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Disaster mitigation

October 1, 2009

Those who complained that the government did not act fast enough to the floods due to Ondoy are either being captious or deliberately unfair.

It’s odious to make comparisons but by most of the standards of disaster management, the National Disaster Coordinating Council (NDCC) performed creditably. Read the rest of this entry »

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For not getting his salary for two months, man decapitates employer

October 1, 2009

A man who admitted killing his 59-year-old employer voluntarily surrendered last Tuesday night to policemen assigned to the Plaza Miranda Police Community Precinct last Tuesday night in Quiapo, Manila carrying the head of his victim. Read the rest of this entry »

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Rural banks’ expanding roles

October 1, 2009

Access to credit among small businesses are largely associated with the level of development of rural banks in their area since most of the country’s small and medium enterprises (SMEs), mostly located in the provinces, rely on the services of banks nearest to them. Read the rest of this entry »

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Package of benefits up for solo parents

October 1, 2009

CEBU, Philippines – Soon solo parents in Cebu City and their children can already avail of a package of benefits from the city government. Read the rest of this entry »

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Rules on real estate investment trusts to be signed by yearend

October 1, 2009

MANILA, Philippines – A law that will provide the regulatory framework for real estate investment trusts (REITS) is expected to be signed by the end of the year, allowing the Philippines to take a significant step in recognizing the importance of real estate as an alternative investment instrument. Read the rest of this entry »

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Crisis losses down by $600 billion – IMF

October 1, 2009

ISTANBUL, Turkey (AP) – Likely losses from the financial crisis in the three years to 2010 have been reduced by $600 billion to $3.4 trillion as the world economy grows faster than previously expected, the International Monetary Fund said Wednesday.        Read the rest of this entry »

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Renewable energy to account for biggest share in power mix

October 1, 2009

MANILA, Philippines – Amid growing concerns on global climate change, the Department of Energy (DOE) is eyeing to make renewable energy sources account for the biggest share in the country’s power generation mix. Read the rest of this entry »

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Global Fund suspends grant to RP group

October 1, 2009

WASHINGTON – The Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM) said it has suspended all five of its grants to the Tropical Disease Foundation (TDF) in the Philippines because of misuse of funds. Read the rest of this entry »

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Supreme Court rules mall parking fees legal

October 1, 2009

MANILA, Philippines – Mall owners can collect parking fees from motorists using their premises without violating the law, the Supreme Court (SC) has ruled. Read the rest of this entry »