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FDI inflow registers 2-month high in January
The inflow of foreign direct investments soared by 89.9 percent to hit a two-month high in January, as easing inflation boosted investor confidence in the Philippines......»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
HMOs incur higher P4.3 billion losses in 2023
The health maintenance organization industry suffered a bigger net loss of P4.3 billion in 2023, marking the second straight year of a weak bottomline, as benefits and claims by its members soared......»»
San Miguel income soars to P44.7 billion in 2023
Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»
Bitcoin hits new all-time high
The leading cryptocurrency surged above the $72,000 mark on Monday Bitcoin, the world's highest-valued cryptocurrency, hit a new record on Monday as it surged above $72,000. The token soared to a fresh all-time high of $72,030, breaking the record set in November 2021 and bringing gains for the year so far to n.....»»
Wholesale price of tomatoes soar
Two months after the reported dumping of tomatoes, the wholesale price of the produce at the Nueva Vizcaya Agricultural Terminal has soared to P70 per kilo due to shortage......»»
Operation Second Chance empowers CICLs thru livelihood programs
CEBU CITY, Philippines – Cebu City Operation Second Chance Center (CCOSCC) in Barangay Kalunasan is empowering its young wards with innovative livelihood programs in a bid to transform their lives. Portia Basmayor, the executive director of CCOSCC, said the center aims to equip the 67 Children in Conflict with Law (CICL) with essential skills for.....»»
Israel vows to retaliate against Iran: Here are the risks of this action
JERUSALEM — Israel is vowing to retaliate against Iran, risking further expanding the shadow war between the two foes into a direct conflict after an Iranian attack over the weekend sent hundreds of drones and missiles toward Israel. Israeli officials have not said how or when they might strike. But as countries around the world.....»»
Badoy guilty of indirect contempt for threats vs judge
The Supreme Court has slapped a P30,000 fine against Lorraine Badoy, former spokesperson for the National Task Force to End Local Communist Armed Conflict for indirect contempt over her “vitriolic statements and outright threats” against a judge......»»
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......»»
Threats vs media to be classified as poll offenses
Threats, harassment, physical attacks and other forms of violence against members of the media during election period will be classified as election offenses under an agreement to be signed by the government’s task force on media security and the poll body by next month......»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
Indonesia: Protect Newly Arrived Rohingya Refugees
(Jakarta) - Indonesian authorities should immediately stop all pushbacks of boats carrying ethnic Rohingya refugees, and investigate and end all assaults on refugees, Human Rights Watch said today. The authorities should allow them to disembark in the nearest safe port, provide protection and humanitarian assistance, and investigate online incitement of violence against.....»»
Meet the 4 activists charged with anti-terror law
At least 98 activists, humanitarian and church workers are facing Anti-Terrorism Act of 2020 and Terrorism Financing Prevention and Suppression Act of 2012 charges according to Karapatan. They described these laws as “twin terror laws” that are being used against activists, humanitarian workers and those who serve the welfare of the marginalized. The post Meet the 4 activists charged with anti-terror law appeared first on Bulatlat......»»
‘Climate change inaction cost to reach P1.4 trillion by 2030’
The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»
Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue
Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
PRO-7: Rules on anti-terror law to boost efforts against terrorism in CV
CEBU CITY, Philippines — An official of the Police Regional Office in Central Visayas (PRO-7) said that they were preparing to make the necessary adjustments in line with the newly-implemented rules on anti-terrorism cases. On January 15, 2024, the “Rules on the Anti-Terrorism Act (ATA) of 2020 and Related Laws” officially took effect. This.....»»
A whole of nation approach for our children
The Presidential Communications Office has reported that the Department of the Interior and Local Government will capacitate the Violence Against Women and Children desks to improve the handling of online sexual abuse and exploitation of children cases in barangays. For those who are not too familiar with the VAWC help desk, it is basically an area found within the barangay hall composed of certain fixtures that of course include a desk but also, and more importantly, a log book for purposes of record keeping of cases......»»
Keeping children safe on social media: What parents should know to protect their kids
Keeping children safe on social media: What parents should know to protect their kids.....»»