Aboitiz Equity Ventures Inc.: Notice of Annual Meeting of Stockholders
Notice is hereby given that the Annual Meeting of Stockholders of ABOITIZ EQUITY VENTURES INC. (the "Company") will be held on April 22, 2024, Monday at 11:00 a.m. (the "2024 ASM”)......»»
AboitizPower names new president
Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»
Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition
Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition.....»»
AboitizPower hikes stake in STEAG
Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»
FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court
In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»
Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive
Cebuana Lhuillier embraces diversity, equity, and inclusion in iBelong drive.....»»
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......»»
British Chamber hosts annual general meeting
The British Chamber of Commerce Philippines hosted its annual general meeting at the British ambassador’s residence on April 22, 2024......»»
Global Dominion financed P6.8 billion in 2023
Global Dominion Financing Inc. (Global Dominion) booked P6.8 billion of loans in 2023. This infusion to the Philippine economy mobilized businesses and empowered families to achieve their goals. This growth indicator was highlighted during the company’s 2024 annual stockholders’ meeting, attended by its board of directors, shareholders and senior managers......»»
Shell Pilipinas Corporation: Annual Stockholders Meeting
The annual stockholders’ meeting of SHELL PILIPINAS CORPORATION will be held virtually on May 14, 2024, Tuesday, 2 p.m. through the Shell Operated Webcast......»»
MGen, Aboitiz to invest in Chromite Gas Holdings
Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»
MGen, Aboitiz take over Chromite Gas Holdings
Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc to take over Chromite Gas Holdings as part of a plan to launch the country’s first and most expansive ......»»
Aboitiz completes acquisition of Coca-Cola Philippines
The Aboitiz Group’s entry into the branded consumer goods space is ready to commence with its successful acquisition of Coca-Cola Beverages Philippines Inc......»»
PCC clears Aboitiz purchase of local Coca-Cola company
The Philippine Competition Commission has cleared the Aboitiz Group’s acquisition of Coca-Cola Beverages Philippines Inc., paving way for the closing of the transaction by the end of the month......»»
Aboitiz-led Apo Agua starts supplying water to Davao City
DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»
No classes in Cebu province due to extreme heat
CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»
E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery
By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»
Interpol mipagawas og ‘red notice’ batok Teves
Interpol mipagawas og ‘red notice’ batok Teves.....»»
Teves now on Interpol’s ‘red notice’
Expelled Negros Oriental lawmaker Arnolfo Teves Jr. has been placed on the “red notice” list of the International Criminal Police Organization, which means all member countries are requested to apprehend him, Justice Secretary Jesus Crispin Remulla said yesterday......»»
Interpol issues red notice vs Teves
Interpol issues red notice vs Teves.....»»
PH authorities issue immigration alerts vs fugitive Arnie Teves
The Department of Justice says an Interpol Blue Notice was also published against Teves. A blue notice is issued 'to locate, identify, or obtain information on a person of interest in a criminal investigation.'.....»»