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CLI secures PCC approval for JV with Singapore builder

Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

First power privatization under President Marcosgets PCC nod

The country’s antitrust agency has cleared the first power privatization project under the Marcos administration as the deal is unlikely to reduce competition in the market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

PCC clears Aboitiz purchase of local Coca-Cola company

The Philippine Competition Commission has cleared the Aboitiz Group’s acquisition of Coca-Cola Beverages Philippines Inc., paving way for the closing of the transaction by the end of the month......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT

ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Apple Overtakes Samsung as World’s Top Smartphone Seller after Over a Decade

Apple has dethroned Samsung as the world’s leading smartphone seller, marking the end of Samsung’s 12-year dominance according to stats. This comes as data from the International Data Corporation (IDC) revealed that Apple secured the top spot in 2023, having sold 234.6 million units, claiming a 20.1% market share. In contrast, Samsung trailed with 226.6 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 18th, 2024

SC fines PAO chief P180,000 for contempt

The Supreme Court has slapped a fine of P180,000 on Public Attorney’s Office chief Persida Acosta over her statements against the “conflict of interest” provision in the new lawyers’ code of conduct, citing her for indirect contempt and grossly undignified conduct prejudicial to the administration of justice......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Jinggoy convicted of bribery, cleared of ‘pork’ plunder

The Sandiganbayan Fifth Division has found Sen. Jinggoy Estrada guilty of one count of direct bribery and two counts of indirect bribery over his alleged involvement in the pork barrel scam – placing him in a position where he may eventually be booted out of office, pay fines and be imprisoned......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Over 2 mln foreign tourists arrive in Philippines since January

MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

Baguio City’s data system attacked 3M times in 2023

The Baguio City government's data system was attacked by cybercriminals at least three million times in 2023, but it survived all of them, the Management Information Technology Division of the Baguio City Mayor's Office said......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Hsuan bucks tough greens, shows way with 68

Chinese-Taipei’s Hsuan Chen finished strong and carded a four-under 68 in scorching conditions to grab a one-stroke lead over Thai Queen Meesom-us in the first round of the $100,000 ICTSI Luisita Ladies International 2024 yesterday......»»

Category: sportsSource:  philstarRelated NewsApr 23rd, 2024

ICTSI Luisita Ladies International: Chen leads with 68 amid heat

Chinese-Taipei’s Hsuan Chen flourished with a stunning backside charge, carding a four-under 68 in scorching conditions to grab a one-stroke lead over Thai Queen Meesom-us in the first round of the $100,000 ICTSI Luisita Ladies International 2024......»»

Category: sportsSource:  philstarRelated NewsApr 23rd, 2024

Fines, guidelines sought to address road projects that cause traffic

The rising traffic congestion in Davao City due to many ongoing road infrastructure projects is being tackled by the Davao City Council in the past few months......»»

Category: newsSource:  davaotodayRelated NewsApr 4th, 2024

NBA fines T-Wolves center Gobert $100,000 for payoff gesture

Minnesota Timberwolves center Rudy Gobert was fined $100,000 by the NBA on Sunday (Monday Manila time) for criticizing officiating and making an inappropriate gesture at a game referee......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Metro Manila LGUs formalize regulation of e-vehicles

All 17 local government units of Metro Manila will soon enforce ordinances regulating the use of electric vehicles and imposing fines on offenders......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Lifetime ban for game-fixing

Heftier fines, longer jail times and perpetual bans in leagues are being eyed for unscrupulous persons who will engage in game-fixing......»»

Category: sportsSource:  philstarRelated NewsFeb 7th, 2024

Italy fines first city for privacy breaches in use of AI

After an in-depth investigation of the projects in Trento city, the GPDP finds 'multiple violations of privacy regulations,' it says, while recognizing the municipality acted in good faith.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

El Nino pattern costs Philippine agriculture over 68 mln USD

MANILA, April 19 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached over 3.94 billion pesos (roughly 68 million U.S. dollars), official data released on Friday showed. According to the Department of Agriculture, 11 regions across the Southeast Asian country are reeling from the weather phenomenon, which has affected nearly 74,000 farmers and fisherfolk. More than 66,000 he.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024