Top News

G7 leaders urged to deliver climate finance

Philippine climate activists marched to the U.S. Embassy on Monday to call on the leaders of the Group of 7 (G7) to deliver climate finance to developing countries in anticipation of the 50th G7 Summit on June 13.  The march was conducted as part of a series of protests across South and Southeast Asia and led by the Asian Peoples’ …

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$2.7-B hyperscale data center to rise in Tarlac

By Rose de la Cruz A landmark digital infrastructure is set to rise in Tarlac after the Bases Conversion and Development Authority (BCDA) signed an agreement with the provincial government to lease a 52-hectare land that would house a 300-megawatt hyperscale data center. The data center, which will occupy 47 hectares of land space, will be built by Narra Technology …

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Escudero stops construction of new Senate building in BGC

By Rose de la Cruz From just P8.9 billion for the original cost of constructing the new Senate building at the Bonifacio Global City in Taguig, the current adjusted cost has leapt to P23 billion, which new Senate President Francis Escudero found atrocious and bad taste for the people. He suspended the construction over concerns of the cost that nearly …

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No problem with BCDA’s dump

By Rose de la Cruz The closure of the 100-hectare sanitary landfill inside the New Clark City in Capas town would take place only in October, as such local governments have ample time to prepare and orient themselves to the new reality that the landfill they have grown used to would not be there after October. A new landfill has …

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IMF cuts Phl growth forecast

By Rose de la Cruz The International Monetary Fund cut its growth forecast for the Philippines to 6 percent in 2024 (still within the government’s target of 6 to 7 percent) from its April forecast of 6.2 percent. “Growth is expected to rebound to 6% in 2024 and 6.2% in 2025, on the back of stronger consumption demand, higher public …

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GSIS ready to grant emergency loans for Kanlaon eruption victims

In the wake of Mount Kanlaon’s eruption last June 3, the Government Service Insurance System (GSIS) is prepared to offer emergency loans to GSIS members and pensioners affected by the disaster, once the affected places are officially declared as calamity areas. Eligible members and pensioners with existing loans can borrow up to P40,000, allowing them to clear their current balance …

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El Nino blamed for rise in jobless rate in April

By Rose de la Cruz Since unemployment rose to a three-month high in April to 2.04 million, up by 41,000 unemployed in March., National Statistician and Undersecretary Claire Dennis Mapa blamed this on the unemployment in the agriculture sector as a result of the El Nino phenomenon. The Philippine Statistics Authority said on Thursday the unemployment rate climbed to a …

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Government told to look after OFWs in Chinese territories amid rising tensions in WPS

By Rose de la Cruz Sen. Sherwin T. Gatchalian advised the Marcos administration to look after the welfare of overseas Filipino workers (OFWs) based in Chinese territories like Macau, Hongkong and China amid the growing tension with Beijing in the West Philippine Sea. Gatchalian told a news briefing that the Marcos administration should also ensure that exports will not be …

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Severe hunger stalks children in the Phl and the world

By Rose de la Cruz So much for the race to becoming an upper middle income (UMI) economy, the Philippines has to grapple with around 2 million Filipino children under 5 years old living in severe food poverty and malnourishment. In fairness to the Philippines, food poverty stalks at least 20 countries, many of them now gripped by conflict and …

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Coastal 500 program launched in Siargao

By Rose de la Cruz Mayors and government leaders from eight countries met in Siargao recently for the first international field immersion of Coastal 500, a global network of mayors and government leaders who have pledged to protect their home coasts. Coming from Indonesia, Micronesia, Palau, Brazil, Guatemala, Honduras, Mozambique and neighboring islands in the Philippines, the mayors and government leaders …

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