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SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls
The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»
Pertussis cases up in 6 regions
Pertussis cases have continued to increase in six regions, according to the Department of Health......»»
Pertussis cases increase in C. Luzon, 4 other regions
Pertussis cases increase in C. Luzon, 4 other regions.....»»
DSWD aids fire-hit families in various regions in collab with concerned LGUs
Families affected by recent fire incidents in the different regions in the country have been assisted by the Department of Social Welfare and Development (DSWD) in line with its mandate to serve families and individuals in difficult circumstances, the agency spokesperson said on Tuesday (February 13). DSWD Asst. Secretary for Strategic Communications Romel Lopez said […].....»»
Domestic workers in 13 regions get pay hike
Domestic workers in 13 regions have received an increase in their salary, according to the Department of Labor and Employment......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
ASEAN to remain among fastest growing regions
The Association of Southeast Asian Nations is likely to continue to see strong growth this year and remain among the fastest growing regions in the decade ahead, S&P Global Market Intelligence said. .....»»
China says Philippines ignored South China Sea proposal as tensions rise - BBC.com
China says Philippines ignored South China Sea proposal as tensions rise BBC.com.....»»
Jade Castro and the danger of warrantless arrest: Rappler, Philstar.com explain when such arrest is legal
CHEERS TO Rappler and Philstar.com for calling attention to the highly irregular arrest of filmmaker Jade Castro a.....»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
Marcos unperturbed by calls for Mindanao secession – Abalos
President Marcos is unperturbed by the recent call of his predecessor former president Rodrigo Duterte to separate Mindanao from the Philippines, according to Interior Secretary Benhur Abalos......»»
Duterte mulls PI for Mindanao secession
After accusing President Marcos of being behind the people’s initiative signature campaign to change the Constitution, former president Rodrigo Duterte has put forward the idea of Mindanao seceding from the rest of the Philippines......»»
PDEA, PCG ink deal to prevent entry of illegal drugs
The Philippine Drug Enforcement Agency and the Philippine Coast Guard have strengthened their partnership to prevent the entry of illegal drugs through the country’s coastlines......»»
Fire official: Bury trash in pit rather than burning it to prevent grass fire
Fire official: Bury trash in pit rather than burning it to prevent grass fire.....»»
Vaccination for Negrense kids urged to prevent pertussis
Vaccination for Negrense kids urged to prevent pertussis.....»»
India s $1 pill could be key to curing cancer - report
Researchers at the TATA Institute have developed a medicine that could prevent the recurrence of cancer and reduce the side effects of treatment by 50% The TATA Institute in Mumbai has developed a pill that could prevent the recurrence of cancer and reduce the side effects of treatment by 50%, the Economic Tim.....»»
DA moving to prevent decline in onion farmgate price
Efforts are now being done to prevent the further decline in the farmgate price of onions as farmers are forced to sell their produce at about P20 per kilo, Department of Agriculture spokesman Arnel De Mesa said......»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
‘Prevent acts of Genocide in Gaza,’ int’l court tells Israel
“This is a landmark ruling, though short of an actual ceasefire order, that places the burden on Israel and the entire world, to ensure that genocide is not committed." The post ‘Prevent acts of Genocide in Gaza,’ int’l court tells Israel appeared first on Bulatlat......»»
Senate rallies behind legislated wage hike; House to proceed with caution
Buoyed by President Ferdinand Marcos Jr.'s order to review the minimum wage rates in all regions, Senate President Juan Miguel Zubiri urged the president to tag as urgent a bill that legislates a P100 minimum wage hike for all private sector workers......»»