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Globe gets ‘B’ CDP rating for 3 consecutive years
Globe gets ‘B’ CDP rating for 3 consecutive years.....»»
Duterte: P20/K rice impossible
There is no way for rice prices to dip to P20 per kilo as promised by President Marcos, according to former president Rodrigo Duterte......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Solo parents to get P1K monthly subsidy
The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»
Pasig City tells hotel to explain disregard of senior discount or face closure
MANILA, Philippines — Pasig City on Wednesday ordered a hotel to explain why the local government should not issue a cease and desist order after it denied a 20-percent discount to a senior citizen. INQUIRER.net will withhold the name of the establishment and its hotel management until it gets the side of the hotel company......»»
‘Alarmed’ Marcos Jr. No trigger for MDT
While expressing “great alarm” over the latest incident involving Filipino and Chinese vessels in the West Philippine Sea, President Marcos said he did not see it as a trigger for the Mutual Defense Treaty between the Philippines and the United States......»»
Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos
Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»
Upson International FY23 profit: P464-M (down 13.7%)
Upson International, the IT retailer primarily operating through the Octagon retail brand, teased its FY23 financial results headlined by a 13.7% dip in net income to P464 million......»»
Declining public trust: Long list of problems in PCSO
FOR THOSE willing to play the odds, the small price of a lottery ticket holds up the magic power of possibility, the freedom from financial worries and deprivation, the dream of a different life come true. The little bit of chance enlivens with its promise of relief from the burdens of poverty or for those who are not poor, for more of the good life. Filipinos have embraced the Lotto. It is part of national life......»»
Sara: Baste quit call made out of ‘brotherly love’
Vice President Sara Duterte said she has not spoken to her brother, Davao City Mayor Sebastian Duterte, about his call for President Marcos to resign, which she stressed was more out of “brotherly love” to protect her from the shabby treatment she has been receiving from people within the Palace inner circle......»»
Personal memories of Cory on her 91st birthday
My favorite stories are those times she focused on directly helping the poor. She saw the poor as individuals with different needs and not just as economic indicators or poverty rates. . . That was why we created the President’s Social Fund......»»
PH still among countries perceived to have corrupt governments
The Philippines remained among Asian countries perceived to have corrupt governments, but the “slight improvement” in the country’s ranking should be seen as “a challenge to do better and a reason for hope that the country is headed in the right direction,” according to a top Palace official. Executive Secretary Lucas Bersamin did not even.....»»
Simula Enero, mahigit 200 na ang patay dahil sa pagkalunod –PNP
AS of March 28, nasa 212 na ang patay dahil sa pagkalunod sa karagatan at ilog sa buong bansa. Ayon ito sa report ng Philippine National Police (PNP) na ipinadala sa INQUIRER.net kamakailan lang. Base sa datos, 223 individuals ang sangkot sa drowning incidents mula pa noong nagsimula ang taong 2024. Maliban sa 212 deaths,.....»»
DOT seeks inclusion in protected areas board amid Chocolate Hills issue
Department of Tourism Sec. Christina Frasco —INQUIRER.net file photo / Ryan Leagogo After the recent controversy surrounding a resort development near Chocolate Hills in Sagbayan town, Bohol, the Department of Tourism (DOT) announced plans to advocate for its inclusion in the national government’s Protected Area Management Board (PAMB). Tourism Secretary Christina Frasco stated during a.....»»
'SerbisyoBandera: 72-anyos ginawang ‘community library’ ang bahay sa Makati
ISA lang naman ang misyon sa buhay ng 72-year-old na si Mang Nanie mula sa Makati City. ‘Yan ay matulungan ang maraming mahihirap na kabataan sa pamamagitan ng libro! Yes, yes, yes mga ka-Bandera, hindi superpowers ang kailangan ni Mang Nanie upang matupad ang kanyang layunin – kundi napakaraming libro. Sa naging interview with INQUIRER.net,.....»»
Kampo ni Ian Veneracion balak sampahan ng kaso ang writer-director na si Ronaldo
PINAG-AARALAN na ng kampo ni Ian Veneracion ang isasagawang “legal action” laban sa writer-director na si Ronaldo Caballo. Ito ay kaugnay pa rin sa viral post ni Ronaldo na isiniwalat at inireklamo ang kalahating milyong talent fee ng batikang aktor. Nakakuha ang INQUIRER.net ng exclusive statement mula sa management ni Ian at inihayag nila na.....»»
Nadine Lustre sa paggawa ng GL movie with Maris Racal: ‘Ako, game ako!’
NAKARATING na kay Nadine Lustre ang pagnanais ni Maris Racal na makatambal siya sa paggawa ng lesbian movie o Girl Love (GL) movie. Ayon kay Nadine, game na game siyang makatrabaho si Maris. Pero bago ‘yan, natanong muna ng INQUIRER.net ang aktres kung handa na ba itong sumabak sa nabanggit na genre ng pelikula. “I.....»»
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......»»