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PSE has until 2025 to spend money it raised in 2018

The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

BCU Partners with GVS, C& E P.H.I., and WCCI for Community Outreach

by Genevieve Balance KupangA literary event at the Bagnen Elementary School and Gotang Primary School in Bauki, Mountain Province demonstrated Baguio Central University's (BCU) and partner organization's steadfast commitment to Community Extension Services (CES) and the promotion of literacy beyond its campuses. Several key departments including the Gra.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 5th, 2024

BCU Partners with GVS, C& E P.H.I., and WCCI for Community Outreach

by Genevieve Balance KupangA literary event at the Bagnen Elementary School and Gotang Primary School in Bauki, Mountain Province demonstrated Baguio Central University's (BCU) and partner organization's steadfast commitment to Community Extension Services (CES) and the promotion of literacy beyond its campuses. Several key departments including the Gra.....»»

Category: newsSource:  manilanewsRelated NewsFeb 4th, 2024

All PUVs allowed to renew registration – LTO

The Land Transportation Office said that all public utility vehicles would be allowed to renew their registration amid the consolidation deadline extension ordered by President Marcos......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

Hamilton moving to Ferrari in 2025

Lewis Hamilton shocked the motorsports world Thursday when the seven-time Formula One champion said he will leave Mercedes at the end of the season to join Ferrari, which had tried to land Hamilton before he signed his latest contract extension with the Silver Arrows......»»

Category: sportsSource:  philstarRelated NewsFeb 2nd, 2024

P53.2-M earmarked for MSSD-BARMM extension services

The social welfare ministry of the Bangsamoro region has released additional P53.2 million grants in separate tranches to its partner entities engaged in humanitarian projects benefiting marginalized residents of the autonomous region. .....»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

How ‘final extension’ of PUV consolidation affects jeepney operators, commuters

Until April 30, jeepney and UV Express operators may still join an existing cooperative or corporation, or form their own. But the option to keep their individual franchise is off the table......»»

Category: newsSource:  rapplerRelated NewsJan 25th, 2024

Partial victory in fight vs PUVMP won through collective action, says PISTON

Groups welcomed the government's three-month extension for public utility vehicle (PUV) consolidation, but said that it's still a long way to go before the repeal of the "corporate-driven" phase-out and modernization program......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Marcos Jr. extends PUVMP deadline by 3 months

President Marcos has approved a three-month extension of the consolidation of public utility vehicles as some groups are calling on the government to resolve issues in the implementation of a program designed to modernize the sector......»»

Category: newsSource:  philstarRelated NewsJan 24th, 2024

EDITORIAL - Minimum inconvenience

With just over a week to go before the deadline, 313 routes in the National Capital Region still lack a consolidated transport service entity, according to data from the Land Transportation Franchising and Regulatory Board. After a one-month grace period, the LTFRB says it will no longer give another extension of the deadline, as it cited a 76.6 percent consolidation rate nationwide......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 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

Trough of LPA to bring isolated rain showers in Mindanao — PAGASA

In its 4 a.m. bulletin, PAGASA said that the SOCCSKSARGEN region may experience cloudy skies with moderate to heavy rains, which may result in possible flash floods or landslides due to the trough of the LPA or the extension of LPA......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

No extension of party-list registration deadline – Comelec

The Commission on Elections is not inclined to extend the deadline for party-list groups to file the required manifestation of intent to participate in the 2025 elections......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Basak San Nicolas fire: House destroyed, P1.2M worth of properties lost

CEBU CITY, Philippines — An estimated total of P1.2 million worth of properties were destroyed after a two-storey house in Dapdap Extension, Baragy Basak San Nicolas, Cebu City was engulfed in flames on Thursday morning, January 11, 2023. According to the Cebu City Fire Office (CCFO), the fire broke out at 11:48 a.m. in a.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

China sees red, issues warning as Philippine activists sail towards disputed reef

Manila [Philippines], May 16 (ANI): Philippine activists have embarked on a voyage towards a disputed reef in the South China Sea, prompting China to issue warnings against Manila for permitting the civilian mission in the West Philippine Sea, a term Manila uses for waters in the South China Sea that fall within its 200-nautical mile EEZ, Voice of America reported. A makeshift fleet comprising hundreds of fishing boats de.....»»

Category: newsSource:  manilanewsRelated News17 hr. 34 min. ago

ALLHC seeks dominance in cold storage space

AyalaLand Logistics Holdings Corp., the industrial parks and real estate logistics arm of Ayala Land Inc., has set its sights on becoming a formidable player in the cold storage space with a sustained double-digit growth eyed for the business over the medium-term......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Higher rates force government to cut down T-bond award

The government barely raised half of its target long-term securities yesterday as rates picked up, allowing it to borrow only P11.5 billion from the debt market......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

What does it mean to be Asian in America

More than two decades into her American journey, Shamarukh Mohiuddin navigates the crossroads of culture and identity.A Washington-area business consultant by day, Mohiuddin supports Asian American causes, performs with a dance group at the capital's annual Fiesta Asia and checks 'Asian' on forms. Yet, the label doesn't quite fit.She prefers 'Bangladeshi American,' a term that resonates more deeply with h.....»»

Category: newsSource:  manilanewsRelated NewsMay 11th, 2024

Marcos Jr. vows to fund coconut export program

President Marcos has vowed to provide funding for a Philippine Coconut Authority program that aims to plant 100 million coconut trees by the end of his term to reach the goal of making the Philippines the number one coconut exporting country in the world......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024