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Xinhua world news summary at 1530 GMT, Jan. 19
BRAZZAVILLE -- At least 23 people were killed by floods caused by heavy rains across the Republic of the Congo, government spokesperson Thierry Moungalla said Friday. The 23 deaths were recorded in the departments of Likouala, Cuvette and Niari. According to an updated assessment, nine of the country's 12 departments have been affected, especially those bordering the Congo River. (Congo-Flooding-Damage) -.....»»
Gov’t readies new discount guidelines for seniors, PWDs
The national government is crafting new guidelines to expand the monthly discount cap on grocery items and prime commodities for senior citizens and persons with disabilities (PWDs). Cherryl Carbonell, officer in charge of the Department of Trade and Industry’s (DTI) Consumer Policy and Advocacy Bureau, said on Saturday what they have now was an initial.....»»
President Marcos: Look for new fund source for Mindanao railway
President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»
Learn effective utilization of government funds
Inefficient utilization of funds has been a continuous problem in the public sector, causing delays or non-implementation of government programs, projects, and activities, among others. Such issues defeat the purpose of budgeted and allocated funds that should benefit the general public......»»
‘Practically begging:’ District rep rues meager DepEd funds for new classrooms
Days after the Department of Education cited progress in solving classroom shortages, a House representative vented his fury at being given just enough funds in his poverty-stricken district to build 13 new classrooms out of a backlog of over 700......»»
Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects
President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»
Capitol prepares funds for farmers affected by dry spell
Capitol prepares funds for farmers affected by dry spell.....»»
More Funds Needed For Cebu Brt Project
More Funds Needed For Cebu Brt Project.....»»
K-pop fandoms join hands to raise funds for Girls Can campaign
Globe, through its KmmunityPH online K-culture community, recently partnered up with several K-pop girl group fandoms to raise funds for World Vision’s "Girls Can" campaign......»»
‘DOH has P40 billion excess funds that can fund senior health care’
As the House of Representatives tries to find ways to improve the measly allocation for the health care of senior citizens, it turns out that the Department of Health has “excess funds” to support such a program......»»
Palace announces new appointees
Malacañang has announced a new set of appointees in several agencies, including the finance and agriculture departments and the Office of the President......»»
Government releases P3.4 billion calamity funds in Q1
The government released a total of P3.4 billion in calamity funds in the first quarter of the year as it financed various disaster relief operations......»»
Group demands accounting of Cebu City COVID-19 funds
CEBU CITY, Philippines—A coalition is demanding transparency and accountability for the budget allocated for the coronavirus disease (COVID-19) pandemic response here. The Freedom Debt Coalition composed of various cause-oriented groups in the city said there is a need to show the public a transparent liquidation of the P3.5 billion funds for the pandemic response since […].....»»
DBM: P1.95 billion calamity funds released in February
Up to P1.95 billion in calamity funds was released last month to finance various disaster relief operations......»»
DavNor vice guv denies involvement in ayuda scam
The Vice Governor of Davao del Norte has denied any involvement in the alleged ayuda scam following claims made during a Senate hearing chaired by Senator Ronald Bato Dela Rosa. The hearing revealed that public officials in Davao de Oro and Davao del Norte were linked to illegally using cash assistance from the Department of Social Welfare and Development (DSWD) and funds from the Department of Labor and Employment (DOLE) for political campaigns. Vice Governor De Carlo Oyo Uy refuted the allegations, stating that there is no truth to the claims. In response, Governor Edwin Kuya Gov Jubahib emphasized that he was protecting the welfare of his constituents and the country's budget. He called for the punishment of those involved. The governor had previously requested an investigation into the ayuda scam after individuals in the provinces received less than the intended assistance. The vice governor announced plans for a separate investigation to clear his name and clarified that the DSWD is solely responsible for the identification, assessment, validation, and distribution of cash assistance to beneficiaries......»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
Operationalizing national development
In the second week of this year, President Marcos reorganized his economic team with the sweeping appointment of two major officers: a new presidential assistant with the rank of operating Secretary with coordinative powers over existing departments and replaced his Finance secretary......»»
PSE readies delisting of Abra Mining
he Philippine Stock Exchange Inc. will initiate delisting proceedings against Abra Mining and Industrial Corp. after the Securities and Exchange Commission found that the company and some of its officials had illegally sold unissued and unlisted shares over a five-year period......»»
PT& T readies return to stock market
Connectivity provider Philippine Telegraph and Telephone (PT&T) Corp. is securing regulatory approval to lift its two-decade suspension and finally resume trading at the Philippine Stock Exchange......»»
DoubleDragon unit Hotel101 Global readies US listing
Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»