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Mandaue City Explores Potential of Blue Economy for Tourism and Economic Growth

Explore the potential of Mandaue's 'blue economy' and its impact on livelihood and tourism | Mandaue City Government conducts Mangrove Tourism Tour to develop marine and coastal assets | Learn how the city plans to formulate a blue economy development plan and road map for its coastal areas | Discover the sustainable use of ocean resources for economic growth and improved livelihoods | Find out how Mandaue aims to attract local and foreign investors for this initiative | House Committee on Economic Affairs discusses the proposal for a Blue Economy Act to sustainably develop and protect marine resources | Learn how this approach benefits micro, small, and medium enterprises in the fisheries, aquaculture, tourism, and maritime sectors. ....

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MCWD Defies Order to Halt Desalination Projects: Pushing Through Despite Controversy

MCWD defies order to halt desalination projects amid water shortage | Metropolitan Cebu Water District (MCWD) will proceed with three water desalination projects in response to the lack of water in certain areas. The move challenges the authority of retired army general Melquiades Feliciano, who ordered the projects to be stopped. Find out more about the controversy and potential impact on consumers. ....

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President Ferdinand Marcos Jr. suspends Maharlika's IRR

President Ferdinand Marcos Jr. has ordered the suspension of the implementing rules and regulation (IRR) of the Maharlika Investment Fund (MIF), his office announced Wednesday, Oct. 18, 2023.Executive Secretary Lucas Bersamin issued a memorandum addressed to Bureau of Treasury officer-in-charge Sharon Almanza, Land Bank of the Philippine (LBP) president and chief executive officer (CEO) Lynette Ortiz, and Development Bank of the Philippines (DBP) president and CEO Michael de Jesus for the suspension of the implementation of the IRR of Republic Act 11954, or the Maharlika Investment Fund Act of 2023 “pending further study.”The memorandum also ordered the respective agencies to notify all concerned heads of departments, bureaus, offices and other agencies of the executive department, including government-owned and -controlled corporations of such action. ....

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