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Day: January 14, 2025

Tolentino Named 2024 PSA Executive of the Year

Manila: Philippine Olympic Committee (POC) president Abraham ‘Bambol’ Tolentino will be recognized as Executive of the Year anew during the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Annual Awards Night on Jan. 27 at the Manila Hotel grand ballroom. According to Philippines News Agency, Tolentino, who also earned the honor in 2021 and 2022, received the recognition from the sports writing fraternity for his engagement in the participation and performance of Team Philippines at the Paris Olympics. Gymnast Carlos Yulo, who secured two gold medals in Paris, leads the awardees in the festivity co-presented by ArenaPlus, Cignal, and MediaQuest. The 24-year-old

PNP Refutes Claims of Grand Conspiracy and Denies Reward System

Manila: The Philippine National Police (PNP) on Tuesday refuted claims of a “grand conspiracy” within its ranks and maintained a zero-tolerance policy for misconduct of officers. According to Philippines News Agency, the Department of Justice filed charges against 30 police officers for planting of evidence and delay in the prosecution of cases in connection with an operation in Manila in October 2022, which yielded PHP6.7 billion worth of shabu and resulted in the arrest of a police officer. ‘We remain committed to upholding professionalism, integrity, and accountability in all aspects of our operations,’ the PNP said in a statement. It

LTFRB Mandates TNCs to Shoulder Full 20% Discount Privileges

Manila: The Land Transportation Franchising and Regulatory Board (LTFRB) is preparing to issue a memorandum circular that mandates transport network companies (TNCs) to fully shoulder the 20 percent discounts for senior citizens, persons with disabilities, and students. According to Philippines News Agency, during a public hearing of the Senate Committee on Public Services, LTFRB chairperson Teofilo Guadiz III agreed that TNC drivers, who bear the costs of fuel and vehicle maintenance, should not be responsible for the 20 percent discount. Guadiz mentioned that the memorandum, to be implemented in February, will require TNC operators and app owners to cover the

Manila Employees Receive Rent-to-Own Condo Units

Manila: Twenty employees of the city government of Manila were awarded rent-to-own units at the newly built Pedro Gil Residences. Mayor Honey Lacuna led the ceremony where the units were allocated to the employees through a public raffle. According to Philippines News Agency, the local government unit (LGU) employees will pay monthly rent ranging from PHP2,000 to PHP3,000. The titles of the condominium units will be awarded to them once the full price is paid over a number of years. Mayor Lacuna highlighted that this new policy differs from the previous one, allowing monthly payments to contribute toward ownership rather

Philippine Vehicle Assemblers Achieve Record Sales in 2024

Manila: Philippine automotive vehicle assemblers achieved record-high sales of 467,252 units in 2024, marking an increase of 8.7 percent from the 429,807 units sold in 2023. According to Philippines News Agency, this data was released in a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA). The passenger car segment significantly contributed to the overall vehicle sales, with a growth of 10.5 percent, reaching 120,770 units from 109,264 units in 2023. Sales of commercial vehicles also experienced an increase of 8.5 percent year-on-year, rising from 320,543 units to 346,482 units.

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