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Rama ‘worried’ about Duterte-Marcos dispute
CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»
Sayonara and Kon’nichiwa
“Most challenging, most wonderful, most exciting, most valuable, and most meaningful,” was how former Toyota Motor Philippines president Atsuhiro Okamoto described his four-year stint in the Philippines as he gave his farewell speech last Tuesday, Feb. 20, at the Grand Hyatt Hotel during the formal turnover of the TMP presidency to his successor, Masando Hashimoto......»»
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......»»
AFP checking Chinese students’ influx in Cagayan
The Armed Forces of the Philippines is looking into the reported swarm of Chinese college students in the province of Cagayan......»»
Investors swarm T-bond auction
Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»
SM2SM Run 12 this Sunday draws record-breaking 13,000 runners
CEBU CITY, Philippines — A record 13,075 runners will swarm the streets of Cebu City for the annual SM2SM Run that will start and finish at the SM Seaside City Cebu in South Road Properties (SRP) this Sunday. SM Supermalls Regional Operations Manager Anton Del Prado said the 12th edition of one of Cebu’s premier.....»»
Jewel in the Palace continues story with Lee Young Ae reprising role after 20 years
"Dae Jang Geum," or more popularly known in the Philippines as "Jewel in the Palace," is set to continue the story of Jang Geum two decades since she became the first royal physician. .....»»
A tale of ‘pork-barrel’ era
The first time I met Senator Jinggoy Estrada was while he was still mayor of San Juan City on June 30,1998 when he attended the inaugural of his father, former president Joseph Estrada. At that time, I was still a reporter covering Malacañang Palace. As it turned out, it was the first and last time I saw mayor Jinggoy inside the Palace grounds......»»
Philippines to lead growth in ASEAN+3
The Philippines is expected to post the fastest economic growth in the Association of Southeast Asian Nations Plus 3 this year and the next, according to the ASEAN+3 Macroeconomic Research Office......»»
United Kingdom offers scholarships for ASEAN women in STEM
Under the ASEAN-UK SAGE scholarship program by the U.K. government, women who want to pursue a master’s degree in STEM will receive support in tuition fees, stipends, travel costs, visas, and health coverage fees......»»
Thailand joins ASEAN agriculture-MSME development plan
The ASEAN Business Advisory Council Thailand has become the latest to sign to the region-wide private sector-led agriculture-MSME Development plan initiated in the Philippines......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
Philippines to join ASEAN Tourism Forum 2024 in Lao PDR
The Philippines’ diverse tourism offerings will once again be showcased internationally as the country is set to participate at the ASEAN Tourism Forum (ATF) 2024 in Lao PDR......»»
BDO shortens second Asean sustainability bond offer period
BDO shortens second Asean sustainability bond offer period.....»»
Anne Curtis guests on 24 Oras, bares It s Showtime pasabog on 1st GMA-7 airing
Anne Curtis joined regular "Chika Minute" presenter Iya Villania where they talked about motherhood, her family's recent trip to Taiwan, and "It's Showtime" on GMA-7. .....»»
Airports and trains
Over breakfast some years back, in one of those times I had the opportunity to sit down with tycoon Ramon S. Ang or RSA, together with a small group of fellow journalists, he talked about the importance of having an airport express similar to Hong Kong’s much-touted MTR which connects the airport to the rest of the city. .....»»
Road to IPO
The Philippine Stock Exchange hosted a forum on Feb. 28 featuring CEOs who talked about how their respective initial public offerings helped accelerate the growth of their companies......»»
I married my first love : Jennylyn Mercado, Dennis Trillo get candid on second-chance love
Sitting down with Karen Davila, Dennis Trillo and Jennylyn Mercado talked about how they've grown more mature over the years as they tried love the second time around and what made their second chance at love work. .....»»
The difference between SROs and FOOs
It’s been a while since we’ve talked in-depth about a stock rights offering or a follow-on offering, so let’s discuss how they’re different and when a company might use one or the other......»»
Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang
MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»