THE PHILIPPINES will likely import more ethanol in the coming years to meet the mandated ethanol blends in gasoline, as supply will be unable to meet rising demand through 2020 due to low productivity and disincentives on investments.
THE SENATE finance subcommittee will likely still move for the removal of the Aurora Pacific Economic Zone and Freeport’s (APECO) P200-million budget under next year’s spending plan as Senator Sergio R. Osmeña III expressed he’s still unconvinced of the freeport’s feasibility seven years after its creation.
Richard Yap is also planning to venture into flooring business.
Make Your Nanay Proud is an anthology of inspiring stories of maternal love and how Filipinos make their mothers proud.
Philippine President Benigno Aquino approved Thursday a 160-billion-peso ($3.6 billion) plan to rebuild areas ravaged by Super Typhoon Haiyan one year after the disaster, his spokesman said. The plan includes reconstruction timetables demanded by Aquino who last week criticised the pace of rebuilding, Presidential Spokesman Edwin Lacierda said. Haiyan, the strongest storm ever to make landfall, packed winds of 315 kilometres (195 miles) per hour when it slammed the central Philippines in November last year, bringing tsunami-like storm surges that wiped out entire villages and left more than 7,350 people dead or missing. “The work programmes, all the details have been inputted into the detailed rehabilitation plan,” Lacierda told reporters. An initial 52 billion pesos of the total rehabilitation budget had been released by the budget department, he added. Aquino earlier this month said he wanted the rehabilitation programme “substantially completed” by the time his term ends in mid-2016, as ten of thousands of typhoon survivors remain without homes and vital infrastructure. One year after the deluge, the mayor of one of the worst-hit cities said housing remained a problem with only 50 families in his area moved to permanent dwellings. “Our priority is really shelter,” Tacloban City Mayor Alfred Romualdez told reporters this week. The government needs to build “transitional” homes for storm survivors while permanent ones, which should be able to withstand typhoon winds, are being built, he said. “They have to be relocated to safer zones. We cannot say safe zones because there are no safe zones,” Read More …
THE HOUSE of Representatives approved the proposed P2.606-trillion national budget for 2015 on third and final reading yesterday without major amendments, keeping with the Executive’s goal of having it enacted by yearend.
THE P2.25-billion maintenance contract for the Metro Rail Transit 3 (MRT-3) could be awarded by January the earliest, a Transportation official said, as not one of five interested firms turned in their bids last Tuesday.
AT OUR PRIME, we plan ahead and ensure that we are taken care of until our final stage in life. This is where the option of investing in memorial plans, whether in a memorial plot or in a columbary or ash vaults, kicks in. It may surprise some readers but, as these are forms of investment, there is that probability of profiting from this investment platform.
Gardo Versoza hosts a party to celebrate baby Uziel’s first birthday and baptism.
Check out the celebrities we spotted at Sunnies Studios anniversary party and Yamaha’s “Open Your World” event.