Mindblown: a blog about philosophy.
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Senate to weigh business concerns on banning POGOs
Senators on Tuesday said they would consider the concerns from the business sector regarding a possible ban on Philippine offshore gaming operators (POGOs). Sen. Sherwin Gatchalian said the Senate committee on ways and means, which he heads, will set a hearing on the economic impact of banning POGOs, after a realty industry expert warned last…
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Senate approves on 3rd reading SIM registration bill
VOTING 20-0-0, the Senate approved on third and final reading Senate Bill (SB) 1310 or the proposed SIM (subscriber identity module) Registration Act. SB 1310 requires the registration of SIM cards to curb cyber crimes such as identity theft and the proliferation of spam and phishing messages. The bill, sponsored by Sen Mary Grace Poe,…
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Shopee Philippines to layoff workers after $931M loss
Shopee Philippines, which has boomed over the past years amid the pandemic, is set to lay off some of its employees to “optimize” business after it reported a loss of $931.2 million in the second quarter of 2022. Prior to this, the Singapore-based tech giant has already started downsizing its staff in Singapore and China. The company…
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No permit yet for Excelerate LNG project – DOE
The Department of Energy (DOE) said it has not approved yet the application of US firm Excelerate Energy for a permit to construct, expand, rehabilitate and modify (PECRM), which serves as the second-stage requirement for it to advance its proposed offshore liquefied natural gas (LNG) import facility in Batangas Bay into construction phase. According to…
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Rice imports eyed anew amid Karding damage
With large swaths of farmlands in Luzon flattened by Super Typhoon Karding, the country may have to resort to more rice importation and possibly at significantly higher cost due to the continued weakening of the peso. Latest data from the Department of Agriculture (DA) showed damage to agriculture due to Karding reaching P1.29 billion. The…
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Standing allowed once again in buses, e-jeeps
Commuters can once again put up with standing during their commute, after public utility vehicles (PUVs) have been allowed once more to accommodate passengers beyond their seating capacity. The Land Transportation Franchising and Regulatory Board (LTFRB) on Monday issued Memorandum Circular No. 2022-070, which brought back, starting that day, the practice among PUVs with seats…
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IMF slashes Philippines growth forecasts
The International Monetary Fund sees the Philippines’ real gross domestic product (GDP) growing by 6.5 percent in 2022, but slowing to five percent in 2023 as global shocks weigh on the economy in the coming months, according to IMF mission head Cheng Hoon Lim. “The Philippines has successfully emerged from one of the world’s strictest…
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3 nabbed for stealing blind person’s earnings
Three individuals, including two minors, were arrested by police for allegedly stealing the earnings of a blind person while the latter was selling candles at the Muelle Osmeña or bridge in Lapu-Lapu City. Lapu-Lapu City Police Office Public Information Officer Judith Besas told SunStar Cebu that it took about several hours after the suspects were…
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‘Karding’ death toll rises to 9
Four more fatalities due to Super Typhoon “Karding” were reported by the National Disaster Risk Reduction Management and Council (NDRRMC) on Tuesday, Sept. 27, raising the death toll to nine. NDRRMC spokesperson Bernardo Rafaelito Alejandro IV said that two additional deaths were recorded in Zambales while the other two were in Bordeos and Polillo in…
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House OKs P3.573-billion DOT budget for 2023
The House of Representatives on Monday approved the proposed P3.573 billion budget of the Department of Tourism for the fiscal year 2023. The DOT and its attached agencies and corporations have a total recommended budget of P3.573 billion which is 27.87% higher than the 2022 appropriations of only P2.794 billion. The members of the lower…
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