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EDITORIAL - Cha-cha fast break
If gathering the required number of signatures nationwide for a people’s initiative to amend the Constitution proves so easy, with the threshold allegedly already met even before the month is over and a nationwide plebiscite planned for July, the nation can be sure it will not be the last time that this mode of amending the basic law of the land will be employed......»»
People s Initiative signature drive has crossed 12% threshold, says Salceda
Salceda added that each district has already received signatures from at least 3% of their registered voters......»»
Stock market continues retreat
The stock market remained in the loss column on its return to action yesterday......»»
Woad wrests control; Malixi misses cut
England’s Lottie Woad, No. 4 in the World Amateur Golf Ranking, bucked difficult conditions at the Augusta National Women's Amateur, squeezing out a brave one-under 71 at Champions Retreat Golf Club as she grabbed the lead in Augusta, Georgia......»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 11
SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Market steps closer to 7,000 level
Investors yesterday pushed the benchmark index to within the 7,000 territory, as they opened the week making bets on local stocks ahead of the reporting February inflation......»»
Stocks to test 7,000 resistance
The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»
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......»»
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......»»
Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year
CAGAYAN DE ORO (MindaNews / 11 January) – A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000. Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»
As a new investor, how should I pick stocks to invest in?
For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»
I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare
Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»
Marbil tells cops: Stay on the righteous path
Attending his first flag-raising ceremony yesterday as chief of the Philippine National Police, Gen. Rommel Francisco Marbil called on PNP personnel to always stay on the righteous path and give the best service to the public......»»
‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2
‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2.....»»
China urges ROK to stay prudent on South China Sea issue: Chinese FM
BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»
Daluz-led MCWD board ‘to stay’
Daluz-led MCWD board ‘to stay’.....»»
Koko to pols: Stay away from ayuda distribution
Politicians should stay away from in-person distribution of ayuda or financial assistance from the government so as not to mislead the public that the aid comes from them, Senate Minority Leader Aquilino Pimentel III said yesterday......»»
Lady Knights stay hot in beach volley
Letran’s Gia Marcel Maquilang and Lara Mae Silva walloped San Sebastian’s Kat Santos and Juan May Gonzales, 21-8, 21-11, to nail their fifth win in a row and stay at the helm of NCAA Season 99 women’s beach volleyball at Subic Bay in Zambales......»»
Very low chance of rain, devotees urged to stay hydrated
Very low chance of rain, devotees urged to stay hydrated.....»»