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Philippines FDI net inflows drop by 29.6 pct in October
MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»
Stalwarts collide as ICTSI Luisita International tees off
The ICTSI Luisita Ladies International 2024 blasts off in an electrifying showdown of precision and putting prowess among stalwarts from the LPGA of Taiwan (TLPGA), formidable contenders from the Thai LPGA, and homegrown talents......»»
Former champs, rising aces rumble in TCC Invitational
The set is stage for a compelling clash of will and character as The Country Club Invitational reels off today, where former champions, emerging stars and the Top 30 players from last year’s Philippine Golf Tour Order of Merit battle in a survival of the fittest at the TCC course here......»»
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......»»
Get your crowns ready: SIX the Musical hitting Manila in October
The award-winning production "SIX the Musical" will be staged in the Philippines this October......»»
Van der Valk eyes 3-peat as TCC Invitational tees off
Bracing himself for a grind, Guido van der Valk has dedicated significant effort honing his skills in preparation for his title defense in The Country Club Invitational, which gets going January 23 at the TCC in Canlubang......»»
LANY to return to Philippines in October 2024
Pop-rock band LANY fulfilled their promise to return to Manila as they announced that they will bring their "A Beautiful Blur World Tour" to Philippine Arena on October 12. .....»»
Rising tennis talents eye top finish in PPS Paulino tourney
The Mayor Rolen Paulino Jr. National Juniors Tennis Championships kick off in Olongapo City Thursday, drawing the nation’s top and rising young talents to compete for honors and valuable ranking points across nine age categories......»»
Remolino, Alcoseba are top Pinoy finishers in Subic Bay Triathlon
CEBU CITY, Philippines — Cebu’s triathlon aces Andrew Kim Remolino and Raven Faith Alcoseba emerged as the top Filipino finishers in the 2024 Asia Triathlon Cup Subic Bay on Saturday, May 4, in Subic, Zambales. Remolino, a double-silver medalist of the Southeast Asian Games (SEAG), finished 13th overall among 53 other triathletes from Australia, South.....»»
CVIRAA 8-ball billiards tourney starts at Il Corso
CVIRAA 8-ball billiards tourney starts at Il Corso.....»»
1st Vice Gov. Jeffrey Ferrer Cup 10-Ball Open tourney
1st Vice Gov. Jeffrey Ferrer Cup 10-Ball Open tourney.....»»
Landslide survivor: Where can I get my son’s death certificate?
MACO, Davao de Oro (MindaNews. 11 February) — Ten minutes before 10 a.m. on Sunday, Julius Sandolan, 36, mustered what’s left of his strength to go to the reception area of the Incident Command Post and ask in Cebuano: “Asa mangayo ug death certificate?” (Where can I get a death certificate?) Days after staring into […].....»»
5 Tech Tips to Smartify Your New House
A smart home or condo is one where you can control nearly all aspects with a smartphone or command directed at your smart assistant. It’s easy to get lost in the details, but here are five tips so you can get started on the Internet of Things. Upgrade Where You Can Roam around the house […] The post 5 Tech Tips to Smartify Your New House appeared first on Kagay An......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Gilas Pilipinas aces 1st test of 4-year quest with 30-point rout of Hong Kong
Banking on a big third quarter, Gilas Pilipinas pulls away from Hong Kong for a rousing start in the FIBA Asia Cup Qualifiers.....»»
Lady Spikers sweep Blue Eagles for share of top spot
The twice-to-beat race is heating up, as the La Salle Lady Spikers forced a three-way tie for the top spot of the UAAP Season 86 women's volleyball tourney with a 25-12, 25-12, 25-18 sweep of rivals Ateneo Blue Eagles Sunday at the Smart Araneta Coliseum......»»
How to get a passport: A first-timer’s guide
CEBU CITY, Philippines –Ever found yourself caught in the bureaucratic loop of needing a valid ID to get another form of ID? Imagine this, you need an ID to get another ID, but to get that first ID, you need… you guessed it, another ID. It’s like a modern-day puzzle that leaves us all scratching.....»»
Balai off to a hot start with higher income
Listed bakery operator Balai ni Fruitas Inc. is off to a hot start in 2024, with net income surging by 38 percent to P13.2 million in the first quarter......»»
Ababa seizes lead as Davao aces make move
Jhonnel Ababa charged to the top with a two-under 70 in another challenging day at the Apo course here yesterday, grabbing a one-stroke lead over Korean Gwon Minwook halfway through the 2024 ICTSI Apo Golf Classic......»»
Filipina aces stay in hunt in Arizona Golf Classic
Clariss Guce sizzled with a two-eagle feat, propelling her to a remarkable six-under 65 and moving within three strokes off American Dana Fall midway through the Carlisle Arizona Women’s Golf Classic in Scottsdale, Arizona......»»