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Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Globe gets ‘B’ CDP rating for 3 consecutive years

Globe gets ‘B’ CDP rating for 3 consecutive years.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

PBBM dinidiktahan ng partido, first lady – survey

Sa survey ng PUBLiCUS Asia Inc., umaabot sa 20% hanggang 25% ng mga respondent ang naniniwalang dinidiktahan ng kanyang partido at ni First Lady Liza Araneta-Marcos ang desisyon ni Pangulong Bongbong Marcos. The post PBBM dinidiktahan ng partido, first lady – survey first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Pulse Asia survey sa Cha-cha pinalagan ng mga congressman

Kinondena ng mga kongresista ang survey ng Pulse Asia kaugnay ng panukalang amyendahan ang Konstitusyon dahil sa mga tanong umano na ang direksyon ay upang tutulan ng publiko ang panukalang reporma. The post Pulse Asia survey sa Cha-cha pinalagan ng mga congressman first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

Pulse Asia stands by survey results

Pulse Asia’s president stood by the public opinion polling firm’s latest survey, which showed that 88 percent of Filipinos are against changing the country’s Constitution, after members of the House of Representatives cast doubt on the methods used to obtain answers for the survey......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

2 `bata’ ni Martin Romualdez pumalag sa Cha-cha survey

Kinuwestiyon ng dalawang mambabatas ang resulta ng survey na ginawa ng Pulse Asia kaugnay sa Charter change (Cha-cha) kung saan lumabas na mayorya ng mga Pilipino ang hindi pabor na amiyendahan ang 1987 Constitution. The post 2 `bata’ ni Martin Romualdez pumalag sa Cha-cha survey first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

What keeps you from sharing your needs with others?

What keeps you from sharing your needs with others? What can you do today to reach out to someone else and help shoulder their burden?.....»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Martinez reelected ABC president, keeps PB seat

Martinez reelected ABC president, keeps PB seat.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

FPRRD senatoriable rating slides

FORMER president Rodrigo Duterte slips down from the top spot of the leading candidate for the 2025 Senatorial Elections in a PUBLiCUS Asia survey......»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

President Marcos gets ‘good’ satisfaction rating, Vice President Sara ‘very good’

Satisfaction with President Marcos decreased over the past year, but remained “good” at the end of 2023, a survey conducted by Social Weather Stations found. .....»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Sara Duterte thanks Marcos for continued trust

Sara Duterte thanks Marcos for continued trust.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Petro Gazz s Palma underscores importance of trust 

Petro Gazz captain Remy Palma reiterated the value of trust in Coach Koji Tsuzurabara’s system as the Angels strengthened their semis bid in the PVL All-Filipino Conference......»»

Category: sportsSource:  philstarRelated NewsApr 16th, 2024

RCBC Trust’s AUM hits P161 billion in February

The trust and investment management arm of Yuchengco-led Rizal Commercial Banking Corp. saw its assets under management hit more than P161 billion as of February, as the number of its institutional clients grew significantly......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang

MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

Survey shows Dabawenyos want FPRRD to return to public service

NEARLY nine out of 10 Dabawenyos expressed a desire for former President and Mayor Rodrigo Duterte to return to public service, according to a survey conducted by the University of Mindanao Institute of Popular Opinion (IPO)......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Council to appeal March 1 as special non-working holiday in Davao City

The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024