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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......»»

Category: financeSource: philstar philstarJan 24th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

DSWD, Ibajay LGU build Child Development Center for kids of ex-rebels

The Department of Social Welfare and Development (DSWD) and the Ibajay local government unit (LGU) have initiated the construction of a Php1.7 million-worth Child Development Center (CDC) in Barangay Cabugao, Ibajay in Aklan province that will benefit the children of former rebels now residing in the resettlement site. DSWD Undersecretary for Inclusive-Sustainable Peace and Special […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

ADB appoints Mio Oka as country director for India, pledges continued support for development

New Delhi [India], February 6 (ANI): The Asian Development Bank (ADB) has appointed Mio Oka as its new Country Director for India, succeeding Takeo Konishi, who has been elevated to the position of ADB Director General for South Asia at the Manila headquarters. According to ADB, in her new role, Oka will spearhead ADB's operations in India, forging partnerships with the government and other development stakeholders. She w.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards

In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»

Category: newsSource:  metrocebuRelated NewsJan 19th, 2024

Groups urge to include placemaking in planning for public spaces

The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Freddy Gonzales gets PFF national team director’s job 

CEBU CITY, Philippines— Days after long-time Philippine Men’s National Team (PMNT) manager Dan Palami stepped down from his position, the Philippine Football Federation (PFF) quickly found a replacement in former national team player Alfredo “Freddy” Gonzalez. Gonzales was specifically appointed by the PFF as the new director of national teams, which directly gives him the.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Smart boosts basketball development with NBTC

Smart Communications, Inc. continues to support the development of basketball in the country with the successful run of the National Basketball Training Center League......»»

Category: sportsSource:  philstarRelated NewsApr 3rd, 2024

USAID to launch $30 million initiative to boost higher education in Philippines

The US Agency for International Development is set to launch this year a $30-million initiative to help strengthen the country’s higher education system, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Marcos OKs 10-year roadmap to improve maritime industry 

The 10-year Maritime Industry Development Plan 2028, outlined in Executive Order 55, which Marcos signed on February 8, aims to create a “strong and reliable” Philippine Merchant Fleet that will meet the country’s sea transport requirements and goals for national development......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

DSWD warns 4Ps benes anew vs loan sharks, cash card pawning

The Department of Social Welfare and Development (DSWD), through the Pantawid Pamilyang Pilipino Program‘s (4Ps) National Program Management Office (NPMO), reminded all 4Ps beneficiaries to stop engaging with loan sharks or pawning their cash cards. “Nag-iispot check kami during the family development sessions na dapat dala nila [4Ps beneficiaries] ang ATM, dahil bawal yun. They […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

RDC 12 chairperson, MNLF renew commitment to peace process

The figurehead of the Regional Development Council 12 and the Moro National Liberation Front on Thursday agreed to continue fostering peace and sustainable development together in areas where there are MNLF strongholds covered by its Sept. 2, 1996 final truce with Malacañang......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

‘Fisheries development and the restrictive economic provisions in the Constitution’

The fact that we have a recently installed Secretary of Agriculture whose business roots are in the fisheries sector has inspired me to look into the state of our fisheries development as a component of our national economic performance......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

MMDA: E-vehicle ban on nat l NCR roads to take effect on April 15

Electronic vehicles will be officially prohibited on national roads of the National Capital Region starting April 15, the Metropolitan Manila Development Authority said on Monday. .....»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

National Home Mortgage Finance Corp nadale ng hacker

Inanunsyo ng National Home Mortgage Finance Corporation (NHMFC) sa kanilang official website ang insidente ng hacking. The post National Home Mortgage Finance Corp nadale ng hacker first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

PBBM idineklara July 17 bilang National CPR Day  

Idineklara ni Pangulong Ferdinand Marcos Jr. ang July 17 ng bawat taon bilang National Cardiopulmonary Resuscitation (CPR) Day, ayon sa Presidential Communications Office (PCO) nitong Sabado, Marso 30. The post PBBM idineklara July 17 bilang National CPR Day   first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

NDFP consultants welcome return of peace talks to national level

Detained National Democratic Front of the Philippines peace consultants welcome reported dialogues to revive stalled formal peace negotiations with the Ferdinand Marcos Jr. Government of the Republic of the Philippines, expressing hope to join the talks if efforts succeed. The post NDFP consultants welcome return of peace talks to national level appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 29th, 2024

'We firmly support Philippines in upholding its national sovereignty': EAM Jaishankar in Manila

Manila [Philippines], March 26 (ANI): External Affairs Minister, S Jaishankar, who is on a formal visit to Manila, said on Tuesday that India firmly supports the Philippines in upholding its national sovereignty and will continue to further enhance cooperation in various fields, including defence and security. "We firmly support the Philippines in upholding its national sovereignty. So I think our position is very clear......»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024