‘OMPONG’ VICTIMS IN CAGAYAN, ILOCOS NORTE GET ASSISTANCE - As part of the early recovery and rehabilitation for typhoon “Ompong” (Mangkhut) victims, the Department of Social Welfare and Development (DSWD) will be allocating P20 million for the implementation of cash-for-work program in Ilocos Norte. Through DSWD-Ilocos Region, the program will provide temporary employment for affected families in the province. Likewise, volunteer workers of Bangon... Continue reading →
Power restoration may take 2 months in worst-hit areas in Cagayan: CEZA chief - The devastation of typhoon Ompong is seen at the entrance of Port Irene in the municipality of Sta. Ana, Cagayan province on July 16, 2018. Typhoon Ompong, this year’s strongest typhoon to hit the Philippines, ravaged parts of Northern Luzon over the weekend. George Calvelo, ABS-CBN News MANILA – Full restoration of power lines in some... Continue reading →
CEZA activates disaster quick-response team - By: Freddie Lazaro – September 13, 2018 | Manila Bulletin STA. ANA, Cagayan — A mass evacuation is being anticipated in this province and local authorities, including the Cagayan Economic Zone Authority (CEZA), here, are already prepared for it. (MANILA BULLETIN) Secretary Raul L. Lambino, administrator and CEO of the Lambino of the Cagayan Special Economic... Continue reading →
Ceza’s 50-man quick response team on standby for huge storm - By: Manila Standard – September 13, 2018 As typhoon “Ompong” intensified with winds of over 200 kph on a path directly toward the country’s northeastern seaboard, Secretary Raul L. Lambino activated Wednesday a 50-man quick-response team in Sta. Ana, the heartland of the Cagayan Special Economic Zone and Freeport. “Our order is for the quick-response team... Continue reading →
Raul Lambino: Cagayan Airport accredited by ICAO - By: Politiko é – September 7, 2018 Cagayan Economic Zone Authority (CEZA) Administrator Raul Lambino said the Cagayan North International Airport has been granted accreditation by the International Civil Aviation Organization (ICAO). The accreditation allows the airport a few chartered commercial flights per week. Lambino said the airport is currently operating chartered flights from Macau. He... Continue reading →
Duterte visit yields $83 million worth of Israeli deals - By: Manila Standard –  September 06, 2018 By pushing to boost the economic partnerships with non-traditional trading partners like Israel, the Philippine government identified several business “complementarities” that resulted in investment pledges, business collaborations and intentions during President Rodrigo Duterte’s visit on Sept. 2 to 5, Malacañang said Wednesday. This strategy to continuously open investments and... Continue reading →
PHL, Israel sign business deals worth nearly $83M - By: VIRGIL LOPEZ, GMA News – September 05, 2018 Philippine firms signed $82.9 million in investment deals with Israeli companies on the penultimate day of President Rodrigo Duterte’s four-day trip to Israel. More than 20 investment commitments presented during the business forum attended by Duterte covered fields such as shipping, information technology, arms manufacturing, tourism... Continue reading →
Philippines Regulators Prepare to Publish Crypto Trading Rules - By: Anna Baydakova – September 05, 2018 | Coindesk é The Philippines Securities and Exchange Commission (SEC) is planning to release new trading rules for cryptocurrency exchanges in the coming days, according to local media. The Manila Times reports that SEC Commissioner Ephyro Luis Amatong told journalists that the rules are set to be published “by the end of... Continue reading →
Philippine SEC Will Soon Release ICO And Cryptocurrency Exchange Rules - By: Daniel Putney – September 05, 2018 | ETHNews é The island country is making further headway on cryptocurrency regulation. The Philippines’ Securities and Exchange Commission (SEC) recently indicated that cryptocurrency exchanges may be regulated as trading platforms, according to a September 3 report from The Manila Times. SEC Commissioner Ephyro Luis Amatong told the publication that the commission expects draft rules... Continue reading →