COVID-19 situation in metro and 8 other regions better, says OCTA

CORONAVIRUS infections in the capital region and other key economic hubs have been decreasing, according to researchers from the country’s premier university. Cases in the National Capital Region (NCR) and eight other provinces were on a “downward trend,” OCTA Research Group fellow Fredegusto P. David tweeted on Sunday. The so-called NCR Plus 8 is composed […]

Mitsubishi Heavy Industries Engineering Partners in New Concession of Dubai Metro and Dubai Tram in Joint Venture with Keolis and Mitsubishi Corp.

TOKYO, Sep 22, 2021 – (JCN Newswire via – Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG, the Company), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, Japan, has successfully begun operations of Dubai Metro, a fully automated driverless rail system1), as well as the Dubai Tram network in Dubai, United Arab […]

Peso climbs versus dollar

THE PESO strengthened versus the greenback on Tuesday on the back of an expected slowdown in economic activity following the extension of strict restriction measures in Metro Manila and the dovish tone of the US Federal Reserve during last week’s Jackson Hole symposium. The local unit closed at P49.76 per dollar, gaining 19.5 centavos from […]

P9.1-B cash aid in Metro Manila released  

ABOUT 81% or P9.1 billion out of the P11.2-billion financial assistance for Metro Manila residents affected by the recent two-week strict lockdown has already been released as of Aug. 24, the Presidential Palace said on Thursday.   This means more than nine million beneficiaries have received cash assistance, Palace Spokesman Herminio L. Roque, Jr. told a televised news briefing.    He added that the national […]

No Meralco disconnection in strict lockdown areas

MANILA Electric Co. (Meralco) is putting on hold disconnection activities in Metro Manila and Laguna until the third week of August, after the government placed both areas under stricter quarantine categories. “Given the current situation, we continue to take into consideration the challenges our customers are facing amid these difficult times. Thus, we will again […]

PHL signs agreement for second tranche of Japan subway loan

FOREIGN AFFAIRS Secretary Teodoro L. Locsin, Jr. signed the second-tranche loan agreement with Japan Tuesday for the financing of the Metro Manila Subway’s Phase 1. Mr. Locsin signed the agreement with Japanese Ambassador Koshikawa Kazuhiko for the loan, valued at about P115.7 billion. The financing was provided by the Japan International Cooperation Agency. “The Metro […]

Parts of Manila flooded due to monsoon rains 

HEAVY RAINFALL from the southwest monsoon, enhanced by typhoon Fabian and tropical depression Cempaka which is still outside the Philippine are, triggered flooding in parts of Metro Manila that caused heavy traffic and the suspension of work in some offices and universities.    As of 8:45 a.m. Wednesday, the Metro Manila Development Authority said knee to gutter-deep floodwater were reported in […]