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Capitol to help Apas, Kalunasan residents apply for housing loans

Cebu Sun.Star - Tue, 2023-07-18 15:52
THE informal occupants of the Capitol-owned lot in barangays Apas and Kalunasan in Cebu City would be assisted by the Cebu Provincial Government in applying for house loans.

Cebu Governor Gwendolyn Garcia made this announcement during her meeting with the residents of Sitio CRCI in Barangay Apas and Barangay Kalunasan on Monday, July 17, 2023 at the Capitol Social Hall.

It was decided that 114 families will be relocated from Sitio CRCI to another lot in Barangay Kalunasan owned by the Cebu province, while the around 300 families residing in Kalunasan would be offered the opportunity to purchase the lot.

The Cebu province will be selling the lots to the residents through Pag-Ibig’s socialized housing loan program with affordable and flexible financing term.

Garcia instructed the residents to reassemble on July 31, 2023, and to gather all the documents, including valid IDs, required for applying for housing loans.

CRCI is located beside the NFA regional headquarters along Gov. Mariano Cuenco Avenue in Barangay Banilad, Cebu City. (EHP, TPT)
Categories: Philippines News

Philippines’ Marcos Jnr promises ‘utmost prudence’ as he signs bill creating first-ever sovereign wealth fund

SCMP Asian News - Tue, 2023-07-18 15:15
The country’s first-ever sovereign wealth fund has been touted as a way to accelerate growth, after earlier sparking transparency concerns over how it would be managed and financed.
Categories: Asian News

Malaysia charges opposition Perikatan Nasional election chief with sedition for sultan insult weeks before state polls

SCMP Asian News - Tue, 2023-07-18 14:27
Perikatan Nasional’s Muhammad Sanusi Md Nor stands accused of bringing the Selangor monarchy into disrepute with his ‘lousy’ swipe at a fellow chief minister.
Categories: Asian News

The 'kidneys of Kolkata': Indian wetlands under threat

Straits Times Asian News - Tue, 2023-07-18 14:27
July 18, 2023 2:27 PM

Pollution and strong-arm land grabs are putting a lifeline for the megacity’s 14 million residents at risk.

Categories: Asian News

Danao City inks deal with transport firm for pod-based transit

Cebu Sun.Star - Tue, 2023-07-18 14:23
DANAO City in northern Cebu may soon have a solar-powered suspended transportation system that resembles an automobile.

This comes after the Danao City Government and Transit X LLC transportation company signed a memorandum of understanding (MOU) on Monday, July 17, 2023, to build the country's first "revolutionary and futuristic" 24/7 podway mass transport network using solar electricity.

Danao City Mayor Thomas Mark Durano led the signing of MOU together with Vice Mayor Ramon “Nito” Durano, Danao City Investment and Promotions Center (DCIPC) officer-in-charge Red Durano and Transit X chief executive officer Dorothy Pinyoloya.

Transit X Founder and chief operating officer Michael David Stanley also took part in the signing virtually.

During the Danao City Investment Forum on July 8, the Transit X’s plan for a suspended transportation system was unveiled as one of the city's pipeline projects and was considered as a way to enhance mass transit that is environmentally sustainable.

Pinyoloya stated during the event that Transit X will make a $759 million initial investment for the manufacturing and installation of the city's podway.(EHP, TPT)
Categories: Philippines News

From The Newsrooms: PH allies affirm arbitration ruling; Water supply still short

Philippines Times - Tue, 2023-07-18 14:13

A LOW pressure area and southwest monsoons this week poured rain onto depleted Ipo and Angat dams. Maynilad, a water concessionaire that depends on the two reservoirs for its supply announced on July 16 the suspension of scheduled water interruptions indefinitely. Mean

Categories: Philippines News

Opposition meeting: 26 Indian parties hold talks to take on PM Modi

BBC Asia News - Tue, 2023-07-18 14:01
Top opposition leaders are meeting for the second time ahead of general elections due next year.
Categories: Asian News

Malaysia probes disappearance of Myanmar democracy activist and her family

Straits Times Asian News - Tue, 2023-07-18 13:55
July 18, 2023 1:55 PM

Police have opened a missing persons inquiry after receiving a report on the family’s disappearance.

Categories: Asian News

South Korea's Yoon calls for disaster response overhaul over extreme weather

Straits Times Asian News - Tue, 2023-07-18 13:35
July 18, 2023 1:35 PM

Mr Yoon said South Korea should have a digital system to simulate and monitor precipitation forecasts.

Categories: Asian News

Value of French chateaus collapsing - Le Figaro

Philippines Times - Tue, 2023-07-18 13:32

Mansions prices have plunged up to 25% amid a real estate crisis, the outlet has said

French chateaus have slumped in price as a real estate crisis continues to affect the market, Le Figaro reported on Sunday. 

Over the past year, chateaus have shed 20-25% in value while traditional residential real estate

Categories: Philippines News

Lea Salonga stresses importance of respecting boundaries

Cebu Sun.Star - Tue, 2023-07-18 13:31
BROADWAY actress Lea Salonga reminded her fans to respect her personal space and not cross boundaries following an incident where Filipino fans entered her dressing room without permission.

The incident happened after her Broadway performance “Here Lies Love.” A video of the incident posted by Cristopher Retokelly Carpila on July 15, 2023 went viral online as it gained reactions from netizens.

In the viral video, the fans claimed to know the show's co-producer, G Tongi, but Salonga clarified that only those on the guest list are allowed backstage for security reasons.

She can be heard in the video telling the fans to wait outside for a photo opportunity with her.

"Thank you, but then again I have to be strict about this," said the actress.

Salonga still granted their request for a photo outside the dressing room area.

Hours after the incident, Salonga posted on Twitter, emphasizing that buying a ticket to a show does not entitle fans to all-access privileges.

She stressed that fans pay for the performance, not personal access to the artist.

While she doesn't swear at people, Salonga said she will protect her boundaries. She acknowledged that she may lose fans by enforcing her boundaries, but she stands by her decision.

"The money you pay for a theater/concert ticket does not mean all-access. You pay for that performer’s art, and that’s where it stops,” she said. “I’m not the type to cuss people out, but I will protect my territory and my boundaries. If I lose fans as a result, so be it.”

"When one of our lead producers and our dance captain saw the video and learned about what happened, they said, 'You were still very nice, if that were me I would’ve cussed at them and kicked them out',” Salonga said in another Twitter post.

"Just a reminder... I have boundaries. Do not cross them. Thank you," she said.

Other local artists also commented on the incident, with some noting that Filipino fans can exhibit entitled behavior, believing artists owe them something. Salonga expressed frustration with this attitude.

Salonga clarified that the fans in the video were not known by the co-producer mentioned.

In her role in "Here Lies Love," Salonga led an all-Filipino cast, showcasing her talent and representing the Philippines in international theater. (Ian Christopher Ostulano, NWSSU Intern/LMY)

Categories: Philippines News

Bayan Muna hits alleged ‘secrecy’ over final text of Maharlika bill

Philippines Star - Tue, 2023-07-18 13:30
Bayan Muna Chairperson Neri Colmenares said that the signing of the Maharlika bill without furnishing the public with a copy of its final version was akin to keeping the measure shrouded in “secrecy.”
Categories: Philippines News

Weakened Typhoon Talim hits Vietnam after passing through China

Straits Times Asian News - Tue, 2023-07-18 13:27
July 18, 2023 1:27 PM

The storm is expected to further weaken and dissipate.

Categories: Asian News

Marcos signs Philippines’ first sovereign wealth fund into law, vows checks against abuse

Straits Times Asian News - Tue, 2023-07-18 13:20
July 18, 2023 1:20 PM

The MIF is patterned after the sovereign wealth funds of countries like Norway and Singapore.

Categories: Asian News

Cambodia’s Sam Rainsy barred from running for office for 25 years

SCMP Asian News - Tue, 2023-07-18 13:03
The opposition figurehead, who has lived in self-exile in France since 2015, had called on Cambodian voters to void their votes when they go to polling stations on Sunday.
Categories: Asian News

Philippines launches its first sovereign investment fund

Philippines Times - Tue, 2023-07-18 12:18

MANILA, July 18 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Tuesday signed into law the Maharlika Investment Fund (MIF) Act, establishing the country's first-ever sovereign investment fund.

"For the first time in the history of the Philippines, we now have a sovereign wealth fund designed to drive economic development," Marcos said at the signing ceremony at the presidential palace, stressing

Categories: Philippines News

Spring Rain Global urges investors to join cause

Cebu Sun.Star - Tue, 2023-07-18 12:08
CEBU-BASED social enterprise Spring Rain Global (SRG) encouraged investors and philanthropists to serve communities in need, as it commenced its 15th year in assisting Philanthropic Development Offices in the Philippines and across the globe.

In a press conference held at Golden Prince Hotel on Monday, July 17, 2023, Dr. Glenda M. Antonio, founder, president and chief executive officer (CEO) of SRG, said that for a decade and a half, it has successfully advocated 150 Philanthropic Development Offices in Asia, America, Europe, Africa, and some cities in the Philippines.

Some of SRGs major hubs are located in Singapore for Asia Pacific and the United States in the west.

"In the birth of our 15th year milestone, about two years ago, we are proud to share that we have a patented framework called the Spring Rain Global 6-Pillar Capacitation Model," Antonio said.

"These include, Leadership and Governance, Program Development and Management, Philanthropy Development, Financial Planning, Database Management, and Ecosystem Building," she added.

The patented model aims to mentor other development organizations that will “hone them in sustainable ways in raising funds and networks through conferences, workshops, and training.”

The organization will also hold events relating to sports and music that intend to determine and guide its partner organizations on the latest trends in philanthropy and attract funders and donors.

"For the championship, P1 million (price). This is not a simple tournament. This is a philanthropy tournament. We are giving this kind of price, precisely because we wanted to help not only the players but the advocacy that they are representing," said Fr. Victor Gonzaga, SRG chairman of the Advisory Board.

SRG will also extend its network by launching a foundation that will provide positive relations to social development organizations in their capacity-building needs, which are often overlooked by other large organizations.

Meanwhile, a three-day conference headed by SRG will happen on July 24-26 at the Waterfront Cebu City Hotel and Casino with the theme, "Unity and Solidarity: Nurturing Towards a Stronger Ecosystem of Good." It will feature various international speakers globally.

Different sectoral groups are also expected to join the three-day-event that is going to be first hosted in the Philippines.

Interested attendees of the events may register through Spring Rain Global's official Facebook page. (Denise Mae Codis and Kimberly Goc-ong, CNU interns)

Categories: Philippines News

Murders spike in Malaysia’s Melaka state amid spate of rapes and gang robberies

SCMP Asian News - Tue, 2023-07-18 12:03
Murders in the state shot up an unprecedented 150 per cent in the first six months, while unarmed gang robberies were up 88 per cent and rapes increased 17 per cent, according to police figures.
Categories: Asian News

Evergrande: Crisis-hit Chinese property giant reveals $81bn loss

BBC Asia News - Tue, 2023-07-18 11:28
The embattled Chinese property giant has reported its long overdue earnings for 2021 and 2022.
Categories: Asian News

Megaworld to build P1.5B convention center in Mactan

Cebu Sun.Star - Tue, 2023-07-18 11:19
PROPERTY developer Megaworld is investing P1.5 billion to build Mactan Expo Center, a two-level standalone convention center inside its 30-hectare The Mactan Newtown township in Lapu-Lapu City, Cebu.

The ground level of the expo center will feature a convention hall that can accommodate up to 2,500 people for theatre-type set-up, and 1,600 people for banquet-style set-up.

Construction of this project is scheduled this year and is slated for completion in 2025. (KOC)
Categories: Philippines News

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