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Drug den in Punta Princesa, Cebu City shut down, three men nabbed

CEBU CITY, Philippines — With the help of concerned citizens, law enforcers arrested three newly identified drug personalities and dismantled a suspected drug den in Sitio Tres de Abril, Barangay Punta Princesa, Cebu City on Thursday afternoon, March 21, 2024. The drug bust took place at around 1:25 p.m. in the barangay, which was previously.....»»

Category: newsSource:  inquirerRelated NewsMar 22nd, 2024

Puerto Rico Declares Public Health Emergency as Dengue Cases Surge

Puerto Rico Declares Public Health Emergency as Dengue Cases Surge The Puerto Rico Secretary of Health, Carlos Mellado, has declared a public health emergency due.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 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

Cebu Landmasters FY23 profit: P4.6-B (up 29%)

Cebu Landmasters [CLI 2.85 unch] [link] teased its FY23 performance at an analyst briefing where it revealed full-year net income of P4.6 billion (up 29%) and total revenues of P18.8 billion (up 20%)......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

Cebu Landmasters prices its follow-on offering

Cebu Landmasters set the dividend rates for its P5 billion follow-on offering that will begin selling to the public tomorrow......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Cebu Landmasters FOO approved by the PSE

Cebu Landmasters had its follow-on offering of preferred shares approved by the PSE......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

Cebu Landmasters board approves P5-B preferred shares offering

Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Boulevard Holdings sells 1.5-B shares to ownership group

Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Owl, pangolin rescued on Good Friday in Palawan

PUERTO PRINCESA CITY — A spotted wood owl (Strix seloputo) and a pangolin (Manis culionensis) were rescued in Palawan province on Good Friday, the Palawan Council for Sustainable Development Staff (PCSDS) said in a report issued Saturday, March 30. The PCSDS said their personnel got the juvenile spotted wood owl after it was turned over by.....»»

Category: newsSource:  inquirerRelated NewsMar 31st, 2024

‘Extreme danger heat index seen in May’

The cities of Puerto Princesa in Luzon and Cotabato in Mindanao sizzled with a heat index of 42 degrees Celsius on Saturday, according to state meteorologists......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Unused lands transferred from Sablayan, Iwahig penal farms can be reverted to BuCor — DOJ

In a five-page legal opinion penned by Justice Secretary Jesus Crispin Remulla, the BuCor can “revoke the transfer” of some parcels of land from the Sablayan Prison and Penal Farm in Occidental Mindoro and Iwahig Prison and Penal Farm from the DA and Puerto Princesa LGU after its purpose of the transfer of lands was not fulfilled. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Xinhua world news summary at 0100 GMT, Jan. 26

MANILA -- The Philippine Navy said on Thursday it deployed a helicopter to search for 11 missing passengers of two motorboats that capsized off Palawan province. Commodore Alan Javier, the commander of the Philippine Naval Forces West, said the boats sank on Wednesday near Ilian Bay in Roxas, a coastal town northeast of Palawan's capital Puerto Princesa. (Philippines-Navy-Boat) - - - - CAIRO -- Egy.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Xinhua world news summary at 0100 GMT, Jan. 26

MANILA -- The Philippine Navy said on Thursday it deployed a helicopter to search for 11 missing passengers of two motorboats that capsized off Palawan province. Commodore Alan Javier, the commander of the Philippine Naval Forces West, said the boats sank on Wednesday near Ilian Bay in Roxas, a coastal town northeast of Palawan's capital Puerto Princesa. (Philippines-Navy-Boat) - - - - CAIRO -- Egy.....»»

Category: newsSource:  philippinetimesRelated NewsJan 26th, 2024

Who is Atty. Kent Francesco Jongoy, the newly endorsed CBRT project manager?

CEBU CITY, Philippines — Cebu City Mayor Michael Rama has recently endorsed a new project manager for the Cebu Bus Rapid Transit (CBRT) project. Meet incoming CBRT project manager Lawyer Kent Francesco Jongoy, the assistant head of the Cebu City Transportation Office (CCTO), the head of its Public Mass Transportation Division, and its legal officer......»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Eight players share first-round lead at Puerto Rico Open

(Photo credit: Jim Cowsert-USA TODAY Sports) Eight players shared the lead at 7-under 65 following Friday morning's conclusion of the rain-delayed first round at the Puerto Rico Open in Rio Grande. Scott Piercy and Joe Highsmith were the leaders in the clubhouse when play was halted for darkness on Thursday, following a nearly two-hour rain delay. Friday started with 54 players completing the opening round and saw six o.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Eight players share first-round lead at Puerto Rico Open

(Photo credit: Jim Cowsert-USA TODAY Sports) Eight players shared the lead at 7-under 65 following Friday morning's conclusion of the rain-delayed first round at the Puerto Rico Open in Rio Grande. Scott Piercy and Joe Highsmith were the leaders in the clubhouse when play was halted for darkness on Thursday, following a nearly two-hour rain delay. Friday started with 54 players completing the opening round and saw six o.....»»

Category: newsSource:  manilanewsRelated NewsMar 9th, 2024

Phase 1 of Cebu BRT project due for turnover in May or June

CEBU CITY, Philippines – Phase one of the Cebu Bus Rapid Transit (CBRT) project is set to be completed around May or June this year, a local legislator confirmed. Councilor Jerry Guardo, chairman of the committee on infrastructure of the Cebu City Council, said that although the project was initially scheduled for turn over in.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Netizens want Cebu BRT construction to proceed: ‘Ipadayun na’

CEBU CITY, Philippines — The fate of the long controversial Cebu Bus Rapid Transit or Cebu BRT project faces yet another crossroads after local politicians argue over the possible repercussions of its continued construction. The transportation project aims to create a bus express lane within Cebu City, with its first phase in continuous operations for.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

RLC sells P8.5 billion shares in REIT unit

Robinsons Land Corp., the diversified real estate firm of the Gokongwei family, has sold P8.49 billion worth of shares in RL Commercial REIT Inc., increasing the listed REIT’s public float to 49.95 percent......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

BPI sells shares in GoTyme Bank

The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024