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Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Government to boost disaster response with WFP aid
The government is beefing its disaster-response capacity this year as it is set to receive four new emergency vehicles from the United Nations’ World Food Program......»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Victorias LGU unveils P55-M disaster response center
Victorias LGU unveils P55-M disaster response center.....»»
Cotabato City LGU disaster response official dies in ambush
Gunmen killed the operations chief of the Cotabato City Disaster Risk Reduction and Management Office in an ambush here on Friday night, an incident that saddened the personnel of different government and private volunteer emergency response contingents he was closely associated with......»»
Davao City barangays need to improve disaster response
DAVAO CITY (MindaNews / 21 February)—Dabawenyos believe that barangays in this city should improve on disaster response efforts to deal with calamities more effectively, according to a survey conducted by the University of Mindanao’s Institute of Popular Opinion (UM-IPO). During “Wednesdays Media Forum at Habi at Kape,” Dr. John Vianne Murcia, UM-IPO director, said that […].....»»
US to provide P70M, logistics support for disaster response in Mindanao
US to provide P70M, logistics support for disaster response in Mindanao.....»»
U.S. to provide P70M, logistics support for disaster response in Mindanao
U.S. to provide P70M, logistics support for disaster response in Mindanao.....»»
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 […].....»»
Over 600-K affected by shear line in Davao
Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»
Diokno proud to leave DOF in better state of affairs
"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»
34 injured as church floor collapses in Philippines
MANILA, Feb. 14 (Xinhua) -- Thirty-four people were injured after the second floor of a packed Roman Catholic Church in Bulacan province, north of Manila, collapsed on Wednesday, a disaster-response official said. Gina Ayson, head of the San Jose del Monte City Disaster Risk Reduction Management Office, said the accident occurred in the morning as Catholics packed the church to celebrate Ash Wednesday. Ay.....»»
34 injured as church floor collapses in Philippines
MANILA, Feb. 14 (Xinhua) -- Thirty-four people were injured after the second floor of a packed Roman Catholic Church in Bulacan province, north of Manila, collapsed on Wednesday, a disaster-response official said. Gina Ayson, head of the San Jose del Monte City Disaster Risk Reduction Management Office, said the accident occurred in the morning as Catholics packed the church to celebrate Ash Wednesday. Ay.....»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
Marcos activates new disaster command center
President Marcos activated yesterday the Disaster Response Command Centerof the Department of Social Welfare and Development to speed up relief operations during calamities......»»
Satellite tech vital in maritime security, disaster mitigation
Officials of the Philippine Navy, National Disaster Risk Reduction and Management Council and the Department of Environment and Natural Resources agreed that space-based technology, such as satellites, have been vital in strengthening maritime security and disaster mitigation in the country......»»
Residents urged to create “family disaster plans”
DAVAO CITY (MindaNews / 04 February) — Disaster-resiliency should start from home and residents, particularly those living in landslide and flood-prone areas, must create their own “family disaster plans” to guide them, the director of the Office of the Civil Defense (OC) in the Davao region said. Ednar G. Dayanghirang, OCD-Davao director, said part of “family resiliency” […].....»»