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Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
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......»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»
Long COVID prevalence in these states according to new CDC report
The latest Morbidity and Mortality Weekly Report (MMWR) from the CDC has shed light on the lingering effects of COVID-19 among residents in certain states.....»»
Marcos, Vietnamese leaders to tackle food security, maritime issues
The Philippines and Vietnam will sign next week a deal to boost cooperation between their coast guards in light of lingering tensions between Manila and Beijing in the West Philippine Sea. .....»»
President Marcos, Vietnamese leaders to tackle food security, maritime issues
The Philippines and Vietnam will sign next week a deal to boost cooperation between their coast guards in light of lingering tensions between Manila and Beijing in the West Philippine Sea. .....»»
Lady Spikers overcome flat start
La Salle battled back from a set down to take care of also-ran Adamson, 17-25, 25-19, 25-11, 25-22, and get back on track in a tightrope Top-Two race in the UAAP women’s volleyball tournament yesterday at the Smart Araneta Coliseum......»»
Metro Retail net income down in 2023
Earnings of Metro Retail Stores Group Inc., the listed retail company of the Gaisano Group, fell by a third last year on flat sales......»»
Xinhua Headlines: What China s new economic pivot means for the world
by Xinhua writer Liu Bowei BOAO, China, March 30 (Xinhua) -- On a flat ground in the Mymensingh district in north-central Bangladesh, some 169,000 solar panels are laid in rows, converting sunrays into electrical power. Now, the 50 MW photovoltaic power plant serves as an epitome of Bangladesh's booming green power development, as the South Asian country has announced the decision to reduce carbon dioxide.....»»
Nvidia Earnings Pose Critical Test for AI-Led Market Rally – The Daily Guardia
Dow Jones Futures Flat, Nvidia Earnings Loom Large In a recent update on Sunday night, Dow Jones futures remained unchanged, with all eyes on Nvidia.....»»
Record Week for S& P 500: Live Updates on Stock Futures – The Daily Guardian
U.S. Stock Futures Flat as S&P 500 Breaks Records U.S. stock futures held steady on Sunday night, maintaining the momentum from a record-breaking week for.....»»
Alex kinatuwaan ng netizens sa IG posts
MATABILni John Fontanilla KINAGILIWAN ng netizens at ng kanyang kapwa artista ang post sa Instagram ni Alex Gonzaga, isang araw pagkatapos ng kanyang Ika-36 na kaarawan. Nag-post ito ng larawan sa kanyang IG @AlexGonzaga na may caption na, “ONE FLAT DOWN, ONE MORE TO GO.” Na sinundan pa ng, “Older and bolder.” Ilan sa naging komento ng netizens at mga ….....»»
Samsungs Vision of a Flatter Future Revealed in Leaked Galaxy S24 Ultra Hands-On Video
Title: Leaked Video Confirms Samsung Galaxy S24 Ultra’s New Flat Display Design [City], [Date] – In an exciting turn of events, a leaked hands-on video.....»»
Basic Energy’s chairman steps down due to health concerns
Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»
Basic Energy’s chairman steps down due to health concerns
Basic Energy disclosed that its chairman, Ramon Villavicencio, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns......»»
SC opens one-stop shop for court concerns
The Supreme Court has opened a one-stop shop for court concerns to systematize and organize the workflow of processes in the SC......»»
Cebu City council seeks halt to CBRT construction due to heritage concerns
CEBU CITY, Philippines – The Cebu City Council resolved to halt the ongoing civil works of the Cebu Bus Rapid Transit (CBRT) project at the Cebu Provincial Capitol, citing concerns that the construction poses a visual intrusion on the iconic building. Vice Mayor Raymond Alvin Garcia brought forth the motion, urging the Office of the.....»»
BCCP raises concerns over plans to curb meat imports
The British Chamber of Commerce Philippines expressed concerns on the agriculture department’s plan to temporarily suspend the minimum access volume on corn and pork......»»