Gov. Rodito Albano declared a state of calamity yesterday after an assessment conducted by the Department of Agriculture showed Isabela incurred P2 billion in crop damage from the six successive typhoons that entered the country from October to early this month.
Albano said the declaration would be formalized today through the passage of a resolution by the provincial board.
He said up to P20 million would be allocated to assist typhoon-affected farmers, who received financial assistance when President Marcos visited the province on Friday.
Albano said he would meet with local officials to discuss the distribution of financial and relief assistance to residents displaced by floods.
He said the Department of Public Works and Highways has yet to assess the damage to infrastructure.
Psychosocial assistance
Meanwhile, the Department of Social Welfare and Development (DSWD) will send psychosocial responders to help typhoon victims in Cagayan Valley and Bicol rebuild their lives.
Esta historia es de la edición November 25, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 25, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Globe inks P3-B loan with BPI
Globe Telecom Inc. has secured P3 billion in fresh financing to support its growth and pay obligations.
Palay production cost falls below P14/kilo
The average palay production cost last year dropped by almost 11 percent on an annual basis to below P14 per kilo, according to the Philippine Statistics Authority (PSA).
The lesser evil?
Supporters of VP Sara are castigating the Yellows and the Pinks on social media for just watching this fight between the former UniTeam partners.
Manulife unit offers new UITF product
A wholly owned subsidiary of Manulife Philippines has launched a unit investment trust fund (UITF) that aims to offer high-quality, low-volatility income opportunities by tapping into the best sources of income across the global fixed-income universe.
NEDA to submit proposal on lower rice tariff
The National Economic and Development Authority (NEDA) is eyeing to submit its recommendation on the reduced rice tariff today as it continues to undertake efforts to ensure access to the staple despite external factors that can influence its prices.
2 rural banks merge, 1 ordered closed
The Philippine rural banking sector saw numerous regulatory actions in recent months, as two rural banks have consolidated their operations while one lender was ordered to close shop.
BEVi Asia Pacific Wins Big at Asian Export Awards 2024
BEVi Asia Pacific, Inc. has been recognized as a trailblazer in the personal care industry, securing the Philippines Market Development of the Year award in the Personal Care Category at the Asian Export Awards 2024.
Toyota rolls out next-gen Tamaraw
The country's leading automotive player is banking on the next generation Tamaraw to be among its top-selling vehicles as it aims to sell at least 1,500 units of the comeback model per month.
ACEN infuses fresh P12 M capital to Paddak Energy
Ayala-led ACEN Corp. is injecting a multimillion-peso investment into its subsidiary Paddak Energy Corp. to bolster the latter's operations in the Philippines.
Stocks extend losing streak amid lack of catalysts
Local stocks plunged anew on lack of major catalysts to buck macroeconomic concerns locally and abroad.
