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ASEAN cross-border remittance service to go live by 2026 – BSP
The Bangko Sentral ng Pilipinas along with other central banks in the region aims to operationalize multilateral cross-border fund transfers by July 2026......»»
Philippines bags $1.53B worth of investments in Australia
President Ferdinand Marcos Jr. has secured deals worth $1.53 billion or P86 billion in investments during the Philippine Business Forum at the ASEAN-Australia Special Summit in Melbourne, according to the Presidential Communications Office......»»
Philippines to achieve upper middle-income status by 2031
The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»
Cebu lampposts case: SC clears DPWH execs, contractor of graft
The Supreme Court acquitted three former officials of the Department of Public Works and Highways (DPWH) and a private contractor of graft charges in relation to the installation of allegedly overpriced lampposts during the 2007 Association of Southeast Asian Nations (Asean) summit held in Cebu. In a 22-page decision promulgated on Oct. 11, 2023, but made public only.....»»
Philippines leads Asean in vehicle output growth in 2023
The Philippines emerged as the fastest-growing country in Southeast Asia in terms of motor vehicle production in 2023 as it registered a 19.7 percent increase......»»
3 Northern Luzon cities named ‘Asean Clean Tourist Cities’
Three cities in Northern Luzon were recognized as “clean tourist cities” in Southeast Asia......»»
Philippines to lead ASEAN in growth this year
The Philippines is projected to be the fastest-growing economy in Southeast Asia this year, according to the Association of Southeast Asian Nations Plus 3 Macroeconomic Research Office......»»
TURNING POINT: K-12 Program: A Dismal Failure
NAAWAN, Misamis Oriental (MindaNews / 19 January) – The K-12 curriculum was adopted, supposedly to improve the quality of education in the country, mimicking the system in some countries in Europe and that of our ASEAN neighbors. Unfortunately, only the addition of two grade rungs, grade 11 and grade 12, otherwise known as the senior […].....»»
Diplomacy, soft power and education
Look through ASEAN development statistics and you will find that in the last 40 years, the Philippines has plummeted in most development indices as opposed to its neighbors......»»
Charter Day bonus for Cebu City gov’t employees ‘still pending’
CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»
Spring housing market heating up, but rising rates pose challenges for buyers
The housing market’s spring selling season is anticipated to be more robust this year as inventory continues to increase, a positive sign for buyers looking.....»»
Bacolod City Ensures Legality: Market Permit Checks Aim for Compliant Businesses (PH)
Bacolod City Ensures Legality: Market Permit Checks Aim for Compliant Businesses (PH).....»»
GCash preparing for IPO in the last half of 2024
Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»
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......»»
Palawan Recognized as One of the Top Destinations in World for 2024
Palawan has once again earned recognition as one of the Trending Destinations in the World for 2024 on Tripadvisor, the global hub for travel deals and reviews. This follows Palawan’s outstanding global achievements in 2023, being named one of the World’s Most Desirable Countries for Adventure, making it to Travel + Leisure’s top Islands, and […].....»»
Anti-Bullying Ordinance still at City Legal Office
A DAVAO City councilor said that they are still waiting for the decision from the City Legal Office to differentiate the terms of bullying for adults and children in the Anti-Bullying Ordinance of Davao City......»»
Guv still hopes for PBBM s nod of NIR despite bishop s opposition
Guv still hopes for PBBM s nod of NIR despite bishop s opposition.....»»
BOC still looking for ‘viral’ sports car
The Bureau of Customs is still searching for one of two luxury sports cars that had gone viral after being spotted speeding along Metro Manila’s roads, an official said yesterday......»»
Negros Occidental still waiting for DepEd decision on reg’l meet hosting
Negros Occidental still waiting for DepEd decision on reg’l meet hosting.....»»
Still No Justice for Slain Lebanese Researcher s Family
Still No Justice for Slain Lebanese Researcher s Family.....»»