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DITO FY23 net loss: P8.1-B (30% improvement)
DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
‘Long ways to go’: Cone still sees room for improvement after Gilas rout
Coach Tim Cone sees both the good and the bad in Gilas Pilipinas' 30-point demolition of Hong Kong at the start of the FIBA Asia Cup Qualifiers.....»»
Amid House-Senate rift, Romualdez seeks common ground on Cha-cha with Zubiri
After the Senate delivered a scathing rejection of the ongoing People’s Initiative (PI) campaign to amend the Charter, House Speaker Martin Romualdez has reached out to Senate President Juan Miguel Zubiri to express the lower chamber's support for an alternative PI led by the upper chamber......»»
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......»»
Mavy Legaspi sees no problem with Darren Espanto, Kyline Alcantara shipping
Kapuso actor Mavy Legaspi sees no problem with former love team partner Kyline Alcantara being "shipped" or teased with Darren Espanto......»»
Xinhua Asia-Pacific news summary at 1600 GMT, May 12
NEW DELHI -- Two government-run hospitals in Delhi received a bomb threat on Sunday, triggering evacuations in both facilities. Personnel belonging to the Delhi Police, the Delhi Fire Services and the local disaster management force were carrying out security checks inside the Sanjay Gandhi Hospital in Mangolpuri and the Burari Government Hospital in Burari area. (India-Delhi-Bomb Threat) - - - - J.....»»
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.....»»
A Quick Guide to Online Gambling and Financial Responsibility
With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»
Japan Police Accused of Racial Profiling
Three ethnic minority residents of Japan filed a lawsuit this week alleging that the police racially profiled them.The lawsuit against the Japanese government, the Tokyo metropolitan government, and Aichi prefectural government, alleges the three were subjected to repeated police identity checks because of how they looked. Ea.....»»
CTTMO sees timeline problems in citation tickets issued to road workers
A REPRESENTATIVE from the Davao City Transport and Traffic Management Office (CTTMO) said there should be a clear timeline for the citation tickets issued, particularly to the Department of Public Works and Highways-Davao Region (DPWH-Davao) contractors implementing road works that would heavily affect the city's traffic situation......»»
Explained: PDIC and How It Works
At some point, I’m sure you’ve seen the acronym “PDIC” and “PHP500,000” together somewhere, especially if you’re constantly in digital banking apps or physical branches up and about. In the world of finance, understanding mechanisms that safeguard your hard-earned money is of utmost importance. One key player in this domain is the Philippine Deposit Insurance […].....»»
Underutilized bike lanes? Rappler checks on number of cyclists on EDSA
By: CMFR StaffPosted on: May 6, 2024, 2:34 pm CHEERS TO Rappler for exposing the skewed data that Metropolitan Manila Development Authority (MMDA) has been using to justify its opposition to the widening of bicycle lanes in the city. Pia Ranada checked with different groups worki.....»»
Underutilized bike lanes Rappler checks on number of cyclists on EDSA
CHEERS TO Rappler for exposing the skewed data that Metropolitan Manila Development Authority (MMDA) has been using to justify its opposition to the widening of bicycle lanes in the city. Pia Ranada checked with different groups working on urban mobility to point out the huge discrepancy betwee.....»»
Background of Chinese students being checked
Police are conducting background checks on Chinese students in Cagayan province amid rumors they could be spies or are part of sleeper cells for the Chinese military......»»
Senate hearing on bills vs online piracy slated next week
The Senate Trade and Industry Committee will tackle on April 23 two bills on amending the Intellectual Property Code of the Philippines to enable online site blocking and safeguard intellectual property rights......»»
In Tim Cone’s list, Johnny A still reigns supreme: ‘Unequivocally’
Tim Cone spent a lot of time chatting with members of the Inquirer sports staff earlier this week, talking of how “adventurous” his flight to the Philippines was as a 9-year-old back in 1966. He talked about how he and Alaska owner Fred Uytengsu got together and created a PBA dynasty. He talked about Gilas.....»»
Copyright registrations soar by 76% in 2023
“In just a few clicks and just a few days, you can safeguard your works and navigate the future with greater confidence over the ownership of your works. Make the wise decision of registering today rather than regretting not having given your works enough protection.”.....»»
Jeepney drivers, workers ‘more miserable under Marcos Jr’
Jeepney drivers and operators group Piston said that those who refuse to join the unjust public transport modernization program are being "designated as illegal, or colorum, by the very same government entrusted to safeguard the rights of the working class." The post Jeepney drivers, workers ‘more miserable under Marcos Jr’ appeared first on Bulatlat......»»