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Union Bank sets SRO entitlement ratio at 0.11:1
Union Bank set the price of its stock rights offering at P30.57/share, and set the entitlement ratio at 1 rights share for every 9.1382 UBP shares owned, or 0.11 new shares for every existing share......»»
‘Toxic relationship’ is why Mindanao should secede from sinking PH – former lawmaker
MANILA, Philippines — A “toxic relationship” between Mindanao and the Philippines was the reason why the former should break up with the latter. Davao del Norte 1st District Rep. Pantaleon Alvarez, a former House speaker, said this on why Mindanao should break up with the Philippines. The country was now a “sinking ship” due to.....»»
Paddleboarding: Why you should try this water sport
CEBU CITY, Philippines— How’s your balancing skill? Are you ready to test it on a paddleboard? If you’re having second thoughts, maybe you’d want to check out this episode of CDN Sportstalk, which tackles this watersport. What makes paddleboarding exciting? Well for one, it can be enjoyed on the beach, which Cebu is known for......»»
UnionBank prices SRO at P30.57 per share
Union Bank of the Philippines has set the price of its stock rights offering at P30.57 per share, below the price range of P33.73 to P38.23 per share it provided a week ago......»»
OFW aspirants told: Engage with licensed recruitment agencies only
CEBU CITY, Philippines — The regional director of the Department of Migrant Workers in Central Visayas (DMW-7) warned aspiring Overseas Filipino Workers (OFWs) to engage with only legitimate and licensed recruitment agencies. Lawyer Karl Arriola, DMW-7 director, told CDN Digital that even if he was a lawyer, he still subscribed to the doctors’ advice: Prevention.....»»
Metro Cebu will have generally fair weather until weekend — Pagasa Mactan
CEBU CITY, Philippines — Metro Cebu will experience “generally fair weather” until Monday, March 4, according to a weather specialist in Mactan. Jhomer Eclarino, weather specialist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) in Mactan, confirmed this to CDN Digital on Thursday, February 29. Eclarino said that the temperature will range from.....»»
Chinese New Year: The faith there is inside Cebu’s Taoist Temple
CEBU CITY, Philippines – “Patience is indeed a virtue; with it comes greater power.” This proverbial phrase holds a valuable weight in Chinese culture, particularly in matters of faith and religion, where many believe in the transformative power of patience. In celebration of Chinese New Year on Saturday, February 10, CDN Digital did a quick.....»»
More king cobra sightings reported in Asturias, Toledo in Cebu
CEBU CITY, Philippines – Two more sightings of king cobras, locally known as “banakon,” were reported in different areas in Cebu: one in Asturias and another in Toledo City on Thursday, February 8. In a Facebook post by CDN Digital detailing the timeline of king cobra sightings in Cebu on February 8, several local residents.....»»
PSA-7: Report to us if PhilSys ID not accepted
CEBU CITY, Philippines — The Philippine Statistics Authority in Central Visayas (PSA-7) urged Philippine Identification System (PhilSys) ID holders to report to the agency if some entities do not accept their IDs. PSA-7 chief administrative officer of Edwina Carriaga told CDN Digital in a phone interview that the agency is urging PhilSys ID (National ID).....»»
Man jailed for stealing items from school
CEBU CITY, Philippines — A 26-year-old man landed in jail after being caught stealing from an elementary school in Barangay Langtad, Naga City, Cebu, early Wednesday morning, March 20, 2024. The suspect was identified as Angelito Cudias Apeliano, 26, an unemployed resident of Barangay Pasil, Santander, Cebu. In a phone interview with CDN Digital, Police.....»»
PhilSys ID registration now open for kids under 4 years old
CEBU CITY, Philippines — Children up to four years old can now sign up for their Philippine Identification System (PhilSys) ID, according to an official from the Philippine Statistics Authority in Central Visayas (PSA-7). Edwina Carriaga, the chief administrative officer of PSA-7, told CDN Digital that parents don’t need to bring their children to the registration.....»»
Senior citizens in Cebu City to receive cash aid starting March 21
CEBU CITY, Philippines — Around 90,500 Cebu City senior citizens are eligible to receive their cash aid for the first quarter of 2024 starting March 21, according to the head of the agency overseeing the affairs of the city’s elders. OSCA Head, Lawyer Homer Cabaral, told CDN Digital in an interview on Thursday, March 14,.....»»
Newly endorsed CBRT manager Jongoy awaits formal appointment
CEBU CITY, Philippines — The newly endorsed Cebu Bus Rapid Transit (CBRT) manager, Lawyer Kent Francesco Jongoy, said he’ll assume the role once formally appointed. Jongoy, also the legal officer of the Cebu City Transportation Office (CCTO), clarified this in a phone interview with CDN Digital. His response came after CBRT’s statement on their Facebook page.....»»
Rama refuses to comment on potential 2025 mayoral foes
CEBU CITY, Philippines – Cebu City Mayor Michael Rama said he has no plans to comment on personalities expressing interest in running for mayor in the 2025 midterm elections. “I do not want to comment. I rather wait for the filing of the certificate of candidacy,” Rama told CDN Digital on Saturday, February 10. In.....»»
Tallo mum on Converge FiberXers contract termination
CEBU CITY, Philippines—Cebuano cager Mac Tallo kept mum on The Converge FiberXers’ announcement to terminate his contract with them in the Philippine Basketball Association (PBA). CDN Digital reached out to Tallo but he decided not to speak about the issue. On Wednesday, February 7, The Converge FiberXers released a statement announcing their termination of Tallo’s.....»»
Fireworks light up skies for Sinulog 2024 celebration
CEBU CITY, Philippines—Fireworks lit up the skies around Cebu City Sunday night, January 21, 2024, at the close of the Sinulog Festival 2024 celebration. Noted photographer John Velez captured the Sinulog fireworks display near a mall in uptown Cebu City while the CDN Digital team captured the display at the SRP, where the Sinulog Grand.....»»
Sinulog Cup 2024: Znars Jewelry-Marawi City to feature veteran players
CEBU CITY, Philippines—The Znars Jewelry-Marawi City will field a line-up composed of veteran commercial players for the Sinulog Cup 2024 Basketball Tournament. The Sinulog Cup tips off Tuesday, January 23, 2024, at the Cebu City Sports Institute. Znars Marawi head coach Chelito Caro revealed the team’s official line-up to CDN Digital recently, saying it will.....»»
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......»»
Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP
With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»
Navigating the Ticketing Maze: Evaluating Digital and Hard Copy Tickets for Performances and Athletic Events
The ticketing landscape for concerts and sporting events has changed significantly in the era of digital innovation, giving customers the option of digital or physical.....»»