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Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas
Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»
Davao activists hail Supreme Court decision vs red-tagging
DAVAO CITY, Philippines -The Supreme Court this week ruled that red-tagging – the act of labeling activists and others as........»»
Progressive groups welcome SC’s ruling on red-tagging
By ANNE MARXZE D. UMIL Bulatlat.com MANILA — Progressive groups welcomed the Supreme Court’s ruling on the petition filed by former Bayan Muna representative Siegfred D. Deduro, declaring that red-tagging, labeling, and guilt by association threaten a person’s right to life, liberty or security. In a decision dated July 4, 2023 penned by Associate Justice… The post Progressive groups welcome SC’s ruling on red-tagging appeared first on Bulatlat......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Pascual lauds Citem’s international food expo spotlighting Filipino food manufacturers
Pascual lauds Citem’s international food expo spotlighting Filipino food manufacturers.....»»
CVIRAA 2024: Samsam urges probe into ‘spoiled food’ for Talisay delegates
LAPU-LAPU CITY, Cebu — Talisay City Mayor Gerald Anthony “Samsam” Gullas is urging the Department of Education (DepEd) in Talisay City to investigate reports that one of their delegates to the Central Visayas Regional Athletic Association (CVIRAA) was served spoiled food. Apart from the spoiled food, the mayor has also received complaints about frozen food.....»»
Dyowa ni Selena Gomez binengga nang okrayin ang Pinoy fast food chain
BUGBOG-SARADO ang American record producer na si Benny Blanco sa mga netizens matapos mag-viral ang pambabarubal nito sa isang Pinoy fast food chain. Pinutakti ng hate comments si Benny dahil sa hindi makatarungang pagre-review nito sa food and drinks mula sa sikat na fast food dito sa Pilipinas. Napanood din namin ang TikTok video ng.....»»
Lab-grown proteins, edible containers, and other food innovations we’ll eat in 2024
San Miguel Foods Culinary Center recently presented “Food Forward: A Taste of 2024 Food Trends” hosted by Paolo Abrera and chef Llena Tan-Arcenas, who saw these trends at the 2023 Thailand Food Expo, as well as from SMFCC’s research and observations......»»
Delight in the future of healthy and convenient eating as FOODPhilippines joins Gulfood 2024
A delegation of 25 food exhibitors will rally behind FOODPhilippines, the country’s collective food promotions program, to showcase an array of nutritious food options at the 29th edition of Gulfood. The Philippine delegation will return for the 19th consecutive time to one of the world’s biggest and most relevant trade shows for food and beverage […].....»»
Marcos-Duterte rift escalates over Philippines constitutional changes - Nikkei Asia
Marcos-Duterte rift escalates over Philippines constitutional changes Nikkei Asia.....»»
Bunye: BSP changes FX rules for foreign investments to make them easier
Bunye: BSP changes FX rules for foreign investments to make them easier.....»»
CAB: Expect no changes in airfares next month
Travelers planning to book a summer trip can expect airfares to remain the same in April, as the government made no changes in the fuel surcharge that airlines can pass on......»»
E Ayawat a Pamagbayu Kalabas ning Panaun (Inevitable Changes at The Passing of Time)
E Ayawat a Pamagbayu Kalabas ning Panaun (Inevitable Changes at The Passing of Time).....»»
Marcos limits constitutional changes to economic front
President Ferdinand Marcos Jr. announced a focused approach to constitutional changes, concentrating solely on economic provisions to boost the Philippine economy. .....»»
Filipinos Hope for Positive Changes in 2024
The new year brings new hope for every Filipino dreaming of improving their economic status and living a life where they can have three meals a day. This is a modest dream of a small Filipino that remains a dream due to the lack of action from those in authority. Often, lawmakers and local officials […] The post Filipinos Hope for Positive Changes in 2024 appeared first on Bicol Peryodiko......»»
DTI adopts SRP changes for coffee, salt product variants
DTI adopts SRP changes for coffee, salt product variants.....»»
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......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»