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Marcos backs legalization of motorcycle taxis
President Marcos has expressed support for the legalization of motorcycle taxis and easing transportation network vehicle service regulations, saying the policies will provide more choices to passengers, drivers and businesses......»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Gov’t readies new discount guidelines for seniors, PWDs
The national government is crafting new guidelines to expand the monthly discount cap on grocery items and prime commodities for senior citizens and persons with disabilities (PWDs). Cherryl Carbonell, officer in charge of the Department of Trade and Industry’s (DTI) Consumer Policy and Advocacy Bureau, said on Saturday what they have now was an initial.....»»
Plaza Independencia: Rama plans to rubberize park, make more family-friendly
CEBU CITY, Philippines — Cebu City Mayor Michael Rama plans to make Plaza Independencia more family friendly as he envisions more changes to make this dream a reality. These included having the inside of the Plaza Independencia being rubberized, having more plants inside to make it also more environment-friendly and to have facilities for families.....»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
US CPI for December slightly hotter than expected
The data for the US Consumer Price Index in December showed that prices increased 3.4% y/y, which was higher than the November CPI result (3.1% y/y) and (more importantly) higher than the consensus expectations in the market of a 3.2% y/y increase......»»
GPS 2024: Investing in reliable public transport
Transport Minister Simeon Brown has confirmed targeted investment of more than $2 billion over the next three years for public transport projects and services, as part of the draft Government Policy Statement (GPS) on Land Transport. "Delivering reliable, effective, and efficient public transport is a priority for the Coalition Government. The draft GPS commits up to $2.3 billion for.....»»
Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people
Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»
Dianne Medina, Rodjun Cruz magkaka-baby No. 2 na: ‘6 months pregnant!’
MAY good news ang mag-asawang Dianne Medina at Rodjun Cruz ngayong Easter Sunday! Masayang ibinandera ng mag-asawa sa social media na magkakaroon na sila ng second baby. Sa Instagram, makikita ang baby bump ni Dianne, habang hawak naman ni Rodjun ang ultrasound result ng misis. “Easter is all about celebration of New Life,” saad sa.....»»
Travel agencies group warns about cheap, illegal operators
The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»
More Pinoys eye new loans this year
Eight in every 10 Filipinos saw more accessible credit options last year, with more than 50 percent of them eyeing to take new loans this year......»»
LTO-7 opens new licensing office in Brgy. Talamban
CEBU CITY, Philippines — The Land Transportation Office in Central Visayas (LTO-7) has found a new place that they could call home for now. On Tuesday, April 23, LTO-7 formally opened its new licensing office at Piazza Elesia along Gov. M. Cuenco Ave. in Brgy. Talamban in Cebu City. Public transactions will now be accommodated.....»»
Kaspersky Suggests to Add Sorting Your Digital Clutter to Your New Year’s Resolutions
This new year, you could have resolved to quit a vice, learn something new, manage your finances better, and maybe check a couple off your bucket list of places to visit. Cybersecurity company Kaspersky suggests adding another practical and smart resolution to your 2024 list: to protect your precious data by clearing your digital clutter! […].....»»
DFA probes ‘illegal’ activities by diplomats
“The Department of Foreign Affairs will look into any reports of illegal and unlawful activities by diplomatic officials, and undertake necessary action in line with existing laws and regulations,” the DFA said. .....»»
New Rules Launched by CDC to Prevent Rabies in Bringing Dogs into the US
New regulations aimed at preventing the spread of canine rabies will be implemented in August for dogs entering the United States. These rules will apply.....»»
India’s biggest port operator eyes Bataan for expansion
India’s largest commercial port operator is eyeing to expand its operations in the Philippines, citing the country’s “stable” regulations and business environment under President Marcos......»»
CSC strengthens government workers’ right to organize
The Civil Service Commission has strengthened the policy on government workers’ right to organize as it launched the consolidated rules and regulations on conciliation services, the effectivity of collective negotiation agreements and recognition of national employees’ organizations......»»
CA ruling vs Bt eggplant, golden rice propagation hit
The judiciary should not overstep its authority on genetically modified organisms or GMOs as regulations on biotechnology must be left to scientists and pertinent regulators, according to a member of the Monetary Board of the Bangko Sentral ng Pilipinas......»»
Health aging ordinance awaiting IRR
THE Health Aging Ordinance of Davao City is now awaiting the completion of its implementing rules and regulations (IRR) to begin its enforcement, Davao City Second District Councilor Richlyn N. Justol-Baguilod, chairperson of the committee on health, revealed this during the Aprobado sa Konseho at the Sangguniang Panlungsod on Tuesday, April 16, 2024......»»