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Rama backs P246-billion mega project in SRP

CEBU CITY, Philippines – Cebu City Mayor Michael Rama has backed the proposed  P246 billion mega project in the South Road Properties (SRP). He stated, “If this aligns with principles of fairness and correctness, why not?” READ: P200B mega project will soon rise in SRP if … Rama also expressed his support for the proposed.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty

The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Charter Day bonus for Cebu City gov’t employees ‘still pending’

CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

SEC awaits ARTA study on proposed higher fees

The Securities and Exchange Commission is ready to implement the proposed hike in charges and fees as soon as it passes the regulatory impact assessment of the Anti-Red Tape Authority......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Labor group defends proposed P100 daily minimum wage increase

Labor group defends proposed P100 daily minimum wage increase.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Proposed US Law Would Protect Human Rights Defenders

Proposed US Law Would Protect Human Rights Defenders.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

P200B projects proposed at SRP

P200B projects proposed at SRP.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Low subsidy forces LRTA to cut budget for train rehab

The Light Rail Transit Authority is cutting its budget for the restoration of trains to make the most of the lower subsidy given to the agency this year......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Espinoza: No budget for coastal roads?

Espinoza: No budget for coastal roads?.....»»

Category: newsSource:  sunstarRelated NewsMar 13th, 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

Council-approved 2024 annual budget ‘ready for implementation’

Council-approved 2024 annual budget ‘ready for implementation’.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Bucana fire damages house and 3 establishments

DAVAO CITY (MindaNews / 18 February) – One house and three establishments were destroyed by fire in Barangay 76-A Bucana Davao City at 3:30 a.m. on Sunday. Capt. Hazel Tuazon, spokesperson for Davao City Police Office (DCPO), said the fire started from the two-story house of Michelle Bolos, a 43-year-old businesswoman, and immediately spread to adjacent establishments. […].....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 20th, 2024

4 PH medicinal herbs for gout, pain relief pass clinical trials

MANILA, Philippines — Back in the 1970s, the government had a dream of providing cheap medicines for Filipinos, especially the poor, who are often left out of health care. Dr. Cecilia Lazarte, director of the Institute of Herbal Medicine of UP Manila’s National Institutes of Health, stressed in 2020 the importance of research on the.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

P4.57 trillion in agency budget released

Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Adjusting Your Budget for Unforeseen Circumstances

Life throws curveballs, and sometimes those curveballs will hit your wallet hard. From unexpected medical bills to car repairs more than what you allocated under “car maintenance,” unforeseen circumstances can disrupt your carefully crafted budget. There are ways to go about this, though. Here are some ways you can adjust your spending plan effectively when […].....»»

Category: newsSource:  metrocebuRelated NewsMar 4th, 2024

DavOro guv refutes claims she barred dept heads from attending SP budget proceedings

DAVAO de Oro Governor Dorothy "Dotdot" Gonzaga clarified the information released by the Office of Vice Governor Jayvee Tyron Uy that among the factors of the delay of the approval of the Calendar Year Executive Budget for 2024 was because she prevented the department heads of the provincial local government unit from attending the Sangguniang Panlalawigan (SP) proceedings......»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024