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21 kilos shabu seized in Zamboanga City PDEA sting
Anti-narcotics agents seized P145.5 million worth of shabu from four dealers entrapped in Barangay Mampang in Zamboanga City on Thursday night with the help of tipsters and local officials......»»
BOC seizes P37 million ‘kush’ from Thailand
The Bureau of Customs (BOC) has confiscated 30.952 kilos of “kush” or a type of high-grade marijuana with a street value of P37 million hidden inside six balikbayan boxes from Thailand......»»
P102 million marijuana in balikbayan boxes seized in Manila port
The Bureau of Customs has confiscated five balikbayan boxes containing 82 kilos of marijuana and 1,881 cannabis vape pens valued at P102 million, the BOC repor.....»»
P10.54 million shabu seized in Iloilo
At least 1.55 kilos of shabu with an estimated street value of P10.54 million were recovered in stings in Iloilo City on Thursday, Western Visayas police director Brig. Gen. Jack Wanky said......»»
Patrick ayaw munang mag-showbiz ang mga anak; ingat na ingat sa mga kilos
KUNG si Patrick Garcia lamang ang masusunod, ayaw muna niyang sumabak sa pag-aartista ang kanyang mga anak. Alam na alam ng aktor ang buhay ng isang batang artista sa mundo sa showbiz dahil napagdaanan at naranasan na niya ito ilang dekada na ngayon ang nakararaan. Sa YouTube channel ni Toni Gonzaga, natanong ang aktor kung.....»»
P7.14 million shabu seized in Caloocan
Anti-narcotics agents seized 1.05 kilos of methamphetamine hydrochloride or shabu valued at P7.14 million in a sting in Caloocan City at past midnight yesterday......»»
Ex-con caught with P6.8M ‘shabu’ in Cebu City buy-bust
CEBU CITY, Philippines – An ex-convict is going back of jail after he was caught Monday night with P6.8 million worth of suspected shabu during a buy-bust operation in Barangay Mabolo, Cebu City. Harold Domen Yu alias “Jono,” who was able to dispose one to two kilos of shabu per week, was considered a high-value.....»»
BOC intercepts P7 million shabu in car part
The Bureau of Customsrecently prevented the exportation of 1.1 kilos of methamphetamine hydrochloride or shabu valued at P7 million hidden in an automobile part to be sent to New Zealand......»»
Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car
BEIJING (Reuters) – Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the two hour-long event, Xiaomi CEO and founder Lei Jun told a packed.....»»
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......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
Philippine bond market hits $217 billion in Q4
The Philippine bond market went up slightly in the fourth quarter of 2023 due to the increase in government bond issuances, according to a report from the Asian Development Bank......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
How to Trade the Forex Market: A Comprehensive Overview
Trading the forex market involves buying and selling currencies with the intention of making a profit from the changes in the exchange rate, hence why.....»»
Metrobank raises record $1 billion from international bond market
Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»
Market ends week on high note
The stock market capped off the week on a high note, buoyed by positive cues from the US markets overnight......»»
Market rally at risk from profit takers
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»
Market extends winning streak
The stock market surged anew yesterday, extending its winning streak to a fifth session, as investor sentiment was boosted by the latest local unemployment data and positive cues from Wall Street overnight......»»