Day: November 6, 2024

Manila: The Bases Conversion and Development Authority (BCDA) has formalized a strategic partnership with the National Development Co. (NDC), enabling the BCDA to tap NDC’s expertise in financing and implementing high-impact projects in New Clark City. BCDA president and chief executive officer Joshua Bingcang and NDC General Manager Antonilo DC Mauricio signed a memorandum of understanding (MOU) creating a collaborative framework for the urban development of New Clark City. According to Philippines News Agency, the partnership aims to leverage NDC’s extensive knowledge and experience in urban expansion, industrial development, and energy projects. Joshua Bingcang expressed gratitude towards NDC, highlighting its

Manila: Recovery efforts are underway to address the decline in the Philippine agriculture sector due to adverse weather conditions and African swine fever (ASF), according to the Department of Agriculture (DA). The DA assured that measures are in place to counteract the impacts of the El Niño and La Niña phenomena, as well as successive typhoons. According to Philippines News Agency, the Philippine Statistics Authority reported a 3.7 percent contraction in agri-fishery output during the third quarter, amounting to PHP397.43 billion. The livestock sector experienced the most significant decline, with a 6.7 percent drop to PHP61.67 billion. Fisheries and crops

Manila: President Ferdinand R. Marcos Jr. has instructed all government agencies to remain on high alert as Tropical Storm Marce, internationally known as Yinxing, approaches northern Luzon. In a statement, Marcos emphasized the necessity of an efficient communication system to ensure timely dissemination of information to communities and accurate reporting of on-the-ground situations. According to Philippines News Agency, President Marcos stressed the importance of early warnings, urging officials to establish a robust communication framework. He highlighted that community actions are heavily reliant on the early warnings provided by authorities, noting that “knowledge saves lives.” Marcos also mandated continuous monitoring of

Manila: The results of a recent survey highlighting that local government units (LGUs) are the most trusted sector in the country should remind leaders of their enormous responsibility to the people they have sworn to serve, Union of Local Authorities of the Philippines president, Quirino Governor Dax Cua, said on Thursday. According to Philippines News Agency, the 2024 Philippine Trust Study revealed that LGUs have the highest trust rating among government sectors, scoring 95.4 percent. The study, conducted by EON The Stakeholders Relations Group in collaboration with Ateneo de Manila University’s Department of Development Studies, explored the concept of trust

Manila: The country’s total external trade in goods experienced a 3.0 percent increase, reaching USD17.60 billion in September 2024, compared to USD17.09 billion during the same period last year, as revealed by data from the Philippine Statistics Authority (PSA). According to Philippines News Agency, the PSA report highlighted that of the total external trade for the month, 64.4 percent consisted of imported goods, while the remaining 35.6 percent were exported goods. Export sales amounted to USD6.26 billion, marking a 7.6 percent decrease from the USD6.77 billion recorded in September of the previous year. However, for the first nine months of