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Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Marcos OKs military’s P2-trillion wish list for weapons, equipment

MANILA, Philippines — President Ferdinand Marcos Jr. has approved the military’s revised wish list for new weaponry and equipment to shore up the country’s defenses against threats, in the face of a rapidly evolving regional security landscape. The updated acquisition plan called “Re-Horizon 3” will focus on “an array of capabilities which will range from.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Al-ag proposes to repeal ordinance requiring delivery riders biz permits

Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Security guards confiscate equipment of photojournalist in Cavite

CMFR/PHILIPPINES — Private guards confiscated the equipment of a photojournalist covering a land dispute in Barangay Tartaria, Silang Cavite on April 20, 2024. Cavite is located 68 kilometers south of Metro Manila.Photojournalist Jose Monsieur Santos was inside the kampuhan (campsite) of residents of Tartaria when security guards of Jarton Security Agency barged into the site past midnight to fence off an.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Czech Republic to supply Philippines with military equipment

The Czech Republic is ready to supply the Philippines with the latest defense technology and equipment to support its ongoing military modernization program, Prime Minister Petr Fiala told President Marcos......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 7

TOKYO -- Approximately 5.5 tons of water containing radioactive materials have leaked from equipment at Japan's Fukushima Daiichi nuclear power plant, local media reported Wednesday. At about 8:53 a.m. local time on Wednesday, workers discovered water leaking from the outlet of a device used to purify nuclear-contaminated water during the inspection of the equipment, Fukushima Central Television reported, citing.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 7

TOKYO -- Approximately 5.5 tons of water containing radioactive materials have leaked from equipment at Japan's Fukushima Daiichi nuclear power plant, local media reported Wednesday. At about 8:53 a.m. local time on Wednesday, workers discovered water leaking from the outlet of a device used to purify nuclear-contaminated water during the inspection of the equipment, Fukushima Central Television reported, citing.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Bataan farmers, LGUs receive farm equipment

Farm machinery and post-harvest equipment worth up to P35 million were distributed to 23 farmer cooperatives and local government units in Bataan on Friday, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

Antique mayor sinapak vice mayor dahil sa ayuda

INAMIN ni Antique Gov. Rhodora Cadiao na sinuntok ng isa nilang alkalde ang vice mayor nito dahil sa pamamahagi ng ayuda sa kanilang mga nasasakupan. The post Antique mayor sinapak vice mayor dahil sa ayuda first appeared on Abante......»»

Category: lifestyleSource:  abscbnRelated NewsApr 30th, 2024

Cash-rich Mayor Cabaron intertown twin sports tilts set in May

CEBU CITY, Philippines — Moalboal town mayor Inocentes Cabaron will once again treat sports fans in southwest Cebu with a cash-rich inter-town men’s basketball and men’s & women’s volleyball tournament for their fiesta celebration in May.  The town has been active in sports, hosting a Cebu Schools Athletic Foundation Inc. pre-season basketball tilt featuring Cebu’s.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

Moalboal inter-town hoopla unfolds on March 9

CEBU CITY, Philippines— The Municipality of Moalboal will once again roll out the red carpet for sports as the cash-rich 2nd Mayor Inocentes Cabaron Invitational Inter-town tournament unfolds on March 9 at the town’s sports complex. A dozen teams will compete for a whopping P500,000 worth of cash prizes in this annual cage fest. For.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

2 activists kidnapped in Pangasinan

The Commission on Human Rights has called for a search for two environmental rights defenders and church workers who were reportedly kidnapped in Pangasinan last weekend......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

SMC starts works on Pangasinan tollway

Food-to-infrastructure conglomerate San Miguel Corp. (SMC) has started the civil works for the Pangasinan Link Expressway (PLEX), laying the bedrock for a P34-billion project that would improve travel and tourism in Northern Luzon......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Pinoys charged for abandoning corpses arrested anew for murder

Two Filipinos earlier charged for allegedly abandoning the dead bodies of a Japanese couple in Tokyo in January have again been arrested, this time on murder charges. .....»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Calinan District residents protest vs disguised Cha-cha

Residents from the 19 barangays in Calinan District rallied against the disguised People's Initiative for Charter Change in a protest held on January 19, 2024. Organized by the barangay captains, around 100 individuals from each barangay gathered at Rizal Park, chanting Dabawenyos are not for sale and expressing their disapproval of the alleged cash-for-signature scheme. The protest emphasized the residents' desire for fairness and a better government approach, rejecting the notion of exchanging signatures for money. Participants, including both young and old residents, voiced their opposition to the charter change, with the youth expressing concerns about power-hungry officials. Even 75-year-old Rosminda Amarilla joined the protest to question the need for change after numerous presidents have governed without such alterations. The rally, which included a motorcade and drew approximately 300 participants, received disapproval from Congressman Paolo Pulong Z. Duterte and Congressman Isidro Ungab, who alleged that the signature campaign was orchestrated by leaders of the Pwersa ng Bayaning Atleta (PBA) Partylist. As of the latest update, PBA Representative Margarita Atty. Migs Nograles has yet to release a statement on the matter......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Groups urge to include placemaking in planning for public spaces

The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Limgas na Pangasinan organization launches 2024 pageant

Pageant chairperson Maan Tuazon-Guico, together with the local chief executives and tourism officers of the LGUs represented, formally introduced the twenty candidates for the Limgas na Pangasinan 2024 pageant to members of the media at the ballroom of The Monarch Hotel in Calasiao......»»

Category: entertainmentSource:  philstarRelated NewsApr 5th, 2024

Manila Water trying to rehydrate P8-B Pangasinan deal

According to reporting, Manila Water and the Government of Pangasinan are exploring “an opportunity to revisit the conditions precedent of the old contract and renew the partnership for the benefit of Pangasinenses.”.....»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024