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Kartzone Cebu Racing Team celebrates recent wins, eyes bigger races in 2024

CEBU CITY, Philippines — There’s a new racing team in Cebu that will surely give everyone a run for their money.  They’re no other than the KartZone Cebu Racing Team that recently made waves in the national karting scene.  Amazingly, this team isn’t composed of veteran and hard-nosed drivers, but a bunch of talented kids.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

FACT CHECK: Vlog posts misleading facts and photos of BBM’s infra projects

While the video accurately listed the pending infrastructure of the administration, it incorrectly used photos that were taken from other countries to refer to certain local projects......»»

Category: newsSource:  davaotodayRelated NewsApr 18th, 2024

The biggest infra company

San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

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, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

P173-M infra projects in Cotabato barangays up

The Cotabato provincial government has enlisted the support of the local communities in monitoring 24 new infrastructure projects, costing P173 million, in different barangays intended to boost the investment potentials of the province......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Davao Bus Project to begin major infra construction

FOLLOWING the ceremonial signing of civil works contracts for the construction of the Davao Bus Project’s infrastructure facilities (e.g. terminals, depots and bus stops), the City Government of Davao extended its gratitude to the Department of Transportation (DOTr) and appealed to the agency to guarantee appropriation necessary to deliver the project on time......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Shear line damages P172-M worth of agri products, infra in Davao region

DAVAO CITY (MindaNews / 23 January) – The recent heavy rains brought by the shear line destroyed at least P172 million worth of agricultural products and infrastructure in the Davao region. Data from the Department of Agriculture – Davao region (DA-Davao) said the initial damage to palay, corn and other high-value crops reached P145.3 million. […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

DMW’s new 10-point agenda to run on lesser 2024 budget

New Department of Migrant Workers Secretary Hans Leo Cacdac will prioritize overseas Filipino workers' protection and financial leverage despite his agency receiving a lower budget this year by some P2.935 billion......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Touring Osaka, Kyoto, and Nara on a budget

Touring Osaka, Kyoto, and Nara on a budget.....»»

Category: newsSource:  sunstarRelated NewsApr 29th, 2024

55% in SEA ready for domestic travel for safe, budget-friendly destinations

55% in SEA ready for domestic travel for safe, budget-friendly destinations.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

B.C. s Filipino community celebrates federal budget nod to new cultural centre

Members of British Columbia's Filipino community say they're happy to see support in this week's federal budget to build a centre for their community......»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

DA proposes over P500 billion budget for 2025

The Department of Agriculture (DA) is proposing a P513.81 billion budget next year, more than double its current allocation of P208.58 billion to improve the country’s food security......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

House of Representatives ratifies bicam report on P3.002-T national budget for 2016

MANILA, Dec. 17 (PNA) — The House of Representatives assured there will be no reenactment of this year’s national budget by ratifying Wednesday night the bicameral conference committee report on House Bill........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Budget shortfall unlikely to return to pre-COVID-19 level — DBCC

Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Budget shortfall unlikely to return to pre-COVID-19 level — DBCC

Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Budget shortfall unlikely to return to pre-COVID-19 level — DBCC

Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Government budget back to deficit in February

The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024