Category: General

Manila: Senate President Francis Escudero said President Ferdinand R. Marcos Jr. is set to sign next month the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE). “It’s scheduled to be signed I believe in November. So it will be signed on November 11, barring any typhoons or calamities,” Escudero said at the 13th Arangkada Philippines Forum held at the Marriott Hotel in Pasay City. “CREATE MORE seeks to encourage more investors to actually come into the Philippines by providing a more predictable and sustainable playing field and hopefully be able to provide

LEGAZPI CITY – The Department of Social Welfare and Development (DSWD) 5 (Bicol) has provided PHP30.2 million worth of relief assistance to the families affected by Severe Tropical Storm Kristine (international name: Trami) as of Thursday morning. In an interview, DSWD-5 disaster response and management division chief Claudio Villareal Jr. said they continue to provide family food packs and non-food items to households in the region’s six provinces. The DSWD-5 recorded 345,548 families or 1,669,507 persons affected by “Kristine” in the region. “We already distributed 45,182 family food packs to the affected families, or a total of PHP30,069,315 worth; 710

The Department of Agriculture- Disaster Risk Reduction and Management (DA-DRRM) Operations Center on Thursday prepositioned PHP80.21 million worth of agricultural aid to farmers in areas affected during the onslaught of Severe Tropical Storm Kristine (international name: Trami). The amount aims to cover the distribution of agricultural inputs including seedlings of rice, corn, high-value crops, drugs, and biologics. Besides this, farmers can also avail of the PHP25,000 loanable amount payable for three years with zero interest, as well as the indemnification for insured farmers through the Philippine Crop Insurance Industry (PCIC). In a statement, DA Secretary Francisco Tiu Laurel Jr. said

The Department of Social Welfare and Development (DSWD) has distributed over 24,000 family food packs (FFPs) to families affected by Severe Tropical Storm Kristine (international name: Trami) in Eastern Visayas provinces. DSWD Eastern Visayas regional information officer Joshua Kempis said assessment is ongoing to determine which areas would be prioritized for food pack releases. ‘We’re giving necessary resources to areas declared under a state of calamity. This is in coordination with local governments since they are the first responders,’ Kempis told reporters in a press briefing Thursday. In Eastern Samar, 3,939 FFPs have been received by flood-hit families in the

CEBU CITY – Strong winds brought about by Severe Tropical Storm Kristine (international name: Trami) pushed a cargo vessel ashore and ran aground in a coastal town of Minglanilla, a coast guard officer here reported on Thursday. Ensign Abel Lomboy, spokesperson of the Philippine Coast Guard-Central Visayas, said the vessel, LCT Golden Bella, was anchoring near the coast of Barangay Calajoan on Wednesday after it delayed its travel to Naga City due to bad weather when strong winds pushed it ashore. The vessel was from Tawi-Tawi days past the arrival of the storm, he added. ‘It was dragged toward the