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Day: January 21, 2022

7 Antique LGUs extend renewal of business permits

Seven local government units (LGUs) in Antique, including this capital town, have extended the deadline for the renewal of business permits. Department of the Interior and Local Government – Antique director Cherryl P. Tacda said in an interview the municipalities of San Jose de Buenavista, Anini-y, Caluya, Sibalom, Sebaste, Barbaza, and Valderrama have extended their deadlines effective Friday. Anini-y extended the renewal of business permits until February 10; Caluya, February 15; Sibalom, February 20; Sebaste, February 28; and Barbaza and Valderrama, March 31. “The municipality of San Jose de Buenavista was able to come up with their Municipal Ordinance No.

PH economic growth seen at 5% in 2021; 7.5% in 2022

The Philippine economy is seen to have expanded by 5 percent in 2021 and is forecast to grow by 7.5 percent this year, an economist of Standard Chartered Bank said Friday. Both gross domestic product (GDP) projections are within the inter-agency Development Budget and Coordination Committee’s (DBCC) assumption of a 5 percent to 5.5 percent expansion for last year and a 7 percent to 9 percent assumption for 2022. In a virtual briefing, Jonathan Kho, Standard Chartered Bank economist for Asia and the Philippines, said the projected quarter-on-quarter output for the last quarter of 2021 is 6.5 percent, higher than

P245-M Pampanga bypass road project to finish this January

The PHP245.43-million bypass road in this province designed to provide an alternative route for motorists coming from Magalang to Angeles City and vice versa, is expected to be completed by the end of this month. Department of Public Works and Highways (DPWH) acting Secretary Roger G. Mercado personally inspected on Friday the ongoing Angeles-Magalang bypass road project which is now on its final stage. Started in 2019, the project includes the development of two-lane and four-lane roads with a total length of 2.605 kilometers, of which 1,080 kilometers are already existing, and the construction of the North Luzon Expressway (NLEX)

Media workers more secured under PTFoMS vanguards

Ahead of the campaign period for the 2022 national and local elections, the government initiated a novel approach to protect media workers and journalists with the launch of the Media Security Vanguards (MSVs) of the Presidential Task Force on Media Security (PTFoMS) on Friday. During the virtual ceremony and press conference, more than 500 Public Information Officers of the Philippine National Police (PNP) all over the country, led by PNP spokesperson Brig. Gen. Roderick Augustus Alba, were formally designated as MSVs to protect the life, liberty, and security of all journalists and media workers in the country. Alba will serve

More growth centers seen to rise in Bacolod City

Mayor Evelio Leonardia said more growth centers will rise across the city, where several structures are being constructed and planned for various purposes. “We want to spread the development of Bacolod. We don’t want to get crowded [in one area],” Leonardia said in an interview on Friday. Growth Center means areas with the potential to grow and accommodate the growth, and to pursue orderly development. These areas are situated in properties donated by prominent families for use by the local government, totaling 18 hectares of prime properties, the latest of which is the four-hectare land in Barangay Vista Alegre donated

Pag-IBIG releases record P1-B housing loans in 2021

The Home Development Mutual Fund (Pag-IBIG Fund) last year financed PHP100.8 billion worth of housing loans, the highest ever released by the agency in a year despite the continuing Covid-19 pandemic. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo del Rosario, who also heads the 10-member Pag-IBIG Fund Board of Trustees, said the in-home loan disbursements contributed to the economic recovery efforts of the government. “While the country is still facing challenges caused by the pandemic, I am happy to report that Pag-IBIG released more than PHP100 billion in home loans in 2021, surpassing its best-ever figure which

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