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P35 million allotted for Araw ng Dabaw
DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»
PLDT proposes $3 million settlement in US budget mess suit
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»
DOH allots P55 million for cervical, breast cancer screening
The Department of Health has allocated P55 million to meet its target of screening three million women for cervical and breast cancer this year......»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
Unemployed Filipinos down to 1.6 million in December 2023 — PSA
National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
AVGCC the view tee kicks off today
AVGCC the view tee kicks off today.....»»
Lower water allotment for Metro Manila starts today
There will be no water supply interruptions despite the National Water Resources Board lowering the allocation for Metro Manila by one cubic meter per second starting today, an official of the Metropolitan Waterworks and Sewerage System said yesterday......»»
PAGASA: Rainshowers, but still high temperatures today
The shearline and easterlies may bring rains over parts of the country today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
DMW: 100 caregiver slots in South Korea open today
Those interested in working as caregivers in South Korea may now register with the Department of Migrant Workers starting today......»»
Zambales race flagged off today
Cambodia Southeast Asian Games double bronze medalist Ronald Oranza leads a star-studded Elite cast that Governor Hermogenes Ebdane will flag off for the second edition of the Lumba Tamo Zambales 2024 today in front of Maloma’s Barangay Hall in San Felipe town......»»
Senate hearing on extreme heat set today
With 4,000 face-to-face classes suspended, a Senate panel will conduct a hearing today to discuss the effects of extreme heat on learners and the shift to alternative delivery modes......»»
Mixed adjustments in oil prices today
Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»
President Marcos, Qatar emir meet today to tackle bilateral ties
President Marcos and Qatari Emir Tamim bin Hamad Al Thani will meet today at Malacañang to talk about bilateral and regional issues......»»
Free MRT-3, LRT-2 rides for solo parents today
Single parents may ride trains of the Metro Rail Transit Line 3 (MRT-3) and the Light Rail Transit Line 2 (LRT-2) for free today to observe National Solo Parents’ Day......»»
Comprehensive Partnership the goal for NZ and the Philippines
Prime Minister Christopher Luxon held a bilateral meeting today with the President of the Philippines, Ferdinand Marcos Jr. The Prime Minister was accompanied by MP Paulo Garcia, the first Filipino to be elected to a legislature outside the Philippines.During today's meeting, Prime Minister Luxon and President Marcos Jr discussed opportunities to strengthen t.....»»
Ban on e-trikes strictly enforced starting today
The Metropolitan Manila Development Authority would strictly enforce a ban on light electric vehicles such as tricycles and bicycles starting today, acting MMDA Chairman Romando Artes said yesterday......»»