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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

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

El Nino costs Philippine agriculture up to 18.9 mln USD

MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Xinhua world economic news summary at 0900 GMT, March 6

MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Biz Bureau surpasses 43-K permit renewals

The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Private lander makes United States’ 1st moon landing in over 50 years

Private lander makes United States’ 1st moon landing in over 50 years.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Over 400 registered on 1st day of voter registration

Over 400 registered on 1st day of voter registration.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

Didipio mine on track to hit output target

Didipio gold mine is on track to hit its 2024 production guidance after producing over 26,000 ounces of gold and 3,000 metric ounces of copper in the first quarter, OceanaGold Corp. said......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 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

Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year 

CAGAYAN DE ORO (MindaNews / 11 January) –  A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000.  Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Boracay, Palawan named among ‘Best Islands in Asia-Pacific’

Two island destinations in the Philippines were included in the 10 “Best Islands in Asia-Pacific” by a foreign travel magazine......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Holy Week 2024: Thousands visit Celestial Gardens on Good Friday

CEBU CITY, Philippines — Despite the scorching heat, thousands of pilgrims visited the Celestial Gardens in Banawa, Barangay Guadalupe in Cebu City on Good Friday, March 29. According to the officers from the Cebu City Police Office, as of 5 p.m. there were around 4,000 people who went to the Celestial Gardens on Friday to.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Igacos records 35K tourist arrivals from Mar 28 to 30

AMID the current power crisis, the Island Garden City of Samal (Igacos) recorded nearly 35,000 tourists during the Lenten break......»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Recall issued for 318,000 vehicles due to potential airbag issues

Stellantis Recalls 318,000 Vehicles Over Air Bag Defect Stellantis, the parent company of Chrysler and Dodge, has announced a recall of 318,000 vehicles due to.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 23rd, 2024

Road Warriors overcome 3rd-quarter slump vs FiberXers

Usually struggling in the third quarter, the NLEX Road Warriors flipped the script and ran away with a massive 115-93 victory over the Converge FiberXers in their PBA Philippine Cup clash on Saturday......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024

‘Lucky to have Bolick’: NLEX guard takes over late in comeback win

Robert Bolick erupts for 16 points in the fourth quarter as NLEX erases a double-digit deficit in the fourth quarter to turn back Meralco.....»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2024

LeBron final-quarter show fuels Lakers comeback over Clippers

The Lakers pull off a furious rally from 21 points down in the final period as LeBron James single-handedly outscores the Clippers in the quarter.....»»

Category: newsSource:  rapplerRelated NewsFeb 29th, 2024

LeBron James becomes first player to score 40,000 points

LOS ANGELES (Reuters) – LeBron James on Saturday became the first NBA player to score 40,000 career points, hitting a scoop layup off the glass in the second quarter of the Los Angeles Lakers home game against the Denver Nuggets. James, who entered the game needing nine points to reach the milestone, used a spin.....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024

PSEi forecast to touch 7,000

The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024