Category: General

MANILA: The government has allocated about PHP3 billion for the cash gifts to elderly Filipinos aged 80, 85, 90, 95, and 100 in the proposed 2025 national budget, a lawmaker said on Wednesday. In a statement, Quezon City Rep. Marvin Rillo said the PHP3 billion proposed allocation for next year would cover the PHP100,000 cash gift for 1,730 new centenarians amounting to PHP173 million, while the remaining allocation will be used to pay for the PHP10,000 grant for octogenarians and nonagenarians. ‘Based on the 2025 National Expenditure Program, the government intends to spend up to PHP3 billion for the initial

MALASIQUI: A PHP49 million worth 574-meter long flood control structure along the Aringay River is protecting residents of the villages of Lloren, Pideg, and Caoigue in Tubao town, La Union. Department of Public Works and Highways (DPWH) Ilocos Region information officer Esperanza Tinaza, in a statement on Wednesday, said the project has a height of 4.2 meters, designed to withstand the powerful flow of the Aringay River. ‘This structure is crucial in preventing the river from overflowing and causing damage to the surrounding agricultural lands and residential areas,’ she said. Tinaza said the agency is committed to implementing similar projects

BACOLOD CITY: The Sugar Regulatory Administration (SRA) is eyeing a satellite office in Mindanao as sugar farmers in the southern part of the country formed an alliance recently. In a statement to the media here on Wednesday, SRA Administrator Pablo Luis Azcona said the regulatory agency will improve its presence in Mindanao. ‘We will look into establishing an SRA satellite office in Bukidnon to bring our services closer to the farmers,’ he added. Azcona met with the Mindanao Federation of Sugarcane Planters Inc. led by former Bukidnon Third District Rep. Manuel Antonio Zubiri on the sidelines of the Philippine Sugar

MANILA: The local stock market closed mid-week lower, snapping its three-day rally on profit-taking, while the Philippine peso ended almost unchanged. The Philippine Stock Exchange index (PSEi) fell 0.64 percent to 6,900.62, with All Shares also declining by 0.13 percent to 3,724.38 level. Among sectoral indices, only the Industrial counter finished with gains, up by 0.14 percent to 9,207.97. Losers were led by Property, down by 1.53 percent; followed by Financials, down by 1.04 percent; Mining and Oil, down by 0.91 percent; Services, down by 0.23 percent; and Holding Firms, down by 0.20 percent. ‘Investors booked gains after three consecutive

MALASIQUI: A PHP49 million worth 574-meter long flood control structure along the Aringay River is protecting residents of the villages of Lloren, Pideg, and Caoigue in Tubao town, La Union. Department of Public Works and Highways (DPWH) Ilocos Region information officer Esperanza Tinaza, in a statement on Wednesday, said the project has a height of 4.2 meters, designed to withstand the powerful flow of the Aringay River. ‘This structure is crucial in preventing the river from overflowing and causing damage to the surrounding agricultural lands and residential areas,’ she said. Tinaza said the agency is committed to implementing similar projects