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SEC-Davao advises timely submission of requirements for amnesty payments

The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

CPA issue: Rama requests PBBM to intervene

CEBU CITY, Philippines – Cebu City Mayor Michael Rama has asked President Ferdinand Marcos Jr. to step in in his ongoing row with the Cebu Port Authority or CPA. In a report from Cebu City News and Information on April 4, Rama mentioned that the National Historical Commission of the Philippines (NHCP) and the National.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Cebu Football Club starts PFL season on Saturday

CEBU CITY, Philippines —The Cebu Football Club (CFC) Gentle Giants will spend most of their Philippines Football League (PFL) season at home as they host 12 of their 14 matches at the Dynamic Herb-Borromeo Sports Complex, beginning tomorrow, Saturday, April 6. The Gentle Giants, the first homegrown Cebu pro football club to reach the AFC.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Cebu Daily Newscast: Barangay Councilor, SK chairman caught inside motel in Lapu-Lapu, detained, freed

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, April 3, 2024. Barangay Councilor, SK chairman caught inside motel in Lapu-Lapu, detained, freed A barangay councilor and Sangguniang Kabataan (SK) chairman of a northern Cebu town were apprehended inside a motel room.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2024

Capitol defends plans to relocate in Balamban

CEBU CITY, Philippines – The Cebu Provincial Government defended its plans to relocate its seat of power to Balamban town in western Cebu amid criticisms following site redevelopment in the locality’s mountains. Furthermore, they assured the public, including environmentalists, claiming that the project would not ‘bring massive environmental damage in Cebu.’ The Capitol made this.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

MFC Cebu-Makati FC young booters dominate Asia’s biggest youth football tilt

CEBU CITY, Philippines — The combined teams of Makati Football Club Cebu and Makati FC (MFC) dominated the recently concluded Junior Soccer School and League (JSSL) over the weekend in Singapore. MFC sent 14 teams to Singapore’s premier youth football competition. Many players who suited up for MFC were from the Makati Football Club Cebu.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

CCLEX safety enhancements pushed after US bridge tragedy

Cebu City, Philippines — In light of recent events, a call for increased CCLEX safety measures has been made to the Cebu Cordova Link Expressway Corporation (CCLEC) by a Cebu City legislator. Councilor Rey Gealon penned a resolution urging CCLEC to implement precautionary measures at the Cebu-Cordova Link Expressway to prevent disasters, considering the high.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Cebu bus terminals: 100,000 passengers expected on March 27

CEBU CITY, Philippines — At least 100,000 passengers are expected to flock to two of the biggest bus terminals here in Cebu for the Holy Week this year. As early as 7 a.m. on Holy Wednesday, dozens already queued for buses at the Cebu North Bus Terminal (CNBT) in the North Reclamation Area. READ MORE:.....»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2024

5-day forecast: Fair weather expected in Cebu

CEBU CITY, Philippines – The weather in Metro Cebu and the rest of the province is forecast to be generally fair and pleasant over the next five days, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said. The Pagasa Visayas Regional Services Division has forecast that the Visayas, including the whole of Cebu, will.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Teen centers in Cebu City pushed amid rising teen pregnancy cases

CEBU CITY, Philippines — In response to the alarming rise in teenage pregnancy cases across Cebu, a local legislator penned a resolution urging the establishment of local adolescents and teen centers in Cebu. City Councilor Rey Gealon stipulated in the resolution the importance of providing essential support and education to empower young individuals in making.....»»

Category: newsSource:  inquirerRelated NewsMar 22nd, 2024

The colorful and inspiring life of Cebu’s ‘Duster King’

CEBU CITY, Philippines—Cebu’s active running scene is filled with individuals who stand out. One of them is Leonecel Arban, popularly known as the “Duster King.” Arban, a native of Alcoy town, south Cebu, is widely known for his playful running attire and props during running events, which often draws attention. Arban, who currently resides in.....»»

Category: newsSource:  inquirerRelated NewsMar 22nd, 2024

Local FM station, two broadcasters in Cebu sanctioned

CEBU CITY, Philippines – A local FM radio station and two of its broadcasters have been sanctioned by the Cebu City Anti-Indecency Board (CCAIB) due to their controversial interview with a minor rape victim that went viral. In a report from Cebu City News and Information, the CCAIB addressed the issue that went viral last.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Kartzone Cebu Racing Team celebrates recent wins, eyes bigger races in 2024

CEBU CITY, Philippines — There’s a new racing team in Cebu that will surely give everyone a run for their money.  They’re no other than the KartZone Cebu Racing Team that recently made waves in the national karting scene.  Amazingly, this team isn’t composed of veteran and hard-nosed drivers, but a bunch of talented kids.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

‘Little Cardo Dalisay’ in Cebu nabbed, accused of hurting people who did not give alms

CEBU CITY, Philippines — Harvey Cuervo, 19, dubbed as the Little Cardo Dalisay in Cebu, went viral once again. But this time, not for the right reasons. Cuervo is now detained at the Cebu City Police Station after police arrested him on Sunday midnight, March 10, for illegal possession of firearms. READ: Japanese national nabbed.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Rama threatens legal action against Gwen, CBRT opponents

CEBU CITY, Philippines – Anyone who attempts to obstruct the Cebu Bus Rapid Transit (CBRT) project in any manner will force City Mayor Michael Rama to file legal cases. Cebu City Mayor Michael Rama announced on Thursday, March 7, that he was not even hesitant to file a case against Cebu Provincial Governor Gwen Garcia.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Cebu Daily Newscast: Rama threatens legal action against Gwen, CBRT opponents

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Rama threatens legal action against Gwen, CBRT opponents Mayor Michael Rama announced on Thursday that he will take legal action against anyone who attempts to obstruct the Cebu bus rapid transit project. In his weekly radio program, Rama said that he is.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Cebu BRT tussle: Gwen says Capitol owns lots along Osmeña Boulevard

CEBU CITY, Philippines — As far as the Cebu Provincial government is concerned, they rightfully owned the lots along Osmeña Boulevard. This is the latest round of squabble among present and former officials of the Cebu City government and the Capitol over the construction of the Bus Rapid Transit (BRT) along Osmeña Boulevard. READ: Rama.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

CEC Dragons to hold tryouts on March 9 

CEBU CITY, Philippines– The Cebu Eastern College, CEC Dragons will conduct tryouts for its basketball teams on March 9, at the CEC gymnasium in downtown Cebu City. CEC is one of the touted high school squads in the Cebu Schools Athletic Foundation, Inc. (Cesafi) basketball tournament.  There will be three age groups open for tryouts.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Tomas Osmeña threatens to sue Gwen over stoppage of CBRT works

CEBU CITY, Philippines — “We’ll see each other in court.” This was the statement of former Cebu City mayor Tomas Osmeña addressed to Cebu Governor Gwendolyn Garcia, in relation to Garcia’s call on stopping the ongoing  construction of the Cebu Bus Rapid Transit (CBRT) on province-owned lots along Osmeña Boulevard. “If the governor would insist.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Rama on settling CBRT dispute with Capitol: ‘Why should I?’

CEBU CITY, Philippines – Cebu City Mayor Michael is not open to meeting with members of the Cebu Provincial Board following the two resolutions passed urging the Cebu Bus Rapid Transit (CBRT) to halt civil works due to violations of heritage laws. Rama noted that he had already made a statement regarding the issue and.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024