Day: November 6, 2024

Legazpi City: President Ferdinand R. Marcos Jr. has directed all relevant government agencies to prioritize the quality, safety, and durability of materials used in infrastructure projects. During his recent visit to Legazpi City, Marcos highlighted the importance of using high-quality materials to ensure the resilience of infrastructure against natural calamities. According to Philippines News Agency, the President issued this directive to the Department of Public Works and Highways (DPWH), the Department of Transportation (DOTr), the Department of Trade and Industry (DTI), and other concerned agencies. Marcos stressed the need for climate and disaster resilient infrastructure, particularly given the increasing frequency

Manila: Specialty food ingredients and oleochemicals producer DandL Industries Inc. anticipates exceeding its PHP2.3 billion profit from last year in 2024, driven by an optimistic outlook on its traditionally strong fourth-quarter performance. DandL Industries President and CEO Alvin Lao indicated a continued robust level of consumer activities in the fourth quarter despite prevailing high prices. According to Philippines News Agency, DandL Industries disclosed a net income of PHP1.8 billion for the first nine months of the year. The company recorded a profit of PHP493 million for the third quarter, which represents an 11 percent decline compared to the same period

Manila: The Philippine Statistics Authority (PSA) announced on Wednesday an upward revision of the country’s second-quarter gross domestic product (GDP) growth, adjusting it to 6.4 percent from the previously reported 6.3 percent. This revision reflects stronger performance in key sectors that contributed to economic expansion. According to Philippines News Agency, the PSA identified manufacturing as a significant contributor, with the sector experiencing a 3.9 percent growth. Additionally, the accommodation and food service activities showed a notable increase, rising from 10.4 percent to 12.1 percent. Real estate and ownership of dwellings also played a role in the upward revision, improving from

Manila: A last-minute entry tackling green energy by Marjorie Joy Olea of the Philippines has won the gold prize of the 2024 China-Philippines Gen Z Vision short video competition co-hosted by China Energy Engineering Group Co. Ltd. (Energy China) and the Association for Philippines-China Understanding (APCU). Olea bested almost 400 entries both from China and the Philippines with her work titled ‘Together for a shared future, together for a green future’ winning a DJI Osmo Pocket 3 camera or PHP30,000 and a certificate. According to Philippines News Agency, Olea expressed her surprise and joy at the victory, stating, “This is

TACLOBAN CITY: Two rebels, including a high-ranking leader of the New People’s Army (NPA), died in a gun battle with soldiers in upland Sulitan village in Catubig, Northern Samar, on Tuesday. The Philippine Army’s 8th Infantry Division identified the fatalities as alias Baste, a platoon and squad leader of front 15, NPA sub-regional committee arctic, and alias Jino, a member of Squad 2 in the regional guerrilla unit of the NPA’s Eastern Visayas regional party committee. According to Philippines News Agency, government troops also recovered one M16 rifle, four .45-caliber magazines, subversive documents, and personal belongings at the encounter site.