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SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

'Sherep: Osang patitikimin ng paksiw na bangus belly, tapang usa si Piolo

KARARATING pa lang ng Baguio City ni Rosanna Roces kahapon para sa 2nd cycle lock-in shoot ng seryeng “Pamilya Sagrado” ay ang pagluluto na agad ang inasikaso niya. Ipinagluto raw kasi niya ang lead actor ng naturang Kapamilya series na si Piolo Pascual. Ipinost ni Osang ang niluto niyang ulam para sa aktor ngayong araw......»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

NU, Adamson collide

Title contenders National U and Adamson lock horns in a marquee duel while winless Ateneo and the University of the Philippines collide in the UAAP Season 86 women’s volleyball at the Smart-Araneta Coliseum......»»

Category: sportsSource:  philstarRelated NewsFeb 27th, 2024

Survival or advancement? De Lima, Tafa lock horns in UFC 298

There are two questions being asked when heavyweights Marcos Rogerio de Lima and Justin Tafa collide in UFC 298 on Sunday, February 18, at the Honda Center in Arizona......»»

Category: sportsSource:  philstarRelated NewsFeb 15th, 2024

Cesafi Volleyball: Old rivals, USPF, USC lock horns in women’s finals

CEBU CITY, Philippines — The University of Southern Philippines Foundation (USPF) Lady Panthers and the University of San Carlos (USC) Lady Warriors renewed their volleyball rivalry as they forged a championship match in the Cebu Schools Athletic Foundation, Inc. (Cesafi) women’s volleyball tournament. USPF and USC defeated their respective foes in their Cesafi games on.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 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

Bucana fire damages house and 3 establishments

DAVAO CITY (MindaNews / 18 February) – One house and three establishments were destroyed by fire in Barangay 76-A Bucana Davao City at 3:30 a.m. on Sunday. Capt. Hazel Tuazon, spokesperson for Davao City Police Office (DCPO), said the fire started from the two-story house of Michelle Bolos, a 43-year-old businesswoman, and immediately spread to adjacent establishments. […].....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 20th, 2024

Mandaluyong launches single ticketing system

Mandaluyong is the latest local government unit in the National Capital Region to implement the single ticketing system traffic policy of the Metropolitan Manila Development Authority......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

‘More teachers, non-teaching personnel needed’

More teachers and non-teaching personnel need to be hired to effectively implement the Department of Education new policy that removes public school teachers’ administrative tasks, according to the Teachers’ Dignity Coalition......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

House OKs bill revoking franchise of SMNI on final reading

The House Bill which seek to revoke the franchise of Sonshine Media Network International has received 284 yes notes from the members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Van plows into house in Philippines, killing 1, injuring 4

MANILA, March 15 (Xinhua) -- A delivery van plowed into a house along a highway in Quezon province of the Philippines, southeast of Manila, on Friday morning, killing the driver and injuring four others, police said. Police said the freight forwarder closed van truck was traveling to Unisan town from Manila when it crashed into a roadside house around 6 a.m. local time, killing the driver on the spot. A r.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Philippines to take cue from Fed policy

Ahead of the policy meeting next week, the Bangko Sentral ng Pilipinas is likely to follow the steps of the US Federal Reserve as to when high borrowing costs can finally take a breather......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

UK Labour’s foreign policy pitch maintains strong support for Ukraine

Labour's foreign policy chief David Lammy will reiterate Labour's desire for a new British-EU security pact.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024

Earthquake summit highlights engineering solutions, stricter policy implementation

A recent earthquake summit, organized by the Office of Civil Defense, highlighted the need for enhanced coordination mechanisms, engineering solutions alongside maximum utilization of available technologies and stricter policy implementation to strengthen the country’s preparedness......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Japan policy paper to focus on US, Philippines to counter China

Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Women shaping Philippine monetary policy

Women have made significant strides as leaders in the Philippine financial services industry even as challenges continue to persist. At the helm are two distinguished female members of the Monetary Board (MB) – the policy-setting body of the Bangko Sentral ng Pilipinas (BSP) –both of whom are breaking the bias for women in finance......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Japan policy paper to focus on US, Philippines to counter China

Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»

Category: newsSource:  manilanewsRelated NewsMar 24th, 2024

‘Policy on 20 percent use of Chocolate Hills illegal’

As the controversy over the Chocolate Hills continues to rage, an environmental watchdog has joined the fray, describing as unlawful the policy of the Department on Environment and Natural Resources-Protected Area Management Board that allows the use of 20 percent of the hills for development......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

Idis unveils zero-waste policy wishlist to Davao City gov t

DAVAO City-based environmental group Interfacing Development Interventions for Sustainability (Idis) has presented a comprehensive zero-waste policy wishlist to the City Government of Davao......»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

More mayors back ‘no registration, no travel policy’

More mayors have signified support for the “no registration, no travel” policy of the Land Transportation Authority, which seeks to register all motor vehicles across the country, LTO chief Vigor Mendoza II said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024