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3 TLRC execs get 26 years for ‘pork’ scam
The Sandiganbayan yesterday sentenced three ranking officials of the abolished state firm Technology and Livelihood Resource Center to serve up to 26 years in prison for graft and malversation of public funds in connection with their involvement in the “pork barrel” fund scam......»»
Thai man faces a record 50 years in jail for royal insult
Thailand's lese majeste law, one of the strictest in the world, protects the palace from criticism and carries a jail sentence of up to 15 years for each perceived violation.....»»
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......»»
5 Practical Steps to Balance Money for a Well-Rounded Life
Trying to save money is good for you financially but sometimes we can be overly frugal, and it can be bad for you too. Saving is not just about pinching pennies — it’s about finding the right balance that lets you enjoy your life without hurting your saving habits. Giving yourself a break from time […].....»»
17 years since the disappearance of Jonas Burgos, activists continue to be abducted
Human rights groups and families of victims of enforced disappearances held a “Sunset Gathering” at Bantayog ng mga Bayani to symbolize their continuing search for truth and justice. The post 17 years since the disappearance of Jonas Burgos, activists continue to be abducted appeared first on Bulatlat......»»
Sam Bankman-Fried sentenced to 25 years in prison for power-obsessed scamming
Manhattan Judge Sentences Sam Bankman-Fried to 25 Years in $8 Billion Scam In a shocking turn of events, Manhattan judge has sentenced Sam Bankman-Fried to.....»»
The Daily Guardian: Windows feature left unupdated for 30 years
Microsoft’s Windows 11 still features a dialog box that was created almost 30 years ago, revealing the fascinating story behind its origin. Dave Plummer, a.....»»
Climate shocks on inflation can last up to 4 years – BSP
Climate-related inflation shocks may be felt for up to four years, causing a pronounced hike in headline inflation, a study by the Bangko Sentral ng Pilipinas Research Academy showed......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
MRT-3 concession period seen at shorter 10-15 years
The next operator of the Metro Rail Transit Line 3 could end up with a shorter term of at least 10 years, as its role will be limited to managing the railway as the government pays for the cost of its rehabilitation......»»
3 ex-NABCOR officials get 8 years for graft
The Sandiganbayan has sentenced three officials of the now defunct state firm National Agribusiness Corp. (NABCOR) to up to eight years in prison over the allegedly anomalous procurement of P95.5 million worth of post-harvest facilities and equipment in 2007 to 2008......»»
Jemboy mom: ‘Cop will only be jailed for years, but my son is gone forever’
The police suspects in the killing of Jemboy Baltazar all received lighter penalties. The sanctions range from acquittal to imprisonment of up to six years......»»
Nestle, Danone see price hikes slowing after years of sharp increases
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»
The only remaining possible solution to the Palestine problem
Statespersons advised by experts started the Palestine Problem 110 years ago, and for 75 years statespersons and experts have tried to solve it, but have failed miserably......»»
20 years later, Sugarfree’s ‘Dramachine’ is still the soundtrack of young Pinoys’ lives
After 20 years, the impact of 'Dramachine' continues to grow, drawing in newer generations in the process to make for a timeless record.....»»
37 years since Mendiola Massacre, violence against farmers continues
“There is still no justice up until today. There is still no genuine land reform. Landlessness remains a fundamental problem for our Filipino farmers and no program addresses these problems." The post 37 years since Mendiola Massacre, violence against farmers continues appeared first on Bulatlat......»»
Jolo Revilla, Angelica Alita may baby na makalipas ang 5 years na pagsasama
MAY baby na ang mag-asawang Angelica Alita at Jolo Revilla! Ang masayang balita, ibinandera mismo ng politician-actor sa social media. Ramdam ang saya at tuwa ng mag-asawa dahil after five years mula nang ikinasal sila ay finally may panganay na anak na sila. “Today is a very special day for us,” sey ni Jolo sa.....»»
Naga : 2 men, who allegedly abducted, molested 2 minor sisters, nabbed
CEBU CITY, Philippines — Two young men, whose ages are 18 years old and 19 years old, were arrested for allegedly abducting and molesting two minors a 14-year-old girl and her 11-year-old sister. These happened in Barangay South Poblacion in the City of Naga in southern Cebu on Tuesday afternoon, January 23. READ: Drunk.....»»
Cebu Daily Newscast: Naga : 2 men, who allegedly abducted, molested 2 minor sisters, nabbed
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, January 24, 2024. Naga : 2 men, who allegedly abducted, molested 2 minor sisters, nabbed Two young men, whose ages are 18 years old and 19 years old, were arrested for allegedly abducting.....»»
China’s first-ever rhesus monkey clone survives three years
China’s first cloned rhesus monkey lived for over two years, marking the longest-living rhesus macaque. In contrast, previous cloning attempts yielded specimens with no live births or with offspring dying within hours. The Chinese Academy of Sciences announced that the Retro monkey is healthy and growing stronger daily. Most think of white lab rats when.....»»