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DSWD introduces 3 schemes to distribute financial aid
LAPU-LAPU CITY, Cebu — To fast-track the distribution of financial assistance to social pension beneficiaries, the Department of Social Welfare and Development (DSWD) issued Memorandum Circular No. 17, introducing three delivery schemes. This includes cash advances of special disbursing officers (SDOs) of the agency, door-to-door delivery for beneficiaries in critical condition, and the transfer of.....»»
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......»»
Mayor Chan promises legal assistance to swindling victims
LAPU-LAPU CITY, CEBU — The Lapu-Lapu City Government, through the City Legal Office (CLO), promised to provide legal assistance against an alleged swindler, along with her accomplice, after they repeatedly sold lots with questionable status in Barangay Canjulao. On Monday, February 19, the alleged swindler faced around 15 individuals who were her victims, with the.....»»
US to aid Philippines in development of semicon industry
The United States is looking to work with the Philippines to grow its semiconductor industry as it identified it as among the seven countries to benefit from its $500 million program aimed at diversifying its semiconductor supply chain, according to an official of the US Department of State......»»
NICE, Ganda! NICE, SARAP! McDonald’s comes out with oh-so-satisfying Chicken McDo
Summary: McDonald’s Introduces Bigger, Juicier, and Crispier Chicken McDo McDonald’s has unveiled an enhanced version of its beloved Chicken McDo, promising a more satisfying and flavorful experience for chicken enthusiasts. The new and improved Chicken McDo boasts larger and juicier cuts, coupled with a revamped breading process that results in a crispier and flakier skin. This upgrade aims to elevate the dining experience, ensuring that every bite is succulent and fulfilling. In addition to the enhanced chicken offering, McDonald’s is also introducing value-packed meal options to cater to different preferences. Customers can indulge in the 1pc Chicken McDo with DOUBLE Rice for a hearty and filling meal, or opt for the 1pc Chicken McDo with McFloat for a refreshing accompaniment. The reimagined Chicken McDo has garnered praise from renowned personality Vice Ganda, who has expressed her delight with the improvements. McDonald’s has made the new Chicken McDo available for dine-in, take-out, drive-thru, and delivery, ensuring that customers can savor its delectable taste at their convenience. For those eager to explore more exciting deals and promotions related to the Chicken McDo, McDonald’s encourages users to download the McDonald’s App and McDelivery App, and stay updated on social media platforms such as Instagram and Facebook. Overall, McDonald’s Chicken McDo aims to satisfy cravings with its bigger, juicier, and crispier appeal, offering a delectable chicken experience that can be enjoyed anytime, anywhere......»»
SM supports agriculture sector through farm-to-store program
The SM Group is ramping up its support for the country’s agriculture sector through a wider farm-to-store program being undertaken by food retail affiliate and community shopping mall chain WalterMart......»»
MCSAPO to hold jail-based rehab program for female inmates
MANDAUE CITY, Philippines — The Mandaue City Substance Abuse Prevention Office (MCSAPO) is set to conduct a jail-based rehabilitation program for female inmates. This will be the first time that the rehabilitation program will be conducted in the female dormitory. The MCSAPO and Bureau of Jail Management and Penology implemented the program with male inmates.....»»
DSWD refutes allegations on people’s initiative utilizing AICS program
MANILA, Philippines — The Department of Social Welfare and Development (DSWD) denied claims on Friday that its Assistance to Individuals in Crisis Situation (AICS) program was used to incentivize those who signed the people’s initiative to amend the Constitution. According to DSWD Assistant Secretary Romel Lopez, the AICS had rules and regulations in place to.....»»
Continue serving with care, compassion, PBBM tells DSWD
President Ferdinand R. Marcos Jr. emphasized the importance of serving the public with care and compassion during the Department of Social Welfare and Development's (DSWD) 73rd anniversary celebration. He commended the DSWD for its continuous efforts in providing aid to disaster victims and the disadvantaged sectors. President Marcos urged the DSWD to treat the poor and vulnerable with kindness and empathy, highlighting the agency's role in uplifting communities. He also noted the significant increase in the agency's budget, particularly for programs such as Pantawid Pamilyang Pilipino Program (4Ps), senior pension, food catering operations, and the food stamps program. President Marcos emphasized that the DSWD's programs are designed to offer a hand up rather than a handout, aiming to empower individuals and families to improve their circumstances. He underscored the government's commitment to dignified giving and support for those in need, emphasizing the agency's role in providing assistance while promoting self-sufficiency......»»
Japan: Yokohama aims for tourism boost, sustainability with Smart City initiatives
Tokyo [Japan], February 8 (ANI): Nestled in the heart of Japan, Yokohama stands as a coveted tourist destination, captivating visitors with its allure. With a vision for sustainable growth, the city now aims to enhance its charm and appeal by embracing smart initiatives, fostering a more sustainable and intelligent urban experience. To realise this vision, Yokohama City organised the Y-Ship global event in December last y.....»»
Japan: Yokohama aims for tourism boost, sustainability with Smart City initiatives
Tokyo [Japan], February 8 (ANI): Nestled in the heart of Japan, Yokohama stands as a coveted tourist destination, captivating visitors with its allure. With a vision for sustainable growth, the city now aims to enhance its charm and appeal by embracing smart initiatives, fostering a more sustainable and intelligent urban experience. To realise this vision, Yokohama City organised the Y-Ship global event in December last y.....»»
Focus on onboarding Filipinos into formal financial system urged
The Philippines has made significant progress in pushing financial inclusion since 2015, but more work needs to be done in onboarding Filipino adults into the formal financial system, said Queen Maxima of the Netherlands, the UN Secretary General's Special Advocate for Inclusive Finance for Development......»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP: Digitizing microfinance services will boost financial inclusion
Digitizing microfinance institutions could promote further financial inclusion in the country as borrowers from the unserved and underserved segments of the population will be able to access a wider range of financial services......»»
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 […].....»»
CCLEX offers motorists assistance, free towing services on Holy Week
To ensure safe and convenient travel experiences, the Cebu Cordova Link Expressway Corporation (CCLEC) is offering motorist assistance and free towing services to users of its expressway this Holy Week. CCLEC, along with the other toll road networks of Metro Pacific Tollways Corporation (MPTC), is implementing anew its Safe Trip Mo, Sagot Ko (SMSK) motorist.....»»
Shrinking news space: CNN Philippines shuts down due to financial losses
CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
New citizen science program to focus on protection of mangroves
The program aims to manage and protect the Philippines' vital mangrove cover as part of the "BakaJuan Project", with volunteers and stakeholders actively implementing it......»»
Marcos Jr. vows to fund coconut export program
President Marcos has vowed to provide funding for a Philippine Coconut Authority program that aims to plant 100 million coconut trees by the end of his term to reach the goal of making the Philippines the number one coconut exporting country in the world......»»