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Books, greens & unfinished business
I recently had lunch with very busy insurance executives and since the topic was about insurance, I raised the question on how prepared were they for retirement or even semi-retirement. Of course, NO ONE, not a single one, had really entertained the thought or been working on the inevitable......»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
Insurance complaints rise in 2023
Insurance complaints rose by nearly eight percent to 5,400 last year, largely coming from mutual benefit associations and health maintenance organizations......»»
Recto backs insurance for OFWs
The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»
Microinsurance premiums up 20 percent
Insurance contributions from low-income Filipinos amounted to P10.2 billion from January to September 2023, up by nearly 20 percent from P8.49 billion in the same period a year ago, according to the Insurance Commission......»»
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......»»
Government calls for Earth Hour switch-off tonight
Government agencies are calling on the public to join the Earth Hour today by switching off non-essential lights from 8:30 p.m. to 9:30 p.m......»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
Capuloy flies to South Korea to face Chinese foe
CEBU CITY, Philippines— Big Yellow Boxing Gym’s Rhonvex “The Body Snatcher” Capuloy flies to South Korea with his team to face Chinese ZhiGang Zhang in a non-title bout in Anseong City on Saturday, January 20, 2024. This will be the first fight abroad for the 27-year-old Capuloy, a native of Hinobaan, Negros Occidental. No less.....»»
LRT-2 cuts train trips after power cables stolen
The Light Rail Transit Line 2 shortened its train operations yesterday after discovering that some of its power cables were stolen......»»
Zamboanga trips Valenzuela in overtime of MPBL opener
Zamboanga Masters Sardines endured overtime before subduing Valenzuela Classics, 82-76, on Saturday right in the opening game of the MPBL (Maharlika Pilipinas Basketball League) Sixth Season at the Calasiao Sports Complex in Pangasinan......»»
Our future stands strong with the trilateral agreement
The upcoming trilateral meeting between the United States, Japan and the Philippines at the White House is perhaps one of the most consequential and significant official trips ever – perhaps even the most important engagement of President Ferdinand Marcos Jr. – mainly because it will not only strengthen our relationship with the US and Japan, but will advance economic growth and boost efforts to promote peace and security not only in the Indo-Pacific region but all around the world......»»
Transport summit
The hellish traffic jam woes have become the penitence of people who spent the just concluded Holy Week on road trips for out-of-town destinations......»»
Tolentino to PPA: Hire veterinarians to assist travelers with pets
Senator Francis Tolentino has urged the Philippine Ports Authority (PPA) to hire veterinarians to vet on-site the pets travelers bring along in their trips and making the boarding process on sea vessels a lot easier......»»
Abegail Rait donates Francis M photo memorabilia to Boss Toyo
After a few months of silence since revealing in the same online show that she has a child with the late Francis M, Abegail Rait has returned to Boss Toyo to give him six photos allegedly taken from her and Francis M's past trips. .....»»
Twice down under
President Ferdinand “Bongbong” Marcos Jr., or PBBM, took two trips to Australia recently and within the span of a few days. All for good reason, no doubt......»»
Chicago Rideshare Drivers Stage Strike, Limiting OHare Trips – The Daily Guardia
Title: Rideshare Drivers Plan Strike for Better Wages, Safety, and Protection Date: [Insert Date] Word Count: 384 (Company Name), (Company Name), and (Company Name), three.....»»
Foreign pledges materialize into $14 billion investments – DTI
A total of $14.2 billion worth of investments pledged during the foreign trips of President Marcos have already been actualized or have commenced implementation, the Department of Trade and Industry reported yesterday......»»
Jodi Sta. Maria visits Antarctica, completes journey to 7 continents
Actress Jodi Sta. Maria completed her trips to the seven continents of the world after a visit to Antarctica......»»
Cebu Pacific shelves plans for Saudi, China flights
Low-cost carrier Cebu Pacific is focusing its international expansion within East and Southeast Asia this year, shelving plans of launching flights to Saudi Arabia and reopening trips to Beijing as supply issues shake the airline......»»