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RCBC auto, housing loans hit P121 billion
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»
DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake
The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»
Cebu Province passes ‘Good Financial Housekeeping’ from DILG
CEBU CITY, Philippines — The Cebu Provincial Government recently passed the Department of Interior and Local Government’s (DILG) ‘Good Financial Housekeeping’ (GFH) for the year 2023. Based on DILG’s data on Jan. 25, 2024, Cebu Province is among the passers of the GFH. This assessment is given to an LGU that exhibits compliance with accounting.....»»
Government tackling high construction costs
The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»
Taguig shuts down 3 vape shops
The local government of Taguig has ordered the closure of three vape shops for violating the city’s smoke-free ordinance......»»
Lapu-Lapu to collect environmental fee for water activities starting May 1
LAPU-LAPU CITY, Cebu- Starting May 1, the Lapu-Lapu City government will already collect environmental fee of P100 from each of the visiting tourists who engage in water activities. Councilor Annabeth Cuizon said the City Council passed an ordinance that will authorize the collection of the P100 fee last year. It was recently signed by Mayor.....»»
Durant passes Shaq for 8th place in all-time NBA scoring list
Phoenix superstar Kevin Durant has officially hurdled NBA legend Shaquille O’Neal for eighth place on the NBA’s all-time scoring leaders list on Thursday (Manila time)......»»
President Marcos hopes Congress passes nuclear investments bill
President Marcos expressed hope that Congress would pass bills allowing US nuclear firm Ultra Safe Nuclear Corp. (USNC) to undertake its project in the Philippines as the government continues to explore ways to ensure access to clean and affordable energy sources......»»
Article 23: Hong Kong passes tough security law after years of protests
The government announced today a new policy aimed at promoting the usage of renewable energy in businesses and households across the country. The policy includes.....»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
DILG chief urges industry players to build resilent structures
Housing and real estate industry players should build resilient structures with the necessary facilities for proper sewage management, water and sanitation as well as drainage and wastewater treatment, according Interior and Local Government Secretary Benjamin Abalos Jr......»»
Why is Canada capping foreign students and who will be impacted?
Canada on Monday announced a two-year cap on the intake of foreign students after an explosive growth in recent years aggravated the housing shortage. Last year Canada issued nearly one million study permits, about three times that of a decade ago, according to government data and the new proposal will cut the intake by nearly.....»»
Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF
Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»
Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF
Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»
Health aging ordinance awaiting IRR
THE Health Aging Ordinance of Davao City is now awaiting the completion of its implementing rules and regulations (IRR) to begin its enforcement, Davao City Second District Councilor Richlyn N. Justol-Baguilod, chairperson of the committee on health, revealed this during the Aprobado sa Konseho at the Sangguniang Panlungsod on Tuesday, April 16, 2024......»»
Calorie counts on menus required for Quezon City restaurants
Quezon City Mayor Joy Belmonte has approved an ordinance that will require restaurants, fastfood chains and other food establishments to publish the calorie count of food items on their menus......»»
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.....»»
Davao City to build shelter for watchers, runners of Lumad, Muslim patients
DAVAO CITY (MindaNews / 27 February)—A shelter valued at P42 million will be provided for the watchers and runners of indigenous people (IP) and Muslim patients at the Southern Philippines Medical Center (SPMC) compound. The allocation for a 200 sq.m. shelter was contained in an ordinance approved by the Sangguniang Panlungsod Tuesday. The shelter will […].....»»
Complaints filed against 3 Chinese nationals for using firecrackers
DAVAO CITY (MindaNews / 13 February)—Complaints have been filed against three Chinese nationals on Tuesday before the Office of the City Prosecutor for violating the 21-year-old ordinance of Davao City banning the use of firecrackers during the celebration of Chinese New Year at the Royal Pines Subdivision here at 12:06 a.m. on Saturday, a local […].....»»
3 Chinese nationals nabbed for violating Davao City’s firecracker ban
DAVAO CITY (MindaNews / 11 February) – Three Chinese nationals who used pyrotechnics to welcome the Chinese New Year here are facing charges for violating City Ordinance 060-02 or the firecracker ban. Arrested by operatives of the Davao City Police Office (DCPO) for using pyrotechnics at the Royal Pines Subdivision along Shrine Hills in Matina […].....»»