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Banks’ bad loans ratio highest in 8 months
The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»
51 fires recorded in just 2 months
51 fires recorded in just 2 months.....»»
Manaliling Bulan (Switching Months)
Manaliling Bulan (Switching Months).....»»
Metro Global given 6 months to avoid involuntary delisting
The PSE gave notice to Metro Global Holdingsthat it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange......»»
School vacations in summer months to be back — DepEd
MANILA, Philippines — Adjustments have been made by the Department of Education to return to the old school calendar, wherein vacations take place during the summer months. This followed after they received mounting complaints from teachers, learners and parents about the extreme heat that students had to endure in public school classrooms especially during their.....»»
Ecozone investments up 19 percent in 2 months
Investments approved by the Philippine Economic Zone Authority grew at a robust pace in the first two months of the year, making it on track with its investment approval targets for the year......»»
Want to be an analog astronaut? Prepare to be bored.
'They’re looking for people who can be bored for a very, very long time. Imagine yourself living in Mars — or even just enclosed in a capsule traveling to Mars for four months.... Can you be sitting in a capsule for four months?' Filipino analog astronaut Kristine Atienza says......»»
‘Tired’ Donny Pangilinan hasn’t taken a day off for 5 months
Although grateful for the blessings coming his way, Donny admitted being so tired from working as the actor who just turned 26 last February 10 said that he has not taken a proper rest day for the past five months......»»
5 maritime-related incidents reported in WV in 3 months
5 maritime-related incidents reported in WV in 3 months.....»»
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......»»
Palestinians brace for Rafah evacuation, Israeli assault plan
More than a million people driven southwards by more than four months of Israeli bombing of Gaza are packed into Rafah and surrounding areas on the coastal enclave's border with Egypt.....»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
Budget gap widens to P273 billion in 3 months
The country’s budget shortfall slightly increased in the first quarter as the government continued to spend more than what it generated from revenues......»»
Marcos: No additional EDCA sites in Philippines
The government has no plan of giving US forces access to more military bases in the country under the Enhanced Defense Cooperation Agreement, President Marcos said yesterday, even as he expects expanded joint combat exercises with US and Japanese troops in the coming months......»»
Hot money returns to net inflow in February
More foreign portfolio investments flowed into the Philippines in February, snapping two straight months of net outflows, amid the government’s retail Treasury bond offering......»»
Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
75% dissatisfied with government effort vs inflation – poll
Despite the easing inflation reported in recent months, three in every four Filipinos now say they are dissatisfied with the government’s efforts to control the rising cost of basic commodities, a recent survey conducted by the OCTA Research group showed......»»
Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people
Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»
Communist groups in Cordillera weaker, more rebels yielding to government
Communist groups in Cordillera weaker, more rebels yielding to government.....»»