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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

Road rage in Mandaue: LTO-7 to issue show cause order against drivers involved in fistfight

MANDAUE CITY, Philippines — The Land Transportation Office in Central Visayas (LTO-7) will issue show cause orders against the two drivers involved in a road rage incident in J.P Rizal St., Barangay Tabok, Mandaue City last Tuesday, Jan. 23.  In a statement on Friday, Jan. 26, the LTO-7 said that the viral video reached the.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

DepEd asks teacher to explain scolding of students in viral video

DepEd has issued a show cause order against a public school teacher who went viral for scolding her students while live-streaming on TikTok — an incident that some believe is an overstep in classroom discipline but educators say is proof of deeper issues in the school system......»»

Category: newsSource:  philstarRelated NewsMar 18th, 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

Spoelstra inks contract extension deal with Miami Heat

MIAMI  — Erik Spoelstra and the Miami Heat have agreed on a contract extension, ensuring that the longest-tenured coach in franchise history only keeps adding to his team records for many years to come. Spoelstra signed an eight-year extension worth around $120 million — the largest contract in NBA history in terms of total value.....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2024

Cha-cha mabobokya kapag sinahugan ng term extension

Baka wala nang sumuporta sa Charter change kapag isinama ang diskusyon sa term extension ng mga opisyal ng gobyerno, babala ni Senate President Juan Miguel Zubiri. The post Cha-cha mabobokya kapag sinahugan ng term extension first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Man asks family to visit him after being arrested with another person for gathering firewood

Man asks family to visit him after being arrested with another person for gathering firewood.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

Artist mgmt firm, DSAPI to conduct fashion show for a cause

AN OFFICIAL from an artist management firm said that it would conduct a fashion show for a cause, together with the Down Syndrome of the Philippines, Inc. (DSAPI)......»»

Category: newsSource:  sunstarRelated NewsApr 10th, 2024

Mandaue road rage drivers to get show cause orders

Mandaue road rage drivers to get show cause orders.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Show cause orders sa 2 ka driver sa road rage

Show cause orders sa 2 ka driver sa road rage.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Show cause orders vs 2 drivers in Mandaue road rage

Show cause orders vs 2 drivers in Mandaue road rage.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

China must comply with treaty on protected areas – expert

China will be under a “very clear obligation” to comply with measures that apply in marine protected areas in the South China Sea as signatory of the landmark United Nations High Seas Treaty, according to a Japanese international law expert......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Comply with sanitation requirements, CHO reminds establishment owners

Comply with sanitation requirements, CHO reminds establishment owners.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

Employers’ group asks President Marcos: Veto P100 wage hike law

President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

MPUV operator asks city council for help

MPUV operator asks city council for help.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

Santillan, Asistio ink extension deals with Rain or Shine

Rain or Shine forward Santi Santillan signed a three-year extension with the Elasto Painters, the team announced Wednesday......»»

Category: sportsSource:  philstarRelated NewsJan 24th, 2024

McLaren F1 driver Lando Norris signs multi-year contract extension

WOKING, England— McLaren driver Lando Norris signed a multi-year contract extension with the Formula One team on Friday. The 24-year-old British driver’s existing contract ran until the end of 2025. The new deal secures his services alongside teammate Oscar Piastri for several more seasons in an exciting pairing. McLaren did not say how long was.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Ravens sign Justin Madubuike to four-year extension

The Baltimore Ravens have locked in one of their key defensive pieces for the foreseeable future. The team announced a four-year contract extension for defensive.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Jeepney drivers rejoice ‘partial victory’ for phaseout extension

Jeepney drivers rejoice ‘partial victory’ for phaseout extension.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Art for the heart: Chong Hua Mandaue’s art exhibit for a cause

Art for the heart: Chong Hua Mandaue’s art exhibit for a cause.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024