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Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- 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, telecommunication infrastructure,.....»»
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.....»»
DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025
LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»
Agencies pledge P6.3B projects for Lapu-Lapu City at CDC
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 billion for Lapu-Lapu City in 2025. The amount.....»»
Agencies pledge P900M projects for Lapu-Lapu City at CDC
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»
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......»»
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)......»»
Higher shipping costs loom as Red Sea route suspended
The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»
185 infrastructure projects to take off after PPP rules signing
An estimated P9.14 trillion worth of 185 flagship projects under the administration of President Marcos may soon commence, following the signing of the implementing rules and regulations of Republic Act 11966 or the Public-Private Partnership Code, lawmakers said......»»
Stell confirms solo projects, new SB19 office
SB19's Stell said he and his group members are working on their solo projects as they are set to end their "Pagtatag" world tour with a two-night concert in May. .....»»
PPP Code to spur more infrastructure projects
An estimated P9.14 trillion worth of 185 flagship projects under the Marcos administration may soon commence following the signing of the implementing rules and regulations of the Public-Private Partnership Code, according to lawmakers......»»
Ed Formoso returns afte 27 years
Ed Formoso was a prolific producer and songwriter during the late ‘70s and winner of four Cecil Awards during the ‘80s for the band Dinosaur. He was a hotshot during those days. Formoso has decided to get back to the swing of things or better put, the rhythm of the music. He is now 69 years old but just like before he is brimming with ideas. These should be interesting given the fact that he has three new originals that make up a new concept project called Sgaaty or Still Gago After All These Years. Leading the batch is a hard rock song War! Oh No! (The Anti-War). Watch out for that ‘still gago’ tag. Formoso might just shake up Filipino music again......»»
The Turf Company offers special promo on 35th year
The Turf Company, the country’s leading provider of products and services to golf courses and other sports-themed recreation facilities, is going full swing with its special promotion next month in line with its 35th anniversary this year......»»
Del Rosario, Superal forge ICTSI Caliraya Springs showdown
Pauline del Rosario birdied No. 18 from 14 feet to shoot a 69 then watched Princess Superal hole out with a bogey for a 71 in a separate flight in a crucial two-shot swing that set up a compelling showdown between two of the Ladies Philippine Golf Tour stalwarts for the ICTSI Caliraya Springs Championship crown......»»
New Zealand Prime Minister Luxon to visit Philippines
New Zealand Prime Minister Christopher Luxon will travel to the Philippines with a senior business delegation next week as part of a three-country swing in Southeast Asia aimed at deepening international engagement, his office announced yesterday......»»
BARMM anti-measles vaccination campaign in full swing
Local executives in the Bangsamoro region on Friday took turns urging constituents to set aside their superstitious beliefs against disease control via vaccination and bring their children to health centers for free anti-measles shots......»»
Lotto results for April 5, 2024
EZ2/LVM - 6 9 SUERTRES - 6 0 4 6D Lotto - 2 7 5 9 6/45 Lotto - 3 32 18 10 11 4 P14,118,336.00 6/58 Ultra Lotto - 39 52 26 43 54 32 P52,060,965.00.....»»
BARMM anti-measles vaccination campaign in full swing
Local executives in the Bangsamoro region on Friday took turns urging constituents to set aside their superstitious beliefs against disease control via vaccination and bring their children to health centers for free anti-measles shots......»»
Lotto results for April 5, 2024
EZ2/LVM - 6 9 SUERTRES - 6 0 4 6D Lotto - 2 7 5 9 6/45 Lotto - 3 32 18 10 11 4 P14,118,336.00 6/58 Ultra Lotto - 39 52 26 43 54 32 P52,060,965.00.....»»
Cebu Pacific FY23 profit: P7.9-B (up 156%)
Cebu Pacific, the Gokongwei Family’s budget airline, reported an FY23 net income of P7.9 billion, up 156% from its FY22 net loss of P14.0 billion......»»