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Government eyes P30 billion from 30th RTB issue
The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»
Milk tariff collections rise by 31% to P2.4 billion
Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at least eight years, from P1.8 billion in 2022......»»
PSE has until 2025 to spend money it raised in 2018
The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»
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......»»
Lungon ni Dingdong Dantes sa ‘Rewind’ gipalit ni Boss Toyo ug P250k
Gipalit sa negosyante ug social media personality nga si Boss Toyo ang lungon nga gigamit ni Dingdong Dantes sa pelikula nga ‘Rewind’ ug gibayaran niya kini og P250, 000. Sa latest episode sa iyang vlog nga “Pinoy Pawnstars” nga iyang gi-post niadtong Pebrero 16, gipakita ni Boss Toyo nga gidala sa tag-iya sa punerarya nga.....»»
Dingdong Dantes Rewind coffin sold for P250,000
Content creator-musician Boss Toyo purchased the coffin used by Dingdong Dantes in the movie "Rewind" for a quarter of a million pesos......»»
Dingdong Dantes sa naibentang kabaong niya: Medyo comfy siya
NAG-REACT ang Kapuso Primetime King na si Dingdong Dantes sa balitang naibenta sa halagang P250,000 ang kabaong na gamit niya sa pelikulang “Rewind”. Matatandaang bumida sila ng asawang si Marian Rivera sa naturang 2023 Metro Manila Film Festival na talagang pumalo sa takilya kaya naman hindi kataka-takang ito na ang highest grossing film of all.....»»
‘Kabaong’ ni Dingdong Dantes binili ni Boss Toyo ng P250k
BINILI ng social media personality na si Boss Toyo ang kabaong na ginamit ni Dingdong Dantes sa pelikulang “Rewind” sa halagang P250,000. Sa latest episode ng kanyang vlog na “Pinoy Pawnstars” na ipinalabas ngayong araw, February 16, dinala ng owner ng punerarya na St. Athanustus Memorial Chapel na si Pasky Ilagan ang naturang casket sa.....»»
Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
CPG raises P2 billion from share offer
Century Properties raised P2 billion from the listing of its Series B preferred shares on the Philippine Stock Exchange......»»
Filinvest raises P10 billion from new bond offer
Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»
BDO raises record P63 billion from bond offer
BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»
PSE stays hopeful on targets despite market slowdown
The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»
Tsunami warning raised for 4 northern Luzon areas following Taiwan quake
The Philippine Institute of Volcanology and Seismology has raised a tsunami warning over four areas in northern Luzon after a powerful earthquake rattled Taiwan early Wednesday morning......»»
Illegal road works?: Alarm raised over road development within watershed areas in Barangay Carmen
A DAVAO City Councilor has raised concerns regarding road construction within the watershed areas of Barangay Carmen, Baguio District......»»
Rama-Garcia tandem met with ‘raised eyebrows’
Rama-Garcia tandem met with ‘raised eyebrows’.....»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
Metrobank raises record $1 billion from international bond market
Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»
Treasury raises P60 billion from T-bonds in February
The government raised P60 billion in long-term securities this month, short of target, as the Bureau of the Treasury focused on the retail treasury bonds......»»
Treasury raises P120 billion from T-bonds
The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»