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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.....»»
Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow
CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Suspected terror fund facilitator caught using remittance centers
Emmett Manantan of the Anti-Money Laundering Council confirmed that the suspect Myrna Mabanza used money service businesses to transfer funds to members of the Abu Sayyaf Group.....»»
SSS pushed P300 million into REITs in Q4
Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»
House expedites release of P35M aid for Davao disaster victims
The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»
Raymond Garcia suspends new Palaro procurements pending review
CEBU CITY, Philippines — Acting Cebu City Mayor Raymond Alvin Garcia has ordered the “immediate suspension” of all new procurements related to the city’s hosting of the Palarong Pambansa 2024 in July pending a review of the proposals. Garcia said he wants to make sure that they only spend government funds on what’s needed. “Daghan.....»»
MIC wants to join global network of SWF
State-run Maharlika Investment Corp. (MIC) is applying to be a member of the global network of sovereign wealth funds (SWF) in a bid to boost transparency and good governance......»»
MMDA buses flagged for using EDSA busway
Government vehicles have been flagged again for illegally using the EDSA bus lane......»»
3 nabbed for using FL’s name in extortion scheme
Three persons are facing criminal charges following their arrest in Pasay City for allegedly using the name of First Lady Liza Marcos in extorting P5 million from a businessman......»»
House eyes bigger wage hike of up to P350 a day
MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»
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. […].....»»
Trader wants refund for ‘wrong’ package
Trader wants refund for ‘wrong’ package.....»»
MVP wants longer contract period for MRT-3
One of the potential bidders for the privatization of the Metro Rail Transit Line 3 wants the government to award a new concession with a service contract longer than 15 years......»»
Rama wants Cebu City residents to vote for governor
Rama wants Cebu City residents to vote for governor.....»»
BM wants mental health workshop for teachers
BM wants mental health workshop for teachers.....»»
Why Choosing the Right Tools and Equipment Helps Boost Productivity
Improvising and being resourceful is a good trait for an entrepreneur but being too much of it can also harm the productivity and safety of the business. Using proper tools and equipment can help lessen the workload and make business operations much smoother. Here are three reasons why using the right tools and equipment is […].....»»
Military personnel banned from using TikTok
Military personnel are banned from using TikTok amid concerns over its possible use for espionage by China......»»
Russia using thousands of SpaceX Starlink terminals in Ukraine, WSJ says
Russian troops in Ukraine are using thousands of Starlink satellite communications terminals made by Elon Musk’s SpaceX, the Ukrainian military intelligence chief told the Wall Street Journal in an interview published on Thursday. Lieutenant General Kyrylo Budanov said that Russian troops have been communicating over the Starlink system “for quite a long time” and acquired.....»»