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MANILA, Philippines (Updated, 6:02) — The Department of Environment and Natural Resources (DENR) said Wednesday that it had issued a closure order and a notice of violation to the administrator of a resort within the vicinity of Chocolate Hills in Bohol for operating without an environmental compliance certificate.
The recent police raid on a POGO hub in Bamban, Tarlac, underscores the ongoing threat posed by the industry to our society. It victimizes thousands of Filipino and foreign workers, including women, in various illegal activities such as human trafficking.
The increased presence of Chinese dredging vessels operating in Zambales province is a matter of serious concern. The authorities claim that the purpose is to rehabilitate the heavily silted river channels and prevent flooding, but recent news reports suggest otherwise. These vessels are extracting sand from our rivers and transporting it to the reclamation areas.
MANILA, Philippines – Motorcycles taxis do not pose a threat to other public utility vehicles (PUVs), including jeepneys and tricycles, as a means of livelihood, the Land Transportation Franchising and Regulatory Board (LTFRB) said.
Jollibee [JFC 262.00, up 0.8%] [link] posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%). Same-store sales growth was up 10.6%, with the biggest growth coming from the Philippines (+13.9%), China (+12.4%), and EMEA (+7.6%). JFC tracks the performance of its three newly-acquired brands (CBTL, SuperFoods (Highlands Coffee), and Milksha), and provided analysis to show that of these three, Milksha experienced the highest systemwide sales growth (+29.6%) and the highest same-store sales growth (+14.8%). SuperFoods, as compared to the other two tracked acquisitions, exhibited the worst performance across those two metrics with systemwide sales up only 6.4% and same-store sales down 4.3% (the only decline in data tracked by JFC). The company blamed “weak macros in Vietnam and increased competition in the coffee space” for SuperFoods’ underperformance.
MANILA, Philippines — Land Transportation Office (LTO) chief Vigor Mendoza II yesterday led a roadworthiness inspection of vehicles of two transport groups operating in Metro Manila.
MANILA, Philippines — The water level in Angat Dam may drop by up to .40 meters daily in April as the temperature gets warmer due to El Niño.
MANILA, Philippines — The Bureau of Customs has confiscated 198.5 kilos of dried marijuana in balikbayan boxes valued at P238.2 million smugled from Thailand, a BOC official said yesterday.