Posts by gia:

Peso weakens on strong US data

THE PESO ended weaker against the dollar on Monday following stronger US employment data and the downward revision to Philippine economic managers’ growth forecast for next year. The local unit closed at P56.02 versus the dollar on Monday, losing 28 centavos from its P55.74 finish on Friday, data from the Bankers Association of the Philippines’ […]

Ecozones underutilized but more in pipeline, NEDA’s Balisacan says

ECONOMIC ZONES are currently underutilized and must be planned with more of an eye towards their long-term attractiveness to locators, National Economic and Development Authority (NEDA) and Socioeconomic Planning Secretary Arsenio M. Balisacan said. “So many are underutilized; the scope for improvement is vast. The point is that there is a good basis for the […]

House committee clears reform bill for real property valuation by LGUs

THE House committee on ways and means approved a substitute bill seeking to reform the real property valuation system to allow local government units (LGUs) to better sustain themselves via property taxes, with the bill calling for uniform valuation standards and an electronic database of all real property transactions. The still-unnumbered substitute bill replaces legislation […]

Gatchalian files bill restoring mandatory 2-year ROTC in tertiary schools

A SENATOR has filed a bill seeking to restore a compulsory two-year military training program in tertiary schools nationwide.   Senate Bill 1551 or the Mandatory Basic Reserve Officers’ Training Corps (ROTC) Act, filed by Senator Sherwin T. Gatchalian, also seeks to reinstitute a two-year voluntary Advance ROTC Program at the tertiary level.   The measure covers […]

DBM releases another P2-B fund for indigent PhilHealth members

THE DEPARTMENT of Budget and Management (DBM) has approved the release of another P2.02 billion to the Philippine Health Insurance Corp. (PhilHealth) for the National Government’s premium subsidy for indigent members this year.    In a statement on Monday, DBM said the fund covers the January to December period for 673,965 members who are identified as […]

Acciona, Ayala Foundation energize El Nido’s Sibaltan village with solar power

SPANISH infrastructure giant Acciona, through its corporate foundation, and Ayala Foundation, Inc. are setting up solar power systems in Barangay Sibaltan, an off-grid coastal village in El Nido, Palawan.   The renewable energy project will provide electricity to 100 households, the local school, and community centers in the village with a population of about 2,000.   […]

Brian Poe to raise sustainability awareness through “A Sustainable Future” book

Philanthropist and public servant Brian Poe Llamanzares has proudly launched his first book, “A Sustainable Future,” which aims to be used as a basis for teaching a course on sustainability in the Philippines. The launch was successfully held at the Manila Hotel on Tuesday, November 29 hosted by Miss Grand International 2016 1st Runner Up, […]