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Usual suspects involved in onion supply, price manipulation – group
The same individuals who have been identified as involved in hoarding and manipulating the supply and prices of onions during the investigation of the House of Representatives and the Senate are the same people behind the current slump in farmgate prices of the bulbs, according to the head of a farmers’ group......»»
Road rage in Mandaue: LTO-7 to issue show cause order against drivers involved in fistfight
MANDAUE CITY, Philippines — The Land Transportation Office in Central Visayas (LTO-7) will issue show cause orders against the two drivers involved in a road rage incident in J.P Rizal St., Barangay Tabok, Mandaue City last Tuesday, Jan. 23. In a statement on Friday, Jan. 26, the LTO-7 said that the viral video reached the.....»»
53% drop in Davao City’s road accidents: DCPO-TEU
The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»
BSP officials highest paid gov t officials in 2023 — COA
Officials of the Bangko Sentral ng Pilipinas were the top highest paid officials in 2023, according to a recent report of the Commission on Audit released on Thursday......»»
New PNP Provincial Director Conducts Courtesy Calls to High Officials of the Province
After assuming the position as the new head of the Catanduanes Police Provincial Office, Police Colonel Rayan V. Ador conducted a series of courtesy calls to high-ranking officials of the province. PD Ador visited Congressman Jose Bong Teves of the TGP Partylist, Lone District Congressman Leo Rodriguez, Vice Governor Peter Cua, Governor Joseph Cua, as […] The post New PNP Provincial Director Conducts Courtesy Calls to High Officials of the Province appeared first on Bicol Peryodiko......»»
UnionBank income plummets in Q1
Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»
Russia blocks renewal of UN panel monitoring North Korea sanction compliance
At the United Nations, a recent vote on renewing a panel of experts monitoring North Korea’s compliance with international sanctions has caused tension among member.....»»
No sanctions for teacher scolding pupils — VP Sara
MANILA, Philippines — Vice President and Secretary of the Department of Education (DepEd) Sara Duterte announced on Thursday that the teacher who was seen in a viral video scolding her class will not face any penalties. According to Duterte, she just wants to remind the teacher that when she is angry, she has to pause.....»»
NAIA deal signing set in Malacañang on Monday
Diversified conglomerate San Miguel Corp. will get the blessing of no less than President Marcos in its takeover of the Ninoy Aquino International Airport as the Chief Executive is expected to witness the signing of the concession on Monday......»»
China criticises 'bewildering' US trade policies in face of curbs from Washington
Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»
Haiti: Urgent Action Needed amid Growing Lawlessness
(Washington, DC) - Haiti is on the brink of a total collapse or takeover of the state as violent criminal groups seeking to overthrow the government have attacked police officers and state institutions, including prisons, Human Rights Watch said today. The groups' actions have brought economic activity, the delivery of life-saving humanitarian assistance, and nearly.....»»
The best is yet to come
With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»
China criticises 'bewildering' US trade policies in face of curbs from Washington
Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»
Deal only with registered entities – AMLC
The Anti-Money Laundering Council (AMLC) has reminded covered persons to deal only with registered designated non-financial businesses and professions (DNFBPs), as failure to do so may lead to sanctions......»»
Jemboy mom: ‘Cop will only be jailed for years, but my son is gone forever’
The police suspects in the killing of Jemboy Baltazar all received lighter penalties. The sanctions range from acquittal to imprisonment of up to six years......»»
Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH
The takeover of Coca-Cola Beverages Philippines Inc. by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
‘Hostile takeover 101’
Never come between a sabungero and his chickens or there will be hell to pay!.....»»
The deal of the century
That is how San Miguel Corporation’s takeover of the operations and management of the Ninoy Aquino International Airport in the next 25 years turns out to be......»»
China’s Wang Yi tells Blinken US should lift sanctions on Chinese firms
The Biden administration has imposed bans on the sale of certain technologies to Chinese companies, citing national security risks.....»»