We are sorry, the requested page does not exist
Calls for probe, shutdown of mining firm grow after Davao de Oro landslide
'Apex Mining and other mining companies in Mindanao have clearly endangered the lives of hundreds,' says activist Jon Bonifacio of the Kalikasan People's Network for the Environment.....»»
House panel to summon Quiboloy, warns of arrest
The House of Representatives committee on legislative franchises yesterday decided to issue a subpoena to Pastor Apollo Quiboloy with regard to the defiant stance of his Sonshine Media Network International despite a temporary shutdown order for violations of its legislative franchise. .....»»
As door closes for Sky, window opens for Converge
Is cable TV in the Philippines dead? Broadband provider Converge ICT Solutions Inc. thinks otherwise, as it plans to even expand its presence in the pay TV segment with the impending shutdown of a major player......»»
CNN Philippines tuluyan nang nag-‘shutdown’, nalugi ng mahigit P5-B
MAGSASARA na ang CNN Philippines. Ang malungkot na balita ay opisyal nang inanunsyo ng nasabing free-to-air television network ngayong araw, January 29, sa social media. “CNN Philippines will discontinue operations on all media platforms effective Wednesday, Jan. 31,” sey sa Facebook post. Kasabay niyan ay lubos nilang pinasalamatan ang lahat ng staff, partners, at viewers.....»»
CNN Philippines announces closure due to financial losses
The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»
CNN Philippines shutting down as losses exceed P5B
MANILA —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»
CNN Philippines shutdown rumors circulate amid financial troubles | The wRap
The wRap highlights: CNN Philippines, Kris Aquino, Oppenheimer.....»»
Kinuriskuris: Old Landmark
Aldevinco Shopping Center had been one of the most prominent landmarks in downtown Davao City for five decades until it was shutdown in 2021. Today, it is overshadowed by towering condominium buildings. Sketch by Keith Bacongco (Kinuriskuris is the urban sketching page of Mindanawon journalist Keith Bacongco. Kinuriskuris is Hiligaynon word for doodles)......»»
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......»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
Asian Study Reveals Endocrine-disrupting Chemicals Found in Personal Care Products from the Philippines
In a press briefing in time for the observance of World Consumer Rights Month, BAN Toxics, a chemical and waste management NGO, discloses the findings of recent laboratory testing indicating the presence of parabens, triclosan, and triclocarban, classified as endocrine-disrupting chemicals (EDCs), in personal care products sold in the country. The result underscores potential health risks for.....»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
Fight vs inflation far from over – BSP
Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»
Rate cut seen to boost growth
The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»
Philippines resupply boat heavily damaged
Again, using water cannons and executing dangerous maneuvers, the Chinese coast guard made another attempt yesterday to block Filipino vessels from resupplying a military outpost on the BRP Sierra Madre in Ayungin Shoal, causing “major damage” and triggering condemnation from the US, the European Union and Japan......»»
Philippines resupply boatheavily damaged
Again, using water cannons and executing dangerous maneuvers, the Chinese coast guard made another attempt yesterday to block Filipino vessels from resupplying a military outpost on the BRP Sierra Madre in Ayungin Shoal, causing “major damage” and triggering condemnation from the US, the European Union and Japan......»»
Why Trump May Benefit from Truth Social Stock Market Merger
A recent study has shed light on the negative effects of excessive screen time on children’s development. Researchers have found that children who spend extended.....»»
Market extends rally on positive investor sentiment
The stock market extended its rally to a fourth straight session yesterday, buoyed by positive cues from both domestic and abroad, analysts said......»»
Asialink loan releases jump 38% to P12.6 billion
Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»
Metrobank sees BSP rate cuts in Q4
Metropolitan Bank & Trust Co. expects the Bangko Sentral ng Pilipinas (BSP) to start cutting interest rates in the fourth quarter and maintain a restrictive policy environment for the most part this year amid upside risks to inflation......»»