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Business group backs carbon emission trading
The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»
Megawide expands portfolio of 8990 projects
Infrastructure conglomerate Megawide Construction Corp. has completed another project for mass housing developer 8990 Holdings Inc......»»
Megawide confirms route expansion for PITX bus terminal
Megawide confirmed a report that its subsidiary, Parañaque Integrated Terminal Exchange (PITX), is planning to add six bus routes to its 100-route network......»»
Holcim, Megawide renew cement supply agreement
Holcim Philippines Inc. has renewed its supply agreement to provide the cement requirements of Megawide Construction Corp......»»
AboitizPower’s TVI logs 77% completion in 10-year carbon sink goal
Aboitiz Power Corporation subsidiary Therma Visayas Inc. (TVI) marked the seventh year of its Carbon Sink Management Program with 770,000 trees planted en route to achieving a 10-year one million trees target through 2027......»»
Murder case filed vs 5 tagged in slay of Lapu market collector
LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»
Cebu City College construction in Ramos Public Market starts
CEBU CITY, Philippines — The construction of the Cebu City College in Ramos Public Market is ongoing despite the continued operation of some vendors there. This was confirmed by Grace Arinaza, admin aide 3 of Ramos Public Market, via Sugboanon Channel’s program on Wednesday, Feb. 7. The construction of the Cebu City College was already.....»»
We need to make companies pay for pollution
In a recent meeting, newly appointed finance secretary Ralph Recto stressed the need for the Philippines to seriously study carbon pricing instruments, with the intended aim of reducing emissions through a combination of carbon taxation and an Emissions Trading System......»»
Colon Night Market set to close on January 31
CEBU CITY, Philippines – The Colon Night Market is set to conclude its operations on Wednesday, January 31. This information was shared by Maria Pino, president of the Cebu City United Vendors Association Inc. (CCUVA), on January 26 through the Cebu City News and Information Facebook page that is managed by the Cebu City Public.....»»
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......»»
Cambodia: Carbon Offsetting Project Violates Indigenous Group s Rights
(Bangkok) - A major carbon offsetting project in Cambodia shows that such initiatives can harm Indigenous people when communities' effective participation and consent are not ensured, Human Rights Watch said in a report released today.Violations of Chong.....»»
New finance chief eyes carbon tax
Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»
Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies
In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»
Cebu Daily Newscast: Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, February 29. Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections Former Cebu City Mayor Tomas Osmeña announced his plans to run for Vice Mayor in the 2025 midterm elections.....»»
Cebu City’s Singapore-like goal is about instilling discipline and respect, city administrator says
CEBU CITY, Philippines — Discipline and respect are what will make Cebu City a Singapore-like city. According to Cebu City Administrator and Lawyer Collin Rosell, speaking on Friday, March 1, during the “League of Lupong Tagapamayapa – Cebu City Chapter General Assembly and Board of Directors Election,” held near a pier in Cebu City, Mayor.....»»
First Gen offers P1 million for climate solutions
Students from 29 universities and colleges from around the country have joined a P1-million competition launched by Lopez-led First Gen Corp. for them to develop the best and most innovative ideas and solutions to cut their schools’ carbon footprint......»»
Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»
Cebu Daily Newscast: 2 King Cobras killed in Cebu City
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, February 20, 2024. 2 King Cobras killed in Cebu City Two King Cobras were recently spotted and killed in a Cebu City barangay heightening fears about the highly venomous reptiles’ presence in the.....»»
P35 million allotted for Araw ng Dabaw
DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»