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DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake

The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

EDC’s P10 billion Asean green bonds get SEC greenlight

Energy Development Corp. has obtained the green light from the Securities and Exchange Commission to raise as much as P10 billion via the issuance of ASEAN green bonds......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

D& L bonds maintain top credit rating

D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Treasury raises P60 billion from T-bonds in February

The government raised P60 billion in long-term securities this month, short of target, as the Bureau of the Treasury focused on the retail treasury bonds......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Angeles City s Top 30 taxpayers awarded

Angeles City s Top 30 taxpayers awarded.....»»

Category: newsSource:  sunstarRelated NewsMay 11th, 2024

Sanitary program achievers awarded P1-M incentives

Sanitary program achievers awarded P1-M incentives.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Prototype

With something akin to undue haste, the Commission on Elections awarded the P18-billion automation contract to Miru Systems. This is the largest election automation contract ever awarded anywhere......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Contract awarded to rehabilitate Philippines main airport

MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2024

Contract awarded to rehabilitate Philippines main airport

MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

PAGSS awarded by JDL Express of China for service excellence

Jiangsu Jingdong Cargo Airlines, a subsidiary of one of the biggest freighter and cargo operators, JDL Express of China, recently awarded the Philippine Airport Ground Support Solutions, Inc (PAGSS), its Ground Handling and Cargo Handling partner in Manila. The award was given in commemoration of its successful launch and excellence in service. The said award […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 2024

Hungarian musician to receive Philippine Foundational Peace prize

State-awarded Hungarian folk musician József Terék will be awarded the Sino-Phil Asia International Peace Award for his efforts to promote international peace and understanding through music......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Hunter Trooper awarded for bravery in Iloilo clash

Hunter Trooper awarded for bravery in Iloilo clash.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024

ALI to raise P50 billion in debt capital

Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Taiwan thanks world, PLA shows simulated attacks in new year’s messages

China's People's Liberation Army puts out a new year's music video called 'You Only Win by Coming Home' and sung partially in Hokkien, widely spoken in Taiwan as well as the Chinese province of Fujian.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

Cebu BRT to be partially operational by Q2 2024 – DoTr

This will run from the Cebu South Bus Terminal to the Cebu Provincial Capitol in uptown Cebu City via Osmeña Blvd, covering a stretch of 2.38 kilometers.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

Taiwan thanks world; PLA shows simulated attacks in new year’s messages

China's People's Liberation Army puts out a new year's music video called 'You Only Win by Coming Home' and sung partially in Hokkien, widely spoken in Taiwan as well as the Chinese province of Fujian.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

DSWD continues cash aid payout for quake-hit families in Sarangani

Families from Malapatan town in Sarangani, whose houses were partially damaged by the 6.8 magnitude tremor that struck the province, wait for their turn to receive their emergency cash transfer (ECT) from personnel of the Department of Social Welfare and Development’s (DSWD) Field Office-12 ( SOCCSKSARGEN) at Barangay Lun Masla on Tuesday (January 23). DSWD […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024