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Shrinking news space: CNN Philippines shuts down due to financial losses
CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»
CNN Philippines announces closure due to financial losses
The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»
CNN Philippines shutting down as losses exceed P5B
MANILA —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»
40 mln Filipinos have no access to potable water: gov t
MANILA, May 7 (Xinhua) -- At least 40 million people in the Philippines have no access to fresh or potable water, the Presidential Communications Office (PCO) said Tuesday. Responding to the dire situation, Philippine President Ferdinand Romualdez Marcos ordered the government agencies to come up with concrete solutions to provide sufficient water supply to Filipinos deprived of potable water on Tuesday......»»
MCWD water deficit now affects 50,000 households in Metro Cebu
CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»
‘No water interruption until April 30’
The Department of Environment and Natural Resources has assured Metro Manila residents of uninterrupted water supply until April 30 after the plan to decrease the water allocation starting April 16 was shelved as the water level in Angat Dam remained above 195 meters yesterday......»»
Task force to public: Continue water conservation
As the water level in major dams can drop further during the dry months, the Task Force El Niño is urging the public to continue conserving water to avert a possible water crisis, especially in Metro Manila......»»
Mikey Belmonte bags Water Warrior Award
Quezon City Councilor Belmonte was conferred the “Water Warrior Award for Advocacy Leadership” during the 2024 World Water Day Awards in recognition of his contributions as an active partner of Maynilad in championing access to safe water, reliable sanitation and environmental responsibility......»»
El Niño impact: 30M liters of water lost due to dry spell, says MCWD
CEBU CITY, Philippines — The hot season brought by the El Niño has significantly impacted the Metropolitan Cebu Water District (MCWD) water facility. It was evident in the production of MCWD’s surface water facilities in Barangay Jaclupan in Talisay City and Barangay Lusaran in Cebu City, said MCWD Chair, Lawyer Jose Daluz III, in a.....»»
Solon pushes creation of Dept of Water Resource Management
CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»
Manila Water explores Pangasinan supply deal
The consortium of Manila Water Co. Inc. and its wholly owned subsidiary, Manila Water Philippine Ventures continue to explore water supply partnerships with the Provincial Government of Pangasinan as it looks to revive the recently terminated concession agreement between the two......»»
India among Asian countries hit by heatwave in 2003: UN report
Geneva (Switzerland)/ Bangkok (Thailand), April 23 (ANI): Asia was among the world's most disaster-hit region from weather, climate and water hazards in 2023, the United Nations said on Tuesday, with floods and storms the chief cause of casualties. Floods and storms caused the highest number of reported casualties and economic losses in Asia, while the impact of heatwaves became more severe, according to a report launched.....»»
India among Asian countries hit by heatwave in 2023: UN report
Geneva (Switzerland)/ Bangkok (Thailand), April 23 (ANI): Asia was among the world's most disaster-hit region from weather, climate and water hazards in 2023, the United Nations said on Tuesday, with floods and storms the chief cause of casualties. Floods and storms caused the highest number of reported casualties and economic losses in Asia, while the impact of heatwaves became more severe, according to a report launched.....»»
Megaworld raises P500 million from sale of MREIT shares
Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»
Bunye: Real estate market trends
Bunye: Real estate market trends.....»»
Real estate tycoon sentenced to death
Real estate tycoon sentenced to death.....»»
Power, real estate fuel FPH earnings in 2023
Strong contributions from power generation and real estate segments fueled a nearly 20-percent jump in the earnings of First Philippine Holdings Corp. in 2023......»»
Marubeni mulls RE foray, industrial estate development in Philippines
Japanese trading giant Marubeni is mulling an industrial estate comeback in the Philippines, while also exploring possible ventures into the renewable energy space......»»
CLI: 2024 ‘great year’ for real estate, economy
CLI: 2024 ‘great year’ for real estate, economy.....»»
SC: Disini estate to pay P100 million damages for BNPP
The Supreme Court has affirmed with finality its decision ordering the estate of late businessman Herminio Disini to pay the government damages for the US $2.3 billion mothballed Bataan Nuclear Power Plant in Morong, Bataan......»»