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Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue

Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

‘The P100 plus per day minimum wage rate?’

The big issue on labor policies in the country today is the plan to enact a law to increase the existing minimum wage by P100 per day......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

‘The restrictive economic provisions in Constitution’ (Conclusion)

In closing, I have listened intently to what some members of the Senate said in connection with the issue of amending the restrictive provisions of the Constitution......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

China warns PH to “tread carefully” on Taiwan issue

MANILA, Philippines— China issued a subtle warning to the Philippines concerning Taiwan, advising Filipino officials to “tread carefully” on the matter of the “red line.” China made the remark following an order by Philippine Defense Secretary Gilberto Teodoro Jr. to raise military presence in Batanes, the Philippines’ northernmost province that is very near Taiwan. “I.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Pasig City tells hotel to explain disregard of senior discount or face closure

MANILA, Philippines — Pasig City on Wednesday ordered a hotel to explain why the local government should not issue a cease and desist order after it denied a 20-percent discount to a senior citizen. INQUIRER.net will withhold the name of the establishment and its hotel management until it gets the side of the hotel company......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Envoy discusses importance of West Philippine Sea, 2016 arbitral ruling

The Philippine embassy in Ankara hosted a special screening of the West Philippine Sea documentary “Kalayaan: Karapatan sa Karagatan,” aimed to educate viewers on the Philippines’ maritime claims in the West Philippine Sea and its ongoing efforts to resolve the contentious issue......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

CPA issue: Rama requests PBBM to intervene

CEBU CITY, Philippines – Cebu City Mayor Michael Rama has asked President Ferdinand Marcos Jr. to step in in his ongoing row with the Cebu Port Authority or CPA. In a report from Cebu City News and Information on April 4, Rama mentioned that the National Historical Commission of the Philippines (NHCP) and the National.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

LWUA takes over MCWD’s policy-making functions for six months

CEBU CITY, Philippines – The Local Water Utilities Administration (LWUA) has assumed control over the Metropolitan Cebu Water District (MCWD), a significant step to resolve the long-standing issue as to who will manage the utility firm. LWUA earlier wrote a letter to MCWD Chairman Jose Daluz III and General Manager Edgar Danoso, informing them of.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Rama on settling CBRT dispute with Capitol: ‘Why should I?’

CEBU CITY, Philippines – Cebu City Mayor Michael is not open to meeting with members of the Cebu Provincial Board following the two resolutions passed urging the Cebu Bus Rapid Transit (CBRT) to halt civil works due to violations of heritage laws. Rama noted that he had already made a statement regarding the issue and.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

PSC turns to Marcos on compliance issue with world anti-doping body 

The Philippine Sports Commission will seek no less than President Ferdinand Marcos Jr. help when it contests the non-compliance accusation of the World Anti-Doping Agency that has now been elevated to the Court of Arbitration for Sport for resolution......»»

Category: sportsSource:  philstarRelated NewsFeb 20th, 2024

Marcos wants ‘strategy’ to address brain drain

MANILA, Philippines — In response to the persistent issue of brain drain in the country, President Ferdinand “Bongbong” Marcos Jr. urged the development of a strategy aimed at persuading graduates to remain in the Philippines and contribute their skills for a few years before considering opportunities abroad. According to Marcos, it was “fine” with him.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Tallo mum on Converge FiberXers contract termination

CEBU CITY, Philippines—Cebuano cager Mac Tallo kept mum on The Converge FiberXers’ announcement to terminate his contract with them in the Philippine Basketball Association (PBA). CDN Digital reached out to Tallo but he decided not to speak about the issue. On Wednesday, February 7, The Converge FiberXers released a statement announcing their termination of Tallo’s.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

EDITORIAL - Calls for justice

Whether or not it’s part of the ongoing political warfare, the re-emergence of former Davao City policeman Arturo Lascañas revives the issue of the state’s bloody campaign against illegal drugs, with justice still elusive for victims of extrajudicial killings......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 31

TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Rama ‘worried’ about Duterte-Marcos dispute

CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Charter change: Only the economic provisions should be included

So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Killing of journalists as war crime in Gaza

Yesterday the International Court of Justice, the United Nations’ highest tribunal that adjudicates cases between nations, was expected to issue an interim ruling or provisional measures on the genocide claim filed last month by South Africa against Israel in its war in the Gaza Strip......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Ayala Group eyes more cold storage facilities

The Ayala Group plans to establish more cold storage facilities in the country as part of efforts to support the agriculture sector, especially to address the issue of food spoilage......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

PCPC admits internal plant issue prolonged return to Panay grid

The Palm Concepcion Power Corp. admitted to the Senate that its plant caused and prolonged the power outage on Panay Island at the start of January......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Fully independent PHI-NADO pushed

With the WADA compliance issue settled and cleared, the Philippine Sports Commission and the Philippine National Anti-Doping Organization are moving forward and making sure that all bases are covered from hereon......»»

Category: sportsSource:  philstarRelated NewsMar 27th, 2024