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PAGASA identifies 8 areas with dangerous heat index on Eid l Fitr
The agency’s latest heat index bulletin said the eight areas will be under the “danger” classification, with temperatures ranging from 42°C to 44°C......»»
British Council strengthens commitment, identifies Philippines as ‘super-priority for 2024
Leveraging the UK's expertise in arts, culture, education and the English language, along with its global network spanning over 100 countries, the British Council has developed a distinctive approach to drive positive change across various sectors in the Philippines. .....»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
King Cobra spotted in Busay, Cebu City
CEBU CITY, Philippines — A group of friends trekking in Barangay Busay, Cebu City got the shock of their lives when they saw up close a King Cobra, a highly venomous snake, blocking their path. In a post on Philippine Snake ID, a website that identifies and classifies snakes, one Eimanna Gutierez shared the experience.....»»
1st LD Writethru: 6.0-magnitude quake hits central Philippines
MANILA, May 3 (Xinhua) -- An offshore earthquake with a preliminary magnitude of 6.0 rocked Leyte province in the central Philippines on Friday, the Philippine Institute of Volcanology and Seismology said. The institute said the quake, which occurred at 6:16 p.m. local time (1016 GMT), hit at a depth of 8 km, about 32 km southeast of Dulag, a coastal town. The institute said the tectonic quake will trigge.....»»
Foreign debt reaches all-time high in 2023
The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»
Tarlac POGO hub raid: Raps filed vs 8 Chinese
Criminal complaints were filed yesterday against eight Chinese who were arrested during a raid at a Philippine offshore gaming operator (POGO) hub in Bamban, Tarlac on Wednesday......»»
Ena Mori nilabas ang ‘Heartache Generation’, first single sa taong 2024
NGAYONG kasisimula lang ng taong 2024, nag-release ng bagong single ang Filipino-Japanese artist na si Ena Mori. Pinamagatan itong “Heartache Generation” via Offshore Music and Sony Music Entertainment. Ayon sa singer, ang bagong kanta ay tungkol sa “existential crisis” na nararamdaman niya sa tuwing papalapit na ang kanyang kaarawan. “Heartache Generation is written by me,.....»»
402 POGO hubs have expired licenses’
At least 402 Philippine offshore gaming operator hubs in the country have expired licenses, according to the Philippine Anti-Organized Crime Commission......»»
SC junks petition challenging legality of POGOs
The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»
Metrobank raises record $1 billion from international bond market
Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»
What impact could a potential POGO ban have on the REITs?
I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»
House panel Oks proposed POGO ban
Efforts to ban Philippine offshore gaming operators in the country have gained ground at the House of Representatives after a committee yesterday approved two measures on this......»»
Foreign borrowings rise to $14.5 billion in 2023
Foreign borrowings approved by the Bangko Sentral ng Pilipinas jumped by more than 40 percent in 2023 after declining for two straight years, as the national government borrowed more from offshore creditors primarily to bankroll key infrastructure projects......»»
PAGCOR keen on issuing more international gaming licenses
The Philippine Amusement and Gaming Corp. is open to keeping the Philippine Offshore Gaming Operators sector alive, with its top official saying that it provides employment to close to 70,000 Filipinos......»»
RCBC raises $400 million from oversubscribed sustainability notes
Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»
Government readies for surge in cruise tourism
The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»
Marcos: No additional EDCA sites in Philippines
The government has no plan of giving US forces access to more military bases in the country under the Enhanced Defense Cooperation Agreement, President Marcos said yesterday, even as he expects expanded joint combat exercises with US and Japanese troops in the coming months......»»
Biden proposes $128-M budget for EDCA projects — Pentagon chief
US Defense Secretary Lloyd Austin announced that President Joe Biden is proposing a $128 million congressional allocation to fund projects at Enhanced Defense Cooperation Agreement sites in the Philippines, according to the Presidential Communications Office......»»
Singaporean embassy in India extends Holi wishes, shares images of celebrations in Barsana
New Delhi [India], March 24 (ANI): As Indians across the world geared up to ring in the festival of colours, the Singaporean embassy in the national capital extended its greetings for Holi, wishing that the festival would bring peace and joy to all. It also shared mesmerising pictures of Holi celebrations in one of India's oldest and most popular pilgrimage sites, Barsana, in Uttar Pradesh. A post on the official X handle.....»»