Father, son tandem topples dynasty in Leyte town

A businessman father and his son defeated another father and son tandem in this year’s elections, ending the 30-year reign of their rivals in Matag-ob, Leyte. Bernie Tacoy, 50, was proclaimed the winner in the mayoralty race while his son, Vincent, 26, will be the new vice mayor. Both are first-timers in holding elective posts. Defeated were incumbent Mayor Michael Torrevillas and son, Vice Mayor Bushi. In 2019, the father and son ran unopposed. This year, they ran for a third and final term. The older Tacoy won with 8,186…

Read More

W. Visayas private workers, househelps get wage hike

The Regional Tripartite Wages and Productivity Board (RTWPB) in Western Visayas has endorsed to the National Wages and Productivity Commission (NWPC) up to PHP450 daily minimum wage for workers in private establishments and PHP500 monthly increase for the salary of “kasambahay” or domestic service workers. “Acting on more than eight petitions for (a) wage increase and after proper study with positions filed by representatives coming from the employers, yesterday the board came into a decision to issue wage orders,” labor department regional director and RTWPB Region 6 chair, Atty. Sixto…

Read More

Sipalay City honors lensman of PH eagle in P1,000 bill

The City of Sipalay in Negros Occidental has paid tribute to its very own Floyd Pison Bermejo, the wildlife photographer who captured the image of the Philippine Eagle featured in the new 1,000-peso banknote. Pison grew up in Barangay San Jose in the southern Negros city and is the son of an employee in the mines of the village. “He started bird-hunting with his father in the mountains of the city for food. Now, he does bird-hunting with a different weapon, a camera,” the city government said in a statement…

Read More

BFAR awards 160K tilapia fingerlings to IPs in Zambales

The Bureau of Fisheries and Aquatic Resources (BFAR) 3 (Central Luzon) has extended assistance to indigenous peoples (IPs) in Barangay Carael, Botolan, Zambales by providing them with tilapia fingerlings. In partnership with the Franciscan Missionary Sisters of the Infant Jesus, BFAR-3 released about 160,000 tilapia fingerlings in a fishpond being operated by the IPs. Zambales provincial fisheries officer Neil Encinares, along with Technology Outreach Station for Fresh Water Species officer in charge Antonio Taduan, led the activity on Friday to ensure the proper disposition of the fingerlings that would serve…

Read More

Balti Baltazar withdraws from PBA Draft

One of the projected top picks for this year’s PBA Draft has pulled out his name from the event. PBA Commissioner Willie Marcial confirmed on Thursday that six-foot-seven forward Balti Baltazar backed out from Sunday’s draft proceedings as he is set to take his talents elsewhere, at least for a year. He said Baltazar sent a letter that he received earlier in the day formalizing his decision to pull himself out of the draft. “May letter na binigay sa akin kanina na finormal niya na niwi-withdraw niya ang pag-a-apply niya…

Read More

Abalos to head DILG: Marcos’ spox

Former Metropolitan Manila Development Authority (MMDA) Chair Benjamin “Benhur” Abalos Jr. is set to become the next secretary of the Department of the Interior and Local Government, according to the camp of presumptive president Ferdinand “Bongbong” Marcos Jr. Abalos resigned from his MMDA post to become Marcos’ national campaign manager. “I would like to announce that Chairman Benhur Abalos has been nominated to lead the Department of the Interior and he has accepted the challenge,” announced Marcos’ spokesperson, lawyer Vic Rodriguez, in a press briefing on Friday. As overall chair…

Read More

8.3% GDP growth to bolster biz confidence despite admin shift

An economist of Juwai IQI Global has seen the country’s 8.3-percent gross domestic product (GDP) growth in the first quarter of the year as a good launch pad for the next administration to pursue its economic agenda. The chief economist of the Kuala Lumpur-based Juwai IQI Global, Shan Saeed, told the Philippine News Agency (PNA) that the strong GDP growth from January to March this year would keep market confidence afloat despite a transition in administration. “This would bolster the confidence of the government to expand the fiscal side of…

Read More

NEDA trains LGUs for more functions

The National Economic and Development Authority (NEDA) 8 (Eastern Visayas) has been conducting a series of capability-building activities for planning officers to enhance local government units’ delivery of devolved functions due to the Mandanas-Garcia Supreme Court ruling, its chief said Friday. The series of training has been lined up this year by NEDA’s recently reactivated Project Development Assistance Center, established to help local government units prepare good project proposals, NEDA-8 Director Bonifacio Uy said. The first was held from May 2 to 6, with some participating face-to-face and others virtually.…

Read More

No reversal of policy reforms tops DTI’s request to next admin

The Department of Trade and Industry (DTI) has identified 10 priority programs of the agency that it wishes to be pursued by the next leadership, and top of its list is the non-reversal of the current policy direction and continuity of economic reforms of the Duterte administration. In a Viber message to trade reporters Thursday, DTI Secretary Ramon Lopez said these programs will support the next administration to continue the economic recovery efforts led by President Rodrigo Duterte. He said these programs have helped the Philippines to log an 8.3…

Read More

42 parents of child laborers get DOLE-7 business starter kits

Parents of child laborers from Mandaue City and Negros Oriental who qualified for a PHP1.2-million livelihood assistance are now preparing for their respective business undertakings, the Department of Labor and Employment in Central Visayas (DOLE-7) said on Thursday. Undersecretary Victor Del Rosario, concurrent DOLE-7 regional director, said in a statement the recipients of the livelihood starter kits (LSK) recently released by the agency are parents of children who were profiled as “child laborers”. Del Rosario said about 30 parents of the child laborers from Mandaue City and 12 more from…

Read More

Duterte to leave presidency with ‘good’ PH economy: Palace

President Rodrigo Roa Duterte’s successor need not worry about the current state of the Philippine economy, Malacañang said Thursday. In an online Palace press briefing, acting presidential spokesperson and Communications Secretary Martin Andanar said the country’s economy is in “good” standing before Duterte steps down from office on June 30. As Andanar noted, the country’s gross domestic product (GDP) grew by 8.3 percent in the first quarter of 2022. Andanar also said the foreign direct investments in February 2022 rose by 46.3 percent year-on-year to USD893 million net inflows from…

Read More

Año hopes next admin will support DILG’s core projects

Department of the Interior and Local Government (DILG) Secretary Eduardo Año on Thursday expressed hope that the next administration will continue the campaign against illegal drugs, and support the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) in fighting the terrorist groups. “Our appeal to the incoming administration is to continue the projects, efforts, and programs of the DILG, which was also ordered by our President (Rodrigo Duterte). They must continue especially our efforts against illegal drugs, criminality, (and) of course, support the NTF-ELCAC in fighting the CPP-NPA-NDF…

Read More

Local mart keeps PH food firm biz afloat

Filipino food manufacturer Monde Nissin Corporation has kept its business afloat despite increasing prices of raw materials brought by developments outside the country. In a media briefing, Monde Nissin chief financial officer Jesse Teo said supply bottlenecks and rapid increase in input costs cut the company’s profit in the first quarter of the year. “Input costs have increased well over 20 percent for the key region. For the key raw materials that we have from oil and meat, for every 10 percent increase of that, it’s a 1.5 percent margin…

Read More

LPA to bring rains over parts of Mindanao

A huge part of Mindanao will experience rains caused by the low pressure area (LPA) embedded along the intertropical convergence zone (ITCZ) affecting the island, the weather bureau said Thursday. The LPA, last tracked 490 kilometers east of Davao City, has a slim chance of developing into a tropical cyclone, according to Grace Castañeda of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). Caraga, Davao Region, BARMM, and Soccsksargen will have cloudy skies with scattered rain showers and thunderstorms due to the LPA and ITCZ. “Be alert against possible…

Read More

Fraud monitoring system for financial institutions now required

Financial institutions (FIs) regulated by the Bangko Sentral ng Pilipinas (BSP) are now required to have an automated and real-time fraud monitoring and detection system to address the growing incidents of cyber frauds. In a virtual briefing on Thursday, BSP Governor Benjamin Diokno said they recently issued Circular No. 1140 as an amendment to the Information Technology Risk Management Framework after their surveillance showed that cyberattacks and illegal schemes affect two or more FIs simultaneously. Diokno said the FIs’ automated fraud monitoring systems, as well as their anti-money laundering system,…

Read More

BOC-Davao strengthens capabilities vs smugglers

The Bureau of Customs (BOC) in the Davao Region (BOC-Davao) deployed Wednesday two new fast patrol boats to go after smugglers at sea. “The mere fact that we have these (fast boats) sailing in our seas, it will serve as a strong deterrent for anybody who is thinking of breaking customs laws, rules, and regulations,” lawyer Erastus Sandino Austria, BOC-Davao district collector, said in a press briefing here. Sandino said the maritime assets will be managed along with partner agencies such as the Philippine Coast Guard, Maritime Police, Philippine Ports…

Read More

LTO to reopen licensing centers in Bohol, NegOr

Full-service licensing centers will be reopened in the provinces of Bohol and Negros Oriental to accommodate new applicants and renewals of driver’s licenses, the Land Transportation Office in Central Visayas (LTO-7) on Wednesday said. LTO-7 regional director Victor Emmanuel Caindec said Assistant Secretary Edgar Galvante, the agency’s head, has approved the request to reopen the centers for these provinces as part of their effort to decongest the main LTO offices in both provinces. In a letter sent to Galvante through LTO executive director lawyer Romeo Vera Cruz, Caindec requested in…

Read More

13 colorum premium taxis impounded since March: LTFRB

The Land Transportation Franchising and Regulatory Board (LTFRB) has apprehended 13 premium taxis since March due to their “colorum” operation of charging passengers with a fare per person instead of the approved meter-based rate. In a statement on Wednesday, the LTFRB said these premium taxis were apprehended following complaints made by passengers. This month alone, it said eight premium taxis were seized due to the said violation, including four who were apprehended on Tuesday. “Lima naman ang nahuli sa magkakahiwalay na operasyon noong Marso at Abril (Five were apprehended again…

Read More

TDF rates mixed amid strong demand

The Bangko Sentral ng Pilipinas (BSP) lowered the offer volume for the two-week term deposit facility (TDF) on Wednesday, citing “reduced system liquidity” but both tenors were oversubscribed and yields were mixed. Offer volume for the seven-day TDF was kept at PHP100 billion while the two-week facility was offered for PHP140 billion from the previous week’s PHP170 billion. Both tenors were fully awarded. The average rate of the seven-day facility was almost unchanged at 1.9599 percent from 1.9597 percent during the auction last May 4, while the rate of the…

Read More

DTI still hopeful for RCEP concurrence this month

The Department of Trade and Industry (DTI) remains hopeful that the Senate will concur with the Regional Comprehensive Economic Partnership (RCEP), the Asean-led free trade deal with its five free trade partners, this month. This, as Congress is expected to resume its session on May 23. “At present, our focus is on the present Congress… We will try our best that the RCEP will finish the process when the Senate resumes this month,” DTI Assistant Secretary Allan Gepty said in a webinar of the Economic Journalists Association of the Philippines…

Read More

Musk calls Twitter’s Trump ban ‘morally bad’

Tesla CEO Elon Musk said on Tuesday he would reverse former President Donald Trump’s ban from Twitter, calling the decision “morally bad,” as well as “foolish in the extreme.” Musk, whose USD44 billion bid to acquire the social media company was accepted by Twitter in late April, said he has spoken to company founder Jack Dorsey and they agree “permanent bans should be extremely rare and really reserved for accounts that are bots or spam scam accounts, where there’s just no legitimacy to be accountable.” “I do think it was…

Read More

High voter turnout shows growing political interest of Filipinos

Malacañang on Wednesday welcomed what is expected to be the Philippines’ highest voter turnout despite restrictions posed by the coronavirus disease 2019 (Covid-19). Acting presidential spokesperson and Communications Secretary Martin Andanar made this remark after the Commission on Elections (Comelec) revealed that partial voter turnout is at 80.38 percent as of Monday night. The highest recorded voter turnout was during the 2016 elections when 81 percent of registered voters exercised their right to vote. For local absentee voting, turnout was at 88 percent to date, the “highest” since 2010. On…

Read More

Incumbent mayors in ‘Big 4’ Metro Cebu cities get fresh mandates

CEBU CITY – The mayors in the three highly urbanized cities in Mandaue, Lapu-Lapu and this capital – as well as the southern port city of Talisay – have been given a fresh mandate after winning Monday’s elections. Based on partial and unofficial results as of 1:02 p.m. on Tuesday, representing 94.29 percent of the election returns, Mayor Michael Rama here is likely to get a new mandate as he garnered 226,328 votes against the 190,836 votes of former councilor Margot Osmeña and incumbent Councilor Dave Tumulak’s 132,510. Rama’s running…

Read More

PNR Lucena-San Pablo to open before Duterte steps down in June

MANILA – The revival and development of the Lucena-San Pablo stretch of the Philippine National Railways (PNR) continues as it is set to reopen before the end of the Duterte administration in June, the Department of Transportation (DOTr) said on Tuesday. Construction of the Lucena-San Pablo line is ongoing with the rest of the PNR Bicol which links Metro Manila and the Southern Luzon provinces. “As the Duterte administration nears its conclusion, Secretary (Arthur) Tugade made a covenant with the Filipino people not to waste even a single day at…

Read More

Peaceful polls due to cooperation of security agencies

MANILA – The Armed Forces of the Philippines (AFP) believes that the strong and good cooperation between the Philippine National Police (PNP), Philippine Coast Guard (PCG), and the Commission on Elections (Comelec) were the reasons why Monday’s polls were generally peaceful and safe. “I think it’s the good cooperation between the AFP, PNP, the PCG and Comelec, (and the) timely response to any events especially violent ones, we attribute that to the quick reaction of our combined efforts,” AFP spokesperson Army Col. Ramon Zagala said during a media briefing Tuesday.…

Read More

FIRB approves tax perks for Hanjin shipyard rehab

MANILA – The Fiscal Incentives Review Board (FIRB), upon the endorsement of the Subic Bay Metropolitan Authority (SBMA), has approved the grant of tax incentives to Project AGILA for the redevelopment and operations of the Hanjin shipyard in the Subic Bay freeport zone. Finance Secretary and FIRB chairman Carlos Dominguez III supported the approval of the tax perks for Project AGILA with a total project cost of PHP17 billion as the rehabilitation of the Hanjin shipyard presents economic potential given its strategic location near the West Philippine Sea (WPS). The…

Read More

Salceda to continue giving economic advice to next president

MANILA – Albay Rep. Joey Salceda on Tuesday said he will submit to the next President a comprehensive plan for fiscal and economic recovery to help the Philippines emerge stronger from the coronavirus disease (Covid-19) crisis. In a statement, Salceda said he will keep his promise to continue offering the best advice on how to help the country get through the country’s economic woes, regardless of who gets elected as president in the 2022 elections. “When the final outcome becomes beyond doubt, I will be submitting to the President-elect a…

Read More

4 data centers eye to sign up with PEZA

MANILA – The Philippine Economic Zone Authority (PEZA) said at least four hyperscalers are looking into investing in the country through the investment promotion agency. In an interview Tuesday, PEZA deputy director general Tereso Panga said the capacity of these data center operators ranges from 30 to 100 megawatts. Panga said the companies are still waiting for the developments of the May 9 polls before proceeding to their investment decision. “These are big players aggressively looking for a site already,” he said, adding that these firms are eyeing the provinces…

Read More

‘Libreng Sakay’ ridership reaches almost 11 million

MANILA – The Metro Rail Transit Line 3 (MRT-3) has given almost 11 million free rides to the public so far since the beginning of its “Libreng Sakay (free ride)” program in March. In a Facebook post on Tuesday, the MRT-3 said a total of 10,990,908 passengers have so far received free rides at the MRT-3 from March 28 until Monday. The free ride program is set to end on May 30 after it was extended for another month at the end of April. The program is meant to showcase…

Read More

Piñol concedes, vows to push agri programs

COTABATO CITY – Senatorial aspirant Emmanuel Piñol conceded defeat in his Senate bid Monday but vowed to continue his advocacy on agriculture as a private individual. In a statement released Tuesday, Piñol, the former secretary of Agriculture and chair of Mindanao Development Authority (MinDA) said the people have spoken on Monday’s elections and that he accepts it “wholeheartedly.” “New leaders were voted to lead this country in the coming three years,” he said in Filipino. “I offered my services but was not given the chance and that is one thing…

Read More

NLEX to implement new toll rates starting May 12

CITY OF SAN FERNANDO, Pampanga – The North Luzon Expressway (NLEX) Corporation will start to implement new toll rates for North Luzon Expressway starting May 12, this year. This is after the Toll Regulatory Board gave the firm the go-signal to increase its toll by PHP2 in the open system and PHP0.34 per kilometer in the closed system. The adjustments, which followed regulatory procedures and underwent thorough review, were part of the approved periodic adjustments of NLEX Corporation due in 2016 and the completion of the new Subic Freeport Expressway…

Read More

Duterte admin provides ‘sound take off point’ for next leadership

MANILA – The Philippine Chamber of Commerce and Industry (PCCI) said the Duterte administration has provided a strong economic foundation for the next leadership. In a statement Tuesday, PCCI president George Barcelon said the next administration will be faced with the same financial challenges that needed to be addressed. These economic challenges were brought by the prolonged coronavirus disease 2019 (Covid-19) pandemic and the impacts of the conflict between Ukraine and Russia, he said. “There will be blips in rating and downward trend, but we know better our macroeconomic fundamentals…

Read More

Palace happy with current employment situation in PH

Malacañang has attributed the improved employment situation in the country to the further reopening of the economy that generated more job opportunities amid the coronavirus disease 2019 (Covid-19) pandemic. This, as acting Presidential Spokesperson and Communications Secretary Martin Andanar expressed elation Thursday over the results of the Philippine Statistics Authority’s (PSA) March 2022 Labor Force Survey which showed an employment rate of 94.2 percent. The number of employed Filipinos, according to the PSA report, reached 46.98 million in March 2022, higher than the 45.48 million or 93.6 percent recorded in…

Read More

P1.9-M high-grade marijuana seized from Nigerian national

Some PHP1.9 million worth of “kush” or high-grade marijuana was seized from a Nigerian national in a controlled delivery operation by anti-drug authorities in this city Thursday afternoon. A report of the Philippine Drug Enforcement Agency-Central Luzon (PDEA-3) on Friday identified the suspect as Madu Ogechi Uzoma, a resident of Concubierta Street, Sunset Valley Mansions, Barangay Cutcut here. The package containing illegal drugs came from Greenwich, Connecticut, USA, and arrived at the Bureau of Customs-Port of Clark last April 29. “The shipment was subjected to the K9 sweeping and physical…

Read More

SB Corp. releases P7.2-B microloans for MSMEs

Department of Trade and Industry (DTI) Secretary Ramon Lopez said the agency’s financing arm has released a total of PHP7.2 billion worth of loans to micro, small and medium enterprises (MSMEs) to help them recover from the pandemic. At the launch of the Rise Up Program Friday, Lopez said the PHP7.2-billion loan disbursed to MSMEs came from the Coronavirus disease 2019 Assistance to Restart Enterprises (CARES) program of Small Business (SB) Corp. Lopez said CARES loan has assisted around 42,100 borrowers. SBCorp launched the CARES program, a zero-interest loan, in…

Read More

Burnham, sewerage projects on hold for lack of funds: TIEZA

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) said the big-ticket projects they had committed to financing before the pandemic are still suspended due to lack of funding. “They are suspended but we are not canceling the assistance to the projects,” said Mark Lapid, chief operating officer, in a press conference on the sidelines of the formal re-opening of the Mount Data Hotel here on Thursday. The official said that with the travel of people being scarce, TIEZA was unable to receive travel taxes, the agency’s main source of funds.…

Read More

Contractors in NegOr projects cleared of graft charges

A former provincial engineer and seven contractors were cleared by the Sandiganbayan of graft charges related to Negros Oriental provincial government projects in 2012. In a 52-page resolution dated May 4 and uploaded Friday, the anti-graft court’s Second Division granted the demurrers and motions to dismiss of Ricardo Santos, Maribel Ranola, Mark Anthony Clemente, Danny Chan, Farouk Macarambon, Alejadro Lim, Wildred Chu, and former provincial engineer Franco Alpuerto. The court cited the “failure of the prosecution to sufficiently establish the essential elements of the crime and to overcome the presumption…

Read More

AFP gets Beechcraft Hawker transport aircraft from SMC

The Armed Forces of the Philippines (AFP) on Thursday formally turned over a Beechcraft Hawker 800XP transport aircraft donated by conglomerate San Miguel Corporation (SMC), to the Philippine Air Force (PAF) to be used for their command-and-control and transport missions. “A formal acceptance, turnover, and blessing ceremony was presided over by Defense Secretary Delfin Lorenzana at the Villamor Air Base in Pasay City. He was joined by SMC Chief Executive Officer, Ramon Ang,” AFP public affairs office chief Col. Jorry Baclor said in a statement Friday. The Beechcraft Hawker 800XP…

Read More

6K farmers, fisherfolk in Benguet get aid

Almost 6,000 rice and corn farmers and fisherfolk in Benguet may now benefit from the Cordillera Administrative Region’s (CAR) share of the excess and unalloted rice tariffication fund of the national government. During the ceremonial distribution, Department of Agriculture (DA)-CAR regional director Dr. Cameron Odsey said the intervention monitoring cards (IMCs) were given to farmers and fisherfolk so they could continue with their livelihood despite the global pandemic. “The government is giving assistance because food is important. Let us continue to till the land, and fish so that our fellow…

Read More

NegOcc sugar planters warn legal actions vs. traders, importers

The largest sugar bloc in Negros Island has warned groups that will participate in the importation under the Sugar Regulatory Administration’s (SRA) Sugar Order (SO) No. 3 that the move will be considered “abetting an illegal act”. The statement was issued on Friday by the more than 10,000-member Associacion de Agricultores de la Carlota y Pontevedra Inc. (AALCPI) based in La Carlota City, Negros Occidental, whose general manager David Alba is an intervenor in a case that secured preliminary injunctions against SO 3. “Let this serve as a warning to…

Read More

Zambo Peninsula’s economy grows 5.7%

The economy of Zamboanga Peninsula (Region 9) grew to 5.7 percent last year from 5.2 percent in 2020, an official of the Philippine Statistics Authority (PSA) reported Thursday. Dr. Mewchun W.S. Pamaran, PSA-9director, said the industry and services sectors are two of the biggest contributors to the region’s economic growth. The industry sector is composed of mining and quarrying, manufacturing, construction, electricity, gas, and water supply, which contributed 2.17 percent. The services sector includes transportation, storage, communication, trade and repair of motor vehicles, motorcycles, personal, and household goods, financial intermediation,…

Read More

Western Visayas economy grows 5.9% in 2021

Western Visayas is on the road to recovery, rebounding with a 5.9 percent economic growth rate in 2021 from its negative 9.7 rate in 2020. “The economy of Western Visayas expanded by 5.9 percent in 2021, from the decline of 9.7 percent posted in 2020. Western Visayas remains the fifth largest economy outside of National Capital Region,” said Nelida C. Amolar, OIC Regional Director of the Regional Statistical Services Office VI (RSSO VI) of the Philippine Statistical Authority (PSA) during the conference on the economic performance of the region on…

Read More

Central Luzon’s economy rebounds to 7.4% in 2021

The economy of Central Luzon rebounded last year from a double-digit contraction in 2020, the Philippine Statistics Authority Regional Statistical Services Office-Central Luzon (PSA RSSO III) reported on Thursday. Results from the latest regional accounts showed the region’s economic output rose to 7.4 percent last year, reversing the 13.9-percent drop in 2020. Central Luzon was among the four regions with the highest economic growth in 2021. Calabarzon ranked first with 7.6-percent growth, followed by Bangsamoro Autonomous Region in Muslim Mindanao and Cordillera Administrative Region, both with 7.5 percent. Of the…

Read More

PNP on alert for Labor Day in Ilocos Region

The Philippine National Police (PNP) is now preparing to deploy at least 200 additional personnel across the region to ensure public safety measures in case of rallies related to the celebration of International Labor Day on May 1. In a press statement issued on Thursday, Police regional director Westrimundo Obinque said the deployment of additional personnel in strategic areas of the region is meant to secure the public from any untoward incidents during crowd gatherings or rallies. “The PNP honors the work done by everyone in the labor force and…

Read More

Davao Region’s economy recovers with 5.9% growth in 2021

Davao Region’s economic performance in 2021 recorded a high of 5.9 percent, a significant increase from the negative 7.5 percent in 2020. With steady prices in 2018, the region’s economy was valued at PHP882 billion in 2021 from about PHP833.2 billion in 2020 with an increase of PHP48.8 billion. The level still falls short of PHP18.5 billion compared to the one recorded in 2019, during the pre-pandemic period. Philippine Statistics Authority in Davao Region (PSA-11) Director Ruben Abaro Jr. said Thursday the industry and service sectors posted the highest growth…

Read More

Facebook parent Meta posts slowest growth in 10 years

Facebook parent Meta posted its slowest growth in 10 years in terms of revenue, according to its financial results statement released late Wednesday. Meta had total revenue of USD27.9 billion in the first quarter of 2022, just a 6.5 percent increase from USD26.2 billion in the same period of last year. It had a net income of USD7.5 billion – a 21 percent decline from USD9.5 billion year-on-year. The number of Facebook users also increased slightly. While daily active users were 1.96 billion on average for March 2022, an increase…

Read More

Ilocos Sur town launches PH’s 1st digital ‘palengke’ app

The local government of Narvacan in Ilocos Sur launched Thursday its new digital palengke (market) app as it introduces cashless transactions among its constituents when going to the public market. Narvacan Mayor Luis “Chavit” Singson said the digital palengke application is just the beginning of the modernization in his hometown as he envisions it to become at par with developed countries in the near future. “I don’t want you to be left behind in terms of technology development and progress in our town,” Singson told his constituents during a simple…

Read More

LTO-Caraga collects over P115-M in Q1

The Land Transportation Office in Caraga Region (LTO-13) has generated PHP115,928,411 revenues during the first three months of the year. An LTO-13 report released Thursday showed three district offices getting the highest revenue collections during the period — Butuan City, Patin-ay in Agusan del Sur, and Cabadbaran City in Agusan del Norte. From January to March this year, LTO-Butuan garnered a total of PHP28,031,662 collections, topping all other LTO districts in the area. LTO-Butuan is followed by LTO-Patin-ay with a collection of PHP15,119,359 and LTO-Cabadbaran with PHP13,998,366. Another district that…

Read More

DA, NTF-WPS set 1st fuel depot in Pag-asa Island

The Department of Agriculture, the National Task Force on the West Philippine Sea (NTF-WPS), and other agencies on Wednesday set up the first fuel depot on Pag-asa Island. In a virtual press conference, Agriculture Undersecretary for Fisheries and Agri Industrialization Ching Natividad-Caballero said the depot aims to save fishers from additional costs that they incur for going back to mainland Palawan. “This means that our fishery, our fisherfolk, the fish along with the areas of the Kalayaan island group and in the West Philippine Sea can replenish and go to…

Read More

Politicians not allowed in jobs fair vicinity: DOLE-11

The Department of Labor and Employment in Davao Region (DOLE -11) reminded politicians Tuesday to steer clear from venues where the Labor Day job and business fairs are conducted. DOLE-11 Director Randolf Pensoy said the advice is particularly directed at local and national candidates for the May 9 elections, who must spare civil servants organizing job fairs from any whiff of electioneering and partisan political activity. “They (politicians) should not be in the vicinity of the event area,” Pensoy said in a press briefing here. “They are not invited.” Earlier,…

Read More