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Cebu Archdiocese prioritizes protection of its religious artifacts
Cebu Archdiocese prioritizes protection of its religious artifacts.....»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
Job insecurity, climate change pose challenges in Philippines human development – UNDP
The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»
Increasing flood resilience across the Wairarapa
Flood resilience across the Wairarapa will be increased thanks to the Government's commitment of more than $8 million across five projects."Today, I am visiting the Wairarapa as part of the Government's 100-day plan to meet with community representatives affected by the 2023 severe weather events to understand what can be done to speed up and simplify recovery efforts," Emergency Management an.....»»
Belmonte, Binay call for climate action funding from development banks
The C40 coalition of cities, a network of nearly 100 mayors, asked MDBs to increase urban climate investment, integrate urban climate action into their strategies, and implement tailored programs to support city projects. .....»»
Young voters care about climate change. Politicians don t
Young people want action on climate change but research shows Indonesia's political class isn't listening. Climate change matters a lot to young Indonesians. Several national surveys show that Generation Z and Millennials are concerned about the impact of climate change on their lives. Politicians, however, appear to be ignoring the issue if their pu.....»»
Mga bagong opisyal ng SPEEd nanumpa kay Mayor Joy Belmonte
PORMAL nang nanumpa sa kanilang tungkulin ang mga bagong-halal na opisyal at miyembro ng Society of Philippine Entertainment Editors (SPEEd) kahapon, Marso 21. Ito’y pinangunahan ng bagong Pangulo ng grupo na si Salve Asis, entertainment editor ng Pilipino Star Ngayon at Pang Masa. Nagsilbing inducting officer sa oath-taking ceremony ng SPEEd si Quezon City Mayor.....»»
Groseclose exits short track speed skating event in Winter Youth Olympics
Filipino speed skater Peter Groseclose came up short in the quarterfinals of the men's 1000m short track speed skating event at the 2024 Gangwon Winter Youth Olympics Sunday......»»
Groseclose falls short in Winter Olympics speed skating
Filipino speed skater Peter Groseclose failed to make the cut to the next round men's 1500m short track speed skating semifinals in the 2024 Gangwon Winter Youth Olympics......»»
Davao traffic office reminds motorists to follow new speed limit
DAVAO CITY (MindaNews / 8 January) – The City Transport and Traffic Management Office (CTTMO) here has intensified their campaign for the implementation starting Thursday, January 11, of the new speed limit ordinance, and reminded motorists to follow the measure to avoid getting fined. CTTMO head Dionisio Abude said they had given away around 50,000 […].....»»
Geeks On A Beach: PH startups eyeing $1-billion in funding deals this 2023
Startups in the Philippines have quietly won $1-billion in total funding deals for two straight years in a row in 2021 to 2022, and there are indications they could continue the winning trend. New funding deals may yet to be clinched at the Geeks On A Beach (GOAB) international conference on November 22 to 24 […].....»»
WB lauds implementation of land management project
World Bank, the funding agency of the second phase of the Land Administration and Management Project (LAMP2), lauded the overall performance of the project following its recent review mission held at the Department of Environment and Natural Resources (DENR)......»»
Canada gives Philippines P1.1 billion aid for climate, healthcare efforts
Canada has announced some P1.1 billion in development assistance for the Philippines to support the latter’s efforts in climate adaptation, resilience against natural disasters and improved health care services......»»
Official statement of Aksyon Klima Pilipinas on the 10th anniversary of super-typhoon Yolanda
Parties at the 2023 UN climate negotiations in Dubai, United Arab Emirates must set up a L and D Fund and associated funding arrangements that is aligned with the imperative of preventing even more peoples and ecosystems from experiencing extreme climate change impacts......»»
ADB lends $20 million for affordable housing project
The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»