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Megaworld raises P500-M selling block of MREIT at P12.30/share

Megaworlddisclosed that it sold 40,650,000 shares of its REIT subsidiary, MREIT, through a block sale transaction at a price of P12.30/share......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Robinsons Land raised P8.5-B in RCR block sale

Robinsons Land sold just over 1.725 billion shares of RL Commercial REIT [RCR 5.01 ?3.5%; 143% avgVol] in an overnight block sale after initiating a private sale process with BPI Capital......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Padilla to get more support to block Quiboloy detention

Sen. Robinhood Padilla yesterday vowed to press on in getting four more signatures to block the Senate’s contempt order on Pastor Apollo Quiboloy......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Police in Laguna, Cavite block Southern Tagalog delegation commemorating EDSA people power uprising

While the police did not cite any specific violations in Laguna, they took photos of the delegation's jeep license plates and drivers’ licenses and did not allow the delegation to pass through the checkpoints. The post Police in Laguna, Cavite block Southern Tagalog delegation commemorating EDSA people power uprising appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 25th, 2024

China attempts to block Filipinos in another mission to Scarborough

A Chinese Maritime Militia Vessel (CMMV) once again tried to block a Filipino-led resupply mission to Bajo de Masinloc — a resource-rich feature being claimed by Beijing within the West Philippine Sea......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 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

Pampanga’s Laus Group powers buildings with solar energy

The Laus Group of Companies has tapped German-Filipino supplier Philergy to power up two owned buildings in Pampanga using solar energy......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Trkiye: Big Tech Should Protect Online Expression, Resist Censorship

(Istanbul) - Social media companies should resist intensifying efforts by Turkish authorities to control their platforms through demands that they block content critical of the government ahead of important municipal elections on March 31, 2024, Human Rights Watch, ARTICLE 19, and 20 other human rights and journalists' groups said in a statement released toda.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Teachers say no to charter change, denationalization of education’

Opposing any initiative to amend the 1987 Constitution to cater to the needs of foreign business and powers is an important act of this remembering.” The post Teachers say no to charter change, denationalization of education’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 25th, 2024

Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos

Nanindigan si Speaker Ferdinand Martin Romualdez na ang trilateral summit ng Estados Unidos, Japan at Pilipinas ay isang pagkilala sa pamumuno at foreign policy ni Pangulong Bongbong Marcos. The post Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Imee: EO 57 draws foreign interference, harmful to PH

MANILA, Philippines —  The measure beefing up the country’s maritime security, recently signed by President Ferdinand “Bongbong” Marcos Jr., is seen by the President’s elder sister, Senator Imee Marcos, as welcoming ‘many Trojan horses’ of foreign interference. The senator, who also heads the Senate panel on foreign relations, was pertaining to Executive Order No. 57,.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

PH media slam Chinese foreign ministry’s claims of manipulating WPS reports 

Philippine media groups criticized the Chinese foreign ministry for suggesting that recent reports on Chinese harassment of Filipino vessels in the West Philippine Sea involved video manipulation and sensationalism to portray the Philippines as a victim. The Foreign Correspondents Association of the Philippines (Focap) and National Union of Journalists of the Philippines (NUJP) expressed offense.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Philippines, Japan, US foreign officials prepare for tri-summit

As the Philippines prepares for a trilateral summit with Japan and the US on April 11, Foreign Affairs Undersecretary Ma. Theresa Lazaro met on Thursday in Tokyo with Japanese Vice Foreign Minister Okano Masataka and US Deputy Secretary of State Kurt Campbell to discuss regional security issues and economic cooperation......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

DepEd objects to foreign control of schools via Cha-cha, cites national security risk

The Department of Education on Monday drew the line at allowing foreign “entities” to own schools in the Philippines as proposed in two Charter change resolutions, saying that the entry of 100% foreign-operated schools in basic education will pose a threat to students’ sense of nationality and the country’s security......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Philippines diploma mill rep may attract low-tier foreign universities, expert warns

The Philippines' reputation for having so-called “diploma mills” makes it vulnerable to the entry of substandard foreign universities if proposals to open up higher education to foreign ownership push through, an education expert warned during a Senate hearing on Charter change......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Consented foreign divorce

Can a foreign divorce by mutual consent between the Filipina spouse and her foreign spouse be recognized in this jurisdiction?.....»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Why attract foreign investors?

Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Another money changer gets license revoked by BSP

The Bangko Sentral ng Pilipinas (BSP) has cancelled the registration of another money changer as the regulator continues to ramp up its campaign against illegally operating money service businesses (MSBs)......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Megaworld raises P500 million from sale of MREIT shares

Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Solaire Quezon City casino fully ramped up in 2 years

Bloomberry Resorts Corp. of tycoon Enrique Razon expects to fully ramp up in two years its upcoming $1 billion casino resort in Quezon City, which is expected to open on May 25......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024