1M trees planted in Sorsogon under ‘Kalikasan’ program

By Connie Calipay  LEGAZPI CITY – The provincial government of Sorsogon has planted and nurtured more than one million trees across the province over one year under its “Kalikasan” program to help fight climate change. Salvador Mendoza, Sorsogon provincial information office head, said the province surpassed its target to plant one million seedlings from May 15,…

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S. Korea’s Asiana resumes Clark-Incheon route on June 5

South Korea’s Asiana Airlines will resume its daily flights between Incheon and Clark beginning June 5. Clark Internation Airport’s (CRK) management announced Friday Flight OZ 708 will leave Incheon International Airport (ICN) at 2 p.m. and arrive at Clark International Airport at 7:05 p.m. From CRK, flight OZ 707 will leave at 9:55 p.m., arriving at ICN at 1:50 a.m. “We welcome the resumption…

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DOST to help group establish a silk cocoon production hub in Pangasinan

By Ma. Cristina Arayata  The Department of Science and Technology – Philippine Textile Research Institute (DOST-PTRI) is coordinating with the Lagpan Upland Farming Association, an upland farmers association in Mangatarem, Pangasinan, to help its members establish a silk cocoon production hub in the province. The Lagpan Upland Farming Association Inc. reached out to the PTRI through the help of one…

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PH, JICA ink MRT 3 rehab project loan deal

The Philippine government and the Japan International Cooperation Agency (JICA) have recently signed the JPY17.4-billion (US$130 million) Metro Rail Transit (MRT) Line 3 Rehabilitation Project (II) loan agreement. The aaccord was signed by Department of Finance (DOF) Secretary Benjamin Diokno and JICA chief representative in the Philippines Sakamoto Takema at the DOF office in Manila. The rehabilitation includes provisions for capacity expansion including rolling…

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BSP to Bank owners: Protect depositors’ money

MANILA – Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla has urged bank owners to protect their depositors’ money, a function that constitutes their primary responsibility. In his speech during the launch of the book “Banking Laws of the Philippines – Annotated” at the Central Bank’s main office in Manila recently. Medalla underscored the need to update banking laws to…

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World Bank OKs US$100-M Mindanao agri dev’t project for IPs

The World Bank has approved a US$100 million agriculture development project to help boost the livelihood of farmers and fisherfolk in indigenous cultural communities in Mindanao. Philippines. In a statement over the weekend, World Bank said the Mindanao Inclusive Agriculture Development Project (MIADP) is expected to benefit around 120,000 farmers and fisherfolk in selected ancestral domains in…

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BOI: Gov’t confident to hit P1.5-trillion investment target

BALAMBAN, Cebu – The Board of Investments (BOI) has expressed  confidence its P1.5 trillion investment pledges target this year will be achieved. In an interview over the weekend here, Trade Undersecretary and BOI managing head Ceferino Rodolfo said several big renewable energy (RE) projects are expected to be approved within the year. “These renewable energy projects…

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