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53% drop in Davao City’s road accidents: DCPO-TEU

The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 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

P7.2M worth of dried cannabis seized from local supplier along Kennon Road

At least P7.2M worth of dried cannabis leaves and stalks packed in a cylindrical packaging was seized in a sting operation against a local drug trader along Camp 4, Kennon Road in Tuba, Benguet on Wednesday morning......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Road-clearing ops to ensure emergency road accessibility

THE City Government of Davao carried out a road-clearing operation on February 16, 2023, at Barangay 31-D to ensure emergency road accessibility......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Serious crash near Helensville closes busy road

Police are responding to a serious crash in South Head, Auckland.The crash between two vehicles near the intersection of Evans Road and South Head Road was reported at about 9.51am.Three people were injured in the crash and transported to hospital, one in a serious condition, two others in a moderate condition.The crash has closed South Head Road in both directions.Traffic management is in p.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Section of Devon Road in New Plymouth closed following serious crash

Emergency services are responding to a serious crash on Devon Road in New Plymouth.The crash was reported to Police at 7.10pm and involved several cars.Devon Road is closed between De Havilland Drive and Corbett Road, including access to Airport Drive/New Plymouth Airport.At this stage there is no information regarding injuries but an update will be provided as soon as that information is available.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Serious Crash, Longbeach Road, Willowby

Police are responding to a two vehicle crash on Longbeach Road near Winslow Willowby Road, Willowby, Ashburton.The crash was reported around 5:40pm.One person is in a critical condition, and a helicopter is enroute.The Serious Crash Unit has been advised.The road is blocked and motorists are advised to expect delays.ENDS Issued by Police Media Centre   Sou.....»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Maharlika fund to invest P35 billion for projects in 2024

State-run Maharlika Investment Corp. will invest P35 billion in various projects this year, particularly on energy, mass housing and transportation......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Ecozone investments slip by 9% in 4 months

Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

DENR mobilizing $278 million foreign-funded projects

The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Philippines bags $1.53B worth of investments in Australia

President Ferdinand Marcos Jr. has secured deals worth $1.53 billion or P86 billion in investments during the Philippine Business Forum at the ASEAN-Australia Special Summit in Melbourne, according to the Presidential Communications Office......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Government infrastructure spending scaled up to P121 billion

The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsApr 24th, 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

Balamban site is for road project, not Capitol bldg – Gwen

CEBU CITY, Philippines – The cleared site in Barangay Cambuhawe, Balamban, in western Cebu, is not for the new Capitol building, but for nationally funded road projects. Cebu Provincial Governor Gwen Garcia made this clarification after photos of a deforested mountain in Balamban, initially thought to be the site development of the new Capitol building,.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Infrastructure projects get better loan terms from Japan

The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

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......»»

Category: CCCCCCSource:  philstarRelated NewsMar 28th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024