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P3-M damage reported in school building fire
The Davao City Police Office (DCPO) reported a devastating fire at F. Bustamante National High School in Tibungco, Davao City, on January 14, causing an estimated P3 million in damages. The fire affected 14 rooms, with nine being totally damaged and one partially damaged. The Bureau of Fire Protection-Davao (BFP-Davao) struggled to contain the blaze, which lasted for two hours. Fortunately, there were no reported casualties or houses affected despite the school's proximity to a residential area. Investigations into the cause of the fire are ongoing. This incident adds to a series of school fires in the region, with three state-owned schools destroyed in 2023. The BFP-Davao and Team Davao Rescue have responded to over 15 fire incidents in the first and second weeks of January 2024, indicating a significant increase compared to the same period in 2023......»»
Fitch sees Philippine economy growing by 6.4% in 2024
“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
Triple-double party: Doncic, Jokic all-around threats in big wins
Luka Doncic celebrates his 25th birthday with his 67th career triple-double with the Mavs as Nikola Jokic continues to make another MVP case, tallying his fourth straight and 19th overall triple-double for the Nuggets this season.....»»
CTTMO sees timeline problems in citation tickets issued to road workers
A REPRESENTATIVE from the Davao City Transport and Traffic Management Office (CTTMO) said there should be a clear timeline for the citation tickets issued, particularly to the Department of Public Works and Highways-Davao Region (DPWH-Davao) contractors implementing road works that would heavily affect the city's traffic situation......»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
NEDA chief sees 2015 growth at 6% despite typhoons
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
Security Bank sees 5.8 percent economic growth in Q4
Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
NBA: James triple-double pulls Lakers past Grizzlies
LeBron James returned from a one-game absence to post a 23-point triple-double on Wednesday and lead the Los Angeles Lakers to a 136-124 NBA victory over the Memphis Grizzlies. James sat out the Lakers’ come-from-behind double-overtime victory over the Milwaukee Bucks on Tuesday with a sore left ankle. READ: NBA: Giannis tows Bucks over Thunder .....»»
NBA: James has triple double as Lakers outgun Warriors in thrilling double-OT game
SAN FRANCISCO — LeBron James made a pair of free throws with 1.2 seconds left in the second overtime to cap his triple-double of 36 points, 20 rebounds and 12 assists, outdueling Stephen Curry as the Los Angeles Lakers held off the Golden State Warriors 145-144 on Saturday night. Curry hit a go-ahead 3-pointer with.....»»
DSWD-11 launches ‘Program SOLo’ for solo parents in Davao
IN A significant move towards supporting solo parents in the region, the Department of Social Welfare and Development-Davao Region (DSWD-Davao) officially launched the Program SOLo (Strengthening Opportunities for Lone Parents) on March 14, 2024. The launch took place through a ceremonial signing of the Memorandum of Agreement between the Local Government of Panabo and DSWD-Davao......»»
Cua, Fuertes continue winning ways in PPS Bansalan netfest
Dhea Cua continued to flaunt her exceptional skills in the Davao region swing of the PPS-PEPP junior tennis circuit, scoring another double victory in the girls’ 16- and 18-and-under categories in the Gov. Yvonne Cagas Championships......»»
‘Lucky to have Bolick’: NLEX guard takes over late in comeback win
Robert Bolick erupts for 16 points in the fourth quarter as NLEX erases a double-digit deficit in the fourth quarter to turn back Meralco.....»»
DSWD-Davao to aid disaster victims in recovery, rehab amid regionwide ECT payouts
THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) reaffirmed its commitment to aid all victims of recent disasters in the Davao Region on their journey towards recovery and rehabilitation......»»
39 LGUs in Davao region suspend classes due to bad weather
DAVAO CITY (MindaNews / 16 January) – At least 39 localities in the Davao region, including this city, suspended classes in public and private schools as of 7:55 a.m. Tuesday due to heavy rains since Monday night, which triggered flooding in some areas. The local government unit (LGU) of Davao City suspended classes in all […].....»»
Davao Light pushes for paperless billing
The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»
DMW-Davao hails citizens vigilance for foiled illegal recruitment in Davao City
ACTING on a Dabawenyo’s information of an alleged illegal recruitment activity on its official Facebook page, the Department of Migrant Workers-Davao Region (DMW-Davao) endorsed the report to the National Bureau of Investigation-Southeastern Mindanao Regional Office (NBI-Semro) leading to a criminal investigation of three reported illegal recruiters last March 2, 2024 in Toril, Davao City by the City Prosecution Office......»»