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Investors reconsider May rate cut expectations amid robust US inflation figures
Title: “Exclusive Offer: Subscribe to the FT Print Edition for Only $199 and Gain Access to Unparalleled Expertise” In today’s fast-paced digital age, where news.....»»
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......»»
Suspension of PhilHealth contributions sought for minimum wage earners
An economist-lawmaker from the House of Representatives has proposed to suspend the Philippine Health Insurance Corp. premium contributions of all minimum wage earners to increase their take-home pay......»»
Solon wants to pause PhilHealth contributions for minimum wage earners
A lawmaker is seeking a temporary suspension of the PhilHealth premium contributions for minimum wage earners to utilize the unspent funds of the state insurer to subsidize the premiums of low-income individuals......»»
Sandigan junks forfeiture vs Marcos crony-owned telco
The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»
Steniel cleared for open trading after 18-year suspension
Steniel Manufacturing had its suspension lifted by the PSE and will resume trading this morning after an 18-year absence from the market......»»
Trading suspension on Steniel lifted
The Philippine Stock Exchange has lifted Steniel Manufacturing Corp.’s nearly two-decade long trading suspension......»»
Rising heat prompts more Metro Manila LGUs to suspend in-person classes
MANILA, Philippines — The scorching heat has prompted more local government units in Metro Manila from announcing the suspension of in-person school classes on Wednesday, April 24. The suspension of face-to-face classes and the shift to online or asynchronous mode for April 24 have been announced by the following cities in separate advisories: READ MORE:.....»»
Fish import suspension bodes well for aquaculture
The suspension of the importation of certain pelagic fishes to avert diversion of stocks to wet markets would allow the local aquaculture industry to grow, fish cage operators said......»»
Davao Norte Governor Jubahib defies suspension order
DAVAO CITY, Philippines – Davao del Norte Governor Edwin Jubahib defies a suspension order issued to him by Malacañang over........»»
PBBM: Gov. Jubahib suspension order followed due process
PRESIDENT Ferdinand “Bongbong” Marcos Jr. emphasized that the suspension order issued to Davao del Norte Governor Edwin Jubahib followed due process......»»
Davao del Norte gov’s suspension followed due process – Marcos
The suspension of Davao del Norte Gov. Edwin Jubahib underwent proper procedures, President Marcos has assured the public......»»
Duterte slams Palace suspension of Davao Norte governor
Former president Rodrigo Duterte has cried foul over the suspension of Davao del Norte Gov. Edwin Jubahib......»»
Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions
Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions.....»»
‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2
‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2.....»»
Hontiveros: Suspension of anchormen ‘not enough’
Hontiveros: Suspension of anchormen ‘not enough’.....»»
Mike files case vs. Gwen, seeks her suspension
Mike files case vs. Gwen, seeks her suspension.....»»
‘Mentally down’: Dongallo shakes off Yee suspension, focuses on improving UE fortunes
Wearing a wristband to show support for her embattled coach, UE super rookie Casiey Dongallo hopes to regain her mental focus after the UAAP's stunning season-long suspension of Jerry Yee.....»»
SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
SMNI appeals Indefinite suspension
Lawyers of Sonshine Media Network International filed a motion for reconsideration yesterday asking the National Telecommunications Commission to reverse its decision to impose an indefinite suspension on the operation of the media network......»»