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What impact could a potential POGO ban have on the REITs?

I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

The paradoxes of life

Have you ever heard of the term “The Double Negative Paradox?” One day, a linguistics professor said during a lecture, “In English, a double negative forms a positive......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

VP Sara involved in “tokhang” formation, says ex-cop

VP Sara Duterte allegedly approved and designed the “Oplan Tokhang” operation against drug users and dealers during her term as Davao City Mayor, which allegedly involved burying drug suspects......»»

Category: newsSource:  davaotodayRelated NewsFeb 6th, 2024

Political Cha-cha

It’s out in the open, what political opponents think of the latest push for Charter change: Speaker Martin Romualdez, they believe, wants to become prime minister once his cousin Ferdinand Marcos Jr. steps down as president (or even during BBM’s term) under a parliamentary system similar to the Singapore model......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Ed Formoso returns afte 27 years

Ed Formoso was a prolific producer and songwriter during the late ‘70s and winner of four Cecil Awards during the ‘80s for the band Dinosaur. He was a hotshot during those days. Formoso has decided to get back to the swing of things or better put, the rhythm of the music. He is now 69 years old but just like before he is brimming with ideas. These should be interesting given the fact that he has three new originals that make up a new concept project called Sgaaty or Still Gago After All These Years. Leading the batch is a hard rock song War! Oh No! (The Anti-War). Watch out for that ‘still gago’ tag. Formoso might just shake up Filipino music again......»»

Category: entertainmentSource:  philstarRelated NewsApr 18th, 2024

12 people drown in Philippines during past week break

MANILA, April 1 (Xinhua) -- At least 12 people, including a three-year-old boy, have drowned in the Calabarzon region during the past holy week break starting March 28, local police said on Monday. The victims died in separate incidents in the region, which is located in southeast of Manila and comprises five provinces. Filipinos observe the holy week that falls during summer by heading to the beach or ri.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

Cebu Daily Newscast: Two women arrested in Cebu for stealing during Sinulog festival

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, January 23, 2024. ‘Salisi Gang’ members nabbed during Sinulog Two women believed to be members of a ‘salisi gang’ were arrested here while trying to steal valuables from unsuspecting individuals during the Fiesta.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Asian hate

Hate crimes are appalling as they are heartbreaking but especially Asian hate crimes because Filipinos are among the victims. The stories and videos that made it to our timelines since the problem erupted during the pandemic showed so many random hateful acts against Asians......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

New MILF political party office up, more members join

A vice mayor belonging to a big Maranao clan and many others joined the United Bangsamoro Justice Party of the Moro Islamic Liberation Front during the inauguration of its newly-constructed headquarters building in Cotabato City on Sunday......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

Enjoy Your Summer Vacay While Keeping Cool With These Tips

Summer is almost here and with that, people are now planning where and when to travel, picking out accommodations, and brainstorming fun activities. However, many people don’t consider how hot summers in the Philippines can be. Keeping cool during summer is equally important to enjoy your vacation, especially with regard to health. Summers in our […].....»»

Category: newsSource:  metrocebuRelated NewsMar 9th, 2024

Xinhua world news summary at 1530 GMT, Feb. 23

VALLETTA -- At least five people were confirmed dead after a migrant boat capsized near Malta's shores during a rescue operation, local media reported on Friday. Local media said that many others were injured when the boat capsized in the morning, with more than 30 migrants on board heading to Europe. (Malta-Migrant-Deaths) - - - - MADRID -- The fire engulfing a 14-story residential block in the ea.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024

Xinhua world news summary at 1530 GMT, Feb. 23

VALLETTA -- At least five people were confirmed dead after a migrant boat capsized near Malta's shores during a rescue operation, local media reported on Friday. Local media said that many others were injured when the boat capsized in the morning, with more than 30 migrants on board heading to Europe. (Malta-Migrant-Deaths) - - - - MADRID -- The fire engulfing a 14-story residential block in the ea.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

P17.8 billion impact from FIBA World Cup

The numbers generated by the Philippines’ hosting of the 2023 FIBA World Cup are staggering and in his remarks during the SMC-PSA Annual Awards Night at the Manila Diamond Hotel last Monday, SBP president Al Panlilio said bringing the event back to the country after 45 years was “the beginning of many more good things to come for Philippine basketball.”.....»»

Category: sportsSource:  philstarRelated NewsFeb 2nd, 2024

State of calamity pushed in Davao del Norte due to floods

DAVAO CITY (MindaNews/19 January) – The Provincial Risk Reduction and Management Council (PDRRMC) of Davao del Norte has recommended placing the entire province under a state of calamity due to the massive flooding caused by a shear line weather system that affected many parts of Mindanao. The recommendation was made during the emergency meeting Thursday […].....»»

Category: newsSource:  mindanewsRelated NewsJan 20th, 2024

Rare beetle discovered in Mt. Hamiguitan sanctuary

In a recent discovery, a rare long-horned beetle, Paraskeletodes hamiguitanensis, was found in the Mount Hamiguitan Range Wildlife Sanctuary (MHRWS) in Davao Oriental. The beetle was unearthed during a scientific expedition led by the Provincial Government of Davao Oriental and conducted by a team from Davao Oriental State University (DOrSU). Dr. Milton Medina, a Filipino coleopterist, confirmed the uniqueness of P. hamiguitanensis through careful morphological examination, highlighting distinct differences from its closely related counterpart found in Sulawesi, Indonesia. The discovery sheds light on the limited knowledge of beetle taxonomy in the Philippines and underscores the need for increased scientific and conservation efforts in biodiversity hotspots like the Philippines and Sulawesi. Concerns were raised about the global trade of beetle species and the rapid loss of forest cover in the Philippines, emphasizing the vital role of protected areas like Mt. Hamiguitan as essential sanctuaries for biodiversity. The researchers emphasized the need for cooperation with DENR-Davao in promoting biodiversity conservation and encouraged young scholars to explore beetle taxonomy. The discovery of P. hamiguitanensis and several other beetle species in the area underscores the rich biodiversity of Mt. Hamiguitan, with ongoing research aiming to describe more species and uncover many undiscovered ones in the region......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

ADB eyes direct financing of renewable energy projects in Philippine

The Asian Development Bank (ADB) is looking at directly engaging with the Philippine government on financing renewable energy (RE) projects as part of its country partnership strategy (CPS) over the medium-term......»»

Category: newsSource:  philstarRelated News11 min. ago

Deniece Cornejo, Cedric Lee get life term

A Taguig court yesterday found model Deniece Cornejo, businessman Cedric Lee and two others guilty of serious illegal detention for ransom of actor-host Vhong Navarro......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Marcos Jr. mobilizes PFP to prepare for 2025 polls

President Marcos yesterday mobilized the Partido Federal ng Pilipinas to forge alliances and prepare for the 2025 elections while continuing to push for national unity as Filipinos have been reaping its benefits almost two years into his term......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Why vaultboy has ‘everything’ in his music

American singer-songwriter vaultboy has a thing for the word “everything,” to the point that he named his forthcoming album after it and incorporated the term into five out of the 12-track titles. He previously featured this word in his viral debut hit everything sucks......»»

Category: entertainmentSource:  philstarRelated NewsApr 28th, 2024

‘Millennials most financially literate generation in Philippines’

Generation Y, colloquially known as the millennials, are considered as the most financially literate generation of Filipinos, whose long-term financial goals are likely to be met......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2024