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ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT

ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»

Category: financeSource: philstar philstarJan 18th, 2024

PLDT, ABS-CBN call-off P6.75-B SkyCable deal

PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Rumors of ABS-CBN’s franchise ‘renewal’ weaponized in Romualdez-SMNI feud

While the majority of posts about ABS-CBN’s supposed comeback did not have a political angle, a few known hyperpartisan vloggers seized upon the rumor of ABS-CBN’s franchise “renewal” to either accuse Romualdez of having a hidden agenda or claim that SMNI played a hand in the non-renewal of ABS-CBN’s franchise......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

PLDT, ABS-CBN terminate Sky Cable sale

Sky Cable Corp., a subsidiary of ABS-CBN, will no longer be sold to the Manny V. Pangilinan-led PLDT Inc., both companies announced on Thursday. .....»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Netizens react to ABS-CBN and PLDT’s about-face on Sky: ‘Parang engagement lang ni Dom at Bea’

Reactions to the 'corporate drama' between ABS-CBN and PLDT on its Sky Cable deal prompted a netizen to liken it to the recent break-up of actress Bea Alonzo and Dominic Roque.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Rama says Singapore trip is official business, not vacation

CEBU CITY, Philippines — Cebu City Mayor Michael Rama clarified that his recent Singapore trip was an official business and not a vacation, and the city did not spend a single cent for it. He clarified this during the flag-raising ceremony on Monday, Jan. 29 and during a press conference that took place on the.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

PLDT out to fortify broadband dominance

Who says the broadband market is saturated?.....»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Converge tops broadband speed in 2023

Broadband provider Converge ICT Solutions Inc. snapped the five-year streak of PLDT Inc. as the operator to beat in the Philippines as it claimed the top spot in 2023 for turning in the fastest internet speed......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

PLDT buys 35% of Meralco unit

Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Al-ag proposes to repeal ordinance requiring delivery riders biz permits

Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Benny Blanco makes new Filipino food review after Jollibee online backlash

After earning the ire of many Filipinos who had seen his initial negative review of Jollibee, American record producer Benny Blanco uploaded another food review video, this time giving a more favorable review of Filipino food. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 3rd, 2024

Group calls for lease-free installation of broadband links

Like free access to electricity and water lines, the installation of broadband connectivity should not bear additional costs to internet providers, according to CitizenWatch Philippines......»»

Category: newsSource:  philstarRelated NewsApr 14th, 2024

Philippines urged to improve broadband infrastructure

The Philippines will need to pursue and implement reforms aimed at encouraging competition and investments to improve its broadband infrastructure, according to a World Bank study......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

‘Government broadband program key to digital push’

An international think tank has lauded the administration’s Broadband ng Masa Program, saying it is a critical component of efforts toward digital transformation and inclusivity, but warned there needs to be a greater push for improvement......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Remembering ABS-CBN pillars Deo Endrinal and Jake Almeda Lopez

Feb. 3 was a heartbreaking day for ABS-CBN because two of its pillars — Deo Endrinal (60) and lawyer Jake Almeda Lopez (95) — passed away that Saturday.  .....»»

Category: entertainmentSource:  philstarRelated NewsFeb 12th, 2024

Former ABS-CBN vice chairman Augusto Lopez, 95

Augusto Almeda Lopez, the person who gave broadcast giant ABS-CBN its name, passed away over the weekend. He was 95......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

ABS-CBN executive Deo Endrinal passes away at 60

ABS-CBN's Dreamscape Entertainment head Deo Endrinal has passed away. He was 60. .....»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Ex-ABS-CBN vice chairman Jake Almeda Lopez passes away

War veteran and former ABS-CBN general manager and vice chairman Augusto “Jake” Almeda Lopez has passed away. He was 95......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Gen Z actors get acting break in ABS-CBN’s new series ‘Zoomers’

The ABS-CBN has just introduced a fresh breed of artists in their new youth-reality series “Zoomers.”.....»»

Category: entertainmentSource:  philstarRelated NewsJan 26th, 2024

Vice Ganda nakipag-‘dinner date’ sa big bosses ng ABS-CBN, GMA

MATAPOS ang contract signing ng “It’s Showtime” para sa collaboration ng Kapamilya at Kapuso networks, masayang ibinandera ng TV host-comedian na si Vice Ganda ang dinner date kasama ang big bosses ng nasabing media giants. Sa Instagram Stories, makikita ang picture niya na kasama ang ABS-CBN executives na sina Cory Vidanes at Carlo Katigbak, pati.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024