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Stocks rebound as Wall Street bounces back

Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Heart Evangelista naging ‘seatmate’ si Mina ng TWICE sa Paris Fashion Week

TRENDING ulit sa social media ang fashion icon at socialite na si Heart Evangelista ngayong Paris Fashion Week. Hindi ito dahil sa kanyang bonggang OOTD, kundi dahil nakasama niya ang TWICE member na si Myoi Mina! Naging seatmates ang dalawa sa Fendi Couture Spring/Summer 2024 show sa Paris noong January 25. Kitang-kita sa viral photos.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 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

Fit Rise 75 NPA Triathlon marks conclusion of Fit Rise 75 programme at National Police Academy

Hyderabad (Telangana) [India], January 9 (ANI): The Sardar Vallabhbhai Patel National Police Academy organised 'Fit Rise 75 NPA Triathlon', which comprised three sub events - 1 km swimming, 40 km cycling and 10 km running - as part of celeberations of 75 years of service to the nation. Teams from 17 police organizations participated in the event. Besides, 76 RR IPS trainees, trainees of 75th batch of IRS (CIT), course par.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Senator calls out loitering China vessels in Philippines Rise

Chinese vessels were caught “loitering” and doing research in Benham Rise, also called Philippine Rise, which is within the country’s exclusive economic zone, Sen. Francis Tolentino said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Prime invests in future sustainability leaders with scholarship program

SM Prime Holdings Inc. (SM Prime) has launched a scholarship program in partnership with the University of the Philippines Los Baños (UPLB). Aptly called the “SM Sustainability Scholarship,” the initiative reflects SM Prime's commitment to both educational access and sustainability stewardship......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 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

Lola Amour reflects on performing with Coldplay s Chris Martin

The popularity of local rock band Lola Amour has substantially grown over the years, and a special performance with Coldplay's Chris Martin is just another huge step to greater heights......»»

Category: entertainmentSource:  philstarRelated NewsFeb 28th, 2024

Mona Lisa in Paris: Painting’s glass protection gets splashed with soup

Two protesters on Sunday hurled soup at the bullet-proof glass protecting Leonardo da Vinci’s “Mona Lisa” in Paris, demanding the right to “healthy and sustainable food”, an AFP journalist saw. Two women threw red and orange soup onto the glass protecting the smiling lady to gasps from the crowd in the French capital’s Louvre museum, an.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Paris 2024 medalists to take piece of Eiffel Tower home

‘It's the opportunity for the athletes to bring back a piece of Paris with them,’ organizers say of the Olympic medals forged out of scrap metal from the Eiffel Tower.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024

Marcial stays focused on Paris Olympics

Eumir Marcial will head to his “homecoming” fight against Thailand’s Thoedsak Sinam at the Ninoy Aquino Stadium on March 23 with his potential foes in the Paris Olympics in the back of his mind......»»

Category: sportsSource:  philstarRelated NewsFeb 28th, 2024

Hoffman boosts bid for Paris Paris

Olympics hopeful Lauren Hoffman yesterday set a new national record in the women’s 400-meter hurdles with a gold medal performance in the Hurricane Collegiate Invitational in Coral Gables, Florida......»»

Category: sportsSource:  philstarRelated NewsMar 28th, 2024

Nesthy, Aira claim Paris berths

In an fateful Monday in Busto Arsizio, Italy, Team Phl unleashed its two remaining fighters who both came out with brave, triumphant feats to book berths in the Paris Olympics this July......»»

Category: sportsSource:  philstarRelated NewsMar 13th, 2024

Manny Pacquiao’s bid to compete at Paris Olympics denied by IOC

MANILA, Philippines–Boxing icon Manny Pacquiao has the gift of electrifying the crowd in all of his fights, except in the Olympics. The International Olympic Committee shut the door on the former eight-division world professional champion’s bid to carry the Philippine colors in the coming 2024 Paris Olympics. In response to a letter from the Philippine.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024

IN PHOTOS: 2024 Panagbenga Festival’s blooming opening

This year's theme reflects the festival's goal: to balance traditional values with new ideas, making Panagbenga a relevant and engaging celebration for all attendees.....»»

Category: newsSource:  rapplerRelated NewsFeb 4th, 2024

Hidilyn in final push for Paris

Hidilyn Diaz has a chance to become only the second athlete from the Philippines to participate in five Olympics but it will take a major lift to clinch a ticket to Paris in the final qualifying event at the World Cup in Phuket on March 31-April 11......»»

Category: sportsSource:  philstarRelated NewsMar 21st, 2024

Bound for Paris: Nesthy Petecio, Aira Villegas punch Olympic tickets

Boxers Nesthy Petecio and Aira Villegas emerge triumphant in their respective divisions in the World Qualification Tournament, increasing the Philippines' athlete roster for the Paris Games to six.....»»

Category: newsSource:  rapplerRelated NewsMar 11th, 2024

Ladon inches closer to Paris berth, Marvin also advances in Olympic boxing qualifier

Rogen Ladon advances to the third round, while John Marvin emerges triumphant in his opening bout as they both clinch stoppage wins in the World Qualification Tournament for the Paris Olympics.....»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2024

Four lifters in contention for tickets to Paris

If the stars align, there’s a strong chance the Philippines will have four weightlifters in the Paris Olympics in July......»»

Category: sportsSource:  philstarRelated NewsFeb 7th, 2024