Business

LTO Appoints Youngest Executive Director in History
23
Jun
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Business, News Alert,

LTO Appoints Youngest Executive Director in History

In a historic move, the Land Transportation Office (LTO) has appointed 35-year-old lawyer Gregorio Pua Jr. as its youngest Executive Director. The appointment, made by President Ferdinand Marcos Jr., marks a significant milestone for the agency as it continues to modernize and innovate its operations. LTO Chief Vigor Mendoza II expressed enthusiasm about Pua's appointment, highlighting his extensive experience in both private and government sectors. "Gregorio's background, including his role as LTO’s chief legal consultant, will be invaluable in advancing our projects and reform programs," Mendoza stated. Pua's impressive resume includes degrees in legal management and law from San Beda…
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VP Sara Under Fire: Brosas Demands Answers on DepEd Budget Use
22
Jun
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Business

VP Sara Under Fire: Brosas Demands Answers on DepEd Budget Use

MANILA, Philippines — Vice President Sara Duterte is facing mounting pressure to explain the use of the Department of Education (DepEd) budget, with Representative Arlene Brosas demanding a thorough accounting amid concerns over the country's educational performance. Brosas highlighted the urgency of Duterte’s presence in the upcoming national budget deliberations, pointing out that the Philippines recently ranked among the lowest in creative thinking in the Program for International Student Assessment (PISA) test. “VP Sara Duterte is not off the hook yet with the approaching national budget deliberations. We need to scrutinize the poor performance of the Department of Education and…
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President Marcos Declares June 24 a Special Non-Working Holiday in Manila
19
Jun
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Business, News Alert, Politics,

President Marcos Declares June 24 a Special Non-Working Holiday in Manila

June 19, 2024 - MANILA, Philippines — In a recent announcement, President Ferdinand "Bongbong" Marcos Jr. has declared June 24, 2024, a special non-working holiday in Manila. This declaration comes as the city prepares to celebrate the 453rd founding anniversary of Manila, known locally as "Araw ng Maynila." The holiday aims to provide the residents of Manila with an opportunity to participate in various commemorative activities and events planned for the occasion. "Araw ng Maynila" is a significant event in the city's calendar, marking its rich history and cultural heritage. In his proclamation, President Marcos emphasized the importance of honoring…
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Guo Responds to Bersamin: “Baseless Accusations Aimed at Tarnishing My Reputation”
19
Jun
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Guo Responds to Bersamin: “Baseless Accusations Aimed at Tarnishing My Reputation”

June 19, 2024 - MANILA, Philippines — Suspended mayor Alice Guo of a Tarlac town has fired back at recent allegati June 19, 2024 - MANILA, Philippines — Suspended mayor Alice Guo of a Tarlac town has fired back at recent allegations made by Executive Secretary Lucas Bersamin, asserting her innocence and denying all accusations against her. In a letter dated June 18, Guo directly addressed Bersamin, stating, "Mariin kong pinabubulaanan ang anumang pagkakasangkot sa mga umano’y kaso ng kidnapping, illegal detention o human trafficking. Ang mga paratang na ito ay ganap na walang batayan at walang kahit anong katotohanan."…
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Ukraine Issues Warning: Brace for Severe Power Cuts in the Coming Weeks
17
Jun
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Ukraine Issues Warning: Brace for Severe Power Cuts in the Coming Weeks

June 17, 2024 KYIV, Ukraine — The Ukrainian government has issued a stark warning to its citizens, alerting them to the possibility of severe power cuts intensifying over the coming weeks. The Ministry of Energy announced today that ongoing challenges, including infrastructure damage and energy supply disruptions caused by a string of Russian attacks, could lead to extended outages affecting millions across the nation. President Zelensky's Statement President Volodymyr Zelensky highlighted the dire situation earlier this month, noting that the aerial bombardments have halved the country's electricity production compared to a year ago. "The aerial bombardments have halved the country’s…
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AOCC Exec: Alice Guo Potentially Facing Human Trafficking Charges
17
Jun
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Business, Politics

AOCC Exec: Alice Guo Potentially Facing Human Trafficking Charges

June 17, 2024 MANILA, Philippines — Alice Guo, the suspended mayor of Bamban town in Tarlac, may face human trafficking charges this week, according to an official from the Presidential Anti-Organized Crime Commission (PAOCC). PAOCC spokesperson Winston Casio disclosed that Guo could be held liable due to her partial ownership of properties where alleged human trafficking activities occurred. Details of the Investigation Casio explained on ANC's Headstart on Monday that the PAOCC has gathered substantial evidence linking Guo to human trafficking activities. "We are very confident that we will be able to file human trafficking charges against the embattled Mayor…
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Fate, Love, and Intrigue: Unraveling ‘The Adjustment Bureau’ on Netflix
17
Jun
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Business

Fate, Love, and Intrigue: Unraveling ‘The Adjustment Bureau’ on Netflix

The Adjustment Bureau (2011) Genre: Sci-Fi, Romance, Thriller Director: George Nolfi Cast: Matt Damon, Emily Blunt, Anthony Mackie, John Slattery, Terence Stamp Runtime: 1h 46m Available on: Netflix Review: "The Adjustment Bureau" is an intriguing blend of science fiction, romance, and thriller, directed by George Nolfi and based on a short story by Philip K. Dick. The film stars Matt Damon as David Norris, a charismatic politician, and Emily Blunt as Elise Sellas, a talented dancer. Their chance meeting sets off a chain of events that challenges the boundaries of fate and free will. Plot and Themes: The story revolves…
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Foreign Debt Soars to $128.7 Billion in Q1: What’s Next for the Economy?
16
Jun
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Foreign Debt Soars to $128.7 Billion in Q1: What’s Next for the Economy?

Manila, Philippines - June 17, 2024 The Philippines' foreign debt has soared to a new peak of $128.69 billion in the first quarter of 2024, marking an 8.3% increase from the same period last year, according to data released by the Bangko Sentral ng Pilipinas (BSP). This surge reflects heightened borrowing activities by both private sector banks and the national government from offshore creditors. Key Developments Private Sector Impact: Private sector banks drove the debt increase with net availments of $2.1 billion, primarily for general corporate expenditures, refinancing of borrowings, and liquidity needs. Government Borrowing: The national government also contributed…
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Jackpot Fever: Lotto Prize Soars to ₱138,242,942 – Who Will Be the Next Lucky Winner?
16
Jun
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Jackpot Fever: Lotto Prize Soars to ₱138,242,942 – Who Will Be the Next Lucky Winner?

Manila, Philippines - June 17, 2024 The excitement is palpable as the Philippine lotto jackpot reaches an astounding ₱138,242,942 for the upcoming draw. With no winner in the previous draw, the prize has rolled over, capturing the attention of hopeful participants nationwide. Recent Developments In the last draw held on June 14, 2024, no ticket matched the winning combination, causing the jackpot to swell to its current figure. Lotto outlets across the country have reported a significant increase in ticket sales as Filipinos from all walks of life dream of winning the life-changing amount. Public Reaction The burgeoning jackpot has…
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LTO to File Charges Against Driver of Illegal ‘Colorum’ Van in Laguna
15
Jun
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LTO to File Charges Against Driver of Illegal ‘Colorum’ Van in Laguna

In a decisive move to enforce transportation regulations, the Land Transportation Office (LTO) announced today its plans to file charges against the driver of an illegal 'colorum' van operating in Laguna. This action follows a recent crackdown on unregistered and unauthorized public utility vehicles in the region. The driver, whose identity has not yet been disclosed, was apprehended during a routine inspection conducted by the LTO in collaboration with local law enforcement agencies. The van, found to be operating without the necessary permits and licenses, was immediately impounded. LTO Chief, Atty. Edgar Galvante, emphasized the agency's commitment to ensuring the…
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