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SSS taps Metrobank to manage P1.5 billion fund

Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

MUP pensions, Maharlika Fund pose risks to PH economy, says new study

Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Cebu Daily Newscast: Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, February 29. Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections Former Cebu City Mayor Tomas Osmeña announced his plans to run for Vice Mayor in the 2025 midterm elections.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac

Mayor Sammy Laynes conveys his appreciation for the service rendered by outgoing Chief of Police Robert Kevin Caparosso during his tenure at the Virac Municipal Police Station for several years. Meanwhile, the mayor pledges his full support to the new leadership under OIC Chief of Police Emsol Icawat. “We also thank our outgoing chief, PMAJ […] The post The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 30th, 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

Mikel Rama, mayor’s eldest son to run for councilor in 2025

CEBU CITY, Philippines – The eldest son of Cebu City Mayor Michael Rama, Lawyer Mikel Rama, will be running as a councilor in the 2025 midterm elections. This was confirmed by the mayor himself during his “Ingna’ng Mayor” program via the Sugboanon Channel on Thursday, February 15. According to Rama, his eldest son, Mikel Rama,.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025

LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Rama on Garcia as tandem in 2025, CBRT dispute: ‘I’m an independent mayor’

CEBU CITY, Philippines — Cebu City Mayor Michael Rama “is an independent mayor.” This was Rama’s answer when questioned about his political relationship with Vice Mayor Raymond Alvin Garcia amid the ongoing controversy surrounding the Cebu Bus Rapid Transit (CBRT). In an interview on Friday, March 1, Rama mentioned that he was still assessing their.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Raymond-Mikel tandem in 2025: Possible, says Mike Rama

CEBU CITY, Philippines – Cebu City Mayor Michael Rama has expressed his confidence in Vice Mayor Raymond Alvin Garcia, saying that he could become a good mayor in the future. Mike also conveyed to Garcia that his family is never selfish when it comes to politics. “Raymond will become mayor, I’ telling you… I told.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

Mayor Albee nag-sorry kay Ivana, walang relasyon, chance encounter lang ang nangyari

SHOWBIZ KONEKni Maricris Valdez Nicasio HUMINGI ng paumanhin si Bacolod City Mayor Albee Benitez  kay Ivana Alawi. Kasabay nito, itinanggi rin at nilinaw ng alkalde na wala silang relasyon ng Kapamilya sexy actress. Ani Mayor Albee, isang malaking fake news ang nagpapakalat na mayroon silang relasyon.  Kumalat sa social media ang ilang pictures ni Mayor Albee na spotted umano sila ni ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsFeb 13th, 2024

Marcos tightens protocol plate issuance to curb misuse

President Ferdinand Marcos Jr. has issued an order regulating the granting of protocol license plates to government officials following concerns about the increasing prevalence of low-numbered plates......»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

Ombudsman junks raps vs Tabuk mayor

Suspended Mayor Darwin Estrañero of Tabuk City in Kalinga can report to work on Monday......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

Rama to barangays: No aid if fire safety initiatives not done

CEBU CITY, Philippines – Cebu City Mayor Michael Rama took a bold stance on withholding yearly aid and allocations of barangays if they would fail to comply with re-blocking initiatives in communities at risk of fire.   He said that the fund in context would be sourced from the Local Development Fund (LDF).  READ: Probe.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

TURNING POINT: The Rabid Clash of Titans

NAAWAN, Misamis Oriental (MindaNews / 31 January) – Their alliance in shambles, the incumbent and the former president of our blighted land, started trading barbs, calling each other a drug addict. Sebastian Duterte, the mayor of Davao City, came to his father’s aid demanding Marcos Jr’s resignation for incompetence. Indeed, the country’s politics has gone […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Marcos eager to file raps vs Chinese over cyanide fishing in Bajo de Masinloc

Marcos eager to file raps vs Chinese over cyanide fishing in Bajo de Masinloc.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024

Cebu Daily Newscast: Murder raps filed vs suspect in hit-and-run of basketball player

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, February 7, 2024. Murder raps filed vs suspect in hit-and-run of basketball player Police in Cebu City have filed today, February 8, a charge of murder against the suspect behind the fatal hit-and-run.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2024

‘Kababuyan!’: Sharon Cuneta backs Kiko Pangilinan’s cyber libel raps vs content creators

“Megastar” Sharon Cuneta shared her reaction to politician husband Francis “Kiko” Pangilinan’s filing of cyber libel to video bloggers or vloggers over alleged malicious videos......»»

Category: entertainmentSource:  philstarRelated NewsMar 13th, 2024

On Easter Sunday, grieving mother finds hope amid her sufferings

CEBU CITY, Philippines — Luisa Caballes, 65, watched as her youngest son drew his last breath and her husband taken to jail for a crime that caused their family so much pain. A long-time grudge for his misbehavior led her husband, Eugenio, to shoot 28-year-old Kenn Pondar in the head, which caused his immediate death. .....»»

Category: newsSource:  inquirerRelated NewsMar 31st, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

66 face raps for illegal recruitment to South Korea

The Department of Migrant Workers said at least 66 people were slapped with criminal complaints for their alleged involvement in an illegal recruitment scheme targeting “Seasonal Work Program” participants......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024