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SEC moves to help Philippines exit from FATF gray list

The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

EDITORIAL Stuck in the gray list

While moving heaven and Earth to amend the Constitution ostensibly to attract more foreign investments, the government is taking its sweet time getting out of the so-called gray list of jurisdictions under increased monitoring for money laundering and counterterrorist financing......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

Philippines remains on FATF gray list

The Philippines failed anew to exit the gray list or list of jurisdictions under increased monitoring after falling short in addressing the remaining concerns on its anti-money laundering and counter-terrorist financing regime, according to global dirty money watchdog Financial Action Task Force......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Ex-Pres Duterte: “Absolutely nothing wrong with 1987 Constitution” 

DAVAO CITY (MindaNews / 10 January) –   Former President Rodrigo Duterte sees no reason why the 1987 Constitution should be changed because “we have a good Constitution. I find it in perfect condition. There is absolutely nothing wrong with it,” he said. He told reporters on Saturday night that he is not for amending the Constitution […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Sara Duterte to Liza Marcos- Your feelings have nothing to do with my duties as VP - Rappler

Sara Duterte to Liza Marcos: Your feelings have nothing to do with my duties as VP Rappler.....»»

Category: newsSource:  manilanewsRelated NewsMay 2nd, 2024

LWUA ‘has nothing to do’ with rift between Daluz-led MCWD, Rama’s Cebu City Hall

LWUA ‘has nothing to do’ with rift between Daluz-led MCWD, Rama’s Cebu City Hall.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Capitol: Nothing would be destroyed in building new provincial government center in Balamban

Capitol: Nothing would be destroyed in building new provincial government center in Balamban.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Nothing wrong with owning semi-automatic rifles – Robin

Gun enthusiast Sen. Robinhood Padilla sees nothing wrong with the revised Philippine National Police regulations on the firearms law, which allowed citizens to own 7.62 mm semi-automatic rifles......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

‘Nothing illegal in implementation of traffic ordinances’

‘Nothing illegal in implementation of traffic ordinances’.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

All over but shouting for Del Monte seniors

There’s nothing left for Del Monte to do but play its celebratory round today and formalize its coming – finally – as a Championship division winner in the Philippine Airlines Seniors Interclub tournament......»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

Senators praise Comelec for suspending people’s initiative proceedings

MANILA, Philippines —  Senators rejoiced at the decision of the Commission on Elections (Comelec) to suspend all proceedings related to a people’s initiative aimed at amending the 1987 Constitution, saying that it is nothing but a victory for the Filipino people. Senate Majority Leader Joel Villanueva, in a statement, said the Philippine government has finally.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Japan’s top women’s 3x3 player all praises for Manila Hustle hosting

World No. 25 3x3 player Aoi Katsura had nothing but good words after her second tournament in the Philippines as she led the Zoos Tokyo to the crown in Manila Hustle 3x3 Season 2 over the weekend......»»

Category: sportsSource:  philstarRelated NewsFeb 16th, 2024

Kumbati 16: All set for Araneta, Magramo world title eliminator duel

CEBU CITY, Philippines—– Expect nothing but fireworks and a top-notch main event bout of the “Kumbati 16” after Omega Boxing Gym’s Christian “The Bomb” Araneta and Elorde Boxing Gym’s Arvin “Hurricane” Magramo passed the official weigh-in on Thursday, January 25, 2024, at the Axis Bar of the NUSTAR Resort and Casino. Magramo and Araneta both.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

Three economic scenarios

Summer’s just around the corner and it’s increasingly becoming scorchingly hot as if we’re all burning with high fever; but this sweltering heat is nothing compared to tensions in politics that we’ve been seeing over the past several months......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

‘Balikatan’ warships stalked by China vessel

MANILA, Philippines — The multilateral Maritian exercises (MME) being conducted off Palawan as part of this year’s “Balikatan” (shoulder-to-shoulder) war games apparently continued to be tracked by another Chinese gray ship which was spotted on Sunday morning. The presence of People’s Liberation Army Navy vessels near the exercise area has not bothered the Armed Forces.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Shift in news coverage of West Philippine Sea needed

THERE ARE no signs to indicate that China will put a halt to its bullying tactics in the West Philippine Sea (WPS). They will keep up the gray zone tactics-tailing and shadowing Filipino vessels, using blinding lasers, and firing water cannons at vessels on supply missions to troops based on the carrying supplies to the grounded Philippine BRP Sierra Madre, which the Philippines maintains as its outpost in Ayungin Shoa.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 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

Food cart program gives hope to reformed drug suspects

After spending six months in jail for drug offense, and another six months for counseling and rehabilitation, 46-year-old Jessie Morales was left homeless by a fire that hit his neighborhood in Tondo last month, leaving him with nothing but more anguish......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa

CEBU CITY, Philippines— The Department of Education (DepEd) anticipates nothing short of a ‘world-class’ hosting from Cebu City for the upcoming 2024 Palarong Pambansa. Dr. Francis Cesar Bringas, DepEd Assistant Secretary for Field Operations, expressed this expectation during the signing of the memorandum of agreement between Vice President and DepEd Secretary Sara Z. Duterte and.....»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

Daily Gospel, February 1

This is the Daily Gospel for today, February 1, 2024, Thursday of the Fourth week in Ordinary Time. Holy Gospel of Jesus Christ according to Saint Mark 6,7-13. Jesus summoned the Twelve and began to send them out two by two and gave them authority over unclean spirits. He instructed them to take nothing for.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024