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Politics

VILLAFUERTE THANKS DUTERTE FOR ADDED CALAMITY AID

Local government executives of Camarines Sur led by Rep. LRay Villafuerte and Gov. Migz Villafuerte thanked President Duterte over the weekend for ordering budget officials to fast-track the release of additional calamity assistance to Camarines Sur and other provinces  devastated  by the three successive powerful typhoons.  Rep. Villafuerte also thanked the President for approving the […]

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Government

POWER COOPS SECURE P343M LOANS IN JANUARY-JULY – NEA

Loans, including calamity loans, extended by the state-run National Electrification Administration (NEA) to electric cooperatives (ECs) reached P343.445 million in the seven-month period (January to July 2020).    A big chunk of these loans, P240.365 million, went to fund the electrification projects and working capital requirements of nine ECs, data from the NEA Accounts Management […]

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Government

SOUTH KOREA DONATES RICE FOR CALAMITY VICTIMS – DAR

The South Korean government recently donated 950 metric tons (MT) of rice to the Philippines, particularly for the thousands of Filipino families adversely affected by natural disasters and calamities last year. They include the earthquake victims in Mindanao, particularly in North Cotabato and Davao del Sur, and other areas in regions 11 and 12, and […]

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Politics

PASS DEPARTMENT OF DISASTER RESILIENCE BILL – VELASCO

Following a magnitude 6.3 earthquake that rocked Mindanao recently, several House members are urging the swift passage of a bill creating a government agency that will specifically deal with disasters and other calamities in the country. Marinduque Representative Lord Allan Velasco said there is now an immediate need for the passage of the administration’s version […]

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Government

NEA GRANTS P1.8B LOANS TO ECs; HITS FULL-YEAR TARGET AHEAD OF SCHEDULE

State-run National Electrification Administration (NEA) has achieved its full-year loan availment target of P1.7 billion by the electric cooperatives (ECs) three months ahead of schedule. Latest data from the NEA Accounts Management and Guarantee Department (AMGD) show P1.8 billion worth of loans, including calamity loans, has been extended to 57 ECs as of end-September. The […]

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Government

NEA COMMITTED TO DRAFTING OF IRR FOR EC EMERGENCY FUND LAW – MASONGSONG

The National Electrification Administration (NEA) has committed to fast-track the drafting of the implementing rules and regulations (IRR) for the recently passed electric cooperatives (EC) emergency fund law. Republic Act 11039, also known as the “Electric Cooperatives Emergency and Resiliency Fund Act,” was approved by President Rodrigo Duterte on June 29. The law provides the […]

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Politics

PROVIDE INSURANCE COVERAGE FOR TYPHOON-DAMAGED CROPS – VILLAR

With the typhoon season again upon us, Senator Cynthia Villar has asked insurance companies to help smallholder farmers recover fast from the damage brought by typhoons and other calamities to crops and livestock by giving insurance coverage to the agricultural sector. “We want our farmer to get back within one week to the field to […]