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Stocks climb ahead of January inflation
The stock market started the week on a positive note as the main index stayed above the 6,700 level ahead of today’s January inflation report......»»
Tulfo’s bill seeks to impose stricter penalties for drunk drivers
MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»
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 […].....»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
31 areas, including Metro Manila, to hit dangerous heat index on May 19
State weather bureau PAGASA warned that the heat index in 31 areas across the country is expected to soar to dangerous levels on Sunday......»»
38 areas could hit danger level heat index on May 18
A total of 38 areas nationwide are expected to fall under the "danger" heat index classification on Saturday, PAGASA said......»»
Market slips from last minute selling
The Philippine Stock Exchange index (PSEi) slipped by 9.51 points, or 0.14 percent, to close at 6,618.69, while the broader All Shares index dipped by 0.37 point, or 0.01 percent, to settle at 3,524.15......»»
PAGASA: 36 areas under ‘dangerous’ heat index classification
In the latest heat index bulletin of PAGASA, it said that 36 areas in the country on Monday will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»
Metro Manila, 34 iba pang lugar asahan ang ‘dangerous’ heat index –PAGASA
MAG-INGAT ulit mga ka-BANDERA sa matinding init! Kahit umulan na ‘nung nakaraan, nagbabala ang Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) na aasahang aabot sa “dangerous” levels ang heat index sa Metro Manila at 34 pang lugar ngayong araw, May 13. Para sa mga hindi aware, ang “danger” category ay nasa pagitan ng 42°C to.....»»
Heat index in Laoag, Aparri may reach 46 °C on Sunday – Pagasa
MANILA, Philippines — Two areas, namely Laoag City in Ilocos Norte and Aparri in Cagayan, might experience the highest heat index on Sunday at 46 °C, according to the forecast of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). These places are followed by Roxas City in Capiz and Guiuan in Eastern Samar at.....»»
31 areas, including Metro Manila, face dangerous heat index on May 12
State weather bureau PAGASA warned that the heat index in 31 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Sunday......»»
27 areas to reach dangerous heat index on May 11
State weather bureau PAGASA said that the heat index in 27 areas is expected to reach the dangerous levels on Saturday......»»
Philippines manufacturing output declines in March
MANILA, May 8 (Xinhua) -- Manufacturing production in the Philippines recorded a decline in March, reversing its growth momentum in the past months, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) decreased by 1.7 percent and 0.8 percent in March.....»»
Pangasinan town implements 4-day workweek amid high heat index
Pangasinan town implements 4-day workweek amid high heat index.....»»
30 areas under ‘dangerous’ heat index classification — PAGASA
In the latest heat index bulletin of PAGASA, it said that 30 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»
DOH warns public vs heat stroke amid high heat index
DOH warns public vs heat stroke amid high heat index.....»»
Aparri, Cagayan heat index expected to hit 48°C
MANILA, Philippines — Aparri in Cagayan is expected to hit the highest heat index on Sunday at 48 degrees Celsius (°C), according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s forecast, Dagupan City in Pangasinan might also experience extreme heat at 47°C, followed by Virac in Catanduanes at 45°C. Apart.....»»
16 areas could hit danger level heat index
A total of 16 areas in the Philippines are forecast to fall under the "danger" heat index classification on Sunday, PAGASA said......»»