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Farmers’ group: High retail prices of rice to persist
High retail prices of rice will persist as imported varieties dominate the local market, farmers’ group Samahang Industriya ng Agrikultura president Rosendo So said yesterday......»»
Sinulog 2024 Grand Parade, Ritual Showdown live updates
CEBU CITY, Philippines–These are the latest updates on the Sinulog Festival 2024 Grand Parade being held at the South Road Properties (SRP) in Cebu City on January 21, 2024. Bookmark this page to get the freshest updates on one of the highlights of the Sinulog 2024 Festival. LIST: Sinulog 2024 Grand Parade contingents This year’s.....»»
‘El Niño unlikely to cause crisis’
The El Niño phenomenon being experienced in the country is not expected to result in a crisis as food, water and power supplies are adequate during the critical months, an official of the El Niño Task Force said yesterday. Task force spokesperson Joey Villarama said that with all the preparations, interventions and mitigations being done by the government, he does not foresee the El Niño phenomenon creating a crisis......»»
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......»»
Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»
High rice prices to persist until September – DA
Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»
High temperatures persist amid scattered rains: Pagasa
High temperatures persist amid scattered rains: Pagasa.....»»
Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies
In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
Murder case filed vs 5 tagged in slay of Lapu market collector
LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»
El Nino costs Philippine agriculture up to 18.9 mln USD
MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»
Xinhua world economic news summary at 0900 GMT, March 6
MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»
A Quick Guide to Online Gambling and Financial Responsibility
With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»
Fiesta Señor 2024 fluvial procession live updates
Cebu City, Philippines–Check out the latest updates on the Fluvial procession and solemn foot procession of the Fiesta Señor 2024 in Cebu City. MV Martin 8 is the galleon for fluvial procession 2024 The MV Martin 8 will be carrying the blessed images of Señor Sto. Niño, the our Lady of Guadalupe, and St. Joseph.....»»
Vocation Month launched to address lack of priests and nuns
CEBU CITY, Philippines — There is a crisis in religious vocation and formators in Cebu are hoping to encourage more people to consider being a nun or priest by working together and reaching out to the young during this vocation month of February. There is a “crisis” in the decrease of the number of people.....»»
Red Sea crisis could draw investments to Philippines – ECCP
The Red Sea crisis may serve as an opportunity for the Philippines to attract more European companies into the country, according to the European Chamber of Commerce of the Philippines......»»
Training program on dealing with controversies, crisis
The Center for Global Best Practices will host an SEC-accredited training program, titled “Dealing with Controversies and Crisis Communication,” on April 17, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
The Wallenberg whirlwind trip
It may have been a quick three-day trip to the Philippines of a member of Sweden’s richest business family, but Mr. Marcus Wallenberg, chairman of both SEB, a leading North European financial group with a current market value of $30.61 billion (approximately P1.7 trillion) as of March 2024, and Saab, a prominent Swedish defense and security company with a market value of $10.36 billion (roughly P580.18 billion) as of the same period, managed to pack in several key meetings on his second day......»»
China Will Be Global Force for Peace : Wang Yi
TEHRAN (Tasnim) - China will be a global force for peace and stability, the country's foreign minister, Wang Yi, said at a press conference in Beijing on Thursday. - Other Media news - "In the face of complex turmoil in the international environment, China will persist in being a force for peace, a force for stability, and a force for progress in the world," Wang told reporters, AFP reported.Wang mad.....»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»