Man-made disasters cost Philippines 164.87 mln USD in 2023
MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
New Zealand commits 25 mln USD for ADB s energy transition mechanism
MANILA, April 19 (Xinhua) -- The Asian Development Bank (ADB) on Friday said that New Zealand has committed 25 million U.S. dollars to the ADB Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia. The commitment was made by New Zealand Prime Minister Christopher Luxon during his two-day official visit to the Philippines. "We ar.....»»
‘Climate change inaction cost to reach P1.4 trillion by 2030’
The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»
‘Problematic power generation doubled electricity cost’
From P6 to P7 per kilowatt-hour, the cost of electricity has doubled to P11 per kwh due to problematic power generation, according to Sen. Sherwin Gatchalian......»»
Ong: Electricity cost
Ong: Electricity cost.....»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
Cebu Pacific wins accolades as among best low-cost, Safe Airlines
Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»
Cebu Pacific named among safest budget carriers globally
Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»
DSWD allots Php537M emergency cash aid to shear line, quake-hit families in Samar, Mindanao
Three Field Offices of the Department of Social Welfare and Development (DSWD) started on January 18 the simultaneous payout of cash assistance, through the Emergency Cash Transfer (ECT) program, for the families affected by a triad of disasters that occurred in the last quarter of 2023 to help them recover and resume their normal lives. […].....»»
Shooting: Angry man shoots debt collector in San Fernando
CEBU CITY, Philippines – A furious 76-year-old man from San Fernando town, southern Cebu shot the lady collector of his lending business for neglecting her job. The man whom witnesses said was angered by the apparent negligence of his collector who was seen engaging in a drinking spree, also attempted to kill himself on Monday.....»»
Jealousy drives man to burn his own house
CEBU CITY, Philippines — A man who allegedly set his house on fire after a heated argument due to jealousy with his live-in partner was arrested on Wednesday, January 10, 2024. The incident occurred around 4:20 a.m. in Sitio Hunop, Barangay Kansi, Tuburan town. READ: Jealous man nabbed for stabbing his live-in partner, friend Jealousy.....»»
Canada gives Philippines P1.1 billion aid for climate, healthcare efforts
Canada has announced some P1.1 billion in development assistance for the Philippines to support the latter’s efforts in climate adaptation, resilience against natural disasters and improved health care services......»»
Cebu Pacific books P8 billion profit in 2023
Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»
Power spot market prices lower in 2023
The average cost of electricity traded at the spot market went down in 2023, snapping two straight years of increase, the Energy Regulatory Commission said......»»
Lapu-Lapu attack: Man, who punched, molested boy, nabbed
LAPU-LAPU CITY, Cebu — A 25-year-old man was arrested after he allegedly mauled and sexually molested a 7-year-old child and student in a barangay in Lapu-Lapu City on Monday afternoon, February 12, 2024. The man claimed to have a learning disability and a person with a disability (PWD). Lapu-Lapu police arrested the suspect after the.....»»
Julia kay Aga — leading man for all seasons
PUSH NA’YANni Ambet Nabus GULAT na gulat si Julia Barretto nang malamang naging leading man din pala ng mama niyang si Marjorie ang ngayo’y leading man niyang si Aga Muhlach. Although sa nasabing movie ni Marjorie ay si Mikee Cojuangco ang naka-ending ni Aga. “I did not know that. Kuya Aga never told me. Kahit si mama, walang naikuwento na nakatrabaho niya si ….....»»
Man held for ‘sextortion’
A man was arrested in Quezon City on Friday after he allegedly threatened to expose in public the nude photos of a 35-year-old man......»»
Media reports on week of disasters and climate issues
FLOODS, LANDSLIDES, a forest fire, drought - news this month presented a rather frightful state of the country.The climate crisis affects the Philippines quite severely given its location on the western rim of the Pacific Ocean. The country's ranking among the worst affected by extreme weather conditions has been directly experienced by Filipinos. Media included this necessary context in the continuous reporting.....»»
Media reports on week of disasters and climate issues
FLOODS, LANDSLIDES, a forest fire, drought - news this month presented a rather frightful state of the country.The climate crisis affects the Philippines quite severely given its location on the western rim of the Pacific Ocean. The country's ranking among the worst affected by extreme weather conditions has been directly experienced by Filipinos. Media included this necessary context in the continuous reporting.....»»
Multi-hazard platform empowers Filipinos to report disasters in real-time
MapaKalamidad.ph aims to enhance disaster preparedness and response efforts in the Philippines by empowering citizens to share critical information in the face of hazards. .....»»