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Rate cut seen to boost growth

The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 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

Recto wants to expand free education

The government should make fiscal space available to expand free education in the country, according to Finance Secretary Ralph Recto, as he deviates yet again from his predecessor......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Zeinab Harake shares biggest priorities this year

The past year marked Zeinab Harake’s crossover from the digital space to the big screen, offering something different to her 14 million followers on YouTube......»»

Category: entertainmentSource:  philstarRelated NewsFeb 9th, 2024

Recto urged to pursue progressive taxes

Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Mother s Day: Angelica Panganiban, Maxine Medina share how motherhood changed them

Celebrity mothers Angelica Panganiban and Maxine Medina have seen their lives take a brief but necessary pause since becoming moms......»»

Category: entertainmentSource:  philstarRelated NewsMay 11th, 2024

Peso may outperform peer currencies this year

The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

John Arcilla says taking care of aging parents normal, natural duty  

The topic of taking care of aging parents has seen divided opinions, but for award-winning actor John Arcilla, it is a "natural and normal duty" to take care of them. .....»»

Category: entertainmentSource:  philstarRelated NewsApr 12th, 2024

BSP seen to stand pat on policy rates anew

The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Sibol exec wants improved conditions for women in esports

Esports has once been dubbed as a male-dominant industry, both in competitions and within top positions in different related organizations. Recent years have seen a shift in the role of women in the industry but like in traditional sports, the change is considered minimal, and more could be done......»»

Category: sportsSource:  philstarRelated NewsMar 25th, 2024

Sharon Cuneta, KC Concepcion still estranged; but Sharon proud of KC’s Hollywood feat

Sharon Cuneta said she has not seen daughter KC Concepcion since the “Megastar’s” “Dear Heart” concert with ex-husband Gabby Concepcion last October. .....»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Strong El Niño to end this month – Pagasa

The strong El Niño is seen to end this month, but state meteorologists warned the public that its adverse effects may continue to be felt until May......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

PH still among countries perceived to have corrupt governments

The Philippines remained among Asian countries perceived to have corrupt governments, but the “slight improvement” in the country’s ranking should be seen as “a challenge to do better and a reason for hope that the country is headed in the right direction,” according to a top Palace official. Executive Secretary Lucas Bersamin did not even.....»»

Category: newsSource:  inquirerRelated NewsFeb 4th, 2024

Trump passes major US election test with win in Iowa

Donald Trump swept to victory Monday in Iowa’s caucuses — the first vote in the US presidential race — cementing his status as the presumptive Republican standard-bearer to challenge President Joe Biden in November’s election. The former president has led polling for more than a year, but the Iowa contest was seen as the clearest.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

The Filipino Design Studio- Proudly made in the Philippines - The Manila Times

RETURNING at Mega Fashion Hall this May 2 to 9, SM Megamall's Kultura Filipino Design Studio: Made in the Philippines edition is back and bigger than ever. The event is a welcoming, community-based space that fosters connections between like-minded brands, dedicated to celebrating Filipino culture. The biggest Filipino Design Studio to date, the event is bringing together over 70 guest brands, house labels and social.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Philippines summons Chinese envoy over South China Sea water cannon attack

New Delhi [India], May 3 (ANI): The Delhi High Court has viewed that there is an urgent need to rehabilitate and relocate the Ghazipur Dairy and Bhalswa Dairy, as they are situated adjacent to the Sanitary Landfill Sites ('SLFS'). The court said that the dairies should be moved to areas where proper sewage, drainage, biogas plants, ample open space for the cattle to move around, and sufficient grazing areas are available......»»

Category: newsSource:  manilanewsRelated NewsMay 3rd, 2024

China sending probe to less-explored far side of moon

TAIPEI, Taiwan - China is preparing to launch a lunar probe Friday that would land on the far side of the moon and return with samples that could provide insights into geological and other differences between the less-explored region and the better-known near side.The unprecedented mission would be the latest advance in the increasingly sophisticated and ambitious space exploration program that is now competing.....»»

Category: newsSource:  manilanewsRelated NewsMay 3rd, 2024

An alliance for prosperity and food security

What a fruitful meeting that was in Kuala Lumpur. In the space of a few days, we were shown the potential of region-wide agriculture cooperation......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

NMP explores collaborative opportunities with LGU of Ormoc City

During the meeting, Mayor Torres-Gomez conveyed her willingness to allocate a space or lot in Ormoc to enhance the accessibility of NMP's programs and services, particularly benefiting the constituents of Ormoc City......»»

Category: lifestyleSource:  abscbnRelated NewsApr 27th, 2024

Filinvest, KMC answer rising demand for co-working spaces

Gotianun–led property developer Filinvest Land Inc. (FLI) is teaming up with global co-working space provider KMC Community Inc. to address rising demand for co-working spaces in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024