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El Niño agriculture damage reaches P151.3 million

Damage to agriculture due to El Niño in Western Visayas and Zamboanga peninsula has reached P151.3 million, with 3,291 hectares of agricultural land affected, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

DA: Shear line agriculture damage reaches P137 million

The shear line’s damage to the agriculture sector in Davao and Caraga reached P136.57 million covering at least 9,043 hectares of rice and corn, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Agri damage from Caraga, Davao landslide hits P78 million

The NDRRMC reported that an estimated P64,069,839 worth of damage was recorded in the Davao Region, while P14,040,579.6 was documented in CARAGA......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Sari-sari stores post P8 billion in sales in 2023

Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Repression Increased in Asia in 2023, Human Rights Watch Says

Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Repression Increased in Asia in 2023, Human Rights Watch Says

Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Over 600-K affected by shear line in Davao

Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Another bridge in Davao Oriental collapsed

A bridge in Caraga, Davao Oriental collapsed due to continuous heavy rains, following the impact of Tropical Depression Kabayan. This is the third main bridge damaged by extreme weather conditions since December 2023. The damaged bridges are still under construction. The collapse has caused isolation for some communities and led to landslides in Barangay Pichon, with at least 64 families sheltered in evacuation centers. The local government, alongside various agencies, is conducting an impact assessment to determine the damage to agriculture and infrastructure. Classes in public and private institutions are suspended until January 20. The community is rallying for strength and optimism amidst the challenges......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Government infrastructure spending scaled up to P121 billion

The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

SMC lauds Korean infrastructure partners

San Miguel Corp. president and CEO Ramon Ang has recognized the contribution of Korean companies in advancing the listed conglomerate’s major infrastructure projects......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

DA forms working teams for infrastructure projects

The Department of Agriculture has formed three teams within the department to oversee the undertaking of infrastructure projects that would boost food production nationwide......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Infrastructure projects get better loan terms from Japan

The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Institutionalize space allocation for ICT infrastructure in development projects – think tank

Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

DENR, DPWH to expedite Mindanao resilient infrastructure programs

Mindanao-wide resilient infrastructure programs will be expedited amid recent disasters in the region, according to the Department of Environment and Natural Resources......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

DBM: Infrastructure, capital expenditures breach P1 trillion

Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

DPWH, DOTr vow to enhance collaboration on infrastructure projects

The Marcos administration is ramping up key infrastructure projects via enhanced collaboration between the Department of Public Works and Highways and the Department of Transportation......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024