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Shear line affects over 80-K families in Davao
The shear line in the Davao Region has had a significant impact on over 80,000 families, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). The affected families are spread across Davao de Oro, Davao del Norte, Davao Occidental, and Davao Oriental. Evacuation efforts have been underway, with some families still in shelters. Tragically, casualties have been reported, including fatalities and injuries due to landslides and flooding. The infrastructure has also suffered, with roads and bridges being blocked or damaged. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has been providing relief to affected residents, and the local government units have also contributed aid. In response to the shear line, the OCD-Davao has raised its Blue Alert status, emphasizing the need for intensified monitoring and immediate mobilization of resources. The situation remains challenging, with ongoing flooding and landslides affecting numerous areas in the region......»»
Garment factory workers in PH: Over 5,000 lose jobs
MANILA, Philippines — Weak demand overseas that depressed local orders caused around 5,100 garment factory workers to either be retrenched or forced to go on leave since the start of the year. At least nine factories have been affected, including Luenthai Philippines, the country’s biggest exporter of textile goods using cotton. This is according to.....»»
Negros sugarcane plantations hit by drought
Nearly 100,000 hectares or one third of sugarcane plantations in Negros have been affected by drought......»»
Beermen spill Painters for strong conference debut
The San Miguel Beermen started off its PBA Philippine Cup title defense on a high note, blowing away the freefalling Rain or Shine Elasto Painters, 109-97, Friday evening at the Smart Araneta Coliseum in Quezon City......»»
Gin Kings spill Fuel Masters for back-to-back wins
Barangay Ginebra waxed hot in the third quarter and ran away with their second straight win in the PBA Philippine Cup at the expense of the Phoenix Fuel Masters, 102-92, at the Smart Araneta Coliseum on Sunday......»»
Government to assist Pinoys affected by Taiwan quake – Marcos
The government will immediately assist Filipinos affected by the magnitude 7.4 earthquake in Taiwan, President Marcos said yesterday as he expressed sympathy for the people of Taiwan......»»
Sixers fined $100 K over Embiid
The NBA fined the Philadelphia 76ers $100,000 for violating injury reporting rules, the league announced Friday......»»
MOU on crude coconut oil export to Europe
The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»
Rainfall in southern Philippines kills 16
Sixteen people were killed and more than 670,000 people affected after heavy rainfall in the southern Philippines caused at least 173 floods and 78 landslides, the National Disaster Risk Reduction and Management Council reported on Monday.Source: CGTN.....»»
Rainfall in southern Philippines kills 16
Sixteen people were killed and more than 670,000 people affected after heavy rainfall in the southern Philippines caused at least 173 floods and 78 landslides, the National Disaster Risk Reduction and Management Council reported on Monday.Source: CGTN.....»»
Philippines intensifies monitoring against illegal drug smuggling
MANILA, March 14 (Xinhua) -- The Philippine Coast Guard (PCG) said Thursday that it will heighten monitoring measures to fight against illegal drug smuggling. PCG Commandant Ronnie Gil Gavan issued the order after its force recovered 122.7 million pesos (about 2.2 million U.S. dollars) worth of suspected cocaine in the waters off and shorelines of central and southern Philippines this month. Gavan ordered.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Philippine exports breach $100 billion mark in 2023
Total Philippine exports breached the $100-billion level for the first time last year, but fell short of the government and private sector’s target......»»
Philippine exports surpass 100 bln USD in 2023
MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»
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.....»»
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......»»
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......»»
Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year
CAGAYAN DE ORO (MindaNews / 11 January) – A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000. Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»
Closure of 2,000 lotto outlets probed
The House of Representatives on Tuesday investigated the closure of some 2,000 lotto outlets by the Philippine Charity Sweepstakes Office.The House of Representatives on Tuesday investigated the closure of some 2,000 lotto outlets by the Philippine Charity Sweepstakes Office......»»
Big-time oil price rollback expected on May 7
A big-time oil price rollback is expected on the first week of May......»»