdez for aiding flood victims
Lawmakers from Davao have thanked President Marcos and Speaker Martin Romualdez for continuously sending aid to flood victims in the region, including the endorsement of P150 million in cash aid and 51,000 food packs......»»
Imee Marcos: Romualdez mastermind behind people’s initiative
Imee Marcos: Romualdez mastermind behind people’s initiative.....»»
US-Phl relationship ‘at its best right now’
Philippine Ambassador to the United States Jose Romualdez is urging the Philippine business community to rally behind President Marcos’ push for economic reforms that will enable the country to attract more foreign investments and compete with our strong neighbors in the region -- Vietnam, Indonesia, Malaysia and Thailand, who are all likewise trying to attract such investments......»»
NEDA: Further reforms needed in telco industry
The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»
SEC to work with Go on capital market reforms
The Securities and Exchange Commission has vowed to work closely with Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to push reforms that would deepen the capital market......»»
Go pushes reforms to address concerns
The newly created Office of the Special Assistant to the President for Investment and Economic Affairs is spearheading programs and reforms to address investor concerns and streamline processes......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
PSE looks forward to capital market reforms with Recto
The Philippine Stock Exchange said it is looking forward to working with newly appointed Finance Secretary Ralph Recto in introducing reforms that would further deepen the capital market......»»
Speaker pitches Philippines as ideal investment destination at WEF
With its “unique demographic advantage and ongoing reforms to open up the economy,” the Philippines is now an “ideal destination” for foreign investments, Speaker Martin Romualdez told leaders and representatives of the Association of Southeast Asian Nations gathered for the World Economic Forum annual meeting in Switzerland......»»