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House expedites release of P35M aid for Davao disaster victims

The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»

Source: Sunstar SunstarCategory: NewsJan 19th, 2024Related News

PHL needs to address ‘terrible’ learning crisis – new Ateneo de Davao President

DAVAO CITY (MindaNews / 9 January) – The Philippines is facing a “terrible” learning crisis that must be addressed immediately as the country continues to fare poorly in international-scale assessments, new Ateneo de Davao University (AdDU) President Fr. Karel S. San Juan said. San Juan told reporters during a press conference on Monday that the […].....»»

Source: Mindanews MindanewsCategory: NewsJan 14th, 2024Related News

Iran s Navy Seizes Oil Tanker in Gulf of Oman

DUBAI, UNITED ARAB EMIRATES - Iran's navy seized an oil tanker on Thursday in the Gulf of Oman that once was at the center of a major crisis between Tehran and Washington, officials said. The seizure further escalates tensions in the Mideast waterways.The vessel was once known as the Suez Rajan and was involved in a yearlong dispute that ultimately saw the U.S. Justice Department seize 1 million barrels of Irani.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsJan 14th, 2024Related News

Argentina permitted to tap IMF bailout

The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»

Source: Philippinetimes PhilippinetimesCategory: NewsJan 14th, 2024Related News