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Cebu Pacific receives fuel-efficient A321 aircraft
Gokongwei-led Cebu Pacific continues to ramp up its commitment to advance sustainability and strengthen its operational resiliency amid the rising demand in air travel as it received another Airbus A321neo last Thursday......»»
Shell Pilipinas profit tumbles to P1.2 billion in 2023
The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»
UAAP finals losses in last year of eligibility fuel UP s Cagulangan
It’s been a couple of months since, but graduating UP guard JD Cagulangan continues to hold near the sting of his most recent UAAP finals loss at the hands of the DLSU Green Archers last December......»»
Fuel price hike next week
As travel peaks for the Holy Week, hefty fuel prices are expected......»»
DOLE-Davao vows to strictly monitor compliance of employers with new wage order
DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»
MOU on crude coconut oil export to Europe
The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»
Authentic System Solutions streamlines processes and workflows
Discover how Authentic System Solutions can help streamline your construction business processes & workflows. Founded in 2013, Authentic System Solution is a Cebu-based Software Company with over 100 active clients nationwide and is compliant with BIR Computerized Accounting System (CAS) requirements. “Our goal is to help our client’s process and workflows in-place based on the.....»»
Bacolod City Ensures Legality: Market Permit Checks Aim for Compliant Businesses (PH)
Bacolod City Ensures Legality: Market Permit Checks Aim for Compliant Businesses (PH).....»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
DTI-BIR joint ops yield shop closure, seizure of non-compliant vape products in Manila
The joint forces of the Department of Trade and Industry (DTI) and Bureau of Internal Revenue (BIR) resulted in the closure of two (2) vape stores and confiscation of 989 units of non-compliant vaporized nicotine and non-nicotine products and novel tobacco products worth P344,520.00......»»
Lazada commits compliance to online security, innovation
Leading e-commerce platform Lazada has taken proactive measures in collaborating with government agencies to establish a secure and compliant platform for its users......»»
Bohol recognized for excellence in DRRM, humanitarian assistance
MANDAUE CITY, Cebu – The Bohol Provincial Government was recognized for its excellence in disaster risk reduction management and humanitarian assistance. Governor Erico Aris Aumentado received the 2023 Gawad KALASAG Seal (Beyond Compliant Category) from Secretaries Gilberto Teodoro of the Department of National Defense and Benjamin Abalos Jr. of the Department of Interior and Local.....»»
A reason why the PSE might be hesitant to delist errant companies
Several of those companies have been suspended for years without any real effort to become compliant......»»
SEC Amnesty Program Deadline Extended Until the End of 2023
The Securities and Exchange Commission (SEC) is giving non-compliant and suspended or revoked corporations a last chance to avail of lower fines and penalties with the final extension of amnesty applications until the end of 2023. The Commission on November 3 issued SEC Memorandum Circular No. 20, Series of 2023, which extends the deadline for corporations to file […].....»»
SEC extends amnesty program deadline til end of 2023
The Securities and Exchange Commission (SEC) has announced an extension of the amnesty program deadline for non-compliant and suspended or revoked corporations. The deadline to file amnesty applications and settle amnesty fees has been extended until the end of 2023. The amnesty program offers reduced penalties for corporations that have incurred fines for late or non-filing of their General Information Sheet (GIS), Annual Financial Statements (AFS), and official contact details. Corporations can avail of the amnesty by submitting an Expression of Interest form on their SEC Electronic Filing and Submission Tool (eFAST) accounts. Additional requirements must be submitted by January 31, 2024. Failure to submit the complete set of requirements will result in forfeiture of the amnesty fee and petition fee. The SEC has also released a list of corporations at risk of having their certificates of incorporation revoked for failure to submit their GIS. The updated scale of fines and penalties for reportorial requirements will be implemented on January 1, 2024. The SEC will strictly enforce the submission of reportorial requirements and impose penalties, including monetary fines, delinquency status, and suspension or revocation of a corporation's certificate of incorporation. Corporations can visit the SEC Amnesty Microsite for guidance on how to avail of the program......»»
SEC sets guidelines for purging idle firms
The Securities and Exchange Commission, the corporate regulator, is tightening regulations for corporations that are not compliant with the necessary reportorial requirements......»»
Dcott complies with security plan
The Office of Transportation Security (OTS) recently conducted an audit of the Davao City Overland Transport Terminal (DCOTT) and found it to be compliant with its security plan, with only moderate recommendations. DCOTT Manager Aisa Usop said that the audit focused on five key areas: adequacy of security organization and security responsibilities, presence of contingency plans, training drills and exercises, records protection from unauthorized access, and security measures and procedures. The audit confirmed the conduct of periodic security drills and the protection of records and documents from unauthorized access, but gave recommendations on security screening procedures. Usop said that the recommendations and findings from OTS will help remind the men in uniform about the upcoming barangay election and Undas......»»
WADA warns of ‘consequences’ over North Korean flag at Asian Games
The World Anti-Doping Agency warned the Olympic Council of Asia of "consequences" on Friday for allowing the North Korean flag to be repeatedly flown at the Asian Games, saying they were treating it "extremely seriously". WADA declared North Korea's national anti-doping body "non-compliant" in 2021 and imposed sanctions that remain today. They include not being able to fly its flag at any regional, continental, or world sports event, excluding the Olympics and Paralympics. Despite this North Korea carried the flag at the Asian Games opening ceremony and it has been routinely hoisted in Hangzhou when their athletes won medals. OCA chief Raja Randhir Singh last week defended allowing the North Korean flag to be flown, saying the governing body of the sport in Asia had written to WADA "explaining their position". In a statement to AFP, WADA said the OCA had breached its obligations as a signatory to its anti-doping code. "WADA takes this matter extremely seriously and has written to the OCA on several occasions before and after the opening ceremony of the Games, explaining in clear terms the possible consequences that could arise for the OCA if this matter is ignored," it said. "WADA is disappointed that the OCA has to date not taken steps to comply with the terms of the DPRK's non-compliance," it added, using an acronym for North Korea. "WADA will follow due process to ensure that the appropriate consequences are imposed for the OCA's refusal to meet its signatory obligations." There are a range of punishments WADA could impose on the Kuwait-based OCA. They include having International Olympic Committee (IOC) funding withdrawn, OCA events losing their status as qualifying events for the Olympic or Paralympic Games, and the imposition of fines. OCA declined to comment when approached by AFP. 'Protecting athletes' The Montreal-based WADA sanctioned North Korea while its already tight borders were shut following the outbreak of COVID-19, which prevented international testing authorities from being able to enter. North Korea recently began slowly reopening and WADA said it had started to allow them back in to collect samples. "However, the broader political status of the country means verification and quality control activities are not straightforward," it added. "WADA will continue to work to strengthen the anti-doping system in DPRK in order to protect all athletes." Despite its years-long isolation from the global sporting arena, North Korea has produced some eye-opening results on its return, notably in weightlifting, where its competitors have smashed six world records. Several rival lifters said they were "shocked" or "surprised" at the results. No North Korean weightlifters will participate in next year's Paris Olympics because they failed to take part in mandatory qualifying events earlier this year. The International Weightlifting Federation said all athletes in the sport had been tested at least once at the Hangzhou Games. While the IWF does not hold jurisdiction over the Asian Games, it does have responsibility for verifying athlete whereabouts submissions under anti-doping rules. That rule required information to be provided for a minimum of three months before any competition. Two North Koreans failed to comply and were barred, the IWF said. The post WADA warns of ‘consequences’ over North Korean flag at Asian Games appeared first on Daily Tribune......»»
CA junks telco’s frequency plea, mandamus case vs. NTC
The Court of Appeals junked the petition for mandamus filed by NOW Telecom Company Inc. against the National Telecommunications Commission or NTC over the company's provisional authority or PA application to operate a cellular mobile telephone service within specific frequency ranges. In a 16-page decision, the appellate court's Special Ninth Division said "the court is powerless" to grant NOW Telecom's plea, especially since the company failed to show a clear legal right to the frequencies it sought. The CA said the decision, penned by Associate Justice Tita Marilyn B. Payoyo-Villordon and concurred in by Associate Justices Myra V. Garcia-Fernandez and Walter S. Ong, followed a careful examination of the case. The case began from NOW Telecom's request for NTC's automatic approval issued by the Anti-Red Tape Authority or ARTA. NOW Telecom had filed a petition for mandamus under Rule 65 of the Revised Rules of Court to compel the NTC and former Commissioner Gamaliel Asis Cordoba to stick to ARTA's resolution and OAA both dated 1 March 2021. These ARTA documents stated that NOW Telecom's application for a PA to operate in the frequency range 1970 Mhz-1980 Mhz paired with 2160 Mhz to 2170 Mhz and 3.6 GHz to 3.8 GHz frequency ranges was automatically approved by operation of law. It followed Republic Act 11032, otherwise known as the Ease of Doing Business and Efficient Government Service Delivery Act of 2018. However, an ARTA resolution dated 17 June 2022 reversed the previous decisions and formally recommended NOW Telecom's application for frequency assignment to the NTC. NOW Telecom's mandamus petition was notably based on its claim for the rights to specific frequency ranges, alleging that the NTC had unjustly neglected its duty to assign them. Yet, court records showed that as early as December 2005, NTC already found NOW Telecom to be non-compliant and was disqualified from the assignment of 3G frequency bands due to unpaid supervision and regulation fees or SRF and spectrum user fees or SUF amounting to P2.6 billion. NOW Telecom has a pending petition filed before the Supreme Court for this penalty imposed by the NTC. NOW Telecom received its PA in January 2006, but it was not specific to 3G and under the condition of paying its outstanding SRF and SUF obligations. In December 2017, NOW Telecom was designated the 20MHz contiguous bandwidth, 3520 to 3540 MHz, under the 3.5 GHz on the same condition that it resolved its outstanding SUF and SRF fines. NOW Telecom's Provisional Authority was extended until September 2020, but the NTC reiterated that the company failed to fulfill the conditions regarding SUF and SRF. Despite the issues hounding the company, NOW Corp. CEO Mel Velarde said he hopes the "Marcos administration" will aid the immediate settlement of its cases as a way of maintaining a "level playing field." _ The post CA junks telco’s frequency plea, mandamus case vs. NTC appeared first on Daily Tribune......»»
Iloilo Int’l Airport recognized for being ISO-EMS certified
The Civil Aviation Authority of the Philippines (CAAP) announced on Tuesday that the Iloilo Provincial Council recognized Iloilo International Airport through Resolution No. 2023-744, or the “Resolution Congratulating the Officers and Employees of the Iloilo International Airport for having been awarded and certified as ISO 14001:2015 or the Environmental Management System Certificate by the European Union Aviation Safety Agency (EASA) as presented by the Bureau Veritas.” CAAP said that the airport was awarded the ISO 14001:2015 Environmental Management System (EMS) Certification by the European Union Aviation Safety Agency (EASA) and international certification body Bureau Veritas for its sustainable airport operations and practices on 14 September 2023. Airport manager Manuela Luisa Palma and CAAP Civil Aviation Area Center 6 manager Engr. Eusebio "Joebon" Monserate thanked the CAAP administration, the Iloilo city and provincial governments, and the whole airport staff for their continuing assistance in making the achievement possible. Airports that are ISO 14001 compliant are allowed for improved and more efficient resource management. They are also allowed to create a more sustainable infrastructure for their travelers. In order to set an example for other airports to follow and advance a greener and more sustainable future for Philippine aviation, CAAP will continue to align its operations with worldwide environmental standards. The post Iloilo Int’l Airport recognized for being ISO-EMS certified appeared first on Daily Tribune......»»