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AbaCore raises P200 million from asset sale
Listed holding company AbaCore Capital Holdings Inc. has raised P200 million from the sale of another Batangas property......»»
New toll road concession in Indonesia awaits MPTC
Metro Pacific Tollways Corp. expects to land within this month the contract for its largest project outside the Philippines, completing its entry in an expressway used by about 900,000 vehicles every day......»»
El Niño to slash coconut oil exports
The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»
Martial law architect Enrile gets Malacañang birthday bash, P100k cash gift
During his birthday celebration at Malacañang, Enrile, who earns around P189,00 to P211,900 (Salary Grade 30) as chief state counsel, was also handed a centenarian gift of P100,000 by the Department of Social Welfare and Development. .....»»
Solo parents to get P1K monthly subsidy
The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»
DOE wants better TOR for microgrid bidding system
The Department of Energy plans to improve the terms of reference for the next round of bidding for the development of microgrid systems......»»
Paolo Contis, Kaye Abad, Patrick Garcia reunion movie trailer released
"Tabing Ilog" fans will get the reference when they check out the freshly dropped trailer for "A Journey," starring Kaye Abad, Patrick Garcia and Paolo Contis. .....»»
T-bill rates up across the board
Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»
Coverage of ABS-CBN, Villar deal ignores relevant context
By: CMFR StaffPosted on: May 7, 2024, 2:20 pm JEERS TO media for failing to include relevant background in reporting the signing of documents by officials of ABS-CBN and ALLTV to seal a business deal. Coverage made no reference to other issues involved, including the potential breach of the law on ethical standards regulating the conduct of public officials.From April 13 and 24, media (.....»»
Much Ado About Nothing
The reference to Shakespeare’s play “Much Ado About Nothing” is comically deliberate......»»
Sandigan acquits Elenita Binay of graft
After 11 years of legal battle, former Makati mayor Elenita Binay was acquitted yesterday of graft and malversation over the allegedly anomalous procurement of P9.9 million worth of medical equipment for the Ospital ng Makati......»»
Limpag: The Makati Football School conundrum
Limpag: The Makati Football School conundrum.....»»
Makati turns over 14 schools to Taguig
The Makati government has officially turned over 14 public schools to Taguig amid the jurisdiction dispute between the two cities......»»
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......»»
NFA defends sale of cheap rice; farmers slam ‘mafia’
The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»
Pagga-garage sale ni Michelle problema, kotse ni Rhian tambak sa garahe
HATAWANni Ed de Leon NAKATATAWA naman ang biruan nina Michelle Dee at Rhian Ramos. Sa biruan nila obvious na magkasama nga sila sa iisang bahay. Ang biro ni Rhian, kailangan daw mag-garage sale na si Michelle dahil ang dami na niyong gamit sa kanilang bahay. Ang sagot naman ni Michelle, paano siya makakapag-garage sale eh ang garahe nila ….....»»
Biz Bureau surpasses 43-K permit renewals
The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»
Tulfo’s bill seeks to impose stricter penalties for drunk drivers
MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»
DCPO urges city gov to file raps vs condo
THE Davao City Police Office (DCPO) urges the city government to file charges against a condominium where a couple was murdered on April 21, 2024, due to the absence of CCTVs inside the establishment......»»
NBI-Davao seizes illegal ‘butane’
THE National Bureau of Investigation - Southern Mindanao Regional Office (NBI-Semro) seized around 900 illegally refilled LPG canisters commonly known in the market as “butane” during a buy-bust operation at the Bankerohan Public Market in Davao City on Monday morning, February 19, 2024......»»