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Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
BSP execs still highest paid in government – COA
Executives of the Bangko Sentral ng Pilipinas have dominated anew the Commission on Audit (COA)’s annual list of highest paid government officials, with BSP Governor Eli Remolona Jr. topping the list with a net pay of P35.48 million last year......»»
Grey list
Grey is just a shade lighter than black. Being on the grey list is just one grade better than being on the black list. Not too many shades there......»»
Philippines remains on FATF gray list
The Philippines failed anew to exit the gray list or list of jurisdictions under increased monitoring after falling short in addressing the remaining concerns on its anti-money laundering and counter-terrorist financing regime, according to global dirty money watchdog Financial Action Task Force......»»
LIST: 21 medicines added to VAT-exempt list
The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»
Man from Barili nabbed for ‘raping’ 5-year-old stepdaughter
CEBU CITY, Philippines – A 31-year-old man from Barili town in southwestern Cebu has admitted to raping his 5 year-old stepdaughter on Monday after he reportedly heard someone whisper in his ears, telling him to sexually abuse the girl. The suspect told Barili police that he was sorry for what he did. Police Staff Sergeant.....»»
Mother nabbed for ‘sexually exploiting’ 8-year-old daughter online
CEBU CITY, Philippines – A 31-year-old mother from Cebu City will be spending some time in jail after she was nabbed for allegedly peddling her 8-year-old daughter by offering the child’s explicit photos and videos to foreign customers online. The suspect (name withheld) was tagged as a high-volume producer and seller of child pornography. The.....»»
Samal resort gets notice of violation over hawksbill turtle hatchlings
The Department of Natural Resources-Davao Region (DENR-Davao) has issued a notice of violation to Isla Reta Beach Resort in Samal for the illegal possession of hawksbill turtle hatchlings. The resort violated Republic Act 9147, which prohibits the exploitation of wildlife resources and their habitats. The law strictly prohibits collecting, hunting, or possessing wildlife or their by-products, with penalties including imprisonment and fines. In response to the notice, the resort's owner must release the turtle hatchlings within a day, or face legal action. Despite the resort's intention to care for and release the hatchlings after six months, DENR-Davao found 130 hatchlings inside styro boxes and emphasized the critical importance of immediately releasing them to ensure their survival. The Philippines recognizes five sea turtle species, with hawksbill and leatherback classified as critically endangered. DENR-Davao encourages individuals to report wildlife sightings and pledges to conduct public awareness campaigns for wildlife conservation. Isla Reta Beach Resort faced criticism for unauthorized plans to raise the hatchlings......»»
Cebu Football Club introduces new faces for the upcoming PFL season
CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants continues to overhaul its entire roster after welcoming new faces, including key homegrown players, as the Philippines Football League (PFL) season unfolds in April. The Gentle Giants presented 10 new players, including four Cebu homegrown players, who will comprise its official roster for the.....»»
Sinner ends 10-time champion Novak Djokovic’s Australian Open streak, faces Medvedev for the title
Sinner ends 10-time champion Novak Djokovic’s Australian Open streak, faces Medvedev for the title.....»»
Capuloy faces Zhang for WBC Far East belt
Capuloy faces Zhang for WBC Far East belt.....»»
Toledo City cop faces dismissal for allegedly robbing a cooperative
Toledo City cop faces dismissal for allegedly robbing a cooperative.....»»
Palace sacks assistant solgen over sexual harassment
An assistant solicitor general has been ordered dismissed by Malacañang for sexually harassing two of his legal interns......»»
LEGAL RIPPLES: “It’s not Amendment, it’s Revision Stupid!”
DAVAO CITY (MindaNews / 11 January) — Last January 6, 2024, Liberal Party President Edcel Lagman, Representative of the 1st district of Albay, issued a press statement on Charter Change via People’s Initiative launched by Congressmen from the supermajority coalition using People’s Initiative as a mode of amending the Constitution. Lagman raised among others, three basic questions: who […].....»»
Solon bats for expansion of motorcycle taxis outside Metro Manila
A House lawmaker has voiced his support for expanding the government's allotment of motorcycle taxis outside Metro Manila as the Land Transportation Franchising Regulatory Board is set to greenlight the participation of more players in its pilot study......»»
Solon wants to pause PhilHealth contributions for minimum wage earners
A lawmaker is seeking a temporary suspension of the PhilHealth premium contributions for minimum wage earners to utilize the unspent funds of the state insurer to subsidize the premiums of low-income individuals......»»
Solon pushes creation of Dept of Water Resource Management
CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»
Delivery rider nabbed for hold up me scheme
A delivery rider in Davao City, Bryan Sistual Capote, gained attention after claiming to be robbed while on duty. However, police investigations revealed inconsistencies in his story. Witnesses reported no signs of trouble during the alleged robbery, and tracking Capote's e-wallet transactions uncovered a transfer matching the amount he claimed was stolen. Confronted by authorities, Capote confessed to fabricating the robbery. He now faces charges for his deceitful actions......»»
Vlogger Yexel Sebastian faces P50 billion Syndicated Estafa complaint
Content creator and entrepreneur Yexel Sebastian faces several complaints including one for Syndicated Estafa in a scam involving as much as P50 billion......»»