You are here

Philippines News

Gov't, private partners seek to revive Davao cacao council

Philippines Times - Tue, 2022-06-07 18:20

DAVAO CITY - The Department of Trade and Industry in Davao Region (DTI-11) has partnered with industry partners to revive the regional cacao council.

"Together with the Department of Agriculture (DA), we move towards the reactivation of our cacao council to develop the industry further and p

Categories: Philippines News

Cop arrested in Zambo City anti-drug op

Philippines Times - Tue, 2022-06-07 18:16

ZAMBOANGA CITY - A rookie police officer was arrested in an anti-drug operation here, police officials said Tuesday.

Brig. Gen. Franco Simborio, Police Regional Office-Zamboanga Peninsula (PRO-9) director, said Patrolman Carl Anthony Burgas Tabo-Tabo was caught in a buy-bust around 11:33 p.m

Categories: Philippines News

DOH eyes inclusion of Covid vaccination in public health programs

Philippines Times - Tue, 2022-06-07 18:14

MANILA - The Department of Health (DOH) plans to institutionalize the coronavirus disease 2019 (Covid-19) vaccination program into its regular programs for public health.

In an online media forum Tuesday, Health Undersecretary Maria Rosario Vergeire said they want the inoculation program agai

Categories: Philippines News

Firm, transport groups roll out 450 modern PUVs in Bicol

Philippines Times - Tue, 2022-06-07 18:11
MANILA - Supporting the government's Public Utility Vehicle Modernization Program (PUVMP), Hyundai Asia Resources Inc. (HARI) and 30 local transport cooperative groups have signed a memorandum of understanding (MOU) for the rollout of more modern PUVs in Bicol.Under the MOU,
Categories: Philippines News

C. Luzon offering over 12K jobs, trainings, livelihood grants

Philippines Times - Tue, 2022-06-07 18:10

CITY OF SAN FERNANDO, Pampanga - Over 12,000 jobs await applicants in Central Luzon under this year's "Trabaho, Negosyo at Kabuhayan" (TNK) Job and Business Fair, the Department of Labor and Employment (DOLE) regional office here said on Tuesday.

This is in line with the celebration of the 12

Categories: Philippines News

Marcos, 2 losing pres'l bets file SOCE

Philippines Times - Tue, 2022-06-07 17:56

MANILA - President-elect Ferdinand "Bongbong" Marcos Jr. and two losing presidential aspirants in the May 9 polls were among the filers of Statements of Contributions and Expenditures (SOCE) on Tuesday, a day before the deadline of the one-month filing period.

Marcos Jr. has submitted his SOC

Categories: Philippines News

Admin raps await 'pastillas' suspects charged with graft

Philippines Times - Tue, 2022-06-07 17:55

MANILA - Bureau of Immigration (BI) employees implicated in the so-called "pastillas" scam will still face separate administrative charges distinct from the suits filed by the Office of the Ombudsman.

The bail for the temporary liberty of each of the 43 BI officials and staff was recommended

Categories: Philippines News

45K indigent, Covid-hit residents get food subsidy in Butuan

Philippines Times - Tue, 2022-06-07 17:49

BUTUAN CITY - At least 45,020 indigents and coronavirus disease 2019 (Covid-19)-affected residents here are set to receive food subsidies from the local government this month, an official said Tuesday.

"This is already the third batch of food subsidy releases to our residents who are greatly

Categories: Philippines News

Over 3.4K overseas work offered in Ilocos Independence Day fair

Philippines Times - Tue, 2022-06-07 17:49
MALASIQUI, Pangasinan - Some 11,627 vacancies will be offered to Ilocos residents at the Independence Day jobs fair that will be held in different locations in the region.In an interview on Tuesday, Department of Labor and Employment Ilocos Region information officer Justin
Categories: Philippines News

Tabak Division gets more soldiers to crush NPA guerrilla unit

Philippines Times - Tue, 2022-06-07 17:45

ZAMBOANGA CITY - The Army's 1st Infantry "Tabak" Division (ID) has added 153 new soldiers to its ranks as it makes a final push to defeat the last guerrilla front of the New People's Army (NPA) in its area of operation.

The new soldiers completed military training at the 1st Division Trainin

Categories: Philippines News

Tourism governance in Cebu 'good model' for other PH destinations

Philippines Times - Tue, 2022-06-07 17:45

MANILA - Incoming Tourism chief Christina Frasco sees Cebu's tourism governance as a "good model" for other destinations in the Philippines.

In an interview with ABS-CBN News Channel on Tuesday, Frasco said coordination among tourism stakeholders and the development of lesser-known destinatio

Categories: Philippines News

3K low-income DavOr residents gets DSWD cash aid

Philippines Times - Tue, 2022-06-07 17:45

BANAYBANAY, Davao Oriental - At least 3,000 low income residents in this municipality received financial assistance of PHP3,000 each from the Department of Social Welfare and Development (DSWD) Tuesday.

The distribution of PHP9 million financial aid was sourced from the DSWD's Assistance To

Categories: Philippines News

PH inflation surges 5.4% in May

Cebu Sun.Star - Tue, 2022-06-07 17:41
INFLATION further accelerated in May as oil and other commodity prices remained elevated, the government announced on Tuesday.

The consumer price index climbed 5.4 percent last month, the quickest since 2018, and faster than the 4.9 percent in April, the Philippine Statistics Authority said.

Philippines has among Southeast Asia’s quickest inflation. The peso slid last week to three-year low, potentially further fanning costs in a country that imports commodities from crude oil to wheat.

The figure is within the Bangko Sentral ng Pilipinas’ projected range of 5 to 5.8 percent inflation for the month. Year-to-date inflation settled at 4.1 percent, slightly above the BSP’s target range of two to four percent for 2022.

Socioeconomic Planning Secretary Karl Kendrick Chua in a statement said that the Russia-Ukraine conflict has disrupted the global supply chain and elevated commodity prices, particularly for fuel.

“We have seen how a single crisis can set us back, so the Duterte administration has pursued both short- and long-term interventions to increase the resilience of our domestic economy against external shocks,” the country’s chief economist said.

Faster inflation for both food and non-food commodity groups contributed to the increase in headline inflation.

Food inflation further accelerated to 5.2 percent in May from 4 percent in April, due to faster inflation rates for vegetables, fish, and meat.

Corn inflation remained high at 24.4 percent due to limited global supply. In contrast, rice inflation remained stable and decelerated to 1.5 percent amid the implementation of the Rice Tariffication Law and EO No. 135, which diversified the country’s rice sources.

Meanwhile, non-food inflation continued to increase to 5.6 percent in May from 5.4 percent in April, driven by transport inflation which increased to 14.6 percent in May from 13 percent in April due to elevated world oil prices. Private transport inflation accelerated to 47.9 percent from 44.4 percent, while public transport remained muted at 1.6 percent due to fare regulation.

Household inflation for electricity, gas, and other fuels also remained high even with a slight deceleration at 18.8 percent from 19.9 percent.

To help cushion the impact of higher fuel prices on the most vulnerable, the government has increased the total budget for targeted subsidies to P6.1 billion. As of June 1, 2022, over 180,000 PUV drivers and operators have received their P6,500 fuel subsidy under the Pantawid Pasada program. At the same time, more than 158,000 farmers and fisherfolk are also set to receive P3,000 as fuel discounts.

Moreover, to facilitate the entry of more goods at lower prices, President Duterte issued Executive Order No. 171 to modify tariff rates for pork, corn, rice and coal. This is among the key recommendations of the Economic Development Cluster in addressing the inflationary impact of the Russia-Ukraine conflict.

EO No. 171 extends the validity of EO Nos. 134 and 135, which lowered the most favored nation (MFN) tariff rates for the importation of pork and rice. The EO also reduces MFN tariff rates for corn to five percent in-quota and 15 percent out-quota, citing that corn accounts for more than 50 percent of the total production cost of large-scale broiler and swine farms.

To help maintain or lower electricity prices, EO No. 171 also temporarily eliminates the seven percent MFN import tariff rate on coal as it is an important raw material in the generation of electricity.

“These temporary measures are expected to increase our food supply and ease higher electricity costs in the short-term,” Chua said.
Categories: Philippines News

Cebu, Bohol vendors get ‘delivery’ bikes, tools from DOLE

Cebu Sun.Star - Tue, 2022-06-07 17:38
SEVERAL vendors in Mandaue City, Cebu and Bohol province are now equipped with tools and bicycles for their vending and delivery business, the Department of Labor and Employment (DOLE 7) said on Tuesday.

In a statement, Emmanuel Ferrer, DOLE 7 assistant director, said the P25,000 worth of package of assistance for each vendor comprises a mountain bike with lights and horn, insulator bag, helmet, reflector vest, tumbler, cellphone and a prepaid load card amounting to P2,900.

In Mandaue City, DOLE 7 released P350,000 worth of delivery business jigs and equipment to 14 vendors at the Mandaue City Sports Complex.

“We hope that this assistance will help them recover from the harsh impact of the pandemic. We already know that there are so many workers both from the formal and informal economy who lost their source of income. Under this program, it is our wish for them to bounce back economically,” Ferrer said.

In Bohol, at least five workers benefited from the project and collectively received P125,000 worth of livelihood assistance from DOLE. They received their bikes and other materials at the DOLE 7-Bohol field office.

“Our BikeCINATION project beneficiaries in Bohol hailed from the municipalities of Getafe, Valencia, Danao, Antequera and Anda. To all of them, congratulations and we hope that they will put to good use the assistance they got from the government,” DOLE 7-Bohol Officer-in-Charge Jessica Uy said.

BikeCINATION is a special project under the DOLE Integrated Livelihood Program, a grant for entrepreneurial ventures for the working poor, vulnerable and marginalized workers. (with PR)
Categories: Philippines News

Soriano: Fight, Flight or Mediate?

Cebu Sun.Star - Tue, 2022-06-07 17:38
In a Harvard Business Review article entitled “Conflicts That Plague Family Businesses,” noted American psychologist Harry Levinson profoundly expressed the magnitude of family conflict when he said: “It is obvious common sense that when managerial decisions are influenced by feelings about and responsibilities toward relatives in the business, when nepotism exerts a negative influence, and when a company is run more to honor a family tradition than for its own needs and purposes, there is likely to be trouble.”

When these burning issues remain unresolved, are set aside and totally ignored, a major event like the death of the founder can trigger an avalanche of deeper issues. For many family members mired in this situation, it is either a fight or flight event.

a. Flight responses typically manifest when affected family members deny the existence of the conflict. There exists a huge “elephant in the room” yet family members tend to look the other way. It is blatantly (or shall I say cowardly) avoided, totally ignored and no one addresses the conflict and its underlying causes so the problem mutates and grows. Out of exasperation and desperation, some even flee from it. I know of one toxic Asian family where the rivalry reached its peak culminating in the resignation of the children. To the surprise and disappointment of the founding parents, every year, the adult children leave the family business. Some eventually start their business from scratch but many went as far as migrating overseas just to escape the stress of day to day conflict.

b. Fight responses on the other hand can be more vicious and dangerous. This includes power plays, physical or verbal threats and intimidation and often abetted by legal posturing, instituting litigation, and in extreme cases resorting to violence. In this situation, there is so much hate and the breakdown of any form of objective discourse. The warring parties are grasping at straws and usually the aggressive party is bent on fomenting a hostile takeover or outsmarting the other party even at the risk of permanently damaging relationships and causing the collapse of the business started by their founding parents. The danger of an implosion is imminent if the family will not come to terms fast.

There is a more rational response that is often difficult as it requires an objectivity that is almost impossible to maintain for someone inside the conflict and this is the third type, mediation using a third party and non-family member.

c. Mediation is a preferred approach as it highlights honest, open and transparent communication among family members. This approach includes intense discussions and negotiation. In my experience helping conflicted families in Asia, this type of intervention is the best approach to resolving conflicts for both the family and the business. There are many upsides in this collective and facilitated approach and foremost would be the opportunity for all parties with their representatives to be heard and their positions expressed in writing. Emotions are methodically managed and every contentious issue is addressed and attended to until the major sources of conflict, usually economic, are resolved to the satisfaction of all the parties. The key is objectivity, rational decision making, promoting trust and all parties exhibiting great effort in favorably coming to a win-win conclusion. The final test of a committed and sincere family is how they can agree to disagree in a climate of trust, objectivity and relentless communication. These values are the cornerstone in making this approach successful. As we always say in governance, “if families talk, they can solve their problems. If they don’t talk, they will never be able to solve anything!”
Categories: Philippines News

CLI eyes to invest more in Visayas, Mindanao

Cebu Sun.Star - Tue, 2022-06-07 17:38
CEBU Landmasters Inc. (CLI) is looking to deepen its investments in the Visayas and Mindanao to support the continued economic recovery in these regions.

CLI chairman and chief executive officer Jose Soberano III made the pronouncement on Tuesday during the company’s annual stockholders meeting.

“CLI will continue in 2022 to expand to new business segments, deepen our investments in the Visayas and Mindanao regions while strengthening internal systems to achieve its growth guidance of 20 percent,” Soberano said.

The firm projected to set new performance records in 2022 with 21 pipeline projects worth P31.5 billion.

Notwithstanding mobility restrictions and supply chain interruptions, the official said they were able to achieve quick project turnarounds.

He further said their construction activities stayed in full swing throughout 2021.

Soberano added that CLI’s growth trajectory in 2022 will be supported by a land bank of 103 hectares valued at P12 billion.

Among the focal points of CLI’s expansion plans are three townships now under development. These are the 22-hectare Davao Global Township; 14.3-hectare property in Cagayan de Oro City acquired from Xavier University and envisioned to be a mixed-use university town; and the 100-hectare Minglanilla Techno Business Park in Cebu which is envisioned to be a regional growth center.

Outstanding revenue

As of first quarter of 2022, CLI already posted an outstanding revenue growth of 53 percent to P3.56 billion from P2.3 billion in Q1 2021 with all business units registering stellar performance. In 2021, CLI’s consolidated revenues grew by 35 percent to P11.16 billion with net income to shareholders increasing by 42 percent to P2.61 billion.

CLI sustained its leadership in Visayas and Mindanao with a 33 percent market share in the condominium segment, the largest, and a 26 percent share in the subdivision segment, according to a Q3 2021 Santos Knight Frank real estate market study.

“We are pleased that despite the extended stay of Covid-19 followed by the devastation of super typhoon Odette in 2021, CLI remained resilient and further strengthened its presence in its communities,” Soberano said.
Categories: Philippines News

BTr partially awards 5-year T-bond as rate rises

Philippines Times - Tue, 2022-06-07 17:37
MANILA - The continued acceleration of the domestic inflation rate made investors demand a higher yield, which resulted in the partial award by the Bureau of the Treasury (BTr) of the five-year Treasury bond (T-bond) on Tuesday.The average rate of the debt paper rose to 5.51
Categories: Philippines News

SunStar lifestyle writer Cookie Newman, 84

Cebu Sun.Star - Tue, 2022-06-07 17:34
SUNSTAR Cebu lifestyle writer Jenara “Cookie” Sanson Regis-Newman succumbed to pneumonia secondary to fourth stage cancer on Monday, June 6, 2022. She was 84.

Her daughter, Pia Bouffard, told SunStar that Newman was admitted to the University of Cebu Medical Center in Mandaue City on May 26, after she complained of tiredness and difficulty breathing.

For more than a month, Newman, who was asthmatic, had not initially sought hospital treatment, believing that she was only suffering asthma attacks.

At the hospital, they learned that water was already building up in her lungs because it turned out that she had cancer at an advanced stage, Bouffard said.

“A month ago, she was still up and active. She was still driving,” Newman’s third child said of Newman, who would have turned 85 on July 17.

Bouffard said Newman was a Fulbright scholar. She also lived in New York for a time.

Newman wrote the column, “Stardust,” while she was the entertainment editor of the Evening News in Manila. She wrote “Womannotes,” for the Cebu Daily Times from 1977 to 1980.

She edited Vistas, Spectrum, Southern Star, The Freeman Metro Journal, The Freeman food supplement called “Kitchen Sunday,” and The Freeman Sunday magazine.

Newman edited SunStar Daily’s Sunday magazine called “Weekend” in the late ‘80s and early ‘90s. She wrote features for SunStar Cebu’s Live! section and occasionally co-wrote society columns.

She wrote the food essay for the Ayala coffeetable book, “Cebu.” The Philippines Foundation Inc. released her book, “Perlas.” In 2008, she edited the 75th anniversary commemorative book of St. Theresa’s College, “A Diamond Jubilation.”

Newman had eight children but three predeceased her.

She is survived by a brother, a sister, five children, 11 grandchildren and four great-grandchildren.

Her wake is at the St. Pedro Calungsod Chapel at The Archdiocesan Shrine of the Most Sacred Heart of Jesus (the former Sacred Heart Church) compound on D. Jakosalem St., Cebu City.

She will be laid to rest at Cempark on Saturday, June 11.
Categories: Philippines News

SunStar lifestyle writer Cookie Newman dies at 84

Cebu Sun.Star - Tue, 2022-06-07 17:34
SUNSTAR Cebu lifestyle writer Jenara “Cookie” Sanson Regis-Newman succumbed to pneumonia secondary to fourth stage cancer on Monday, June 6, 2022. She was 84.

Her daughter, Pia Bouffard, told SunStar that Newman was admitted to the University of Cebu Medical Center in Mandaue City on May 26, after she complained of tiredness and difficulty breathing.

For more than a month, Newman, who was asthmatic, had not initially sought hospital treatment, believing that she was only suffering asthma attacks.

At the hospital, they learned that water was already building up in her lungs because it turned out that she had cancer at an advanced stage, Bouffard said.

“A month ago, she was still up and active. She was still driving,” Newman’s third child said of Newman, who would have turned 85 on July 17.

Bouffard said Newman was a Fulbright scholar. She also lived in New York for a time.

Newman wrote the column, “Stardust,” while she was the entertainment editor of the Evening News in Manila. She wrote “Womannotes,” for the Cebu Daily Times from 1977 to 1980.

She edited Vistas, Spectrum, Southern Star, The Freeman Metro Journal, The Freeman food supplement called “Kitchen Sunday,” and The Freeman Sunday magazine.

Newman edited SunStar Daily's Sunday magazine called “Weekend” in the late ‘80s and early ‘90s. She wrote features for SunStar Cebu's Live! section and occasionally co-wrote society columns.

She wrote the food essay for the Ayala coffeetable book, “Cebu.” The Philippines Foundation Inc. released her book, “Perlas.” In 2008, she edited the 75th anniversary commemorative book of St. Theresa's College, “A Diamond Jubilation.”

Newman had eight children, but three predeceased her.

She is survived by a brother, a sister, five children, 11 grandchildren and four great-grandchildren.

Her wake is at the St. Pedro Calungsod Chapel at The Archdiocesan Shrine of the Most Sacred Heart of Jesus (the former Sacred Heart Church) compound on D. Jakosalem Street, Cebu City.

She will be laid to rest at Cempark on Saturday, June 11.
Categories: Philippines News

Manila hospitals Covid-19 occupancy rate down to 1%

Philippines Times - Tue, 2022-06-07 17:32

MANILA - The occupancy rate for coronavirus disease 2019 (Covid-19) patients in Manila's six district hospitals is down to 1 percent as of Tuesday.

At the Manila Covid-19 Field Hospital, only 11 beds, or 3 percent of the total 344, are in use.

Data issued by the Manila Public Informatio

Categories: Philippines News

Pages

Subscribe to Moalboal, Philippines Information aggregator - Philippines News