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Marcos admin eyes building 20 new dams by 2028

To meet the country’s growing demand for water and power, the government is eyeing to build 20 medium and three to five large dams by 2028, the end of President Marcos’ term, according to National Irrigation Administration head Eduardo Guillen......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Recto sets sights on ‘more realistic’ targets

Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Philippines 10-year nuclear plan ‘too late,’ says climate analyst

The long-term nuclear plan outlined by the Department of Energy is “too long, too late” due to the climate emergency, a climate analyst said, suggesting instead the prioritization of building renewable energy facilities......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

‘Number of weakened guerrilla fronts down to 11’

The decades-old communist rebellion is left with about 1,500 members and 11 “weakened” guerrilla fronts as of the end of 2023, the government’s anti-insurgency task force said......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Over 40 defective weighing scales seized in Carbon Market

CEBU CITY, Philippines — The Office of the City Markets (OCM) of the Cebu City Government has confiscated over 40 defective weighing scales in Carbon Public Market as of March 21. Led by Market Administrator Robert Barquilla, the operation, dubbed “Operation Timbangan,” aims to ensure accurate measurements for customers. Barquilla, with assistance from Task Force.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

SC: Lorraine Badoy guilty of indirect contempt for red tagging judge

MANILA, Philippines — Loraine Badoy-Partosa, former spokesperson of the government’s anti-insurgency task force, has been found guilty by the Supreme Court (SC) of indirect contempt for red-tagging a Manila Regional Trial Court (RTC) judge. Badoy was ordered to pay a fine of P30,000 and warned against repeating the same or similar acts in the future,.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Prof. Schlevogt s Compass 7: Five global supertrends that will transform the world during the new megacycle

The old world is giving way to a new order. What key political-economic drivers of change are destined to shape our lives in the medium term? According to an adage that is popular in the financial community, economists are sufficiently competent to correctly predict ten out of five recessions. Despite.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Leyte mayors create task forces vs bird flu

Amid the reported cases of avian influenza or bird flu in Kananga town in Leyte, the mayors of two other towns in the province have created task forces to implement measures to prevent the spread of the disease......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

When have you felt incapable or ill-equipped for a task or role you felt God calling you to fill?

When have you felt incapable or ill-equipped for a task or role you felt God calling you to fill? How did God help you?.....»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Mandaue City councilor questions plan to purchase P4M van

MANDAUE CITY, Philippines — A Mandaue City councilor has questioned the plan to purchase a P4 million coaster van for the Mandaue Investment Promotions Tourism Action Center (MIPTAC). On Monday, March 11, 2024, the councilors passed on second reading a proposed ordinance authorizing Mayor Jonas Cortes to purchase one unit of a 29-seater coaster amounting.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Bank loans used as RRR compliance hit P6.4 billion

Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Creador invests P4 billion into Asialink

Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

BCDA sets transfer of PAF facilities to New Clark City

The Bases Conversion and Development Authority is moving forward with the P4.24 billion project to transfer the Philippine Air Force housing facilities from the Air Force City in Clark Freeport Zone to an 85-hectare property in New Clark City......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Gokongweis dream big, launch ‘The Jewel’ to match Marina Bay Sands, Twin Towers, Taipei 101

Robinsons Land CEO Lance Gokongwei tells Rappler the Philippines will be proud of the P25-billion 'The Jewel' project along EDSA that they hope will become an architectural icon.....»»

Category: newsSource:  rapplerRelated NewsJan 27th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Government borrows P30 billion from T-bonds

The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Government raises P30 billion from T-bond sale

The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024