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How LGUs shoo away investors

While discussing how Charter change can attract investors, my Viber group colleagues wondered if problems with LGU corruption are a bigger turnoff to investors than Constitutional restrictions on foreign investments......»»

Category: financeSource: philstar philstarFeb 8th, 2024

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

Why attract foreign investors?

Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Info on cornerstone investors now required

The Securities and Exchange Commission (SEC) has laid down rules governing cornerstone investors in initial public offerings, requiring issuers to disclose the necessary information on their prospective investors......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

10 Cebu LGUs suspend in-person classes

10 Cebu LGUs suspend in-person classes.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

LGUs suspend in-person classes due to heat

LGUs suspend in-person classes due to heat.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

LGUs tapped for faster distribution of seniors’ cash aid

LGUs tapped for faster distribution of seniors’ cash aid.....»»

Category: newsSource:  sunstarRelated NewsMar 24th, 2024

The Critical Role of LGUs in Streamlining Business Practices

The Critical Role of LGUs in Streamlining Business Practices.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

DA-Davao urges LGUs to monitor areas vs El Niño impact

FOLLOWING the start of the drought season, which peaks in April, the Department of Agriculture-Davao Region (DA-Davao) is encouraging the local government units (LGUs) in the region to conduct monitoring of their areas for the impact of El Niño......»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

NegOcc LGUs to form technical working groups for water security plan

NegOcc LGUs to form technical working groups for water security plan.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

PBBM doles out P265M to LGUs affected by floods, landslides

DAVAO CITY (MindaNews / 8 February)—President Ferdinand Marcos Jr. led on Wednesday the turnover of P265 million in cash assistance to 12 local government units (LGUs) to aid them in recovering from the effects of the heavy rains and landslides brought about by the shear line and the low pressure area the past days. The […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Classification status sa 43 ka LGUs, misaka

Classification status sa 43 ka LGUs, misaka.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

Mati City, 10 municipalities in Davao Oriental suspend classes, work

Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

LGUs bag awards for programs on nutrition

LGUs bag awards for programs on nutrition.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

VG Pineda cites role of LGUs in health programs

VG Pineda cites role of LGUs in health programs.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024