Typhoon Karding agricultural damage assessment continues to rise, now at P3.12B

DAMAGE to the agricultural sector due to Super Typhoon Karding, with international name Noru, has risen to P3.12 billion as of Monday, according to the latest bulletin by the Department of Agriculture (DA).   The volume of production loss was estimated at 158,117 metric tons (MT) with 170,762 hectares of farm lands and 108,594 farmers and […]

Farm damage from typhoon estimated at P2.02 billion

AGRICULTURAL damage caused by Typhoon Karding (international name: Noru) has hit P2.02 billion, the Department of Agriculture said. The storm damaged an estimated 150,693 hectares of farmland and affected over 91,944 farmers and fisherfolk, resulting in lost production of 117,663 metric tons. Damage and losses were reported in the Cordillera Administrative Region, Ilocos, the Cagayan […]

Agricultural damage from Super Typhoon Karding hits P1.29B with main rice growers affected

By Luisa Maria Jacinta C. Jocson, Reporter   THE RUNNING tally on agricultural damage from Super Typhoon Karding has climbed to P1.29 billion, according to the Department of Agriculture (DA), with major rice producing provinces among those affected by flooding.   Damage and losses were initially reported in the regions of Cordillera, Ilocos, Cagayan Valley, Central Luzon, […]

Police confiscates over P110M shabu in Central Visayas

MORE than P100 million worth of illegal drugs were confiscated during the one-day Simultaneous Anti-Criminality and Law Enforcement Operation (Sacleo) conducted by the police across Central Visayas over the weekend.Data from the Police Regional Office-Central Visayas (PRO 7) showed that Sacleo was conducted by 165 different police stations from the provinces of Cebu, Negros Oriental, […]

Daylong police ops net P15M shabu

A TOTAL of P15 million worth of illegal drugs has been seized by the Police Regional Office (PRO) in Central Visayas.The Cebu City Police Office (CCPO) seized over P10 million worth of illegal drugs, mostly shabu, outperforming other units under the PRO 7.The anti-narcotics operations started at dawn Saturday, June 11, 2022 and ended at […]

CIDG 7 arrests 12 persons for selling giant clam shells worth P36M

AN ESTIMATED P36 million worth of giant clam shells has been seized by the Criminal Investigation and Detection Group in Central Visayas (CIDG 7) in Barangay Tapilon, Daanbantayan town, in Cebu province.Caught were 12 individuals involved in the unlawful sale of clams, including Liloan-based businesswoman Carla Czarina Cañazares Camacho, 41. The CIDG operatives confiscated 133 […]

MREIT eyes fresh P15B property infusion

MREIT Inc., the Reit company of township developer Megaworld, reiterates its commitment to deliver on its P20 billion acquisition plan for 2022. In line with this, the company is already in discussion with sponsor Megaworld for the infusion of an additional P15 billion worth of commercial assets. This follows the announcement last month of MREIT’s […]

Pacquiao pledges to require officials to disclose net worth

SENATOR and boxing legend Emmanuel “Manny” D. Pacquiao, Sr. on Wednesday said all government officials must disclose their net worth if he becomes president. Officials and their immediately family members must waive their right to bank secrecy, the presidential aspirant said in a statement. Mr. Pacquiao said public officials’ statement of assets, liabilities and net […]

Power co-ops report P1.12 billion worth of damage from ‘Odette’

DAMAGE sustained by electric cooperatives from typhoon Odette (international name: Rai) is now estimated at P1.12 billion, about triple the previous estimate, the National Electrification Administration (NEA) said Thursday. The initial estimate was P373.12 million. The NEA said the latest estimate covers 11 cooperatives as of late Wednesday. The agency said 74 cooperatives reported some […]

P100M worth of roads opened in Daanbantayan

RESIDENTS of Daanbantayan will now enjoy better mobility, as well as possible increased tourism prospects, following the inauguration of infrastructure projects worth more than P100 million on Tuesday, Nov. 9, 2021. The Cebu Provincial Government announced Thursday, Nov. 11, that Cebu Gov. Gwendolyn Garcia inaugurated the Libertad-Dalingding road worth P57.9 million, the four-kilometer Bateria-Libertad road […]

ADB funding for climate mitigation projects since 2011 hits $31.5 billion

THE ASIAN Development Bank (ADB) said it has funded $31.5 billion worth of climate mitigation projects since 2011, accounting for 78% of its climate-related financing. “Mitigation finance is dominated by the energy sector (60%), although there has been a recent significant upward trend in the transport sector,” the bank’s Independent Evaluation Board said in a […]