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SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
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......»»
SEC issues cease and desist order vs bogus Ayala Group
SEC issues cease and desist order vs bogus Ayala Group.....»»
5 ka riders naangol sa aksidente sa motor
5 ka riders naangol sa aksidente sa motor.....»»
San Carlos prohibits motorcycle riders from wearing helmets
San Carlos prohibits motorcycle riders from wearing helmets.....»»
Travel agencies group warns about cheap, illegal operators
The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»
SEC orders Infinity8 to halt operations
The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»
Warning Out on Cancer-Causing Cadmium in Lucky Charm Bracelets
Quezon City. The toxics watchdog group EcoWaste Coalition is warning luck seekers from buying charm bracelets adorned with metal components containing extremely high concentrations of cadmium, a chemical that is linked to various types of cancer. The group, which has been campaigning against toxic metals like cadmium, lead, mercury and other chemicals of concern, made […].....»»
Polish PM Tusk issues warning about Europe entering pre-war era
Polish Prime Minister Donald Tusk has issued a stark warning about the growing tension in Europe, stating that the continent is now in a “pre-war.....»»
Multiple measles outbreaks cause CDC to issue warning
Title: CDC Issues Warning as Measles Cases Surge in Several US States Date: [Enter Date] Source: The Daily Guardian The Centers for Disease Control and.....»»
VP Sara mum on political issues
AMID the current political issues Vice President Sara Duterte is facing due to her stand on national issues, she has not discussed it with her father, former President Rodrigo Duterte nor with her UniTeam running mate, President Ferdinand “Bongbong” Marcos Jr......»»
Tsunami warning raised for 4 northern Luzon areas following Taiwan quake
The Philippine Institute of Volcanology and Seismology has raised a tsunami warning over four areas in northern Luzon after a powerful earthquake rattled Taiwan early Wednesday morning......»»
Tsunami warning cancelled after Taiwan earthquake
The tsunami warning issued for several coastal provinces in the Philippines has been cancelled following a strong earthquake that struck Taiwan on Wednesday......»»
UP warning vs ‘kalye surveys’ recirculates online
A warning by the University of the Philippines School of Statistics against the proliferation of surveys with unclear methodologies has recirculated online amid the declaration of several personalities of their potential candidacies in next year’s elections......»»
Warning anew on man-made disease, another mutation, etc.
Warning anew on man-made disease, another mutation, etc......»»
Valentine’s Day warning: Avoid falling for love scams
Valentine’s Day warning: Avoid falling for love scams.....»»
Western Australia in ‘extreme’ heatwave, raising bush fire risk
SYDNEY — Parts of Western Australia were gripped by an “extreme” heatwave on Saturday, raising the risk of bushfires in the vast state, the nation’s weather forecaster said. The Bureau of Meteorology had an “extreme heat-wave warning” in place on Saturday for the remote Pilbara and Gascoyne areas of Australia’s largest state, warning temperatures there.....»»
NTC eyes emergency warning broadcast system on digital TV
Early warning broadcast system is planned to be integrated into digital television formats, the National Telecommunications Commission said on Tuesday......»»
Swedens Defense Ministry Causes Panic with Dire War Warning – The Daily Guardian
Title: “Swedish Defense Officials Warn of Impending Conflict as NATO Membership Looms” In a shocking revelation, Swedish defense officials have issued a warning regarding the.....»»
SEC issues CDO vs bogus Ayala group
The Securities and Exchange Commission has issued a cease and desist order versus groups using the name of Ayala Corp. to illegally solicit investments......»»