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Travel agencies group warns about cheap, illegal operators
The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
T-bill rates up across the board
Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»
Recto joins BSP’s Monetary Board
Newly appointed Finance Secretary Ralph Recto has formally assumed the role of the government’s representative to the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas......»»
DHSUD: Former MVHAI board members legitimate
The Department of Human Settlements and Urban Development (DHSUD) has recognized the former board members of the Multinational Village Homeowners Association Inc. in Parañaque City as the MVHAI’s “legitimate” officers......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
DOT seeks inclusion in protected areas board amid Chocolate Hills issue
Department of Tourism Sec. Christina Frasco —INQUIRER.net file photo / Ryan Leagogo After the recent controversy surrounding a resort development near Chocolate Hills in Sagbayan town, Bohol, the Department of Tourism (DOT) announced plans to advocate for its inclusion in the national government’s Protected Area Management Board (PAMB). Tourism Secretary Christina Frasco stated during a.....»»
Monetary Board awaits Palace word on government representative
The Bangko Sentral ng Pilipinas is awaiting word from Malacañang as to who will be the government representative in the seven-member Monetary Board......»»
Finally, a complete 7-member Monetary Board
Last Friday, Jan. 26, marked a turning point for Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, with him finally comfortably hosting this year’s annual reception for the banking community outdoors at the BSP compound’s historic Fort San Antonio Abad on a cool early evening, with a relaxed business casual suit but no tie dress code, and finally with a complete seven-member Monetary Board......»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
TUCP to House: Pass bill that seeks across-the-board P150 wage hike
TUCP to House: Pass bill that seeks across-the-board P150 wage hike.....»»
Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board
'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»
Diokno as Monetary Board member: I’m now cooling down
Former finance secretary Benjamin Diokno says he is now on a cooling down mode as he was sworn in as the last member of the Monetary Board......»»
Cancer Center PPP up for NEDA board approval
The proposed change in the cost and terms of the University of the Philippines - Philippine General Hospital (UP-PGH) Cancer Center public private partnership (PPP) project will be presented for the National Economic and Development Authority (NEDA) board approval next week, the PPP Center said. .....»»
T-bill rates rise across the board
Rates for the government’s short-term securities went up across the board as investors expect that policy easing here and abroad will likely be pushed further down the road......»»
‘IMPROPER DISBURSEMENTS’ | NEA dismisses 2 Noceco GMs, 12 board of directors over alleged anomalies
‘IMPROPER DISBURSEMENTS’ | NEA dismisses 2 Noceco GMs, 12 board of directors over alleged anomalies.....»»
TUP grad tops ECE board exam
TUP grad tops ECE board exam.....»»
From cancer survivor to board topnotcher
From cancer survivor to board topnotcher.....»»
Arthaland board approves P3-B preferred shares sale
The Arthaland board of directors approved a follow-on offering of up to P3 billion worth of preferred shares at P500/share......»»