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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

DOE, DOST partner for R& D on renewable energy

The Department of Energy has partnered with the Department of Science and Technology for the conduct of renewable energy research and development ......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

95 areas in Davao Region still grapple with flooding

Ninety-five areas in the Davao Region continue to grapple with flooding, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). Davao del Norte has the highest number of flooded areas, with 64 barangays affected, followed by Davao Oriental with 22, and Davao de Oro with nine. The region has also experienced over 50 landslides, with Davao de Oro leading with 44 incidents and eight in Davao Oriental. Tragically, a significant landslide in Monkayo, Davao de Oro resulted in nine confirmed deaths, one critical injury, and four individuals still under search and rescue operations. Davao City also recorded casualties due to heavy rains. The adverse weather conditions have affected thousands of individuals and displaced over 4,000 families in evacuation centers. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has provided assistance to the affected families. The heavy rainfall is attributed to a weather system known as a shear line, causing widespread impact in the Visayas and Mindanao areas......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Scientists Create New Map of the World s Coral Reefs

SYDNEY - Using satellite technology and sophisticated machine learning, a team led by marine experts in Australia have created new maps of the world's coral reefs.The scientists discovered there are more coral reefs around the world than previously documented, with Indonesia, Australia and the Philippines having the most coral reefs.Over 100 trillion pixels of data were examined. The result is a high-reso.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Scientists Create New Map of the World s Coral Reefs

SYDNEY - Using satellite technology and sophisticated machine learning, a team led by marine experts in Australia have created new maps of the world's coral reefs.The scientists discovered there are more coral reefs around the world than previously documented, with Indonesia, Australia and the Philippines having the most coral reefs.Over 100 trillion pixels of data were examined. The result is a high-reso.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

DSWD, Ibajay LGU build Child Development Center for kids of ex-rebels

The Department of Social Welfare and Development (DSWD) and the Ibajay local government unit (LGU) have initiated the construction of a Php1.7 million-worth Child Development Center (CDC) in Barangay Cabugao, Ibajay in Aklan province that will benefit the children of former rebels now residing in the resettlement site. DSWD Undersecretary for Inclusive-Sustainable Peace and Special […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

PhlPost partners with USAID on e-commerce initiatives

Recognizing the potential of the Philippine Postal Corp. (PhlPost) as an important partner in expanding e-commerce, even in rural areas, the United States Agency for International Development Philippines is extending its technical assistance through its Strengthening Private Enterprises for the Digital Economy Activity. The initiative aims to help PhlPost develop its digitalization roadmap as part of its modernization program. .....»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Why Collabs Can Be Good for Your Business

One of the things you’ll be faced with in due time as an entrepreneur are collaborations, or collabs, especially now with the advent of technology and how easy it is to network with other businesses through social media. While forging your own path will always be doable, partnering with another brand can unlock benefits you […].....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

CLI to develop more high-end projects

Cebu Landmasters Inc. (CLI), a listed property developer focused in the Visayas and Mindanao, intends to develop more high-end residential projects following the success of its 38 Park Avenue development in Cebu......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2024

Some top tourist spots in Visayas have high coliform level

CEBU CITY, Philippines – Some of the top tourist spots in Central Visayas have poor water quality that might be unfit for swimming, prompting the Regional Development Council here (RDC-7) to urge the government to take action. There are three sites in the region wherein high levels of fecal coliform have been detected. These are.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

NAIA takes flight with SMC’s modernization

The very first thing tourists see when they land in the country is the airport. This is why a much-anticipated development of the Ninoy Aquino International Airport now set to undergo privatization and modernization, heralds a promising era poised to propel further economic growth and elevate the Philippines as a premier destination for tourism and investment......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Go Negosyo, PCCI partner for MSME development

Non-profit group Go Negosyo recently met with officials of the Philippine Chamber of Commerce and Industry as part of efforts to intensify its partnerships with the country’s largest business groups to align with the government’s push to drive development through micro, small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Roosevelt Memorial High School homesite homecoming

Isasagawa ng Roosevelt Memorial High School-Homesite ang Alumni Homecoming at Reunion nito na gaganapin sa darating na Abril 7, 2024, sa Marikina Convention Center sa Barangay Concepcion 2, Marikina City. The post Roosevelt Memorial High School homesite homecoming first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

9 Negros Occidental LGUs cancel classes due to high heat index

Nine local government units in Negros Occidental have canceled classes in public and private elementary and high schools for two days following reports of high heat indexes......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

UAAP debuts junior high school hoops

Junior high school basketball players will be on the spotlight as the UAAP starts the inaugural junior high school basketball tournament this weekend......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

New PNP Provincial Director Conducts Courtesy Calls to High Officials of the Province

After assuming the position as the new head of the Catanduanes Police Provincial Office, Police Colonel Rayan V. Ador conducted a series of courtesy calls to high-ranking officials of the province. PD Ador visited Congressman Jose Bong Teves of the TGP Partylist, Lone District Congressman Leo Rodriguez, Vice Governor Peter Cua, Governor Joseph Cua, as […] The post New PNP Provincial Director Conducts Courtesy Calls to High Officials of the Province appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 31st, 2024

Prices

To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Higher consumption seen to drive GDP growth faster

The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024