CEBU CITY, Philippines — Thousands of commuters traveling daily between Lapu-Lapu City and Cebu City could soon gain an additional public transport option. The Cebu City Council on Tuesday endorsed a resolution urging the Land Transportation Franchising and Regulatory Board (LTFRB) to grant the United Drivers and Operators Transport Cooperative (UDOTCO) a special permit to
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IBM shares plunge 25% as AI spending boom disrupts business
IBM shares plunged 25 percent Tuesday after the US tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers due to expected higher prices for memory chips and other AI-related infrastructure. “We did not adapt and move quickly enough,” IBM CEO Arvind Krishna said in a letter to investors. The company
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SSS Residential Solar financing: How much can members borrow under proposed loan program?
Qualified members of the Social Security System (SSS) may soon be able to borrow up to P400,000 to install residential solar panels under a proposed financing program that aims to make clean energy more accessible to Filipino households. The proposed SSS residential solar financing program would allow eligible members to take out loans ranging from
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Defensor, 2 others plead not guilty in plunder case
MANILA, Philippines — Former Rep. Mike Defensor and two of his co-accused on Wednesday pleaded not guilty in their plunder case filed before the Sandiganbayan Third Division. Defensor and businessmen Joseph Espiritu and Aristotle Viray allegedly donated P75 million to Sen. Rodante Marcoleta, which led to their non-bailable case. READ: Marcoleta, Defensor arrive for July
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Defense, prosecution start oral arguments on tax, bank records
MANILA, Philippines — No witnesses will be presented on the sixth day of Vice President Sara Duterte’s impeachment trial on Wednesday, but the defense and the prosecution will deliver its oral arguments on the bank and tax records of Duterte. It was the House prosecution panel that requested the impeachment court to subpoena the bank
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Sandiganbayan orders Marcoleta jail transfer
MANILA, Philippines — The Sandiganbayan on Wednesday ordered the transfer of Sen. Rodante Marcoleta to the New Quezon City Jail, according to Associate Justice Karl Miranda. Miranda said the court issued the order in view of the findings of the Philippine General Hospital, which cleared Marcoleta of mild pneumonia, and the Philippine National Police General
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City Council wants Talamban, Bulacao CBRT shared lanes rolled out now
CEBU CITY, Philippines — The Cebu City Council has formally appealed to President Ferdinand Marcos Jr. and the Department of Transportation (DOTr) to immediately implement the shared-lane component of the Cebu Bus Rapid Transit (CBRT) along the original Talamban-Ayala and Bulacao-Ayala corridors, arguing that the project can proceed without further right-of-way acquisition. During its regular
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Search continues for missing Bukidnon boy swept away by floodwaters
VALENCIA CITY, Bukidnon — Search and retrieval operations continued Wednesday for a six-year-old boy who remained missing after he and his older brother were swept away by raging floodwaters while crossing a spillway with their father on a motorcycle. The body of the elder sibling, 12, was recovered Tuesday morning after it was found entangled
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Students facing pressure to be perfect report poorer well-being – study
MANILA, Philippines — Filipino university students who believe others expect them to be perfect are more vulnerable to poorer well-being and unhealthy ways of coping with stress, according to a new study led by researchers from the University of the Philippines Diliman. The study found that socially prescribed perfectionism, or SPP — the belief that
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Robin Padilla Advises NBI Director Jeremy Lotoc To Face Complaints: ‘Di ba po dapat ang reaksyon ng isang tao kapag may kaso, harapin?’
Senator-Judge Robin Padilla Gives Message to NBI Regional Director ROBIN PADILLA – The Senator-judge advised National Bureau of Investigation (NBI) Regional Director Jeremy Lotoc to face the complaints filed against him. The impeachment trial of Vice President Sara Duterte continues and more and more individuals are being invited to the sessions. Recently, it was National ... Read more
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