UN: Only 20% of funding given to ‘Yolanda’ victims

Posted in Newspaper

YolandaMANILA, Philippines – The United Nations (UN) Friday has called for increased support for the victims of typhoon Yolanda (international name Haiyan) citing that only 20 percent of funding has been provided so far to help people rebuild their homes. “I am particularly concerned that just 20 percent of funding has been secured to provide tools and materials so that people can rebuild their homes,” Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Valerie Amos said in a statement posted on the UN website.

Solons blame PNoy for rising power cost

Posted in Newspaper

Energy DepartmentADMINISTRATION ally Senator Antonio Trillanes IV and opposition lawmakers on Sunday blamed President Benigno Aquino III, the Energy Department and the Energy Regulatory Commission for the growing power mess that threatens to punish consumers with the highest electricity rates in history. Reading high. A Meralco man reads the meters on an electric post in Tondo, Manila, from the raised shovel of a company truck. Lino Santos Trillanes challenged the President to apply political pressure on Meralco and others responsible for the problems besetting the power industry.

German car maker building PH plant

Posted in Newspaper

German-TrademarkA German company will build a multi-billion-peso motor vehicle parts facility in one of the special economic zones to support the projected rise in automobile production. German-Philippine Chamber of Commerce and Industry business development manager Brenda Baylon did not identify the company, but said the manufacturing facility would employ 2,000 people, once it was fully operational. “I would say this is the first German firm to engage in motor vehicle parts manufacturing.