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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.....»»
PFDA commits to increased dividend payments to Treasury
Department of Agriculture’s Philippine Fisheries Development Authority announced in a statement that it would remit 75% of its dividend payouts coming from the prior 50% after Finance Secretary Ralph Recto requested the government firm to increase its remittances to the government. .....»»
MCWD told to explain ‘water shortage’ in Mandaue brgys
MANDAUE CITY, Cebu – The Mandaue City Council has requested officials of the Metropolitan Cebu Water District (MCWD) to appear in their next session to shed light on the water supply problems being experienced here. Councilor Jennifer Del Mar, the chairperson of the Committee on Disaster Risk Reduction and Management, sought the appearance of MCWD.....»»
Ministry helping improve BARMM’s business climate names 10 new officials
The Bangsamoro chief minister has filled out ten regional positions in one of the ministries under him to boost its operation as requested by business blocs enticing foreign investors to venture into viable businesses in the region......»»
Father shoots son dead for disrespecting mom in Cebu City
CEBU CITY, Philippines – He was only requested to turn off the lights of his hut, but his disrespectful response to his mother’s order ultimately led to his death. The fatal shooting of a 28-year-old jobless man by his own father in Barangay Lahug, Cebu City on Monday night allegedly stemmed from months of constant.....»»
Celebrities, over 135 ‘most requested, trending’ beauty products at Watsons PH’s first Beauty Con
TV host KaladKaren was among the many celebrities who graced and shared insights at the program of the ongoing Watsons Beauty Con in SMX Convention Center, Pasay City......»»
Senate committee seeks Quiboloy s arrest
The Senate committee on women, children, family relations and gender equality has requested the arrest of pastor Apollo Quiboloy after his repeated failure to attend a probe on the sexual abuse complaints against him and his church members......»»
Teves now on Interpol’s ‘red notice’
Expelled Negros Oriental lawmaker Arnolfo Teves Jr. has been placed on the “red notice” list of the International Criminal Police Organization, which means all member countries are requested to apprehend him, Justice Secretary Jesus Crispin Remulla said yesterday......»»
US has not yet requested Quiboloy extradition – DOJ
The Philippine government has yet to receive a request from the United States to extradite pastor Apollo Quiboloy, who is facing multiple charges of sex and labor trafficking in the US, Justice Secretary Jesus Crispin Remulla said yesterday......»»
DavNor vice guv denies involvement in ayuda scam
The Vice Governor of Davao del Norte has denied any involvement in the alleged ayuda scam following claims made during a Senate hearing chaired by Senator Ronald Bato Dela Rosa. The hearing revealed that public officials in Davao de Oro and Davao del Norte were linked to illegally using cash assistance from the Department of Social Welfare and Development (DSWD) and funds from the Department of Labor and Employment (DOLE) for political campaigns. Vice Governor De Carlo Oyo Uy refuted the allegations, stating that there is no truth to the claims. In response, Governor Edwin Kuya Gov Jubahib emphasized that he was protecting the welfare of his constituents and the country's budget. He called for the punishment of those involved. The governor had previously requested an investigation into the ayuda scam after individuals in the provinces received less than the intended assistance. The vice governor announced plans for a separate investigation to clear his name and clarified that the DSWD is solely responsible for the identification, assessment, validation, and distribution of cash assistance to beneficiaries......»»
Greenergy’s property dividend of ANI stock still with SEC for approval
As requested by the PSE, Greenergy provided an update on GREEN’s proposed property dividend of AgriNurture shares to GREEN shareholders of record as of June 30, 2023......»»
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......»»
TAPE files TRO vs Eat Bulaga court order
Television and Production Exponents Inc. (TAPE) filed a temporary restraining order (TRO) and requested for a preliminary mandatory injunction regarding a court's decision on the "Eat Bulaga" trademark......»»
Ian Veneracion P500k ang TF kada 2 oras, sey ng direktor: OA naman!
NAGLABAS ng saloobin ang writer-director na si Ronaldo Carballo ukol sa nalaman niyang talent fee ng aktor na si Ian Veneracion sa tuwing maiimbitahan ito sa mga pista sa probinsya. Sa kanyang Facebook post ay isiniwalat niyang mahal pala ang rate nito para magkaroon ng public appearance. “Requested sya [Ian Veneracion], kaya kinukuha sya ng.....»»
Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024
Sun Savings Bank achieves P79M net income, expands consumer loan offerings for 2024.....»»
Jollibee Q1 profit: P2.6-B (up 27%)
Jollibee posted a Q1 net income attributable of P2.6 billion, up 27% from its Q1/23 net income attributable of P2.1 billion.....»»
AREIT s Q1 net income up 45%
AREIT s Q1 net income up 45%.....»»
Jollibee s net income at P2.6B
Jollibee s net income at P2.6B.....»»
Under Armour Clearance Sale on May 15 to 19 - manilastandard.net
Under Armour Clearance Sale on May 15 to 19 manilastandard.net.....»»
Philippines FDI net inflows grow by 29.3 pct in February
MANILA, May 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 29.3 percent in February to reach 1.4 billion U.S. dollars, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) attributed the surge in FDI inflows in February to the 927.3 percent expansion in nonresidents' net investments in equity capital, excluding reinvestment of earning.....»»