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SM Prime, GUNN Co. Ltd. ties waste-to-energy partnership
SM Prime has entered a joint venture with GUUN Co. Ltd (GUUN), with SM Prime holding 70% of the equity of the Philippine joint venture company. GUUN Co. Ltd is headquartered in Yokohama City, Japan, and operates material recovery and recycling facilities, along with environmental solution services. Invited by the government of Cebu in 2014,.....»»
Fueling the future: SM Prime unveils groundbreaking waste-to-fuel partnership
SM Prime has entered a joint venture with GUUN Co. Ltd (GUUN), with SM Prime holding 70% of the equity of the Philippine joint venture company......»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
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......»»
Cosco ventures into RE with P552 million investment
Cosco Capital Inc. of retail tycoon Lucio Co has formalized its renewable energy venture with a P552-million investment for a majority stake in a company that operates a hydropower plant in Oriental Mindoro......»»
Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive
Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive.....»»
Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH
The takeover of Coca-Cola Beverages Philippines Inc. by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»
Aboitiz Equity Ventures Inc. to hold Annual Stockholders Meeting
Notice is hereby given that the Annual Meeting of Stockholders of ABOITIZ EQUITY VENTURES INC. (the "Company") will be held on April 22, 2024, Monday at 11:00 a.m. (the "2024 ASM”)......»»
Aboitiz Equity Ventures Inc.: Notice of Annual Meeting of Stockholders
Notice is hereby given that the Annual Meeting of Stockholders of ABOITIZ EQUITY VENTURES INC. (the "Company") will be held on April 22, 2024, Monday at 11:00 a.m. (the "2024 ASM”)......»»
DILG chief urges industry players to build resilent structures
Housing and real estate industry players should build resilient structures with the necessary facilities for proper sewage management, water and sanitation as well as drainage and wastewater treatment, according Interior and Local Government Secretary Benjamin Abalos Jr......»»
BOC revives manual customs declaration form
The Bureau of Customs is moving to revive the use of the manual customs baggage declaration form for all incoming international passengers arriving at the Ninoy Aquino International Airport who fail to fill out an online customs declaration form......»»
Eight players share first-round lead at Puerto Rico Open
(Photo credit: Jim Cowsert-USA TODAY Sports) Eight players shared the lead at 7-under 65 following Friday morning's conclusion of the rain-delayed first round at the Puerto Rico Open in Rio Grande. Scott Piercy and Joe Highsmith were the leaders in the clubhouse when play was halted for darkness on Thursday, following a nearly two-hour rain delay. Friday started with 54 players completing the opening round and saw six o.....»»
Eight players share first-round lead at Puerto Rico Open
(Photo credit: Jim Cowsert-USA TODAY Sports) Eight players shared the lead at 7-under 65 following Friday morning's conclusion of the rain-delayed first round at the Puerto Rico Open in Rio Grande. Scott Piercy and Joe Highsmith were the leaders in the clubhouse when play was halted for darkness on Thursday, following a nearly two-hour rain delay. Friday started with 54 players completing the opening round and saw six o.....»»
KartRider Rush+ dashes across scorching sands in Season 24 “Desert Journey”
KartRider Rush+ players can conquer endless dunes with new desert-themed Karts and racers SEOUL – Feb. 22, 2023 – Nexon’s high-speed mobile racing game KartRider Rush+ beckons players to blaze a trail through desert heat in the sun-scorched Season 24 update “Desert Journey.” Players can take the wheel with new racers Aria, Desert Explorer Ethen […].....»»
Carter Hart Among Players Urged to Cooperate in Sexual Assault Probe, According to Reports
Flyers Goalie Carter Hart and Four Other Players Facing Sexual Assault Charges Philadelphia Flyers goaltender Carter Hart, along with four other players from the 2018.....»»
Cebu Football Club introduces new faces for the upcoming PFL season
CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants continues to overhaul its entire roster after welcoming new faces, including key homegrown players, as the Philippines Football League (PFL) season unfolds in April. The Gentle Giants presented 10 new players, including four Cebu homegrown players, who will comprise its official roster for the.....»»
Billions for commercial tuna industry, crumbs for fisherfolk
Months of investigation by Bulatlat revealed that the booming commercial tuna industry in General Santos City, dubbed the Philippines’ “tuna capital,” favors industrial scale commercial fishing fleets at the expense of the livelihood of thousands of ordinary fisherfolk. The post Billions for commercial tuna industry, crumbs for fisherfolk appeared first on Bulatlat......»»
Is AI Taking Over My Job? 5 Ways GenAI is Affecting Jobs in the Philippine IT-BPM Industry
Amidst the hustle of the Philippine economic landscape, the Information Technology Business Process Management (IT-BPM) industry is undergoing a radical shift fueled by Generative Artificial Intelligence (GenAI). A dynamic journey of challenges and opportunities is redefining the industry’s future. Led by the IT and Business Process Association of the Philippines (IBPAP), immerse in a fast-paced […].....»»
Indo-Russia defense venture in talks with Saudi Arabia
BrahMos Aerospace, advanced cruise missile manufacturers, have $7bn in orders from India and other countries BrahMos Aerospace, a joint India-Russia venture which produces supersonic cruise missiles for maritime, aerial, and land-based platforms, is in talks with Saudi Arabia, TASS news agency reported citing an offic.....»»
Indo-Russia defense venture in talks with Saudi Arabia
BrahMos Aerospace, advanced cruise missile manufacturers, have $7bn in orders from India and other countries BrahMos Aerospace, a joint India-Russia venture which produces supersonic cruise missiles for maritime, aerial, and land-based platforms, is in talks with Saudi Arabia, TASS news agency reported citing an offic.....»»