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IC collects over P500 million fees in 2023

The government collected more than P500 million in registration and supervision fees from insurance firms last year......»»

Category: financeSource: philstar philstarJan 28th, 2024

BuCor raises P.5 million for student feeding program

The Bureau of Corrections (BuCor) has raised P500,000 through a shoot fest to support a feeding program for over 100 severely underweight and malnourished students at Itaas Elementary School (IES) in Muntinlupa City......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Disney+ Loses 1.3 Million Subscribers After Price Hike

Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 8th, 2024

Unemployed Filipinos down to 1.6 million in December 2023 — PSA

National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Senior citizens, disabled among mujahideen to get allowance from BARMM

COTABATO CITY (MindaNews / 27 February)— An initial P500-million fund coming from the office of the chief minister will finance allowances for former Moro combatants who are already senior citizens or permanently disabled. This was after the Bangsamoro Parliament approved a measure to establish an office that will provide financial aid to Moro Islamic Liberation […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

None of big winners in PCSO’s Christmas, New Year lotto games bet on all combinations, says GM

Senator Koko Pimentel, however, vows to pursue the probe, saying it usually takes months before games with a jackpot prize of P500 million or more are won – unlike in these draws.....»»

Category: newsSource:  rapplerRelated NewsJan 25th, 2024

PPA awards P500 million contract for Sorsogon port renovation

The Philippine Ports Authority has issued the contract to renovate one of the most crucial ports in the nautical highway to a construction firm based in Davao City......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

PERA contributions hit P396 million in 2023

Voluntary retirement contributions rose by 20.3 percent to P396.309 million in 2023 from P329.548 million in 2022, driven by the increase in the number of participants, according to the Bangko Sentral ng Pilipinas......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023

The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»

Category: newsSource:  metrocebuRelated NewsMar 16th, 2024

Hong Kong records 34 mln visits in 2023 as tourism rebounds

HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Hong Kong records 34 mln visits in 2023 as tourism rebounds

HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»

Category: newsSource:  manilanewsRelated NewsJan 13th, 2024

NOW Telecom loses Supreme Court case

NOW Telecom once sued the NTC over the fees it set in the bidding process, but the Supreme Court says the guidelines 'were proper' to ensure that companies were financially and technically capable.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

Chinese actor nga si Lu Jingang nagpakilimos, mokita og P500k ang buwan

Kanhi Chinese actor nga nahimong makililimos sa Henan Province ang nabalita nga mokita kuno og sobra P500, 000 sa usa ka buwan. Siya si Lu Jingang nga mibiya sa iyang pagka aktor aron magpakilimos na lang tungod sa kadako sa iyang kita. Dose na ka tuig na sukad nga nagsugod sa pagpakilimos si Lu ug.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Hearings set on higher senior, PWD discounts

The government is set to hold public consultations this week on the rules for the plan to raise the monthly discount cap on basic necessities and prime commodities for senior citizens and persons with disabilities (PWDs) to P500, according to the Department of Trade and Industry (DTI)......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

P500K reward offered for arrest Cotabato City disaster unit chief s killers

The mayor here has offered a P500,000 reward for any information leading to the arrest of the  killers of the operations chief of the Cotabato City Disaster Risk Reduction and Management Office, who died in an ambush along a busy thoroughfare here last week......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Moalboal inter-town hoopla unfolds on March 9

CEBU CITY, Philippines— The Municipality of Moalboal will once again roll out the red carpet for sports as the cash-rich 2nd Mayor Inocentes Cabaron Invitational Inter-town tournament unfolds on March 9 at the town’s sports complex. A dozen teams will compete for a whopping P500,000 worth of cash prizes in this annual cage fest. For.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Discount ng senior citizens, PWDs sa ‘grocery’ tataas na ng P500 kada buwan

MAY good news sa lahat ng senior citizens at mga persons with disability (PWD)! Mas malaki na ang makukuha niyong “discount” sa pagbili ng grocery items katulad ng bigas, itlog, tinapay, at marami pang iba. Kung dati, ang weekly grocery discount ay may cap na P65, ngayon ay tataas na ito ng P125! Ibig sabihin,.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Chelsea inispluk ang ‘expenses’ sa pageants: Gumastos siguro ako ng P500,000

MAHIGIT sa kalahating milyon pala o higit pa ang nagagastos ng isang kandidata sa beauty pageant at sa national pa ‘yun, iba pa pag international pageant na. Ito ang nalaman namin kay Binibining Pilipinas Globe 2022 Chelsea Fernandez nang makakuwentuhan namin siya bilang special guest sa pagbubukas ng “Hey Pretty Aesthetic Center” in SM Sta......»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024