We are sorry, the requested page does not exist
Learn effective utilization of government funds
Inefficient utilization of funds has been a continuous problem in the public sector, causing delays or non-implementation of government programs, projects, and activities, among others. Such issues defeat the purpose of budgeted and allocated funds that should benefit the general public......»»
Romualdez: Philippines WEF hosting to spur more foreign investments
The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»
NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024
P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»
Aboitiz-led Apo Agua starts supplying water to Davao City
DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Agencies pledge P900M projects for Lapu-Lapu City at CDC
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»
NEDA approves 23 new priority infrastructure projects
The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»
Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow
CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»
Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects
President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»
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......»»
Strong solar storm hits Earth, could disrupt communications and produce northern lights in US
Strong solar storm hits Earth, could disrupt communications and produce northern lights in US.....»»
After Chocolate Hills, another grass fire hits Bohol
After Chocolate Hills, another grass fire hits Bohol.....»»
WATCH: Jinky Vidal opens National Heritage Month with OPM hits
At her tour's recent stop in Hard Rock Cafe Manila, Jinky performed classic hits, including Original Pilipino Music (OPM)......»»
Conan Gray s Found Heaven Tour hits Manila - manilastandard.net
Conan Gray's 'Found Heaven Tour' hits Manila manilastandard.net.....»»
Philippines swelters in scorching heat as mercury hits record high in Manila
Philippines swelters in scorching heat as mercury hits record high in Manila Arab News.....»»
So hot you can t breathe - Extreme heat hits the Philippines
'So hot you can't breathe': Extreme heat hits the Philippines The Japan Times.....»»
Globe hits SIMs engaged in spam and scam SMS
Globe hits SIMs engaged in spam and scam SMS.....»»
Cebu hits record high heat index of 39°C
Cebu hits record high heat index of 39°C.....»»
Dawn fire hits 4 houses in Cebu City; 1 more razed in Argao town
Dawn fire hits 4 houses in Cebu City; 1 more razed in Argao town.....»»