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Petron reports 51 percent jump in 2023 earnings

The earnings of Petron Corp. jumped by 51 percent to P10.1 billion in 2023 from P6.7 billion in 2022, fueled by its wide presence and effective volume-generations strategies in the Philippines and Malaysia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Petron bags top taxpayer award from Navotas LGU

Oil giant Petron Corp. has been recognized by the city government of Navotas for its notable contributions as a taxpayer in 2023......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Philippines, US discuss EDCA site logistics

Defense officials of the Philippines and the United States met to discuss the logistics capabilities in Enhanced Defense Cooperation Agreement sites, the Department of National Defense said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

2 logistics firms expand in Balamban

2 logistics firms expand in Balamban.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Malaysian Chamber eyes Davao’s logistics hub potential

THE Malaysia Chamber of Commerce and Industries Philippines, Inc. (MCCI) foresees strong business confidence for investing in Davao City, positioning it as a potential world-class logistics hub competing with leading regions in Southeast Asia such as Singapore, Macau, and Kuala Lumpur in Malaysia......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

2GO powers logistics needs of online sellers in Centarl Luzon

2GO, the logistics and solutions company of the SM Group, has partnered with the Department of Trade and Industry (DTI) to help online entrepreneurs in Central Luzon move their products across the country......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Shopee logistics partner opens biggest facility

Shopee logistics partner SPX Express has formally opened its largest sorting facility in the Philippines in a bid to provide more seamless and efficient delivery solutions......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

AyalaLand Logistics to begin construction on 3 cold storages this year

AyalaLand Logistics said that it will begin construction on three cold storages in 2024, with one facility in Luzon and the other two in VisMin......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Mober secures $2-M in seed funding to electrify Philippine logistics

Mober secures $2-M in seed funding to electrify Philippine logistics.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

US to provide P70M, logistics support for disaster response in Mindanao

US to provide P70M, logistics support for disaster response in Mindanao.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

U.S. to provide P70M, logistics support for disaster response in Mindanao

U.S. to provide P70M, logistics support for disaster response in Mindanao.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

DA: 30 percent of crops wasted due to poor logistics

Nearly a third or 30 percent of the country’s agricultural produce is wasted because of a poor logistics system, the Department of Agriculture said yesterday, as it cited the need to invest “heavily” in post-harvest facilities to reduce losses and lower commodity prices......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

30% of vegetables wasted due to poor logistics — DA

Around 30% of all vegetables produced in the Philippines get discarded or become wastage due to inefficient logistics, according to the estimates of Agriculture Secretary Francisco Tiu-Laurel......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Kim Dy expects playful ‘swagger’ as former F2 Logistics teammates clash in PVL

Expect staredowns in the upcoming PVL season as former members of the F2 Logistics Cargo Movers go up against each other.....»»

Category: newsSource:  rapplerRelated NewsJan 15th, 2024

Del Rosario, Superal forge ICTSI Caliraya Springs showdown

Pauline del Rosario birdied No. 18 from 14 feet to shoot a 69 then watched Princess Superal hole out with a bogey for a 71 in a separate flight in a crucial two-shot swing that set up a compelling showdown between two of the Ladies Philippine Golf Tour stalwarts for the ICTSI Caliraya Springs Championship crown......»»

Category: sportsSource:  philstarRelated NewsApr 10th, 2024

PGT golf tourney begins at Apo with pros ready for showdown

The much-anticipated Philippine Golf Tour kicks off at the challenging Apo Golf and Country Club, promising a rousing showdown as former champions, seasoned campaigners and emerging talents vie for supremacy......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Batangas teams force showdown

Alpha Bah made all his 17 free throws on the way to a season-high 36 points as Lyceum of the Philippines University-Batangas downed Diliman College, 80-70, yesterday to set up an intriguing quarterfinal showdown with University of Batangas in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 at the Paco Arena in Manila......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

Burgos-Quiambao triathlon showdown looms in 5150 CamSur

The homecoming of the triathlon to Camarines Sur promises a thrilling showdown as two of the country’s top Olympic distance runners, Erika Burgos and Bea Quiambao, gird for a spirited battle in women’s division of the 5150 CamSur on February 11......»»

Category: sportsSource:  philstarRelated NewsFeb 3rd, 2024

REPLAY: Sinulog 2024 Grand Parade and Ritual Showdown

REPLAY: Sinulog 2024 Grand Parade and Ritual Showdown.....»»

Category: sportsSource:  abscbnRelated NewsJan 21st, 2024