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Quintanilla, Ng seek strong start as Philippine Ladies Open unfolds
The Philippine Ladies Open unwraps Tuesday, February 20, at the Manila Golf Club in Makati City, promising a rousing start from a curious mix of 59 players, including seasoned internationalists and emerging junior golf talents......»»
Lack of RFID balance causing traffic – SMC
The operator of the Skyway System and NAIA Expressway (NAIAx) is asking motorists to load up their RFID accounts to avoid causing delays in the toll gates that add up to traffic congestion......»»
Journalists harassed, threatened by armed men while covering demolition
At least 12 men, all with guns and wearing bonnets, forced their way inside the gates during the demolition. One of the men pointed a gun at Rowena “Weng” Quejada and told her to stop taking videos. The armed men proceeded to forcibly take her cellphone and bag, including all her IDs and her wallet which contained cash. The post Journalists harassed, threatened by armed men while covering demolition appeared first on Bulatlat......»»
Makati to close roads for Thailand-Philippines food fest
The Makati City government will implement road closures from April 5 to 7 for the Thailand-Philippines Street Food Festival......»»
Taguig closes Makati park for alleged lack of permits
The Taguig City government has ordered the closure of the Makati Park and Garden for allegedly not having the necessary permits to operate......»»
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......»»
Calinan District residents protest vs disguised Cha-cha
Residents from the 19 barangays in Calinan District rallied against the disguised People's Initiative for Charter Change in a protest held on January 19, 2024. Organized by the barangay captains, around 100 individuals from each barangay gathered at Rizal Park, chanting Dabawenyos are not for sale and expressing their disapproval of the alleged cash-for-signature scheme. The protest emphasized the residents' desire for fairness and a better government approach, rejecting the notion of exchanging signatures for money. Participants, including both young and old residents, voiced their opposition to the charter change, with the youth expressing concerns about power-hungry officials. Even 75-year-old Rosminda Amarilla joined the protest to question the need for change after numerous presidents have governed without such alterations. The rally, which included a motorcade and drew approximately 300 participants, received disapproval from Congressman Paolo Pulong Z. Duterte and Congressman Isidro Ungab, who alleged that the signature campaign was orchestrated by leaders of the Pwersa ng Bayaning Atleta (PBA) Partylist. As of the latest update, PBA Representative Margarita Atty. Migs Nograles has yet to release a statement on the matter......»»
Groups urge to include placemaking in planning for public spaces
The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»
Makati hits Taguig over closure of ‘embo’ daycare centers
The city government of Makati yesterday slammed Taguig for shifting the blame over the closure of daycare centers in the 10 enlisted men’s barrio or “embo” barangays......»»
CWC launches Makabata helpline in Makati
The Council for the Welfare of Children has partnered with the city government of Makati to implement the Mahalin at Kalingain ang ating mga Bata Helpline 1383 project in the city......»»
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......»»
Shell Pilipinas net income jumps to P1.4 billion in Q1
Shell Pilipinas Corp. reported a net income of P1.4 billion in the first quarter, reversing the P310.2-million net loss booked in the same quarter last year......»»
Apollo Global Q1 net loss: P7.9-M (up 32%)
Apollo Global Capital posted a Q1 net loss of P7.9 million, which was actually 32% better than its Q1/23 net loss of P11.5 million......»»
Semirara Q1 profit: P6.5-B (down 28%)
Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»
DITO FY23 net loss: P8.1-B (30% improvement)
DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»
Philippines foreign investments yield net outflows in March
MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»
FACT CHECK: Did this vlog correctly state BBM’s net worth?
The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»