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PDIC settles P614 million in deposit insurance claims

State-run Philippine Deposit Insurance Corp. has settled P614 million in deposit insurance covering 15,796 accounts from padlock banks in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Hontiveros hopes for fair consideration of divorce bill in Senate

MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Council to appeal March 1 as special non-working holiday in Davao City

The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Transactions in coin deposit machines near P400 million

More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest

Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

PAGASA may declare dry season early

The Philippine Atmospheric, Geophysical and Astronomical Services Administration may declare the dry season early, amid the expected termination of the northeast monsoon......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

WORST-HIT | Cauayan mulling to declare ‘state of calamity’ due to dry spell

WORST-HIT | Cauayan mulling to declare ‘state of calamity’ due to dry spell.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

One Meralco plants 125,000 mangroves on World Wetlands Day

One Meralco Foundation the social development arm of the Manila Electric Co. (Meralco), celebrates this year’s World Wetlands Day by planting and nurturing 125,000 native mangroves in Del Carmen in Siargao Islands, Surigao del Norte......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Senate approves bill on BJMP control of provincial jails

MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Bill creating 32 single-member parliamentary districts in the BARMM passed

COTABATO CITY (MindaNews / 29 February) —  The bill creating 32 single-member parliamentary districts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was passed Wednesday night by a vote of 47  in favor, one against and three abstentions. Parliamentary Bill 267,  introduced on December 18, 2023 by the Government of the Day and signed […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Ex-New England Patriots Coach Bill Belichick Bids Farewell in Letter

Title: Bill Belichick Thanks Patriots Fans for Unwavering Support in Full-Page Ad Word Count: 305 Boston, MA – Former New England Patriots head coach, Bill.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

What Could Happen if Bill Belichick Becomes the Cowboys Coach?

Title: Bill Belichick’s Departure from Patriots Sparks Speculation and Controversy Word Count: 389 In a surprising turn of events in the football world, Bill Belichick,.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 16th, 2024

Supreme Court asked to invalidate BARMM governance code

Officials of the Bangsamoro government are bracing for a drawn-out legal battle as a consequence of the petition by constituent-local executives for the Supreme Court to declare null and void the newly-enacted regional governance code......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Larry Summers warns that the war vs inflation might not be over

Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

DMW-Davao hails citizens vigilance for foiled illegal recruitment in Davao City

ACTING on a Dabawenyo’s information of an alleged illegal recruitment activity on its official Facebook page, the Department of Migrant Workers-Davao Region (DMW-Davao) endorsed the report to the National Bureau of Investigation-Southeastern Mindanao Regional Office (NBI-Semro) leading to a criminal investigation of three reported illegal recruiters last March 2, 2024 in Toril, Davao City by the City Prosecution Office......»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Boeing Issues Directive for Airlines to Inspect 787 Cockpit Seats Following Latam Incident

Boeing Issues Safety Reminder for Airlines Following Incident on Dreamliner Flight Boeing has instructed airlines to check the cockpit seats of its 787 Dreamliner plane.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 15th, 2024