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MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
REDC anchor investor buys secondary share stake
This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»
MGreen hikes stake in SPNEC
MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»
Germany mulling stake sale in major gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»
Village official found dead after ‘visit’ by soldiers – rights group
“Eddie's daughter believed it was suicide, triggered by the non-stop threats against his father. Eddie often tells his family why the soldiers are harassing him despite being a barangay official and he knows nothing about the allegations and what the soldiers are looking for in the area." The post Village official found dead after ‘visit’ by soldiers – rights group appeared first on Bulatlat......»»
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......»»
President Marcos forms body to create government lands master list
President Marcos has formed an interagency body tasked to create a master list of all lands owned by the government to ensure efficient and effective utilization of land resources for the country’s development......»»
UK-based chefs create Filipino-inspired dishes
Negros-based rum Don Papa tapped two award-winning chefs based in the United Kingdom to create a dinner menu inspired by Filipino flavors......»»
Bizmen eyeing to create power dev t coordinating council
Bizmen eyeing to create power dev t coordinating council.....»»
Pampanga to create culinary council
Pampanga to create culinary council.....»»
SU hosts micro-credentialing forum, create network for ‘stackable’ courses
SU hosts micro-credentialing forum, create network for ‘stackable’ courses.....»»
Disney, Fox, Warner Bros Discovery to create joint sports streaming platform
Fox Corp, Walt Disney’s ESPN and Warner Bros Discovery said on Tuesday they would launch a sports streaming service later this autumn to capture younger viewers who would not be tuned in to television. The media companies will form a joint venture to create a new service from their broad portfolio of professional and collegiate.....»»
Residents urged to create “family disaster plans”
DAVAO CITY (MindaNews / 04 February) — Disaster-resiliency should start from home and residents, particularly those living in landslide and flood-prone areas, must create their own “family disaster plans” to guide them, the director of the Office of the Civil Defense (OC) in the Davao region said. Ednar G. Dayanghirang, OCD-Davao director, said part of “family resiliency” […].....»»
Metro3rd cities, towns create Northern Central Inter-Local Health Zone
Metro3rd cities, towns create Northern Central Inter-Local Health Zone.....»»
BSP officials highest paid gov t officials in 2023 — COA
Officials of the Bangko Sentral ng Pilipinas were the top highest paid officials in 2023, according to a recent report of the Commission on Audit released on Thursday......»»
Cebu Daily Newscast: Chocolate hills resort: Bohol governor tells DENR to take legal action ASAP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, March 14. Chocolate hills resort: Bohol governor tells DENR to take legal action ASAP The provincial government of Bohol wants to find out how the controversial resort located within the famous Chocolate Hills.....»»
Sharon Cuneta apologizes, shares story behind Kiko Pangilinan’s pugot ulo photo
“Megastar” Sharon Cuneta admitted that she was at fault for posting a recently viral photo of her politician husband Francis “Kiko” Pangilinan with no head on her official social media account......»»
‘Kababuyan!’: Sharon Cuneta backs Kiko Pangilinan’s cyber libel raps vs content creators
“Megastar” Sharon Cuneta shared her reaction to politician husband Francis “Kiko” Pangilinan’s filing of cyber libel to video bloggers or vloggers over alleged malicious videos......»»
Wanted: Manny Pangilinan’s replacement
Manny Pangilinan is looking for someone much younger and with an excellent business sense to replace him as PLDT chief.....»»
Pangilinan sues YouTube channel for cyber libel
Former senator Francis Pangilinan yesterday filed a cyber libel complaint before the Department of Justice against a YouTube channel creator for uploading what he described as malicious and libelous content against him and his family......»»