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Fitch sees Philippine economy growing by 6.4% in 2024

“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Remains of 2 Filipino seafarers still in cargo vessel — Cacdac

MANILA, Philippines — The remains of the two Filipino seafarers who died from the missile strike in the Gulf of Aden were left in the ill-fated carrier vessel True Confidence, Migrant Workers Officer-in-Charge Hans Leo Cacdac said on Friday. Cacdac, in a radio interview, said True Confidence caught fire after the deadly Houthi missile strike. “Yung labi.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

McLaren s Bustamante oozing with confidence ahead of F1 Academy season

Filipina racer Bianca Bustamante says her confidence is at an all-time high ahead of her second season in the F1 Academy with McLaren supporting her all the way this opening weekend at Jeddah, Saudi Arabia......»»

Category: sportsSource:  philstarRelated NewsMar 7th, 2024

Pops inatake ng depresyon, nawalan ng confidence: Hirap akong kumanta

INATAKE rin ng matinding depresyon ang Original Concert Queen na si Pops Fernandez nang mawalan ng confidence sa pagiging singer. Yan ang naging rebelasyon ng singer-actress noong panahong nawala siya pansamantala sa mundo ng showbiz. Sa panayam ng “Fast Talk with Boy Abunda” kamakailan, inamin ni Pops na totoong nawalan siya ng kumpiyansa sa sarili.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

‘No reason for pork price surge in Visayas, Mindanao’

There is no reason for the spike in retail prices of pork in the Visayas and Mindanao, as the prevailing live weight cost is only P180 per kilo, farmers’ group Samahang Industriya ng Agrikultura said over the weekend......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

US: No reason for China to overreact to drills

There is no reason for China to overreact to the joint maritime patrol conducted by Manila, Washington, Tokyo and Canberra in the South China Sea as the activity is in line with freedom of navigation and international law, a White House official said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 12th, 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

Rama reconsiders, unites with councilors for 2025 midterm elections

CEBU CITY, Philippines – Despite previously expressing doubts about his confidence in some incumbent councilors due to their cooperation with his vision, City Mayor Michael Rama appears to have reconsidered his stance. He recently announced that these councilors would still be part of his alliance for the 2025 midterm elections. READ: Rama: 2025 election candidates.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Travel with Confidence: Why Quality Travel Gear is a Great Investment

Have you ever left the house for a getaway and found yourself wondering, ‘Did I turn off the lights or appliances? Did I lock the doors and windows?’ These kinds of situations can haunt you during your travels, making for an uncomfortable experience. Traveling worry-free is essential, and ensuring everything is in order before you […].....»»

Category: newsSource:  metrocebuRelated NewsMar 22nd, 2024

Al-ag proposes to repeal ordinance requiring delivery riders biz permits

Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Philippine wrestling chief confident of return to Olympics

Wrestling of the Philippines (WAP) president Alvin Aguilar has expressed confidence that the reforms implemented in the association will result in unwavering success for Pinoy wrestlers, including a return to the Olympics......»»

Category: sportsSource:  philstarRelated NewsMar 22nd, 2024

ICTSI Palos Verdes golf tilt: Go, Ramos sizzle with 67s for opening-day lead

Under the scorching midday sun, Lloyd Go teed off with confidence, carding a solid five-under 67 in challenging, breezy conditions to catch Sean Ramos at the helm, one stroke ahead of Ira Alido at the start of the ICTSI Palos Verdes Championship......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Malaysian Chamber eyes Davao’s logistics hub potential

THE Malaysia Chamber of Commerce and Industries Philippines, Inc. (MCCI) foresees strong business confidence for investing in Davao City, positioning it as a potential world-class logistics hub competing with leading regions in Southeast Asia such as Singapore, Macau, and Kuala Lumpur in Malaysia......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

5 common mole superstitions that will make your life prosperous

CEBU CITY, Philippines — We all have moles in the different parts of our bodies from the top of our heads to the soles of our feet, and most of the time we get more self-confidence with these moles for making us feel beautiful and unique. Some moles are small, there are also huge moles.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Metro Pacific doubles net earnings in 2023

Pangilinan-led conglomerate Metro Pacific Investments Corp. is investing P140 billion for capital expenditures in its first full year as a private company, picking up confidence from its performance in 2023......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

A matter of confidence

We have been talking about attracting foreign direct investments for the longest time. It is used to justify BBM’s globe-trotting......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Araneta: Experience and Donaire’s help key to winning world title eliminator bout

CEBU CITY, Philippines — Omega Boxing Gym’s banner boxer, Christian “The Bomb” Araneta, is full of confidence heading into his third world title eliminator fight.  The 28-year-old Cebuano knockout artist will trade leathers with Arvin “Hurricane” Magramo for the International Boxing Federation (IBF) world junior flyweight world title eliminator on January 26 at the Nustar.....»»

Category: newsSource:  inquirerRelated NewsJan 13th, 2024

Simone Biles expresses gratitude to Packers fans and discusses Chicago as new home

Gymnastics superstar Simone Biles, known for her breathtaking routines and record-breaking achievements, recently made headlines for a different reason – her ties to the NFL......»»

Category: newsSource:  thedailyguardianRelated NewsMar 14th, 2024

Rama calls for removal of CBRT manager Imbong amid ‘crisis’

CEBU CITY, Philippines – Cebu City Mayor Michael Rama wants the project manager of the Cebu Rapid Bus Transit to be removed from his position, citing mismanagement as the reason for the replacement. “I have enough of Imbong,” said Rama, who was referring to CBRT Project Manager Norvin Imbong and that he was recommending to.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Draymond Green suspensions reason for Team USA omission

Team USA says the non-inclusion of Draymond Green in the Olympic roster may be better for the two-time gold medalist, who’s ‘working through some things both on and off the court’.....»»

Category: newsSource:  rapplerRelated NewsJan 25th, 2024