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SEC-Davao advises timely submission of requirements for amnesty payments

The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Spoelstra inks contract extension deal with Miami Heat

MIAMI  — Erik Spoelstra and the Miami Heat have agreed on a contract extension, ensuring that the longest-tenured coach in franchise history only keeps adding to his team records for many years to come. Spoelstra signed an eight-year extension worth around $120 million — the largest contract in NBA history in terms of total value.....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Airbnb bans use of indoor security cameras, but these devices remain permitted

Airbnb Implements New Policy Prohibiting Indoor Security Cameras In a recent announcement, Airbnb revealed a new policy banning the use of indoor security cameras in.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 12th, 2024

Moody’s: Philippines highly exposed to food security risks

Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Airspeed: Overcoming challenges to achieve success in 2024

Airspeed: Overcoming challenges to achieve success in 2024.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

‘MGEN to achieve target ahead of 2030 schedule’

Meralco PowerGen Corp. (MGen), the power generation arm of power distributor Manila Electric Co., expects to achieve its 1,500-megawatt (MW) renewable energy target ahead of 2030 schedule......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Presidential security justifies Marcos chopper use to Coldplay concert

The Presidential Security Command stepped in to address the controversy surrounding President Ferdinand Marcos Jr.'s use of a helicopter to attend the concert of British rock band Coldplay on Friday. .....»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Eating while working? Why it’s bad for your health – The Farm at San Benito doctor 

According to doctor Michelle Domalaon of The Farm at San Benito, healthy food is not enough. To achieve one’s fitness goals, she said one should also change one’s attitude toward consuming food......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

Terms of CARS extension issued within the year – DTI

Terms for the extension of an incentives program for vehicle manufacturing are expected to be released within the year, according to the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Affected residents support CCLEX bridge extension

Affected residents support CCLEX bridge extension.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 2024

Marcos: No more extension for PUV consolidation

There will be no more extension of the franchise consolidation under the Public Utility Vehicle Modernization Program after April 30, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

No more extension for PUV consolidation deadline — Marcos

President Ferdinand Marcos Jr. said that the government will not grant another deadline extension for franchise consolidation under the public utility vehicle modernization program......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

Extension sa Pasil seawall, legacy projects tinguha ni Kap. Francisco

Extension sa Pasil seawall, legacy projects tinguha ni Kap. Francisco.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

Ravens sign Justin Madubuike to four-year extension

The Baltimore Ravens have locked in one of their key defensive pieces for the foreseeable future. The team announced a four-year contract extension for defensive.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

lRT-1 Cavite extension 97% complete

The first phase of the Light Rail Transit Line 1 Cavite Extension is 97 percent complete......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Kerr misanong sa $35M nga contract extension

Kerr misanong sa $35M nga contract extension.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Kerr, Warriors agree to $35M, 2-year extension

Kerr, Warriors agree to $35M, 2-year extension.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Steve Kerr, Golden State agree to $35 million, 2-year extension, AP sources say

Steve Kerr, Golden State agree to $35 million, 2-year extension, AP sources say.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

Jeepney drivers rejoice ‘partial victory’ for phaseout extension

Jeepney drivers rejoice ‘partial victory’ for phaseout extension.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024