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Call to tax the very richest arises from their own ranks
The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640......»»
Sports brand to donate P60 for every 10 minutes of movement
Sports apparel Adidas brought back its Move for the Planet where the brand will donate up to €1.5 million (P93.6 million) for every 10 minutes of movement......»»
Gold watch of richest Titanic passenger sells for $1.46M
LONDON — A gold watch found on the body of the richest passenger on the Titanic was auctioned in England for £1.17 million ($1.46 million) on Saturday. It was a record sum for an object linked to the notorious 1912 shipping disaster, said auctioneers Henry Aldridge & Son. A US buyer won the bidding war,.....»»
Davao City among richest cities outside Metro Manila
Davao City was hailed as the ninth richest city outside Metro Manila, while Davao Oriental was the fourth fastest-growing province and highly urbanized city (HUC), based on the Provincial Product Accounts (PPA) of the Philippine Statistics Authority (PSA)......»»
Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups
Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups.....»»
Korean Health Teachers Assn. donate restroom to Sipalay school
Korean Health Teachers Assn. donate restroom to Sipalay school.....»»
Lapulapu Day marked: Marcos urges Filipinos to resist modern day oppressors
MANILA, Philippines — Filipinos are encouraged to continue to embrace the ideas of Lapulapu and the wealth of the country’s heritage by President Ferdinand “Bongbong” Marcos Jr. in his message during the commemoration of Lapulapu Day on Saturday, April 27. Marcos also urged Filipinos to continue to embrace the wealth of the country’s heritage as.....»»
On Australian TV: No ill-gotten wealth? Only a few dared to speak up in Manila
On Australian TV: No ill-gotten wealth? Only a few dared to speak up in Manila.....»»
On Australian TV: No ill-gotten wealth Only a few dared to speak up in Manila
On Australian TV: No ill-gotten wealth Only a few dared to speak up in Manila.....»»
Security Bank automates wealth management business
Security Bank Corp. has signed a five-year contract to automate its wealth management processes in line with efforts to become one of the most technologically advanced banks in the Philippines......»»
Security Bank drives digital transformation of wealth management business with Avaloq
Security Bank drives digital transformation of wealth management business with Avaloq.....»»
Ultra-high-net-worth wealth management? Make sure you re in good hands
Metrobank offers extensive wealth products and services that cater to Filipinos across all life stages—with different goals, risk appetite and financial capacity......»»
Reflections after a prison visit
Given the constraints they face, political prisoners deserve our utmost respect for choosing defiance instead of compromise and collaboration with the class enemy. They provide a dignified example of how to live a life devoted to the cause of fighting with the oppressed. Their activism is demonized and criminalized by those who see no evil in the obscene hoarding of the nation’s wealth by the elite and the exploitation of the poor and powerless by those in power. The post Reflections after a prison visit appeared first on Bulatlat......»»
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......»»
Aging poor Pinoys lack access to health coverage – ADB
“The Philippines stands out as among those with relatively low coverage of poor older people despite the Universal Healthcare Law.”.....»»
Haute summer: Store openings, pop-up stores solidify Manila’s claim as fashion capital
Here are some updates on new fashion store openings in town that further stake Manila’s claim as a budding global fashion capital, as the “world’s richest man in fashion” Bernard Arnault, Chairman and Chief Executive Officer of Louis Vuitton Moet Hennessy (LVMH), believed Manila would be......»»
TURNING POINT: Too Poor Against Poverty
NAAWAN, Misamis Oriental (MindaNews / 06 March) – Poverty is unquestionably the key driver of human trafficking. Crime syndicates, including religious groups, use the poor to advance their interest. Traffickers exploit women and children from rural communities, conflict- and disaster-affected areas, and impoverished urban centers in sex trafficking, forced domestic work, forced begging, and other […].....»»
Fish dealers cry for help amid ‘poor conditions’
Fish dealers cry for help amid ‘poor conditions’.....»»
Health workers grapple with understaffing, poor protection
Jao Clumia of the AHW said, the prolonged delay in receiving these benefits affects the morale and service of healthcare workers. They feel disheartened, leading to the exodus of frontline workers. The post Health workers grapple with understaffing, poor protection appeared first on Bulatlat......»»
Badian canyoneering death puts poor communication signal in focus
Badian canyoneering death puts poor communication signal in focus.....»»