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HazardHunterPh
The HazardHunterPH Mobile v2.0 for Android OS, which was launched by the Philippine Institute of Volcanology and Seismology (Phivolcs) on Wednesday, Feb. 10, has several core features and improvements from its previous release.
Phivolcs said the mobile app allows users to find out if a location is prone to seismic, volcanic, or hydro-meteorological hazards; generate hazard assessment reports with explanations and recommendations; see which areas in the Philippines are prone to different hazards; display exposure of schools, hospitals, and roads to various hazards, and view up-to-date hazard information from mandated government agencies.
The newly-improved mobile application now has new layers available for map display, enhanced user interface, faster assessment, more resource links, legend, enhanced location search that is powered by Google, and enhanced accessibility to map layers and overall app performance.
CALOOCAN CITY, Feb. 9 (PIA) State-run Land Bank of the Philippines (LandBank) was recognized twice in the 5th Investment House Association of the Philippines (IHAP) Awards.
The Bank received the Best Fixed Income Deal (Small-Mid Cap) Award for the BALAI (Building Adequate Livable Affordable and Inclusive Filipino Communities) Bonds 1 issuance, and the Best Project Finance Deal Award (Large Cap) for its role in Atlantic Aurum Investments Philippines Corporation’s (AAIPC) Syndicated Corporate Notes Facility.
LandBank, through its Investment Banking Group (IBG), acted as the Sole Arranger and Underwriter for the National Home Mortgage Finance Corporation’s (NHMFC) P270.25 million BALAI Bonds 1 issued last December 2019.
(DAR / MANILA BULLETIN)
The project led by the Department of Agrarian Reform (DAR) and Department of Human Settlements and Urban Development (DHSUD) was launched in Barangary Carayungan Sur in the municipality of Umingan on Dec. 15.
DAR Secretary John Castriciones pointed out the right of every Filipino to have their own home.
He said providing decent houses to farmers will uplift their living conditions and economic status.
DAR’s conceptualization of the housing program is a sign of gratitude to the farmers who have proven their worth as food providers of the nation, Castriciones said.
“We must strengthen and raise the standard of living of our farmers. The housing project is a way to maintain the vitality of farming. Kaya nararapat lang na iparamdam natin sa ating mga magsasaka na sila ay mahalaga sa ating bansa at dapat sila ay tulungan, bigyan ng kaukulang suporta, upang mapabuti ang kanilang pamumuhay. (So we should just make our farmers feel that they are important to
Published December 13, 2020, 5:00 AM
The Securities and Exchange Commission (SEC) announced that it has approved the securitization of P319.32 million worth of National Home Mortgage Finance Corporation’s (NHMFC) residential loan portfolio.
In a statement, the SEC said the Commission En Banc approved the secondary mortgage institution’s securitization plan, subject to the fulfillment of certain conditions.
Under the securitization plan, NHMFC will sell a select pool of 1,291 long-term secured residential loans to a special purpose trust known as BALAI Bonds 2 Special Purpose Trust (BALAI Bonds 2 SPT).
Following the sale, BALAI Bonds 2 SPT will issue P319.32 million in asset-backed securities, consisting of P150 million in class A senior notes and P169.32 million in class B subordinated notes.