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Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 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

Mindanao railway project up for NEDA review

The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project

I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

ROW process for Mindanao railway underway

The government is focused on securing right-of-way for the Mindanao Railway project for the meantime as it has yet to find a new funding source for the infrastructure......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

PNR to completely suspend Metro Manila operations - International Railway Journal

PNR to completely suspend Metro Manila operations International Railway Journal.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

DHSUD, Bacolod City sign pact for second 4PH housing project

DHSUD, Bacolod City sign pact for second 4PH housing project.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Marcos creates committee to facilitate right-of-way acquisition for railway projects

Marcos creates committee to facilitate right-of-way acquisition for railway projects.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Inter-agency committee formed to streamline land acquisition for nat l railway projects

The government has created an inter-agency committee to standardize the process of land acquisition for the implementation of the country’s railway projects......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Roundup: Malaysian PM right to stress autonomy in foreign policy: analysts

Roundup: Malaysian PM right to stress autonomy in foreign policy: analysts.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Birdie-binge puts Tabuena in hunt after 65 in Malaysian Open

Miguel Tabuena endured a scrambling finish to save a brilliant backside start, shooting a six-under 65 and pulling within two off clubhouse leader Kevin Yuan halfway through the Malaysian Open......»»

Category: sportsSource:  philstarRelated NewsFeb 16th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 14

KUALA LUMPUR -- Malaysian authorities recovered the bodies of two individuals, who were killed in an aircraft crash on Tuesday. The two victims are Malaysians aged 30 and 42 and had died at the place of the incident, Selangor police chief Hussein Omar Khan said in a statement late Tuesday. (Malaysia-Plane Crash-Death) - - - - KUALA LUMPUR -- Former Malaysian Prime Minister Mahathir Mohamad has been.....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 15th, 2024

PNR to suspend Metro Manila operations to speed up NSCR project

The Philippine National Railways (PNR) will halt its Governor Pascual-Tutuban and Tutuban-Alabang operations starting March 28, 2024 to "accelerate" the construction of the North-South Commuter Railway (NSCR) project in Metro Manila......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Marcos forms body to expedite railway projects

President Marcos has formed an inter-agency body aimed at accelerating the government’s railway projects, including efficiently resolving right-of-way issues......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024