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As global economy slows, Philippines bats for intensified financing solutions

The Philippines has called on multilateral financial institutions to step up support and financing solutions to developing nations as the global economy hits a critical point of further slowdown......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

New Mandaue city hall gets P3 billion financing

State-run Development Bank of the Philippines has extended a P3-billion loan financing to the local government of Mandaue in Cebu for the construction of a center that would boost delivery of services......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

FundSpace, Global Dominion tie up to boost SME, individual financing

FundSpace, Global Dominion tie up to boost SME, individual financing.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Mindanao aspirants begin bids in Gov. Jubahib Cup netfest

Promising young talents from the southern regions take center stage in pursuit of titles and ranking points in the Gov. Edwin Jubahib Cup national tennis championships......»»

Category: sportsSource:  philstarRelated NewsFeb 7th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

President Marcos: Look for new fund source for Mindanao railway

President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Agencies pledge P6.3B projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 billion for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Agencies pledge P900M projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

Mindanao Tourism Expo 2024 set on Apr 26-28 in CDO

THE Mindanao Tourism Expo (MTEx) 2024 is all set for the second biggest travel expo in Mindanao, highlighting the entire eco-tourism spots, products, and activities in the island on April 26 to 28 at Atrium of Limketkai Center, Cagayan de Oro City......»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

53 Mindanaoan lawmakers reject Duterte’s calls for Mindanao secession 

Fifty-three House lawmakers from Mindanao signed a manifesto on Wednesday that expressed opposition to former President Rodrigo Duterte’s proposal to secede Mindanao, saying that the challenges that have beset the region can be solved through a “united and sovereign Philippines.".....»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Duterte wants “Independent Mindanao”, but Mindanao solons oppose

While opposing the people’s initiative for charter change which he believes is orchestrated by the Marcos administration, former President Rodrigo Duterte says he is pushing the idea to secede Mindanao. .....»»

Category: newsSource:  davaotodayRelated NewsFeb 1st, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025

LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Ebrahim calls for unity as BARMM marks 5th anniversary

COTABATO CITY (MindaNews / 21 January) — The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) marked its fifth of the six-year transition government, which is led by the Moro Islamic Liberation Front (MILF), on Sunday, January 21. Bangsamoro Interim Chief Minister Ahod “Al Haj Murad” Ebrahim, also the MILF chair, banged the gong Sunday morning, symbolizing the […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

SPMC-Mindanao Heart Institute needs building expansion, exec says

AN OFFICIAL from the Southern Philippines Medical Center (SPMC)-Mindanao Heart Institute said there is a need to expand the institute's buildings to cater to all patients from all over Mindanao......»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

‘Toxic relationship’ is why Mindanao should secede from sinking PH – former lawmaker

MANILA, Philippines — A  “toxic relationship” between Mindanao and the Philippines was the reason why the former should break up with the latter. Davao del Norte 1st District Rep. Pantaleon Alvarez, a former House speaker, said this on why Mindanao should break up with the Philippines. The country was now a “sinking ship” due to.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Mindanao bishops Odchimar and Pacana die on same day, 2 hours apart

DAVAO CITY (MindaNews / 1 February)—Two Mindanao bishops passed on on Thursday, February 1—Tandag Bishop Emeritus Nereo Odchimar at 10:27 a.m. and Malaybalay Bishop Emeritus Honesto Pacana at 12:33 p.m. Last month, two Mindanao bishops also passed away, the 57-year old Pagadian Bishop Ronald Lunas on January 2 and the 89-year old Davao Archbishop Emeritus […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

FACT CHECK | Mindanao comprises 28 provinces, not 27 as ‘Kulas’ writes

The Facebook post of famous Canadian vlogger BecomingFilipino that Mindanao has 27 provinces is wrong. Mindanao comprises 28 provinces as of September 2023, after Maguindanao province was divided into Maguindanao del Sur and Maguindanao del Norte with the ratification of Republic Act 11550 (An Act Dividing the Province of Maguindanao Into Two Provinces, namely: Maguindanao […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

Davao cacao council eyes projects to up farmers’ income

THE chairperson of the Davao Region Cacao Industry Development Council (DRCIDC) shared that they are preparing projects to increase the farmers’ income with the help of Mennonite Economic Development Associates (Meda)......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Cebu City sets 14 road opening, widening projects worth P3.8B

  CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024