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Notes on the beat: For these tycoons, three’s not a crowd

This is not a love story, and certainly not the whirlwind kind, but the characters aren’t any different......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Nuclear energy on tycoons’ radar

Companies led by business titans Manuel V. Pangilinan, Sabin M. Aboitiz and Enrique K. Razon continue their quest for nuclear power in a bid to support the country’s energy security in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Duterte’s P.S. to Cebu supporters:  support Sara’s bid for the Presidency

DAVAO CITY (MindaNews / 26 February) – After bidding the crowd goodbye during the “candlelight prayer rally”of Hakbang ng Maisug in Cebu City on Sunday evening, former President Rodrigo Duterte made a pitch for his daughter Sara, currently the Vice President, urging them to support her bid for the Presidency in 2028. Duterte did not […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

CLOSAP welcomes passage of ordinance for drug-free workplace

LAPU-LAPU CITY, Cebu- The City of Lapu-Lapu Office for Substance Abuse Prevention (CLOSAP) welcomed the recent passage of an ordinance that institutionalizes the implementation of a drug-free workplace here. The ordinance authored by Councilor Emilio Galaroza Jr., the Chairman of the Committee on Health, mandates the conduct of authorized drug testing in all offices of.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

PH media slam Chinese foreign ministry’s claims of manipulating WPS reports 

Philippine media groups criticized the Chinese foreign ministry for suggesting that recent reports on Chinese harassment of Filipino vessels in the West Philippine Sea involved video manipulation and sensationalism to portray the Philippines as a victim. The Foreign Correspondents Association of the Philippines (Focap) and National Union of Journalists of the Philippines (NUJP) expressed offense.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

WATCH: For Chinese New Year, even Catholics visit this Manila Buddhist temple

Filipino-Chinese families make a unique display of faith and culture as they visit Seng Guan Temple, one of Manila's biggest Buddhist temples, on the eve of Chinese New Year 2024.....»»

Category: newsSource:  rapplerRelated NewsFeb 10th, 2024

Chinese New Year Colors Explained for Filipinos

Every Chinese New Year, Filipinos see splashes of red and yellow everywhere in the form of lanterns and envelopes full of cash. While Chinese culture is all about luck, what Filipinos should know is that good luck is not actually found in the lanterns or envelopes themselves. Rather, the luck is in the colors. Just.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Marcos, Romualdez lash out at Dutertes for ‘drug addict’ accusation

In a first, President Ferdinand Marcos Jr. has rebuked former President Rodrigo Duterte for publicly accusing him of taking illegal drugs, saying that the former leader is suffering from his use of the “highly addictive” Fentanyl drug......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

A century of Philippine accountancy

In my long life as a professional writer – aside from being a fictionist, journalist and academic – I’ve occasionally been asked to write books for both private and public institutions and individuals, usually to commemorate an important milestone. My clients have included banks, power and energy companies, accounting firms, NGOs, business tycoons, politicians and thinkers......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

DoubleDragon equity may exceed P100 billion this year

DoubleDragon Corp., the property developer chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, expects to hit a new milestone this year as it looks to surpass P100 billion in total equity for the first time......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

MVP, RSA hope to seal tollway deal this year

Negotiations on the planned merger of the toll road units of Metro Pacific Investments Corp. and San Miguel Corp. are moving smoothly so far, with tycoons Manuel V. Pangilinan and Ramon Ang bullish on sealing the deal within the year......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Dahil sa monopoly SANIB-PUWERSA NG 3 TYCOONS SIRIT-PRESYO SA KORYENTE — CONSUMERS GROUP

ANG US$3 bilyong kasunduan sa pagitan ng tatlong mga bigating energy firms sa pamamagitan ng paggamit ng natural gas ng mga power plants ay isang malaking banta para sa mga consumer dahil magdudulot ito ng pagtaas sa presyo ng koryente sa pamamagitan ng monopolyo ng liquefied natural gas (LNG) industry. Ayon kay consumer group United ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024

Where have all the nurses gone?

I could write about the country’s female tycoons who have grown their fathers’ businesses to dizzying heights, including Tessie Sy-Coson, Helen Yuchengco-Dee, Robina Gokongwei and Josephine Gotianun-Yap; or I could write about the Dumaliang sisters who staunchly defend that piece of paradise known as Masungi Georeserve; or I could write about our Filipina athletes waving the flag around the globe......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

MVP, RSA plan to list expressway behemoth

Tycoons Manuel V. Pangilinan and Ramon S. Ang plan to bring an infrastructure behemoth to the local stock exchange in the event they succeed in combining their toll road units......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Ex-President Duterte is lone 2024 Datu Bago awardee

DAVAO CITY (MindaNews / March 5)—Former President Rodrigo Duterte, who also served as mayor for over two decades, will be the lone 2024 Datu Bago awardee. Davao City Councilor Pilar Braga, who also chairs the Datu Bago Awards Organization (DBAO), said it is high time for Duterte to receive the award as the “most deserving […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget

CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Honasan seeks ceasefire between feuding Marcos, Duterte camps

MANILA, Philippines — Former Senator Gringo Honasan on Monday urged for a ceasefire between the camps of President Ferdinand “Bongbong” Marcos Jr. and former President Rodrigo Duterte following a volley of heated allegations between the two. In a statement, Honasan called on Marcos and Duterte to “show sobriety” for the sake of those who look.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Cebu City drug bust: 5 persons nabbed, P102,000 ‘shabu’ seized

CEBU CITY, Philippines – A Cebu City drug bust led to the arrest of a man, who was once arrested for a drug case and released on bail, and his nephew and 3 others after a buy bust in Barangay Basak-San Nicolas, Cebu City on Thursday evening, February 15, 2024. The operation, which was initiated.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

FDA to slash generic drug review to 45 days

The country's Food and Drug Administration announced Tuesday that it will shorten the review and approval process for generic drug applications to only 45 days from 120 days. .....»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024