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Ports regulator posts record high revenue

The Philippine Ports Authority has posted a new all time high revenue in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

GSIS non-life insurance premiums hit record high P9.8 billion in 2023

State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Philippines debt hits record P14.6 trillion

The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Pinoy Aquaman sets new record in successful 10k open water swim in Capiz

CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine never ceases to amaze after setting a new personal record for conquering the 10-kilometer open water swim in the Capiz Sea on Sunday, March 17, 2024.  The 47-year-old Macarine bested his previous 10k open water swim in Masbate last year. From four hours and 22 minutes in.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

RLC posts record P12.1 billion profit in 2023

Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Philippine seeks to break Guinness record with pork dishes

A group of hog farmers will attempt to set a Guinness World Record for the most number of pork dishes on display, which will be served during the organization’s festival in Quezon City and Marikina from March 1 to 5......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Record Week for S& P 500: Live Updates on Stock Futures – The Daily Guardian

U.S. Stock Futures Flat as S&P 500 Breaks Records U.S. stock futures held steady on Sunday night, maintaining the momentum from a record-breaking week for.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 12th, 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

P4M ‘shabu’ seized from 2 men in San Remegio

MANDAUE CITY, Philippines – About 500 grams of illegal drugs, worth around P4 million, were confiscated from an alleged high-value individual and his companion from San Remegio town in northern Cebu. Suspects Leo Montealto, 45, considered a high-value individual by authorities, and Ritchel Banga-Banga, 33, were arrested in Sitio Bungtod, Barangay Calambua during a raid.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

PCO to launch Bagong Pilipinas digibox

As the Philippines switches from analog to digital terrestrial broadcasting this year, the Presidential Communications Office will launch the “Bagong Pilipinas” digibox to ease the transition for Filipinos who still have their analog televisions......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Tatum, Brown need to focus for Boston to win record 18th title

Tatum, Brown need to focus for Boston to win record 18th title.....»»

Category: newsSource:  inquirerRelated NewsJun 6th, 2024

IU serenades Philippine Uaenas in record-breaking concert

Five years since her last concert in the country, Korean superstar IU treated fans with her powerful vocals during her record-breaking concert in the Philippine Arena — but as proud Filipino songbirds, IU was also treated to a whopping 37,000 voices singing along with her......»»

Category: entertainmentSource:  philstarRelated NewsJun 3rd, 2024

Lost John Lennon guitar breaks Beatles auction record, sells for P167 million

A guitar that belonged to late singer-songwriter John Lennon, initially thought to be lost for half a century, broke the auction record for a guitar in Beatles history......»»

Category: entertainmentSource:  philstarRelated NewsMay 31st, 2024

East, Southeast Asia had record methamphetamine seizures last year

East, Southeast Asia had record methamphetamine seizures last year.....»»

Category: newsSource:  sunstarRelated NewsMay 29th, 2024

Pag-IBIG members save record P28 billion in 3 months

Member savings collections of the Home Development Mutual Fund, commonly known as Pag-IBIG, reached a record P28.75 billion in the first quarter, allowing the agency to finance the higher demand for home loans......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

DEA-Western Visayas destroys record-breaking drug haul worth P143.4 million in Iloilo City

DEA-Western Visayas destroys record-breaking drug haul worth P143.4 million in Iloilo City.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

‘Queen of Tears’ winasak ang record ng ‘CLOY’, tinalbugan din ang ‘Sky Castle’

CONFIRMED! Winasak ng hit South Korean series na “Queen of Tears” ang lahat ng record na naitala ng mga K-drama sa TvN Network. Ang serye ng mga Korean superstars na sina Kim Soo-hyun at Kim Ji-won ang itinuturing na ngayong “highest rated cable TV drama” sa Korean network na tvN. Tinalbugan na ng “Queen of.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Quiban fades with 75; Caitlin blows field with record 62

Justin Quiban slipped in moving day and tumbled down the leaderboard with a 75 even as John Caitlin continued to pound the field and the course, posting a course record nine-under 62 to all but clinch the Saudi Open crown......»»

Category: sportsSource:  philstarRelated NewsApr 20th, 2024