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DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake
The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»
India to make own tank engines as Germany delays deliveries - media
New Delhi could produce more parts for its Arjun Mark 1 model after manufacturers in the EU country anticipated a four-year wait India is planning to develop its own engines for its Arjun Mark 1 tanks, after German manufacturers anticipated at least a four-year wait before production resumes, national media ou.....»»
‘Secret agreement’ with China ‘horrifies’ Marcos
President Marcos is seeking clarification from the Chinese government on the supposed gentleman’s agreement on the West Philippine Sea entered into by Manila and Beijing during the Duterte administration, even as he warned such a deal could have “compromised” the sovereignty and sovereign rights of the country......»»
DENR defends LLDA on lake sharing
The Department of Environment and Natural Resources defended yesterday the decision of the Laguna Lake Development Authority to increase the share of commercial operators in Laguna de Bay, saying it was the local government units who recommended to President Marcos the modification in the sharing agreement as small fisherfolk could not meet the required supply of fish......»»
‘No new taxes likely until 2028’
The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»
PPPs eyed for offshore wind farms in ports
The government may consider public-private partnerships (PPPs) in its plan to transform ports into offshore wind projects, as it could take as much as $80 million to redevelop each one of them......»»
‘Not war with China; don’t rely only on US’ – Marcos Jr.
In an interview on Bloomberg TV last Wednesday, as reported in another national daily, he made two related comments that could represent important government policy stands. First, regarding China’s increasing aggressive moves against Philippine vessels in the West Philippine Sea; second, about the United States’ repeated assurance of its “iron-clad” defense commitment under the 1951 Mutual Defense Treaty. The post ‘Not war with China; don’t rely only on US’ – Marcos Jr. appeared first on Bulatlat......»»
Small businesses may make up 60% of Philippines GDP – Visa
Small businesses in the Philippines may produce as much as 60 percent of the country’s gross domestic product (GDP) if financial institutions and the government could help the sector grow in the coming years, according to global digital payments platform Visa......»»
‘Inflation uptick far from over’
The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»
MRT-3 concession period seen at shorter 10-15 years
The next operator of the Metro Rail Transit Line 3 could end up with a shorter term of at least 10 years, as its role will be limited to managing the railway as the government pays for the cost of its rehabilitation......»»
Business group backs carbon emission trading
The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»
From shame to fame
Whispers and huffs and puffs of frustration and disappointment from losing bidders – coincidentally during a week dedicated to love and lovestruck lovers – made the rounds in the business grapevine but nothing could stop the inevitable. At the end of the work week, the government chose the best offer it received for the upgrade of the Ninoy Aquino International Airport......»»
EDITORIAL — No water to drink
The government is readying mitigation measures amid expectations of a strong El Niño, which could intensify droughts during this year’s dry season......»»
China’s military and government acquire Nvidia chips despite US ban
The sales by largely unknown Chinese suppliers highlight the difficulties Washington faces, despite its bans, in completely cutting off China's access to advanced US chips that could fuel breakthroughs in AI and sophisticated computers for its military.....»»
Knicks-76ers series undergoes twist
The NBA playoff opening-round series between the New York Knicks and Philadelphia 76ers took a dramatic turn after the Last 2 Minute Report revealed missed calls that could have altered the wild ending of Game 2......»»
The 75th PAL Interclub: Celebrating a brilliant legacy
At its core, the PAL Interclub is all about gathering golf aficionados from across the country and overseas for an annual reunion, where they could renew old friendships and gain new ones. Participants return year after year, not so much as to win the championship, but to enjoy fellowship and tradition......»»
Friends remember last moments with Niña Arpon
CEBU CITY, Philippines — After the missing 19-year-old Niña Fuentes Arpon was found lifeless on Tuesday, February 27, people close to her could not help but mourn over her passing. She was found floating in the Mactan channel. The Bachelor of Science in Education (BSED) student of Cebu Technological University (CTU) Consolacion was captured on.....»»
Jinkee Pacquiao leads prayers for Kris Aquino following new health issue
Prayers began flowing in for host-actress Kris Aquino after she revealed new health complications that could put her at major risk for the rest of the year......»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»