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Super Micro Enters S& P 500 After Stock Price Surge of Over 20-Fold in Two Years
Super Micro Computer Inc. has reached a major milestone as it joins the prestigious S&P 500 index after a remarkable surge in its stock price......»»
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......»»
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......»»
LTFRB issues over 1,000 special permits to PUVs ahead of Holy Week
To ensure the smooth travel of Filipinos during Lenten season, the Land Transportation Franchising and Regulatory Board (LTFRB) announced the approval of special permits to 1,021 public utility vehicles (PUVs)......»»
176 ka bus gihatagan og special permit sa LTFRB 7
176 ka bus gihatagan og special permit sa LTFRB 7.....»»
LTFRB to inspect transport terminals
Land Transportation Franchising and Regulatory Board Chairman Teofilo Guadiz is scheduled to inspect transport terminals tomorrow ahead of the exodus of passengers during the Holy Week, LTFRB spokesperson Celine Pialago said yesterday......»»
LTFRB-Davao to strictly monitor bus terminals for Holy Week
THE Land Transportation Franchising and Regulatory Board Region-Davao Region (LTFRB-Davao) assures strict security measures in bus terminals in line with the observance of the Holy Week from March 24 to 31, 2024......»»
No competition between motorcycle taxis, other transport modes — LTFRB
Motorcycles taxis do not pose a threat to other public utility vehicles (PUVs), including jeepneys and tricycles, as a means of livelihood, the Land Transportation Franchising and Regulatory Board (LTFRB) said......»»
LTFRB chief kampanteng PUVMP maipatutupad
SA PAGBASURA kamakailan ng isang kaso sa legalidad ng Public Utility Vehicle Modernization Program (PUVMP), umaasa si Land Transportation Franchising and Regulatory Board (LTFRB) Chairperson Teofilo Guadiz III na ang mga nakabinbing kaso laban sa palit-jeep ay magkakaroon ng parehong resulta. “Base ho sa nangyari ngayon na desisyon ng Supreme Court, kung ito ho ang ….....»»
LTFRB: PUJ drivers, operators sa Davao dili maapektuhan sa PUVMP
LTFRB: PUJ drivers, operators sa Davao dili maapektuhan sa PUVMP.....»»
PNP expresses concern over surge in minors apprehended for vaping
PNP expresses concern over surge in minors apprehended for vaping.....»»
New ride-hailing app inDrive suspended due to fare-haggling system
Prior to the suspension order, inDrive was positioning itself to make a splash as a competitor to Grab. Now, its plans are on pause after the LTFRB questioned its fare-haggling system......»»
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.....»»
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......»»
CRMC, USJ-R grab 2nd wins in Sinulog Cup
CRMC, USJ-R grab 2nd wins in Sinulog Cup.....»»
Dcott assists bus companies for Holy Week special permits
THE Davao City Overland Transport Terminal (Dcott) has collaborated with bus companies, ensuring they obtain or renew their special permits from the Land Transportation Franchising and Regulatory Board-Davao Region (LTFRB-Davao) ahead of the anticipated surge in passengers during the upcoming Holy Week......»»