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Nearly one million tickets sold for upcoming AFC Asian Cup in Qatar
DOHA, Jan. 10 (Xinhua) -- Nearly one million tickets have been sold so far for the 2023 AFC Asian Cup which will kick off on Friday in Doha, Qatar, the Local Organizing Committee (LOC) revealed on Wednesday. "Qatar is ready to welcome the best teams from Asia to what we hope will be the best ever edition of the AFC Asian Cup. Our stadiums and sporting infrastructure are set to deliver a memorable tournament to p.....»»
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......»»
Considering a Career Change? Read this First!
A career change is a leap of faith. It is both exciting and challenging. Making a big career switch is a process that can be difficult when you don’t know where to start. In this article, we’ll help guide you to your career change. Giving you a little bit of a heads-up on what to […].....»»
Battle for crown jewel
It’s known as the PBA’s most prestigious championship and what makes this conference even more significant is the Philippine Cup stands as the last battleground of the season with the Governors’ Cup taking a break to leave the just-concluded Commissioner’s Cup the only other theater of basketball hostilities......»»
Another ugly walkout mars Sinulog Cup basketball
CEBU CITY, Philippines– Another walkout marred the already tainted Sinulog Cup 2024 Basketball Cup and this time it happened in Friday night’s semifinal round. The OCCCI Sheermasters-Ormoc marched to the championship round after the United Negros Basketball League (UNBL) All-Stars left the court with 14.7 seconds left in the game while trailing , 73-74. As.....»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Persons of interest in killing of Cebu City ex-convict identified
CEBU CITY, Philippines – The Inayawan police say they have identified two persons of interest in the fatal shooting of a 21-year-old man along the road in Tagunol, Barangay Cogon Pardo, Cebu City on Tuesday, May 7. The shooting incident happened along the road at around 6:30 p.m. The victim was identified as 21-year-old Jonar.....»»
Person of interest in stabbing of drunk e-bike driver in Talisay taken into custody
CEBU CITY, Philippines — Police in Talisay City, Cebu have taken into custody a person of interest linked to the fatal stabbing of a 32-year-old e-bike driver along the road in Barangay Dumlog, Talisay City, Cebu on early Friday morning, May 3, 2024. The stabbing attack happened at around 3:00 a.m. and authorities responded around.....»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
BSP leaves interest rates unchanged
The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»
Bank of Japan ends negative interest rate policy
Bank of Japan ends negative interest rate policy.....»»
‘Prioritize child’s interest in media coverage’
‘Prioritize child’s interest in media coverage’.....»»
74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos
74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos.....»»
Leyte barangay hall attack: Persons of interest identified
Probers have identified two persons of interest in the killing of five people, including three barangay officials, in San Isidro, Leyte on Saturday last week, the Philippine National Police (PNP) announced yesterday......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Banking 101: Unmasking Financial Lingo
Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»
Investor interest in power gaining steam – Lotilla
Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»
Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia
Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»