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Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Le Meur redefines fresh French skin science
From its lavish waiting areas and treatment rooms to its state-of-the-art machines and latest innovations in skin care, Le Meur boasts of services that are designed to give the best results possible to their clients......»»
Song Kang, Kim Min Kyu show off buzz cuts, enter military service
Korean actors Song Kang and Kim Min-kyu officially began their mandatory military service for South Korea's army, but not without one more surprise for their fans......»»
The Eco-Friendly Guide to Energy-Efficient Appliances: Tips for a Greener Home
In recent years, environmental sustainability has become a central concern for many and the concept of socially conscious consumerism has gained considerable ground. More and more, individuals are seeking ways to live in harmony with the planet and make lifestyle choices that reduce their ecological footprint. This shift towards eco-awareness isn’t just about what they […].....»»
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......»»
To be a saint requires a miracle
On the Solemnity of All Saints, celebrated on November 1, we are reminded that we all are actually called to become saints for the simple reason that we are meant to be God’s image and likeness, sharers of his life and of his nature as God wants us to be......»»
Will Manny fight again?
There’s a lot of buzz in boxing circles about eight-division world champion Manny Pacquiao making a comeback in a serious fight, not an exhibition, and from what’s in the air, it appears that he’s not ruling out anything at the moment......»»
PlayStation 5 Pro CPU to Boost to 3.85 GHz With High CPU Frequency Mode and Utilize RDNA 4’s RT Engine
The highly anticipated PlayStation 5 Pro is generating buzz among gamers as new details about its specs have been revealed online. According to sources, the.....»»
Bloomberry open to selling Korean casino resort interests
Bloomberry [BLOOM 11.22 ?3.4%] [link] issued a clarification to a Biz Buzz article to say that it is “open to the possibility of selling its interest in Jeju Sun Hotel and Casino”, but that there is “no imminent deal with respect to [its] sale”......»»
Dreamscape head Deo Endrinal passes away at 60
Endrinal produced some of ABS-CBN's iconic shows such as 'FPJ's Ang Probinsyano,' 'The Buzz,' and 'Game Ka Na Ba?'.....»»
Why Laufey is selling out her every show
Who is Laufey and why is she selling out her every show? The question I have been getting a lot these days is “do you know Laufey?” Then, it is followed by “Do you know how I can get tickets to her show?” because tickets online to Laufey are already sold out......»»
Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»
Hello Apple Home Robots – The Daily Guardia
Apple, the tech giant known for its groundbreaking innovations in consumer electronics, is now reportedly delving into the world of household robotics. The company is.....»»
9 Pinoy inventions bag medals at Geneva expo
Nine Filipino inventions and innovations fielded by the Department of Science and Technology at the 49th International Exhibition of Inventions Geneva all bagged medals for the Philippines this year......»»
Tastesetters Victors Night celebrates innovations in the F& B industry, reveals food trends forecast
Tastesetters believes that food is a work of art, which is why they have chosen the famed Yuchengco Museum to be the setting of the event. By putting together complex flavors and intricate plating techniques, gastronomic masterpieces were created to surprise and delight the senses......»»
Government moves vs counterfeit pharma, healthcare products
The Intellectual Property Office of the Philippines has teamed up with the Pharmaceutical and Healthcare Association of the Philippines for an anti-counterfeiting drive and to promote healthcare innovations......»»
SC mulls use of AI translators, podcasts about cases
BAGUIO CITY, Philippines — Imagine adaptive algorithms translating courtroom exchanges from English to major Filipino dialects in real time for the benefit of litigants, or podcasts that explain the scope and impact of landmark decisions to average citizens. These are just samples of the technological and educational innovations that may soon be embraced by the.....»»
PS5 Pro leak, $100 Samsung deal, Sweet Baby Inc. controversy explained – The Daily Guardian
The tech world is abuzz with the latest news and updates from the recent California event that showcased upcoming gadgets and innovations. One of the.....»»
Super Tuscans in food and wine
We were recently invited to a wine-pairing dinner at Finestra at Solaire Resort featuring Banfi wines from Italy’s Tuscany region and the culinary innovations of executive chef Andrea Spagoni......»»