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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)......»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Why Saving More than 20% Can Boost Your Finances

The 50/30/20 budgeting rule is a popular financial guideline that suggests allocating 50 percent of your income to needs, 30. percent to wants, and 20 percent to savings and debt repayment. While saving 20 percent is a significant step towards financial security, there are compelling reasons to push beyond this benchmark if your budget allows. […].....»»

Category: newsSource:  metrocebuRelated NewsMay 6th, 2024

Inflation likely breached upper 4 percent target in April

Headline inflation is expected to settle within the range of 3.5 to 4.3 percent in April, from a three-month high of 3.7 percent in March, possibly breaching the upper four percent target of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Latest surveys are results of inflationary sugar cartel

High prices clobbered 72 percent of Filipinos in December. Inflation strained them worse than low wages, 40 percent; joblessness, 28 percent and poverty, 25 percent, Pulse Asia’s survey shows......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Beat the Heat: Tips for Staying Cool at Work

Summer is just around the corner, and you know how hot the days get, especially with a looming El Niño — days would get hotter and hotter. Sometimes we can’t avoid going outside, especially during work. Whether you are going to meet a client somewhere around the city or just commuting to work, the heat […].....»»

Category: newsSource:  metrocebuRelated NewsMar 21st, 2024

Quick look at the week ahead

Domestically, this week is all about the preferred shares listings that we’ll have at the end of the week with Century Properties and CPGPB going live on Thursday, and A Brown and BRNPB/BRNPC going live on Friday......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Nabang-Gadgaran road commenced construction

Samar First DEO has commenced the construction of the Nabang-Gadgaran road with the contract amount of P94.8 million under the Convergence and Special Support Program (Tatag ng Imprastruktura para sa Kapayapaan at Seguridad or TIKAS)......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

Calbayog Airport by-pass road commences second phase

Second phase in the construction of Calbayog Airport by-pass road is now underway with a contract amount of P69.12 million taken from the General Appropriations Act (GAA) for FY 2023 said Samar First DEO......»»

Category: newsSource:  samarnewsRelated NewsFeb 12th, 2024

Local execs told: Embark on projects with long-term benefits

With the midterm elections just over a year ahead, President Marcos is reminding local executives to embark on ambitious projects with long-term benefits for constituents and which are insulated from changes in leadership......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Lady Blazers keep going and going

Unstoppable.Unstoppable......»»

Category: sportsSource:  philstarRelated NewsApr 12th, 2024

Man nabbed for going wild inside KTV bar in City of Naga

Man nabbed for going wild inside KTV bar in City of Naga.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Student from Papua New Guinea arrested for going wild

Student from Papua New Guinea arrested for going wild.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Student from Papua New Guinea arrested for going wild

Student from Papua New Guinea arrested for going wild.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Rebel returnees going back to insurgency increasing

THE Department of the Interior and Local Government (DILG) in Davao de Oro admitted that the number of rebel returnees going back to their old ways has increased in some parts of the province......»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Bato dela Rosa admits: ‘I am afraid of going to jail’

MANILA, Philippines — Senator Ronald “Bato” dela Rosa admitted that he is afraid of going to jail, anxious that he may not see his grandchildren if it happens. His remarks came as speculations abound that investigators of the International Criminal Court (ICC) are already in the Philippines. The ICC had launched a probe into the.....»»

Category: newsSource:  inquirerRelated NewsJan 24th, 2024