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Samal resort gets notice of violation over hawksbill turtle hatchlings

The Department of Natural Resources-Davao Region (DENR-Davao) has issued a notice of violation to Isla Reta Beach Resort in Samal for the illegal possession of hawksbill turtle hatchlings. The resort violated Republic Act 9147, which prohibits the exploitation of wildlife resources and their habitats. The law strictly prohibits collecting, hunting, or possessing wildlife or their by-products, with penalties including imprisonment and fines. In response to the notice, the resort's owner must release the turtle hatchlings within a day, or face legal action. Despite the resort's intention to care for and release the hatchlings after six months, DENR-Davao found 130 hatchlings inside styro boxes and emphasized the critical importance of immediately releasing them to ensure their survival. The Philippines recognizes five sea turtle species, with hawksbill and leatherback classified as critically endangered. DENR-Davao encourages individuals to report wildlife sightings and pledges to conduct public awareness campaigns for wildlife conservation. Isla Reta Beach Resort faced criticism for unauthorized plans to raise the hatchlings......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Belle Corp sets PLC tender offer price at P0.85/share

Belle Corp and Premium Leisure Corp were both voluntarily suspended for the day yesterday after BEL disclosed details of its proposed tender offer to acquire PLC’s public float and eventually delist PLC from the exchange......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

Belle to start P5.3 billion tender for PLC shares

Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

SEC orders Infinity8 to halt operations

The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

TYBOX: A Year of the Dragon Forecast

I was about to hang the dragon decor by the doorwhen I noticed the old tiger decor was left hanging for two yearsapologies to the rabbit who’s hopping home now after a year but the past two years do seem like a hazehow my tiger year got swept by a spellstirred by the jade and […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Blow-By-Blow Okada: Bacosa posts 3rd straight KO victory

Tall and rangy lightweight Eman Bacosa posted a third-round stoppage over Jan Clyde Langahin during a special presentation of Manny Pacquiao Presents: Blow-By-Blow Sunday at the Okada Manila......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Bacosa headlines Blow-By-Blow boxing card at Okada

Crowd favorite Eman Bacosa headlines a special presentation of Manny Pacquiao Presents: Blow-By-Blow on Sunday at the Okada Manila......»»

Category: sportsSource:  philstarRelated NewsMar 23rd, 2024

Pamunuan ng resort sa Chocolate Hills, nagsalita na sa isyu

NAGLABAS na ng official statement ang pamunuan ng kontrobersyal na resort sa Chocolate Hills na Captain’s Peak Resort matapos itong mag-trending sa pambabatikos ng netizens. Marami kasi ang hindi nagustuhan ang pagpapatayo ng resort sa paanan ng isa sa mga kinikilalang tourist attraction sa Pilipinas at idineklara rin na National Geological Monument and Protected Area.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Resort sa Chocolate Hills inireklamo ng netizens, DENR kinalampag

USAP-USAPAN ngayon ang viral resort sa Chocolate Hills na mabilis na nag-trending at nag-viral dahil sa galit ng madlang pipol. Isang netizen na nagngangalang “Ren The Adventurer” ang nag-upload ng promotional video ng naturang resort sa Facebook. “Resort Sa Gitna Nang Chocolate Hills [wow and heart emoji] “Feat. captain’s peak Sagbayan bohol [Philippine flag emoji],”.....»»

Category: newsSource:  inquirerRelated NewsMar 13th, 2024

The week ahead

The only scheduled thing on our calendar is the end of the PLC tender offer, which is on Wednesday. Other than that, it’s a lot of ASMs and briefings, so we’ll probably get some fun bits of forward-looking speculation......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Premium Leisure Corp to be voluntarily delisted

The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

SEC clears CLI’s preferred shares offer

The Securities and Exchange Commission (SEC) has cleared the planned public offering of up to P5 billion worth of preferred shares by Cebu Landmasters Inc. (CLI)......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

DENR, mayor ‘sabong’ sa Chocolate Hills resort

Hahantong sa away ang demolition ng resort sa Chocolate Hills sa Bohol, babala ni Senador Cynthia Villar. The post DENR, mayor ‘sabong’ sa Chocolate Hills resort first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 7th, 2024

Chocolate Hills resort sarado na, hirit ng Bohol gov: We want to find the truth

HABANG mainit pa ang kontrobersiya sa viral resort sa gitna ng Chocolate Hills, pinatawag ni Bohol Governor Aris Aumentado ang ilang opisyal ng Sagbayan, Bohol. Ito ay para mabigyang-linaw ang ginawang pagpapatayo at operasyon ng Captain’s Peak Garden and Resort sa nasabing lugar. Ayon sa gobernador, makikipagpulong siya kay Sagbayan Mayor Restituto Suarez III, sa.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

DENR stops operation of Chocolate Hills resort

MANILA, Philippines —  The Department of Environment and Natural Resources (DENR) issued a cease and desist order (CDO) against the controversial Chocolate Hills resort operating in a protected area in Bohol province. DENR Undersecretary for Field Operations Juan Miguel Cuna said the CDO was issued on March 14, putting Captain’s Peak Garden and Resort under close monitoring.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Chocolate Hills resort halts operations

The Captain’s Peak Resort that lies within the world famous Chocolate Hills area temporarily shut down its operations yesterday, resort manager Julieta Sablas said......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Cebu Daily Newscast: Chocolate hills resort: Bohol governor tells DENR to take legal action ASAP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, March 14.  Chocolate hills resort: Bohol governor tells DENR to take legal action ASAP The provincial government of Bohol wants to find out how the controversial resort located within the famous Chocolate Hills.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Manager admits no environmental clearance for Chocolate Hills resort; to close temporarily

The manager of the viral resort situated in the heart of Bohol's Chocolate Hills admitted an Environmental Compliance Certificate was not obtained for the resort's construction, but claimed it did not damage the famous landmark......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Prosperous Beginnings, NUSTAR Resort Welcomes the Year of the Wood Dragon

NUSTAR Resort Cebu welcomed the year of the Wood Dragon with cheers and held a Prosperity Parade around the resort that concluded with the symbolic Prosperity Toss with NUSTAR executives at The Atrium. The Prosperity Parade commenced at the lobby attended by NUSTAR Executives Alan Teo, Chief Operating Officer of Universal Hotels and Resorts Inc.,.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024