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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......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Palace adviser calls for political Charter amendments

A disbarred lawyer and adviser of President Marcos is pushing for “political amendments” in the 1987 Constitution, with eight suggested political reforms that include extending the term limits of all elected government officials......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

Palace adviser calls for political Charter amendments

A disbarred lawyer and adviser of President Marcos is pushing for “political amendments” in the 1987 Constitution, with eight suggested political reforms that include extending the term limits of all elected government officials......»»

Category: CCCCCCSource:  philstarRelated NewsApr 4th, 2024

Political Dynasty

By: Ferdz M. Brizo / FB Eye I am one of those in favor of amending the Constitution, provided that the first action taken is on the political dynasty provision, which should be engraved in the Constitution to prohibit political dynasties. This is one of the most crucial provisions that should have a fixed policy […] The post Political Dynasty appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 31st, 2024

Prof. Schlevogt s Compass 7: Five global supertrends that will transform the world during the new megacycle

The old world is giving way to a new order. What key political-economic drivers of change are destined to shape our lives in the medium term? According to an adage that is popular in the financial community, economists are sufficiently competent to correctly predict ten out of five recessions. Despite.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Securing Your Small to Medium Business in the Digital Age

Ever wondered if your business is really secure? In this age of digital hustle, ensuring the safety of your small to medium-sized business is like locking the doors at night – you wouldn’t leave them wide open, would you? Many think cybersecurity is only for the big players, but in reality, businesses of all sizes […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 23rd, 2024

ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Cha-cha mabobokya kapag sinahugan ng term extension

Baka wala nang sumuporta sa Charter change kapag isinama ang diskusyon sa term extension ng mga opisyal ng gobyerno, babala ni Senate President Juan Miguel Zubiri. The post Cha-cha mabobokya kapag sinahugan ng term extension first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Political Cha-cha

It’s out in the open, what political opponents think of the latest push for Charter change: Speaker Martin Romualdez, they believe, wants to become prime minister once his cousin Ferdinand Marcos Jr. steps down as president (or even during BBM’s term) under a parliamentary system similar to the Singapore model......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

‘No risk of political reform in economic Cha-cha’

Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

12 years in prison, political prisoner wants freedom on his 85th birthday

"There are no further obstacles that should hinder Tatay Gerry's release as the Board of Pardons and Parole issued a recommendation for the commutation of his sentence to a definite prison term of 12 years." The post 12 years in prison, political prisoner wants freedom on his 85th birthday appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated News7 hr. 41 min. ago

Yogi Ruiz plans to form own political party

CEBU CITY, Philippines- Former Customs Commissioner Yogi Ruiz plans to create a new local political party in Cebu, aiming to join the mayoral race in the 2025 midterm election. Ruiz stated that the political party, dubbed “Partido Cebuano,” would be established once all documentary requirements are fulfilled and submitted to the Commission on Elections (COMELEC)......»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

Marcos-Duterte rival rallies ‘a disgusting display of political ambitions,’ says lawmaker

Amid the growing rift, a lawmaker asserted that Filipinos are bearing the brunt of the ongoing political play. The post Marcos-Duterte rival rallies ‘a disgusting display of political ambitions,’ says lawmaker appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 29th, 2024

Frail body, sharp mind: Oldest political prisoner longs for freedom

Despite the deteriorating conditions, political prisoner Gerardo Dela Peña remains hopeful that he will still be reunited with his elderly wife Pilar and their family in Camarines Norte. The post Frail body, sharp mind: Oldest political prisoner longs for freedom appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 2nd, 2024

Vhong Navarro thanks Coco Martin for casting son in Batang Quiapo

Kapamilya host Vhong Navarro is one proud father to his son Yce after he has been cast in the ABS-CBN hit teleserye "FPJ's Batang Quiapo.".....»»

Category: entertainmentSource:  philstarRelated NewsFeb 21st, 2024

Oscar for best casting to be dished out beginning 2026

It will be the first competitive new golden statuette added to Hollywood's most important award show in more than two decades......»»

Category: entertainmentSource:  philstarRelated NewsFeb 9th, 2024

USD3.32-B Loan Approved by BSP

On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»

Category: newsSource:  metrocebuRelated NewsJan 24th, 2024

Marcos admin eyes building 20 new dams by 2028

To meet the country’s growing demand for water and power, the government is eyeing to build 20 medium and three to five large dams by 2028, the end of President Marcos’ term, according to National Irrigation Administration head Eduardo Guillen......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Recto sets sights on ‘more realistic’ targets

Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Metrobank raises $1 billion on international debt market

Metrobank [MBT 62.00 ?1.5%] [link] revealed that it was able to sell twice the amount in medium-term notes on the international debt capital markets than it intended......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024