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Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
Road Warriors stop Bossing streak
The NLEX Road Warriors pulled away late and dealt the Blackwater Bossing their first loss of the PBA Philippine Cup, 103-97, Wednesday at the Philsports Arena in Pasig City......»»
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......»»
Putting woes slow down Saso; Thai sizzles
Yuka Saso carded a two-under 70 marked by moments of brilliance and struggles on the greens, trailing Thai Pajaree Anannarukarn by seven strokes at the start of the Ford Championship in Gilbert, Arizona......»»
Petecio, Villegas stay on hunt for Paris Olympic boxing berths
Nesthy Petecio used her vast experience in overcoming a slow start and outlasting a taller and upset-conscious Maud Van der Toorn of the Netherlands in their women’s 57-kilogram quarterfinal duel......»»
Magis Eagles now in Manila to start NBTC campaign
CEBU CITY, Philippines — Cebu’s Sacred Heart School-Ateneo de Cebu (SHS-AdC) Magis Eagles will start their redemption journey in the National Basketball Training Center (NBTC) National Finals on Monday, March 18, at the SM Mall of Asia Arena. The Magis Eagles are now in Manila to redeem themselves following last year’s classic double-overtime loss, 90-91,.....»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
‘Invest to generate passive income’
Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»
MPTC prefers term extension over toll hike
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»
Slower US Inflation Spurs Fed Rate-Cut Optimism
Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»
Lady Bulldogs still recovering from preseason preps, says coach
National University Lady Bulldogs head coach Norman Miguel believes his team has yet to recover from a rigorous preseason schedule as last season’s finalists appeared shaky in their first two assignments in the UAAP Season 86 women’s volleyball tournament......»»
RHI widens net loss to P360 million
The attributable net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the first quarter of its current fiscal year widened to nearly P360 million as revenues plummeted due to stoppage of its sugar and bioethanol businesses......»»
Roxas Holdings’ net loss triples to P2.2 billion
The net loss of sugar and ethanol producer Roxas Holdings Inc. more than tripled in its fiscal year 2023 as the group reeled from the closure of its milling operations......»»
Filipinas start Pinatar Cup campaign vs. Finland
CEBU CITY, Philippines— The Philippine Women’s National Football Team (PWNFT) Filipinas will start their Pinatar Cup campaign in San Pedro Del Pinatar, Spain, on February 21 (February 22 Manila Time). The Filipinas will face Finland on February 21 at 3:00 p.m. for their first match. To recall, the Filipinas finished fourth in this international women’s.....»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»
Exports expected to gradually recover this year
The Philippines is expected to see an improvement in exports this year, but the recovery would be gradual, according to think tank Oxford Economics......»»
Lapu-Lapu: 2 from city hospital fail drug test, risk termination
LAPU-LAPU CITY, Cebu – Two of the more than a hundred employees of the Lapu-Lapu City Hospital tested positive for illegal drugs use during a surprise drug test held on Friday. Garry Lao, executive director of the City of Lapu-Lapu Office for Substance Abuse Prevention (CLOSAP), said the two employees risk termination from government service......»»
Drug test: 3 Lapu CTMS employees fail random testing
LAPU-LAPU CITY, Cebu- Three Lapu-Lapu City employees tested positive in the random drug test initiated by the city’s anti-drug agency. On Monday, January 22, 115 job order employees from the city hall and traffic enforcers from the City Traffic Management System (CTMS) underwent random testing. Garry Lao, executive director of the City of Lapu-Lapu Office.....»»
SK chair, others to face road-related law violation charges
SEVERAL youths, including a Sangguniang Kabataan (SK) chairman in Malita, Davao Occidental, who were seen in a viral video over road-related law violations and reckless driving incident along the Coastal Road in Bago Aplaya, earlier this month will be put under custody in Davao City’s police offices for different charges......»»
Cebu City sets 14 road opening, widening projects worth P3.8B
CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»