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Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
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......»»
Filinvest, KMC answer rising demand for co-working spaces
Gotianun–led property developer Filinvest Land Inc. (FLI) is teaming up with global co-working space provider KMC Community Inc. to address rising demand for co-working spaces in the Philippines......»»
Cherry Pie Picache saludo sa pagiging hard working si Coco Martin
BINALIKAN at ibinahagi din ni Cherry Pie Picache ang mga panahong nagsisimula pa lang si Coco Martin bilang talent nung nakasama niya ito sa isang pelikula. Noon daw ay nakita na niya kung gaano ka hard working ang aktor. “Nakasama ko noon si Coco sa isang indie film, yung Foster Child. Alam nyo ba kung […] The post Cherry Pie Picache saludo sa pagiging hard working si Coco Martin appeared first on Pinoy Parazzi......»»
Marcos declares Feb. 9 a special non-working day for Chinese New Year
MANILA, Philippines — President Ferdinand Marcos Jr. has declared February 9, a Friday, as a special non-working day in the country for the celebration of Chinese New Year. The Palace issued Proclamation No. 453, making the declaration. “The declaration of 09 February 2024, Friday, as an additional special non-working day throughout the country will give.....»»
Baguio City reports pertussis cases
Baguio City public health authorities admitted that the city has already recorded five cases of pertussis or whooping cough, reported from February 19 to March 27......»»
Building Bridges Through Collaboration: Baguio Central UniversityTo Co-Host International Conference
By Genevieve Balance Kupang In a collaborative spirit that transcends traditional boundaries, Baguio Central University (BCU), led by its Graduate School, College of Nursing and School of Midwifery, and the College of Business Administration, joins forces with WCC Aeronautical & Technological College (WCC-ATC) to co-host the.....»»
Baguio village treasurer gets 8 years for falsification
A barangay treasurer in Baguio City has been sentenced to up to eight years in prison for falsifying a list of recipients of rubber boots, vests and other protective gear purchased by the barangay in 2015......»»
Activists cheer as Baguio court resumes hearing on anti-terrorist label petition
A Baguio regional court is given the green light by the High Tribunal's court administrator to continue hearing the petition filed by activists.....»»
Creation of Muslim Council in Baguio City pushed
The creation of a Muslim Consultative Council seeking to institutionalize the representation and participation of the Muslim community in Baguio city’s governmental processes has been proposed. .....»»
Urban Agricultural Council in Baguio City sought
Urban agriculture that could thrive in Baguio City is eyed to reduce poverty, promote ecological integrity and food security......»»
Jasmine at Rayver pinagkaguluhan, tinilian ng mga taga-Baguio
RATED Rni Rommel Gonzales TALAGA namang very special ang selebrasyon ng Panagbenga Festival this year dahil naki-join sa makulay na festivities ang Asawa ng Asawa Ko lead stars na sina Jasmine Curtis-Smith at Rayver Cruz. Kasama pa nila sa paghahatid ng saya sa Baguio City ang kanilang co-stars na sina Martin del Rosario at Liezel Lopez. Ginanap ang Kapuso Fiesta sa Sunshine Park noong Sabado, ….....»»
Dance of the petals: Baguio City abloom in 28th year of Panagbenga
Baguio City is abloom as it celebrates the Panagbenga Festival this weekend, highlighted by street dancing and flower float parades.....»»
Benguet town up to Baguio experience haze due to forest, bush fires
Tuba town in Benguet up to Baguio City are experiencing haze as residents have been trying to block the smoke and smell of burning grass and trees due to continued wildfires ravaging different locations within the Philippine Military Academy (PMA) reservation and in Barangay Tabaan in Mt. Sto. Tomas, Tuba, Benguet......»»
SM Foundation enhances patient experience at Airforce Hospital, Baguio Health Center
A staunch believer in the positive impact of health and wellness, the social good arm of the SM group upgrades health facilities in the country. Two of its recent endeavors were at the Air Force City Hospital (AFCH) in Clark and the Lucban Health Center (LHC) in Baguio......»»
Baguio temperature dips as monsoon strengthens
The temperature in Baguio City went down to 13.4 degrees Celsius yesterday as the northeast monsoon or amihan strengthened, affecting most areas in Luzon including Metro Manila, according to state meteorologists......»»
Temperature in Baguio remains low at 11.6 Celsius
The temperature in Baguio City remained low at 11.6 degrees Celsius yesterday, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»