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Foreign investment pledges more than double
Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong economic performance, according to the Philippine Statistics Authority......»»
FPRRD opposes disguised Charter change initiative
Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»
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......»»
308 mln USD stolen in investment, romance scams in 2023 in Japan
TOKYO, March 7 (Xinhua) -- The amount of money stolen in investment scams perpetrated via social media and in online romance scams in Japan totaled 45.52 billion yen (about 308 million U.S. dollars) in 2023, police data showed on Thursday. In 2023, damages from investment frauds using Facebook, Instagram and other social media means amounted to 27.79 billion yen in 2,271 cases reported to police, while damages f.....»»
Some P1 billion direct investments pledges materialize in Davao City for Q1 2024
Some P1 billion direct investments pledges materialize in Davao City for Q1 2024.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Olympic, outreach cap fire prevention month
Olympic, outreach cap fire prevention month.....»»
CCAP: Current credit card rate cap sufficient
The Credit Card Association of the Philippines said it fully supports the assessment process of the Bangko Sentral ng Pilipinas in adjusting or keeping the cap on credit card charges, adding that the current ceiling is sufficient......»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»
SPNEC pumps on inclusion to MSCI Philippines Small Cap Index
SP New Energy gained more than 6% yesterday after news that it will be included in the MSCI Philippines Small Cap Index when it is rebalanced on February 29......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 1
TOKYO -- Japan's lunar probe has re-entered a dormant state and suspended activities as it reached sunset, rendering solar power generation unavailable, the country's space agency said on Thursday. The planned activities for the Smart Lander for Investigating Moon (SLIM), which made Japan the world's fifth lunar landing country, concluded on Wednesday, the Japan Aerospace Exploration Agency (JAXA) said. (Japan-M.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 1
TOKYO -- Japan's lunar probe has re-entered a dormant state and suspended activities as it reached sunset, rendering solar power generation unavailable, the country's space agency said on Thursday. The planned activities for the Smart Lander for Investigating Moon (SLIM), which made Japan the world's fifth lunar landing country, concluded on Wednesday, the Japan Aerospace Exploration Agency (JAXA) said. (Japan-M.....»»
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......»»
One Nation, United and Undivided
Statement from the Union of Local Authorities of the Philippines (ULAP) The Union of Local Authorities of the Philippines (ULAP), representing the collective interests of local government units and officials across the nation, steadfastly champions the principle of “One Nation, United, Undivided.” Our commitment is to foster unity and progress for all Filipinos, recognizing that […].....»»
Janno Gibbs explains Japan trip days after dad Ronaldo Valdez died
Janno Gibbs explained that he and his family are still in the consoling stage, and that was the reason they felt the need to be with each other to spend the holidays in Japan. .....»»
DTI Chief Pascual highlights Philippine investment opportunities at Milken Asia Summit in Singapore
DTI Secretary Fred Pascual highlighted the Philippines' readiness to welcome global investors, emphasizing the nation's strategic trade policies and investment priorities at the 10th Milken Institute Asia Summit held on September 14 in Singapore......»»
Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang
MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»