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Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
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 […].....»»
Philippines debt declines to P14.9 trillion in March
The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»
Jobless rate eases to 3.5% in February
The country’s unemployment rate declined in February as more employment opportunities were created in the wholesale and retail trade and agriculture sectors, according to the Philippine Statistics Authority......»»
Factory gate prices ease in February
Producer prices declined at a slightly faster rate in February as electronic and food products posted slower upticks, according to the Philippine Statistics Authorit......»»
Davao Metro Shuttle declines offer to manage bus system
DAVAO CITY (MindaNews / 24 March) — The Davao Metro Shuttle Corporation has declined the offer of the City Government of Davao to operate the Davao City Public Transport Modernization Project (DCPTMP), a public mass transportation project that will replace the jeepneys with buses, an executive of the bus company said. In an interview at […].....»»
Fewer jobless Pinoys in January – DOLE
The number of unemployed Filipinos declined in January, according to the Department of Labor and Employment......»»
DENR alarmed by 82% drop in Philippine crocodile population
The population of Philippine crocodiles has declined by 82 percent, according to Secretary Maria Antonia Yulo-Loyzaga of the Department of Environment and Natural Resources......»»
Farmgate price of red onions drops to P29/kilo
The farmgate price of onions further declined to P29 per kilo compared to the previous P40 per kilo or a decrease of P11, according to farmers’ group Samahang Industriya ng Agrikultura yesterday......»»
ICC mum on drug probe, vows justice for victims
The International Criminal Court has declined to provide details about its investigation into the previous administration’s deadly campaign against illegal drugs......»»
Why Mark Bautista declined and then accepted job to direct Mr. Streisand
Known primarily as a pop singer and TV/film/stage actor, Mark Bautista is embracing the challenge of directing a unique concert that features Philippine theater's best male singers performing Barbra Streisand songs......»»
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......»»
Seafood exports from far eastern Russia soaring
The region supplied nearly 2 million tons of fish products to twenty countries last year Russia's seafood exports from the fish-rich Far Eastern Primorsky and Sakhalin regions surged by over 70% last year, data published by the Russian regulator responsible for food safety, Rosselkhoznadzor, showed on Thursday. .....»»
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......»»
Russia s seafood exports soaring
Moscow supplied nearly 2 million tons of fish products to twenty countries last year Russia's seafood exports from the fish-rich Far Eastern Primorsky and Sakhalin regions surged by over 70% last year, data published by the Russian regulator responsible for food safety, Rosselkhoznadzor, showed on Thursday. .....»»
Earth Hour electricity savings reached 132.11 megawatts – DOE
Electricity savings from last Saturday’s Earth Hour increased by 110.73 percent to 132.11 megawatts from last year’s savings of 62.69 MW, according to the Department of Energy......»»
PNP dismisses cop who fired gun outside QC bar from service
MANILA, Philippines — The Philippine National Police (PNP) has already dismissed from service Lt. Col. Mark Julio Abong — a police officer who was arrested for firing his gun outside a Quezon City bar in November last year. PNP chief Gen. Benjamin Acorda Jr. on Monday said he already signed Abong’s dismissal order last December 18 in.....»»
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......»»
First to Last Dance
San Miguel Beer head coach Jorge Gallent took over the reins from Leo Austria in the PBA Governors’ Cup last season and his baptism of fire ended in a harrowing loss to Barangay Ginebra in the best-of-five semifinals via a 3-0 sweep. Now, Gallent has returned the favor as San Miguel blanked Ginebra, 3-0, in the Commissioner’s Cup semifinals to book the first ticket to the Last Dance......»»
Demand for PCs softens last year
Issues on government procurement and a decline in corporate demand led to fewer orders for personal computers last year, a global IT market intelligence firm said......»»