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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......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippines education to benefit from Cha-cha – NEDA chief
The country’s higher education system will greatly benefit from the easing of economic provisions of the Constitution, allowing the entry of renowned schools in the country, according to Socio-economic Planning Secretary Arsenio Balisacan......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Government sticks to 6.5-7.5 percent growth target for 2024
Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
NGCP starts fixing damage on UN Avenue underground cable
MANDAUE CITY, Cebu – Personnel of the National Grid Corporation of the Philippines (NGCP) on Tuesday checked the underground cable, the 138 kilovolts line, that was accidentally damaged by personnel of a contractor of the Visayan Electric. But NGCP foreman Arnold Rebutazo said that they will still have to excavate the affected area to determine.....»»
Should You Bite on Digital Credit Line Offerings?
Digital credit lines have become a prevalent offering for digital platforms like digital banks and online shopping apps. These readily available lines of credit, often so accessible, can be tempting, especially for unexpected expenses. But before you hit “apply,” it’s crucial to weigh the pros and cons to determine if a digital credit line aligns […].....»»
Marijuana-filled vapes: Cebu City council pushes probe
CEBU CITY, Philippines – The use of marijuana-filled vapes in Cebu City must be investigated and stopped, a Cebu City Councilor said in a proposed resolution. City Councilor Rey Gealon authored the resolution, requesting the Cebu City Police Office (CCPO) to investigate and determine the presence and use of marijuana-filled vapes in the city. The.....»»
DOJ to probe alleged ‘seditious’ statements of ex-Speaker Alvarez
Justice Secretary Jesus Crispin Remulla said that he has ordered an investigation to determine whether Alvarez's statements constitute sedition, incitement to sedition, or even rebellion......»»
How to Budget for Hobbies Without Hurting Your Wallet
Life’s a balancing act, and sometimes that means finding room for the things that bring us joy – our hobbies – even during these trying times. It’s what keeps us sane. However, before you splurge on the latest instrument or that coveted workshop tool, it’s crucial to assess your financial situation. Here’s how to determine […].....»»
Moonton, Silab unveil Philippine qualifier for MWI 2024
Moonton Games has launched its Road to MWI 2024 with Silab and the Philippine Esports Organization (PESO). The competition will determine who will present the country in the coming Mobile Legends Bang Bang Women's Invitational that will take place in the Esports World Cup in Riyadh, Saudi Arabia in July......»»
Minglanilla fire: Probe set to unravel cause of P2.2M blaze
CEBU CITY, Philippines – An investigation is being conducted to determine what caused the Minglanilla fire on Thursday that incurred a damage of P2.2 million. As of this writing, fire officials are looking into the possible cause of the fire in Purok Mangga, Sitio Fatima Lipata, Barangay Linao past 3 a.m. on Thursday. According to.....»»
Probe continues to determine fault in Cotabato van-truck collision
Investigators are still trying to establish who between two drivers was at fault in Monday’s collision of a van and a dump truck that both burst into flames in an accident in Antipas, Cotabato that resulted in the death of 17 individuals......»»
Avoiding the play-in
The NBA regular season ends on April 14, meaning only 20 days are left to determine which teams from the East and West will figure in the dreaded play-in tournament......»»
USC NABC Finals unwraps on Sunday
CEBU CITY, Philippines — The much-awaited finals of the “The Last Dance” North Alumni Basketball Club (NABC) Congressman Bingo Bagtik Matugas Cup of the University of San Carlos (USC) will fire off this weekend at the USC North Campus gymnasium. Four of NABC’s divisions will clash in the finals to determine the champions for this.....»»
E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery
By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»
AMLC to be invited in next Senate hearing on Quiboloy s alleged abuses
The Senate women and gender equality committee has invited the AMLC to attend the next hearing as the panel seeks to determine the extent to which Quiboloy siphoned funding from KOJC followers through money laundering......»»
Senate probe sought on smuggling of luxury cars
Gatchalian, who chairs the Senate ways and means committee, said that the Senate investigation aims to determine "revenue leaks" from the smuggling of luxury cars......»»
Ramadan to start March 12 as Muslims report no sighting of new moon
Viewing the moon to determine the start of Ramadan is ‘part of the tradition of the Prophet Muhammad,’ says Islamic Studies professor Alzad Sattar at a moonsighting event in Manila.....»»