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Cebu Pacific wins accolades as among best low-cost, Safe Airlines

Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Cebu Pacific named among safest budget carriers globally

Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Cebu Pacific books P8 billion profit in 2023

Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

High rates dampen credit growth in 2023

he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Farmers, fishers demand immediate relief for El Niño impacts

“NFA should release the rice from warehouses and distribute it to farmers and fishermen who lost their income due to El Niño instead of making a profit and selling to private traders. Many are already complaining of hunger and loss, so the distribution of aid and compensation should be stepped up." The post Farmers, fishers demand immediate relief for El Niño impacts appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 5th, 2024

Demand for PCs softens last year

Issues on government procurement and a decline in corporate demand led to fewer orders for personal computers last year, a global IT market intelligence firm said......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Demand high for production workers

Demand high for production workers.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

Urbanization fuels high demand for furniture

Urbanization fuels high demand for furniture.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

OFWs drive demand for real property

OFWs drive demand for real property.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Intensified catch-up vaccination set to prevent Pertussis

THE Davao City Health Office announced on Thursday, April 4, that it is laying the groundwork, in partnership with barangays and stakeholders, for a periodic intensification of routine immunization for Pertussis and other vaccine preventable diseases in the last week of April......»»

Category: sportsSource:  abscbnRelated NewsApr 5th, 2024

Recommendation for Older US Adults to Receive Additional COVID-19 Vaccine Shot

The Centers for Disease Control and Prevention (CDC) has recently recommended that older adults in the United States receive another COVID-19 shot, even if they.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 3rd, 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

High demand to feed growth in broiler output

Local broiler production could grow by at least two percent to as much as 1.943 million metric tons this year on the back of growing demand as chicken meat remains an affordable commodity for Filipino households......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

T-bill rates ease as demand swells

Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Global oil demand to grow by 1.9 million bpd in 2024

LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Egg retail prices drop due to low demand

Egg traders are reeling from the decreasing farmgate and retail prices as well as from low demand for the poultry product, according to Gregorio San Diego, chairman of the United Broiler Raisers’ Association......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Breast cancer vaccine provides hope for local patient

Kristen Dahlgren, a former NBC News correspondent, has recently launched the Pink Eraser Project in an effort to accelerate the development of an innovative breast.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 19th, 2024

CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024