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Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Remembering EDSA in Bicol | PNP opts for ‘police power’ in freedom parks

During the People Power commemoration, the Philippine National Police (PNP) occupied all parks in Camarines Sur for their supposed “outreach” program. Still, it did not stop more than 300 activists here to stage a protest action in the afternoon of Feb. 25. The post Remembering EDSA in Bicol | PNP opts for ‘police power’ in freedom parks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

QC prosecutor’s office junks ‘grave threats’ rap vs Duterte

The Quezon City Prosecutor’s Office has dismissed the grave threats case filed by ACT Teachers Rep. France Castro against former President Rodrigo Duterte, saying there was insufficient evidence to prove his intent to harm her. Castro accused Duterte of threatening to kill her based on statements he made during two episodes of his show “Gikan sa Masa,.....»»

Category: newsSource:  inquirerRelated NewsJan 13th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Polis gidid-an sa PNP Chief nga mogamit sa cellphone

Polis gidid-an sa PNP Chief nga mogamit sa cellphone.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

PNP chief brushes off claims of extrajudicial killings under Marcos admin

PNP chief brushes off claims of extrajudicial killings under Marcos admin.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

PNP chief to kick out more scalawags

To make the most out of his term to improve the image of the Philippine National Police, PNP chief Gen. Benjamin Acorda Jr. vowed to kick out more scalawags in their organization......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 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

Free expression under attack, artist groups urge UN to probe PH laws

“Our gravest concern now is the new policies which attack freedom of expression: specifically the Anti-Terror Law and Executive Order 70 which created the NTF-ELCAC. This emboldened state actors, such as the police and military to commit abuses on a scale last seen during the first Marcos administration.” The post Free expression under attack, artist groups urge UN to probe PH laws appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 25th, 2024

BBM pinasalamatan buong puwersa ng PNP

Nagpasalamat si Pangulong Bongbong Marcos sa buong puwersa ng Philippine National Police (PNP) dahil sa kanilang sakripisyo at serbisyo para matiyak ang kaayusan at kaligtasan ng mga Pilipino. The post BBM pinasalamatan buong puwersa ng PNP first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

PNP nagbabala sa ‘vacation modus’, 500 katao na ang nabiktima

NGAYONG malapit na ang ang summer vacation, ingat-ingat sa mga modus! Kamakailan lang, nagbabala ang Philippine National Police (PNP) kaugnay sa tinatawag na “vacation scam” – isang modus na ineengganyo ang mga mabibiktimang kliyente sa pamamagitan ng travel packages na inaalok sa mababang presyo. Ayon sa tagapagsalita ng PNP na si Col. Jean Fajardo, ang.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 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

Biz Bureau surpasses 43-K permit renewals

The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest

Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

BFAR: No fish kill in Pangasinan

No fish kill has been monitored in parts of western Pangasinan, the Bureau of Fisheries and Aquatic Resources clarified yesterday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Fish kill hits Pangasinan

A fish kill has been monitored in parts of western Pangasinan......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

Gaza health crisis could kill 8,000 more by August even if fighting stops – report

If the fighting continues or escalates, traumatic injuries will make up the majority of excess deaths in Gaza. But deaths from malnutrition, infectious diseases like cholera and a lack of access to care for conditions like diabetes will also kill thousands......»»

Category: newsSource:  rapplerRelated NewsFeb 21st, 2024