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Managing inflation crucial for macroeconomic stability
Managing inflation crucial for macroeconomic stability.....»»
The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Changing Your Mindset on Money
Changing your mindset on money is not all about being able to budget your monthly income, as there are more scenarios that need thorough thinking. Here are two pivotal aspects: the art of saving over spending and the ability to discern needs from wants through strategic investments. Embracing the Savings Mindset Financial stability requires a […].....»»
FPRRD opposes disguised Charter change initiative
Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»
Philippine president leaves for Vietnam for 2-day state visit
MANILA, Jan. 29 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos left for Vietnam on Monday for a two-day state visit to boost cooperation. "Maritime cooperation will be one of the cornerstones of the strategic partnership which we are going to forge, and we hope to strengthen this aspect during my visit to promote peace and stability in our region," Marcos said in his departure speech. He adde.....»»
Rare beetle discovered in Mt. Hamiguitan sanctuary
In a recent discovery, a rare long-horned beetle, Paraskeletodes hamiguitanensis, was found in the Mount Hamiguitan Range Wildlife Sanctuary (MHRWS) in Davao Oriental. The beetle was unearthed during a scientific expedition led by the Provincial Government of Davao Oriental and conducted by a team from Davao Oriental State University (DOrSU). Dr. Milton Medina, a Filipino coleopterist, confirmed the uniqueness of P. hamiguitanensis through careful morphological examination, highlighting distinct differences from its closely related counterpart found in Sulawesi, Indonesia. The discovery sheds light on the limited knowledge of beetle taxonomy in the Philippines and underscores the need for increased scientific and conservation efforts in biodiversity hotspots like the Philippines and Sulawesi. Concerns were raised about the global trade of beetle species and the rapid loss of forest cover in the Philippines, emphasizing the vital role of protected areas like Mt. Hamiguitan as essential sanctuaries for biodiversity. The researchers emphasized the need for cooperation with DENR-Davao in promoting biodiversity conservation and encouraged young scholars to explore beetle taxonomy. The discovery of P. hamiguitanensis and several other beetle species in the area underscores the rich biodiversity of Mt. Hamiguitan, with ongoing research aiming to describe more species and uncover many undiscovered ones in the region......»»
6 Tips for Independent Bloggers to Make Their Websites More Lucrative
The 21st century is an era dominated by the internet and all things digital. Thus, it is also an era filled with opportunities for bloggers to secure the stability of their careers. One such opportunity is capitalizing on the profitability of their websites. If you’re a blogger yourself, making your website more lucrative can provide […].....»»
Philippines Sees Improvements in Jobs, Setting a Positive Tone for 2024
New insights from The Market Call paint a hopeful picture for the Philippines, especially in job opportunities and economic stability, pointing to a promising start in 2024. In December, a significant number of people, a whopping 50.5 million, found jobs, and the number of those without jobs hit a record low of 1.6 million, making […].....»»
Xinhua world news summary at 0730 GMT, Jan. 29
MANILA -- Philippine President Ferdinand Romualdez Marcos left for Vietnam on Monday for a two-day state visit to boost cooperation. "Maritime cooperation will be one of the cornerstones of the strategic partnership which we are going to forge, and we hope to strengthen this aspect during my visit to promote peace and stability in our region," Marcos said in his departure speech. (Philippines-Vietnam-Visit).....»»
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......»»
PH highlights need for stable environment for e-commerce
PH highlights need for stable environment for e-commerce.....»»
No rice subsidies, cash assistance for El Niño-stricken local food producers – KMP
By ZYSA MEI ELLORAN Bulatlat.com MANILA – The farmers are hungry. This is the sentiment of Filipino farmers as they continue to call for government support having suffered the worst impacts of the El Niño phenomenon, resulting in heavy losses in their livelihood. “Farmers need an urgent and concrete response from the government. Farmers need… The post No rice subsidies, cash assistance for El Niño-stricken local food producers – KMP appeared first on Bulatlat......»»
Philippines announces decisive measures amid tensions with China
Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
Addressing energy challenges in Cebu’s growing economy
A bustling hub in the Visayas, Cebu symbolizes the Philippines’ economic vitality. However, the province is confronting a significant challenge—an impending energy shortage that threatens its stability......»»
Traders list 12 initiatives to boost economy in 2024
Political stability, a globally competitive education and predictability of contracts are among the 12 initiatives that the country should undertake to strengthen the Philippine economy this year, according to an alliance of Filipino-Chinese entrepreneurs......»»
Philippines, US hold another joint activity in West Philippine Sea
Naval forces of the Philippines and the United States Indo-Pacific Command completed another joint activity in the West Philippine Sea yesterday, in what officials stressed was a show of commitment of both nations to boost regional security and stability......»»
President Marcos wants Army to bolster cybersecurity capabilities
Amid “emerging threats” to the country’s stability and sovereignty, President Marcos has called on the Philippine Army to bolster its cybersecurity capabilities and keep up with rapid technological advancements......»»
Where we stand in achieving women in/for justice in Mozambique, according to one High Court judge
To achieve justice, we need more women in the justice system. The recognition of this need is reflected in General Assembly resolution 75/274, which designates 10 March as the International Day of Women Judges.Today, we hear from Elisa Samuel Boerekamp, a High Court judge and the Director of the Centre for Legal and Judicial Training of Mozambique and a champion of equal rights a.....»»