SC, DoJ, DILG team up to improve data sharing
THE Supreme Court, the Department of Justice (DoJ) and the Department of the Interior and Local Government (DILG) are teaming up to improve data sharing in an effort to boost the delivery of justice.
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Pangasinan provincial videographer sues Urdaneta City mayor before Ombudsman
BAGUIO CITY — A videographer of the Pangasinan Information and Media Relations Office (PIMRO) sued a city mayor before the Office of the Ombudsman for slapping him and forcibly taking his video footage last month.
Marcos sacks Immigration chief Tansingco
MANILA, Philippines — President Ferdinand Marcos Jr. has relieved Immigration Commissioner Norman Tansingco, Presidential Communications chief Cesar Chavez confirmed on Monday, September 9.
Integra Wellness Center, Ateneo GBSEALD to bring Fr. Greg Boyle’s message of healing to Philippines
MANILA, Philippines — Holistic healing and well-being center Integra Wellness Center partners with Ateneo Gokongwei Brothers School of Education and Learning Design (GBSEALD) to inspire Filipinos with the stories and lessons of Fr. Greg Boyle, a recent US Presidential Medal of Freedom awardee.
Is DDMPR in danger of missing a dividend deadline?
No, because there’s no quarterly deadline to be missed. According to Article II, Section 7 of the REIT Law, DDMP [DDMPR 1.00 unch; 35% avgVol] is only required to distribute at least 90% of its qualified distributable income by “the last day of the fifth month following the close of the fiscal year of the REIT.” We can confirm DDMPR’s fiscal year ends on December 31st by looking at the “Fiscal Year” section of DDMPR’s Company Information tab on the PSE EDGE server, so in this case the last day of the fifth month following 31 December 2024 is 31 May 2025. That’s the only legal deadline that DDMPR needs to comply with. While DDMPR distributes quarterly dividends, there are no legal deadlines that it needs to follow in terms of when these dividends are declared and paid, other than the one that applies to the entirety of DDMPR’s distributable income at the end of the year. MB BOTTOM-LINE: This question has been coming up more often because DDMPR is consistently one of the last REITs to declare its quarterly dividend. I know there’s a human impulse to attribute negative connotations to people and companies that do things “last”, but the truth here is that it is not particularly informative to investors that a particular REIT declares first, second, or last. Sure, there’s an argument that it’s better to get the money earlier rather than later. Compared to shareholders of RL Commercial REIT [RCR 5.70 ?0.9%; 177% avgVol] that already received RCR’s Q2 dividend on September 2, shareholders of DDMPR look significantly disadvantaged. But if DDMPR always declares and pays with the same lag, then it’s running the race at the same speed, just shifted by a few months. Last year, DDMPR declared its Q2 dividend on October 2 and paid out on November 29. So long as it does approximately the same this year, I don’t think there’s anything to worry about with this specific issue.
Calabarzon wage board sets timetable for new wage order
IN the next few days, the Regional Tripartite Wages and Productivity Board (RTWPB) – Region IV-A is expected to issue its latest wage order in time for the anniversary of its Wage Order No. IVA-20.
P4.39M claim vs PhilPost denied
THE Philippine Postal Corporation (PhilPost) does not have to pay the P4,368,000 claim filed by a Davao City-based information technology (IT) services provider on the ground that the person who filed the petition has no legal capacity to do so.
Press Release - WIN TRANSCRIPT | DZBB Dobol B Bantay sa Kongreso interview ni Senator Win Gatchalian hinggil sa ODA at cybersecurity
Q: Sir, bukas, ihaharap na sa inyo si dating Mayor Alice Guo. Nakaharap na sa inyo noong Mayo, dalawang beses, hindi na bumalik, nagtago na siya at ito na, sapalitan na po siyang ihaharap sa inyo. Ngayon ay ano po ang inaasahan bukas, anong maaasahan na ating mga kababayan sa pagdinig po ng Senado, kung saan nga po haharap na ulit itong si Mayor Guo, Sen. Gatchalian, Sir?