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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, […].....»»
Philippine Infradev COO claims Makati Subway Project not very affected , that project will still continue
Philippine Infradev COO Georgina Monsod gave an interview with Hitoshi Iemura of Global Strategy Real Estate that was posted on Youtube on Nov. 28, 2023, where she spoke about the September court decision that altered the land distribution between Taguig and Makati, and about how that might impact INFRA’s crown jewel project, the Makati City Subway......»»
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......»»
DSWD claims no staff involved in ‘ayuda scam’
The Department of Social Welfare and Development (DSWD) Region XI reported that their investigation showed none of their personnel had been involved in the alleged “ayuda scam” happening in Davao Region......»»
Squirrel involved in power outage provided shelter and care by More Power
Squirrel involved in power outage provided shelter and care by More Power.....»»
Explainer: Why were lighter penalties given to cops involved in Jemboy slay?
Baltazar's family believes the court's decision falls short of delivering justice for their son's killing, citing the lighter penalties imposed by the court on the involved cops......»»
Motorcycle rider allegedly involved in love triangle shooting incident nabbed
Motorcycle rider allegedly involved in love triangle shooting incident nabbed.....»»
Police continue to gather evidence on Larumbe hit-and-run case
CEBU CITY, Philippines – Police in Cebu City have taken custody of the SUV believed to be involved in the hit-and-run case that killed Jeslar Uriel Larumbe. But its owner remains a free man as the police continue to determine if he was indeed involved in the hit-and-run case. The vehicle owner, whose name is.....»»
VP Sara involved in “tokhang” formation, says ex-cop
VP Sara Duterte allegedly approved and designed the “Oplan Tokhang” operation against drug users and dealers during her term as Davao City Mayor, which allegedly involved burying drug suspects......»»
Usual suspects involved in onion supply, price manipulation – group
The same individuals who have been identified as involved in hoarding and manipulating the supply and prices of onions during the investigation of the House of Representatives and the Senate are the same people behind the current slump in farmgate prices of the bulbs, according to the head of a farmers’ group......»»
Road rage in Mandaue: LTO-7 to issue show cause order against drivers involved in fistfight
MANDAUE CITY, Philippines — The Land Transportation Office in Central Visayas (LTO-7) will issue show cause orders against the two drivers involved in a road rage incident in J.P Rizal St., Barangay Tabok, Mandaue City last Tuesday, Jan. 23. In a statement on Friday, Jan. 26, the LTO-7 said that the viral video reached the.....»»
53% drop in Davao City’s road accidents: DCPO-TEU
The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»
Ralph Recto sworn in as new Secretary of Department of Finance
House Deputy Speaker Ralph Recto [link] was sworn in as the new Secretary of the Department of Finance on Friday, replacing the former Secretary, Benjamin Diokno, in a move that has been seemingly in the works for quite some time......»»
Diokno proud to leave DOF in better state of affairs
"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»
EDITORIAL - Cabinet changes
Validating rumors that have been circulating since late last year, former Batangas congresswoman Vilma Santos-Recto confirmed yesterday that President Marcos is replacing Benjamin Diokno with her husband, House Deputy Speaker Ralph Recto as secretary of finance......»»
Cebu City sets 14 road opening, widening projects worth P3.8B
CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»
DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025
LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»
Agencies pledge P6.3B 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 billion for Lapu-Lapu City in 2025. The amount.....»»
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......»»