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List or sell? PLDT weighs options on data centers
Telco-to-tech provider PLDT Inc. is open to the possibility of listing a real estate investment trust in the Philippine Stock Exchange, eyeing to raise fresh capital from its data center business for debt payments......»»
Creamline banks on championship experience, trust amid threat to PVL title defense
The Creamline Cool Smashers are fighting an uphill battle as they attempt to keep their PVL All-Filipino championship on their side amid intense competition in the 2024 PVL All-Filipino Conference semifinals......»»
Poll: Pinoys trust United States the most; China least trusted
Filipinos continue to distrust China amid the ongoing conflict in the West Philippine Sea, with most saying the country should not align itself with Beijing, a recent poll found......»»
BTS agency files complaint against subsidiary head over breach of trust
The South Korean agency behind K-pop sensation BTS on Thursday filed a legal complaint against its powerhouse subsidiary's head for allegedly orchestrating a plan to break away from the parent company......»»
Pope Francis trusted by 71% of Filipinos — survey
According to think-tank Oculum Research Analytics, Pope Francis enjoys a high level of trust dye to his "global reputation for humility, compassion and progressive views on various social issues.".....»»
Sara thanks Marcos for ‘continued trust’
Vice President and Education Secretary Sara Duterte thanked President Marcos for still trusting her amid calls for her resignation as Department of Education chief by several lawmakers......»»
SM Prime defers $1 billion IPO of REIT unit
There will be no initial public offering happening this year for the real estate investment trust of Sy-led integrated property developer SM Prime Holdings Inc......»»
Megaworld raises P500 million from sale of MREIT shares
Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»
Value of trust
Rarely does a team, whether in the NBA or PBA or whatever league, generate 80 percent of its offense from the bench. But last Sunday, Magnolia’s relievers scored 86 points in the Chicken Timplados Hotshots’ 107-93 win over Phoenix in the PBA Philippine Cup at the Ninoy Aquino Stadium......»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»
Declining public trust: Long list of problems in PCSO
FOR THOSE willing to play the odds, the small price of a lottery ticket holds up the magic power of possibility, the freedom from financial worries and deprivation, the dream of a different life come true. The little bit of chance enlivens with its promise of relief from the burdens of poverty or for those who are not poor, for more of the good life. Filipinos have embraced the Lotto. It is part of national life......»»
SSS taps Metrobank to manage P1.5 billion fund
Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»
Team spirit pushes Dyip forward
They have high-potential talent, competitive spirit and drive. But what makes the Terrafirma Dyip click and go on a roll in the PBA Philippine Cup is firm belief they can do it and trust in one another......»»
His Peace
You will keep in perfect peace those whose minds are steadfast, because they trust in you. Isaiah 26:3.....»»
Metrobank earns record P42.2 billion in 2023
Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»
Spotting God
You will keep in perfect peace those whose minds are steadfast, because they trust in you. — Isaiah 26:3.....»»
Ricci, Leren Mae nangakong ipaglalaban ang isa’t isa; kabado sa ‘kasal’
“TRUST, open communication at walang iwanan sa anumang uri ng laban” ang ilan sa mga pundasyon ng relasyon nina Ricci Rivero at Leren Mae Bautista. Sa maikling panahon ng pagiging magdyowa nina Ricci at Leren ay may ilang lessons in love na rin silang natutunan na ginagamit nila ngayon para mas maging solid pa ang.....»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
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......»»