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Day: April 1, 2022

Statement on the Cancellation of Project Air 7003

Featured Image for General Atomics Aeronautical Systems, Inc. SAN DIEGO, March 31, 2022 (GLOBE NEWSWIRE) — From David R. Alexander, President of General Atomics Aeronautical Systems Inc. (GA-ASI): The Australian Department of Defence has advised of its decision to cancel Project Air 7003, after nearly a decade of efforts toward that acquisition program. Project Air […]

BOC Davao hits P3.49-B revenue collection for March 2022

Even amidst the pandemic, the Bureau of Customs (BOC) Port of Davao has managed to generate a revenue collection exceeding its target for March 2022. In a statement Friday, BOC-Davao said it has generated PHP3.49 billion in revenue collection, which is 3.6 percent higher than the bureau’s projection of PHP3.37 billion. This resulted in a surplus of PHP121.22 million. Lawyer Erastus Sandino Austria, the BOC-Davao district collector, said the encouraging result is indicative of a good economic movement in the region. “This can be attributed to the improved valuation, intensified enforcement operations, and the government’s efforts in ensuring the unhampered

PSEi down amid market volatility; peso almost unchanged

Volatility during the first quarter of the year summarized the main equities index’s negative close on Friday but the peso finished the day sideways against the greenback after a strong close on Thursday. The Philippine Stock Exchange index (PSEi) shed 0.70 percent, or 50.59 points, to 7,152.88 points. Its negative close was followed by all other counters, with the All Shares down by 0.61 percent, or 23.24 points, to 3,788.59 points. Holding Firms registered the highest decline among the sectoral indices and was trailed by Services, 0.73 percent; Financials, 0.66 percent; Industrial, 0.58 percent; Mining and Oil, 0.49 percent; and

DOLE pays out 241 worker-beneficiaries in MisOcc

The Misamis Occidental Office of the Department of Labor and Employment (DOLE-MisOcc) has paid PHP879,600 in cash aid to 241 worker-beneficiaries under the “Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (Tupad)” program. In a statement Friday, DOLE-MisOcc chief Ebba B. Acosta said the beneficiaries engaged in a 10-day community disinfection and sanitation employment in designated areas throughout the province and were each compensated with PHP3,650 salary. Acosta said the worker-beneficiaries were tasked to ensure that public places in their respective barangays, including markets and parks, were cleaned and sanitized as added measure in the prevention of coronavirus disease 2019 (Covid-19). TUPAD

PHLPost delivers 623K PhilID to Ilocos Region

The Philippine Postal Corp. (PHLPost) has delivered 622,947 Philippine Identification (PhilID) cards or the national ID to registrants in the Ilocos Region as of March 20 this year. Based on the data provided by the Philippine Statistics Authority (PSA) Ilocos regional office on Friday, 19,148 PhilID cards were delivered in Ilocos Norte, 159,226 in Ilocos Sur, 179,108 in La Union, and 265,465 in Pangasinan. “The number includes those returned to sender due to either the registrant having passed away or has moved out of his or her residence,” said PSA Ilocos information officer Jim Ian Bautista in a phone interview.

Farmer-beneficiaries in Antique to train on use of machinery

Farmer-beneficiaries of the Provincial Agricultural Commodity Development Program (PACDP) of the Department of Agriculture (DA) in Antique will undergo training this month on how to use the farm machinery for rice and corn. The availability of the new farm equipment such as hand tractors, rice threshers, and corn shellers, among others, will put an end to the beneficiaries’ reliance on renting machines from private individuals at a hefty price. The farmers needed to be oriented as this will be the first time for most of them to use the new machinery as agreed with the suppliers of the equipment. “The

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