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Senior citizens in Cebu City to receive cash aid starting March 21
CEBU CITY, Philippines — Around 90,500 Cebu City senior citizens are eligible to receive their cash aid for the first quarter of 2024 starting March 21, according to the head of the agency overseeing the affairs of the city’s elders. OSCA Head, Lawyer Homer Cabaral, told CDN Digital in an interview on Thursday, March 14,.....»»
Recommendation for Older US Adults to Receive Additional COVID-19 Vaccine Shot
The Centers for Disease Control and Prevention (CDC) has recently recommended that older adults in the United States receive another COVID-19 shot, even if they.....»»
Tudela among 75 towns to receive P13.3M grant
Tudela among 75 towns to receive P13.3M grant.....»»
Basak Pardo fire victims receive family food packs, legal assistance
Basak Pardo fire victims receive family food packs, legal assistance.....»»
592 agrarian beneficiaries receive e-titles during BPSF launch in Leyte
A total of 592 agrarian reform beneficiaries (ARBs) from 21 Leyte towns and a city received their individual land titles as the Marcos administration launched simultaneously on Saturday, September 23, the Bagong Pilipinas Serbisyo Fair (BPSF) in four provinces in the country......»»
SM Investments buys 28.79% stake in CREIT for P5-B
SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»
Villar’s PREIT utilizes IPO proceeds for energy projects
Billionaire Manuel Villar Jr.’s Premiere Island Power REIT Corp. has used up all of the proceeds it obtained from its initial public offering to bankroll energy projects in Luzon......»»
SPMC-Mindanao Heart Institute needs building expansion, exec says
AN OFFICIAL from the Southern Philippines Medical Center (SPMC)-Mindanao Heart Institute said there is a need to expand the institute's buildings to cater to all patients from all over Mindanao......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Eastern Visayas farmers receive land titles
A 77-year-old farmer in Catbalogan City, Samar can finally claim as his own the agricultural lot he has been farming for over 32 years. .....»»
Citicore Renewable Energy IPO scheduled for May 31
Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»
CREIT income rises to P1.4 billion in 2023
Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»
PREIT finally declares Q3 divs
Premiere Island Power REIT declared a Q3/23 dividend of P0.0388/share, payable on March 12 to shareholders of record as of February 20......»»
Rockwell Land borrows P5 billion from BDO
Lopez-owned property developer Rockwell Land Corp. is beefing up its war chest to support its expansion......»»
Vista Land $2-B bond sale withdrawn due to lack of interest
Bilyonaryo reported that Manny Villar’s Vista Land and Lifescapes is walking away from its bond sale due to lack of investor demand......»»
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......»»
SRA orders sampling of canes, land due to Kanlaon eruption
SRA orders sampling of canes, land due to Kanlaon eruption.....»»
CNU requests 2.5 hectares of land at SRP for expansion
CNU requests 2.5 hectares of land at SRP for expansion.....»»
Tarlac residents get land titles from DENR
Tarlac residents get land titles from DENR.....»»
PBBM leads distribution of land titles to beneficiaries in Central Visayas
DUMAGUETE CITY – President Ferdinand Marcos Jr. spearheaded the distribution of land titles to more than 2,000 beneficiaries from different parts of Central Visayas on Monday, May 20. The Certificates of Land Ownership Award (CLOA) from the Department of Agrarian Reform (DAR), he said, would help improve the lives of the farmers who deserve it.....»»