Aghon’s agri, infra damage tops P1 billion — NDRRMC
Aghon, the first cyclone to hit the country this year, impacted 123 facilities in CALABARZON, bringing the cost of infrastructure damage to over P942.5 million. .....»»
Davao death toll rises to 27 in landslides, floods
The death toll from landslides and floods in the Davao Region has risen to 27, up from the previous report of 21 deaths on Tuesday, February 6, 2024, according to the National Disaster Risk Reduction Management Council (NDRRMC)......»»
El Nino damage to Philippines agriculture hits 163 mln USD
MANILA, May 21 (Xinhua) -- The damage caused by the El Nino dry spell and drought to Philippine agriculture has reached 9.5 billion pesos (roughly 163 million U.S. dollars), the Department of Agriculture said Tuesday. The El Nino weather phenomenon has left a trail of destruction, damaging 163,694 hectares of agricultural land in 13 regions across the country, and adversely affecting the livelihoods of at least.....»»
Mindoro oil spill damage valued at P41.2B — report
The sinking of oil tanker MT Princess Empress in Oriental Mindoro last year caused at least P41.2 billion worth of damage to the environment and coastal communities, according to a report by a sustainability think tank......»»
More Infra Needed as BPO Workers Rises to 1.7 Million Workers by End of 2023
The business process outsourcing in the Philippines employed a total of 1.7 million workers and generated revenues worth at least 35 billion USD at the end of 2023, according to a report. But for the local industry not to get left behind by other countries, stakeholders want continued investment in infrastructure, real estate, reliable internet, […].....»»
Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas
Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»
Reputational damage
A “short” 40 years and the Philippines’ monetary authority is again facing reputational damage due to the selfish action of two members of the policy- making Monetary Board of the Bangko Sentral ng Pilipinas......»»
Scientists, economists, lawyers want to put price on damage in West Philippine Sea
Experts from different institutions come together to survey the resources in the West Philippine Sea in the hope of providing a 'framework or method to assess the damage' in the area.....»»
Rama’s suspension was ‘collateral damage’ – Digong
CEBU CITY, Philippines – The suspension meted against Cebu City Mayor Michael Rama was a collateral damage, said former President Rodrigo ‘Digong’ Duterte. Duterte on Saturday, May 25, penned an open letter addressed to supporters in Tacloban City where his camp planned to hold a ‘Maisug rally’ in the city’s Remedios Trinidad Romualdez Plaza. Due.....»»
Fishers say next case vs China should focus on reparations for WPS damage
The fishers’ group made the call after the National Security Council said there is growing support for a new legal action against China over environmental damage, including coral reef destruction and giant clam harvesting. .....»»
Livestock, pasture damage due to El Niño in NegOcc reach P16.4M
Livestock, pasture damage due to El Niño in NegOcc reach P16.4M.....»»
El Niño damage in NegOcc reaches P214M
El Niño damage in NegOcc reaches P214M.....»»
Negros Occidental gets most number of food packs for El Niño damage
Negros Occidental gets most number of food packs for El Niño damage.....»»
El Niño damage to livestock in Negros Occidental reaches P10M
El Niño damage to livestock in Negros Occidental reaches P10M.....»»
Talisay City Fire displaces 16 families, leaving damage of P1.2 million
Talisay City Fire displaces 16 families, leaving damage of P1.2 million.....»»
Western Visayas El Niño agricultural damage now P770.5 million
Damage to agriculture in Western Visayas due to El Niño has increased to P770.5 million as of April 1, according to the Office of Civil Defense......»»
NO STATE OF CALAMITY DECLARATION | Crop damage in WV due to El Niño reaches over P761M
NO STATE OF CALAMITY DECLARATION | Crop damage in WV due to El Niño reaches over P761M.....»»
AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M
AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M.....»»
800% increase in fire damage in Mandaue in 2024
800% increase in fire damage in Mandaue in 2024.....»»
El Niño damage to agriculture sector hits P357.4 million
The damage the El Niño phenomenon brought to the agriculture sector in four regions alone – Ilocos, Mimaropa, Western Visayas and Zamboanga peninsula – has already ballooned to P357.4 million, according to the Department of Agriculture......»»
Infrastructure damage hits P588.4 million in Davao, Caraga
Damage to infrastructure due to floods and landslides following heavy rainfall spawned by the northeast monsoon and trough of a low-pressure area in Davao and Caraga regions since Jan. 28 has reached P588.4 million......»»