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economy

general economy

City eyes pay parking area at BIBAK lot

The city government is eyeing the development of the BIBAK lot along Harrison road into a temporary pay parking area to address the needs of tourists and residents.

Chico Pump Irrigation feasibility and sustainability questioned

Cordillera People’s Alliance said in a statement issued on Thursday, March 7 that the planners of the Chico River Pump Irrigation Project “did not take into account the overall development plan of the Chico River and the province of Kalinga, such as the building of many hydropower, geothermal and mining projects.”

Communities protest Ifugao hydro project

Residents from Ifugao villages asked the regional office of the Department of Environment and Natural Resources (DENR) and National Commission of Indigenous People (NCIP) to stop the implementation of the proposed Alimit hydro-electric power complex of SN Aboitiz in the province.

“Disastrous” loan agreement with China hit

Former Bayan Muna Representative and Makabayan senatorial candidate Neri Colmenares said the loan agreement between the government and the People’s Republic of China for the Chico River Pump Irrigation Project in the Cordillera is not only “onerous” but also “disastrous” for the country.

Rice Tariffication Law troubles farmers, retailers

Solidarity of Peasants Against Exploitation (Stop Exploitation) said the Rice Tariffication Law, like other policies that deregulated trade and industry, will lead to higher prices and ruin local production.

Isnag tribe rejects hydropower project in Apayao

Isnag tribal elders rejected the proposed construction of a hydro power plant with in their ancestral domain and signed a resolution of no consent during the consensus building meeting facilitated by the National Commission on Indigenous People (NCIP) in Poblacion village, Kabugao town Apayao province on February 4.