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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......»»
The need for reputation experts in corporate boards
In modern corporate governance, the composition of a company’s board of directors plays a pivotal role in determining its strategic direction, ethical standards, and ultimately, its success or failure in the market......»»
2 board members to Daluz-led board: We’re still here
2 board members to Daluz-led board: We’re still here.....»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»
Senator approves measure seeking medical use of marijuana
Senator approves measure seeking medical use of marijuana.....»»
House committee approves measure seeking to ban Pogo in PH
House committee approves measure seeking to ban Pogo in PH.....»»
Senate to prioritize LEDAC bills, not Cha-cha
The Senate would rather prioritize bills listed in the Legislative-Executive Development Advisory Council than rush the passage of the proposed measure to amend the 1987 Constitution – at least based on the chamber’s agenda and schedule for the last week of session.....»»
House not keen on backing Senate’s wage hike
Officials of the House of Representatives are not keen on supporting the Senate-approved P100 legislated wage hike, citing reasons such as the capacity of employers to implement the measure......»»
Senate pushes VAT on Netflix, HBO
The Senate has started discussions on a proposed measure to impose value-added tax (VAT) on foreign streaming platforms like Netflix and HBO Gold operating in the country......»»
Senate reworks vetoed Bulacan ecozone bill
A Senate panel tackled yesterday a proposed measure that would “cure and address” the proposal to create the Bulacan Airport City Special Economic Zone vetoed by President Marcos on his first full day in office......»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
Tito Villamor, New President of the Liga ng mga Barangay Provincial Chapter in Catanduanes
The new composition of the Liga ng mga Barangay in the province of Catanduanes has been formally elected. The election took place at the Sangguniang Panlalawigan Session hall this morning, January 12, 2024, where the new leadership of the Liga was elected under the leadership of Panganiban Liga President Tito “Tiay” Villamor. Villamor replaced Liga […] The post Tito Villamor, New President of the Liga ng mga Barangay Provincial Chapter in Catanduanes appeared first on Bicol Peryodiko......»»
Blazers emerge as masters of NCAA lawn tennis
College of St. Benilde flexed its muscle in lawn tennis after it mightily swept both the men’s and women’s division of the recently concluded NCAA Season 99 edition at the PCA courts in Paco, Manila......»»
Blazers close in on NCAA lawn tennis sweep
College of St. Benilde moved on the verge of an NCAA Season 99 lawn tennis sweep after recently seizing the first round pennants of both the men’s and women’s divisions at the PCA courts in Paco, Manila......»»
Lionesses roar
San Beda obliterated University of Perpetual Help, 3-0, to jumpstart its three-peat feat bid in the women’s division of NCAA Season 99 tennis at the PCA courts in Paco, Manila......»»
SEC doles out P60-M in fines for Abra Mining mess
The SEC released a statement yesterday outlining P560 million in fines relating to the illegally-issued Abra Miningshares that were sold during the basura stock craze of late FY20 and early FY21......»»
GPS 2024: Over $20 billion to get transport back on track
Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government's plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely. "Over the next three years, our investment of around $7 billion per year prioritises economic growth and productivity, increased.....»»
TIMELINE: Why skywalks in Cebu City need to be dismantled, relocated
CEBU CITY, Philippines – The resumption of dismantling the skywalks in Cebu City for relocation to the South Road Properties (SRP) on February 13 sparked a lot of online discussions. In response, CDN Digital created a timeline outlining the different stages of the skywalk dismantling process, including its execution. The timeline gathers information from reports by.....»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»