International funding organizations unite to aid RP’s recovery programs

The World Bank, the Asian Development Bank, including the United Nations and the European Commission, have launched recently an assessment program that will determine the extent of damage and loss caused by the recent spate of super typhoons that hit the country, as well as identify measures for immediate recovery and reconstruction of a large [...]

Twin storms cost farmers P24 billion in losses

The country’s farm sector losses mounted to P24 billion, with the rice sector sustaining the biggest damage, the Department of Agriculture (DA) said. Agriculture Secretary Arthur Yap said the rice sector sustained around 80 percent of the estimated amount of damage, or around P19 billion. “The Central Luzon region and large parts of Northern Luzon [...]

Disasters to swell ranks of the poor

Massive destruction of personal property and loss in value of assets in flooded areas point to many people being poorer as a result and would tend to consume and invest less. Major disasters that struck the country this year alone have resulted in the sudden increase in poverty level among Filipinos and have cut the [...]

ECPay scheme will let OFWs pay bills from host countries

LEADING electronic commerce technology provider ECPay, which has been providing the backbone for an estimated P4 billion worth of billing transactions annually, is set to roll out later this year an international payment system, mainly targeting the overseas Filipino worker (OFW) market. The main goal is to “empower the overseas Filipino worker to pay his [...]

Information Hub project triumphs in Bataan

Fully computerized public high schools dubbed as Information Hub (iHub) Project was recently launched as it gained more support of various stakeholders in the province of Bataan. President Gloria Macapagal Arroyo launched the iHub Project which gives computer and internet access to high-school students of the province of Bataan. The formal launching and distribution of [...]

Zambales eyes housing, dike reconstruction for Botolan rehabilitation

Zambales Governor Amor Deloso has lined up socialized housing and the Bucao River dike reconstruction as among the priority infrastructures the provincial government will undertake to rehabilitate the town of Botolan. Botolan was badly ravaged by a series of typhoons and torrential rains that started with tropical storm Kiko last August 6, inundating 10 of [...]

Zest Air launches daily Hong Kong flights at DMIA

Local carrier Zest Air launched its inaugural International flight recently via daily flights to Hong Kong at the bustling Diosdado Macapagal International Airport (DMIA), the premier international gateway of the country. Clark International Airport Corporation (CIAC) President and CEO Victor Jose I. Luciano, Zest Air President and CEO Ambassador Alfredo M. Yao led the inaugural [...]

SCTEx tops Arroyo’s completed legacy projects

Over 40 priority infrastructure projects worth P88.48 billion have been completed as of the end of September, Malacañang said. Presidential management staff director-general Hermogenes C. Esperon Jr. said in a report that these infrastructure projects are among the 154 priority projects committed by President Gloria Macapagal-Arroyo in her State of the Nation Address. Among the [...]

San Miguel not keen on Bataan nuclear plant

DIVERSIFYING San Miguel Corp. will not bid for the mothballed Bataan Nuclear Power Plant if ever the state-owned facility is revived, Pangasinan Rep. Mark O. Cojuangco, the son of the conglomerate’s chairman Eduardo M. Cojuangco Jr. and author of a House bill which seeks to revive the plant, said such a move on the part [...]

Three building projects expected to boost Balanga tourism

BALANGA CITY—Local government executives have expressed high hopes that this city’s three huge ongoing projects will propel tourism here to unparalleled growth. City Mayor Joet Garcia cited the three projects as the Balanga Wetland Center, Plaza Mayor De Balanga, and a modern market complex.  He said the P8-million Balanga Wetland Center in barangay Tortugas, the [...]

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