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Bucana fire damages house and 3 establishments
DAVAO CITY (MindaNews / 18 February) – One house and three establishments were destroyed by fire in Barangay 76-A Bucana Davao City at 3:30 a.m. on Sunday. Capt. Hazel Tuazon, spokesperson for Davao City Police Office (DCPO), said the fire started from the two-story house of Michelle Bolos, a 43-year-old businesswoman, and immediately spread to adjacent establishments. […].....»»
3 injured after fire hits houses in Tisa on Monday morning
CEBU CITY, Philippines – Two fires hit Brgy. Tisa, Cebu City on Monday, February 5, and injured two individuals and left P1.6 million in damages. Based on reports from the Cebu City Fire Office, the first fire occurred at 7:53 a.m. in a house in 1st Naya Village but was immediately put out. Roughly 20.....»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
Shear line damages P172-M worth of agri products, infra in Davao region
DAVAO CITY (MindaNews / 23 January) – The recent heavy rains brought by the shear line destroyed at least P172 million worth of agricultural products and infrastructure in the Davao region. Data from the Department of Agriculture – Davao region (DA-Davao) said the initial damage to palay, corn and other high-value crops reached P145.3 million. […].....»»
P3-M damage reported in school building fire
The Davao City Police Office (DCPO) reported a devastating fire at F. Bustamante National High School in Tibungco, Davao City, on January 14, causing an estimated P3 million in damages. The fire affected 14 rooms, with nine being totally damaged and one partially damaged. The Bureau of Fire Protection-Davao (BFP-Davao) struggled to contain the blaze, which lasted for two hours. Fortunately, there were no reported casualties or houses affected despite the school's proximity to a residential area. Investigations into the cause of the fire are ongoing. This incident adds to a series of school fires in the region, with three state-owned schools destroyed in 2023. The BFP-Davao and Team Davao Rescue have responded to over 15 fire incidents in the first and second weeks of January 2024, indicating a significant increase compared to the same period in 2023......»»
3 dead, 17 injured in multi-vehicle crash in Philippine capital
MANILA, April 30 (Xinhua) -- A speeding bus crashed into several vehicles along a busy highway in the Philippine capital on Monday night, killing three and injuring 17 others, police said on Tuesday. According to the police, the multi-vehicle accident happened around 9 p.m. local time and involved a bus, a passenger van, a taxi, and five motorcycles. Initial investigation showed that the bus first rammed.....»»
2 dead, 9 injured in Philippine capital fire
MANILA, April 22 (Xinhua) -- Two people died and nine were injured in a fire that gutted a residential area in the Philippine capital on Monday afternoon, the Bureau of Fire Protection said. The bureau said the fire, which broke out around 12:45 p.m. local time, took the lives of two female residents. The bureau added that five residents were injured, including a 60-year-old male and a 55-year-old female.....»»
PAL hikes capital to P30 billion
Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»
SEC, UP Law Center partner to boost capital market
The Securities and Exchange Commission has joined forces with the University of the Philippines Law Center to boost the capital market......»»
Onion capital holds Sibuyas Festival
Onion capital holds Sibuyas Festival.....»»
Singlife gets P600 million capital infusion
Digital life insurance firm Singlife Philippines has secured a P600-million capital infusion from its parent company in Singapore as it moves to grow its market presence in the country......»»
Pre-dawn fire in Philippine capital kills 1
MANILA, March 30 (Xinhua) -- A 59-year-old man died in a pre-dawn fire that gutted a house in the Philippine capital Manila on Saturday, a firefighter officer said. Ronaldo Sanchez, marshal at Navotas City Fire Station, said the fire broke out at around 3 a.m. local time and trapped the victim on the second floor of the three-story house. Sanchez added that the victim was fast asleep when the fire spread,.....»»
Kyoto: Japan s Cultural Capital
Kyoto: Japan s Cultural Capital.....»»
Bago farmers get P1-M capital trading support
Bago farmers get P1-M capital trading support.....»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
DBP seeks capital buildup of up to P300 billion
State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»
SEC streamlines capital raising for power firms
he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»
Recto urges PSE to work with government in transforming PH capital market
Recto urges PSE to work with government in transforming PH capital market.....»»
ALI to raise P50 billion in debt capital
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»
Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies
Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»