Category: General

The export of electronic products is expected to rebound in 2025, the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said on Thursday. SEIPI President Dan Lachica told reporters at the sidelines of the 13th Arangkada Philippines Forum in Pasay that SEIPI is projecting a 5-percent growth in electronics exports next year. This will be a turnaround from the projected 10-percent contraction in electronics exports this year. Last year, exports of electronic products amounted to USD41.91 billion. Lachica said inventory correction and new expansion will help boost exports growth next year. “Well, like I said before, the inventory

The Department of Trade and Industry (DTI) on Thursday said it is ready to assist local businesses impacted by Severe Tropical Storm Kristine (Trami). In response to President Ferdinand R. Marcos Jr.’s directive, DTI Acting Secretary Cristina Roque emphasized the agency’s commitment to support recovery efforts for affected businesses, especially micro, small, and medium enterprises (MSMEs). ‘We have been actively discussing with our partners in the private sector, including industry associations, to mobilize resources and provide immediate assistance to affected businesses,” Roque said. The DTI is coordinating with various agencies and private sector partners to ensure affected businesses receive necessary

Senator Imee Marcos emphasized on Thursday the urgent need to incorporate funding for green infrastructure in the 2025 budget to effectively tackle typhoon and flooding issues. Marcos is proposing simple community-level solutions, such as expanding mangrove forests, planting indigenous ‘bayog’ (a bamboo species), and using gabions along riverbanks. ‘Let’s start with simple solutions at the community level, such as expanding mangrove forests and planting indigenous bayog or Bambusa spinosa, which the ancient Filipinos used for housing, and gabion, along riverbanks,’ she said in a news release. The senator also suggested replacing cement with permeable materials and constructing a pilot “sponge

Manila: Elderly residents in the country’s capital city will see their monthly allowance from the city government double starting next year. Manila Mayor Honey Lacuna on Thursday signed Ordinance 9081, increasing the monthly cash benefit of the city’s senior citizens from the present PHP500 to PHP1,000 effective January 2025. The payout will start in March 2025, as the cash allowance will be distributed every quarter. During the rites for the signing of the measure at the City Hall, Lacuna said this is in response to the constant requests of senior citizens for a higher monthly allowance. ‘Our grandfathers and grandmothers

Manila: At least 4,102 individuals or 1,022 families in Quezon City are now staying in the city’s 20 evacuation centers as of Thursday noon, amid bad weather caused by Severe Tropical Storm Kristine (International name Trami). In a message to the Philippine News Agency, QC Disaster Risk Reduction and Management Council spokesperson Peachy de Leon said the city government has already evacuated residents from high-risk areas since Wednesday. ‘We serve hot meals sa evacuation centers, and also relief goods. The City Health (Department) is on the ground to monitor the evacuees para walang magkasakit (so that no one gets sick),’