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Learn effective utilization of government funds

Inefficient utilization of funds has been a continuous problem in the public sector, causing delays or non-implementation of government programs, projects, and activities, among others. Such issues defeat the purpose of budgeted and allocated funds that should benefit the general public......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

NEDA approves 23 new priority infrastructure projects

The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

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)......»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Bad for Phl’s image

While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Daily Gospel, April 2

This is the Daily Gospel for today, April 02, 2024, which is Tuesday of Easter Week. READ MORE: Daily Gospel, April 1 Daily Gospel, March 30 Holy Gospel of Jesus Christ according to Saint John 20, 11-18. Mary Magdalene stayed outside the tomb weeping. And as she wept, she bent over into the tomb and.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Marvin hell-bent on punching way to Paris Olympics

Not to take part, but to take over......»»

Category: sportsSource:  philstarRelated NewsMar 27th, 2024

DENR looks hell-bent on destroying nature

In May 2007 a Korean erected a resort-spa atop Taal Volcano, Batangas......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

BKFC mounts Philippines ‘invasion’

Bare Knuckle Fighting Championships Asia (BKFC Asia) is bent on making the Philippines a major hub for the sport in the next few years......»»

Category: sportsSource:  philstarRelated NewsMar 8th, 2024

TNT aims to reassert PBA 3x3 dominance

Multi-titled TNT eyes another “grand slam” feather to its cap with nine hungry challengers bent on crashing the Triple Giga party......»»

Category: sportsSource:  philstarRelated NewsFeb 18th, 2024

Hotshots don’t think so a wrap for Beermen?

San Miguel Beer is intent on coming out of this Valentine’s Day date with the ring. Magnolia is bent on gaining salvation on Ash Wednesday......»»

Category: sportsSource:  philstarRelated NewsFeb 13th, 2024

Groups urge, caution Recto on wealth tax

Finance Secretary Ralph Recto should consider taxing the wealthy if he is hell-bent on widening the country’s fiscal space, but such a move may boomerang and cost him his political goals, if any, yet again......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

NEWS BRIEFS | 06 March 2024

6 Army engineering battalions harnessed for combat CAGAYAN DE ORO (MindaNews / 06 March) – The Philippine Army activated six reorganized engineering battalions into combat units as the Armed Forces of the Philippines shifts its attention from internal to territorial defense. The engineering battalions are currently deployed around Marawi City, helping in the rehabilitation and […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Philippines Says Catholic Mass Bombing Mastermind Is Dead

Manila, Philippines - The alleged mastermind of a bombing at a Catholic Mass in the southern Philippines has died after a clash between members of a pro-Islamic State group and government troops, officials said Monday.Four people were killed and dozens wounded in the Dec. 3 attack on worshippers inside a university gym in Marawi, the country's largest Muslim city, that was later claimed by the Islamic State grou.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Philippines Says Catholic Mass Bombing Mastermind Is Dead

Manila, Philippines - The alleged mastermind of a bombing at a Catholic Mass in the southern Philippines has died after a clash between members of a pro-Islamic State group and government troops, officials said Monday.Four people were killed and dozens wounded in the Dec. 3 attack on worshippers inside a university gym in Marawi, the country's largest Muslim city, that was later claimed by the Islamic State grou.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

MSU bombing brains not among those killed in Lanao del Sur clashes – military

The military says a manhunt is ongoing for six other terrorists, including the mastermind of the December 3, 2023 bombing in Marawi, who managed to escape.....»»

Category: newsSource:  rapplerRelated NewsJan 30th, 2024

Soldiers kill 2 suspects in Marawi bombing, 6 others in Lanao del Sur

The military says at least five Scout Rangers were wounded in the fierce clashes in Lanao del Sur.....»»

Category: newsSource:  rapplerRelated NewsJan 27th, 2024