“Although we already have it, we still have to (update flood hazard maps),” Marcos said. “It’s an old plan and it was relevant for maybe five, six, maybe even more, maybe 10 years ago. The weather has changed. So, we have to revise it to make sure that it is addressing the challenges that the new weather is bringing.”
“We will just keep responding. But at the same time, we are not only sending relief goods, we are very, very busy planning the large-scale, long-term plan,” the Chief Executive added.
Marcos said it has become very difficult for the weather bureau to forecast the “very changeable” weather.
“It’s that big a change... That is what we have to deal with... And I think we’ll be able to manage it but we have to come up with new strategies, new long-term solutions that might take a little time before they take effect but we will rush it as quickly as possible,” he added.
During a situation briefing on the impact of Enteng in Antipolo City last Friday, Marcos asked officials about the cause of the flooding, even if it was not as heavy as during previous typhoons.
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ALI ind'l unit heating up cold storage business
The industrial real estate unit of property giant Ayala Land Inc is heating up its cold storage business as it looks to become a major player in the segment over the next five years.
Financial resources grow 10% as of July
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Gov't urged to assist online sellers in BIR registration
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FLI diversifies into condotels
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Maya, Grab team up for instant credit
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SMIC sees better H2 performance
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SM Hotels taps TUV Rheinland for food safety, hygiene policies
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Expanded regulatory power of GCG pushed
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Compliance woes stall Pag-IBIG home loan releases
The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is facing challenges in the release of its housing loans, with only a little over 50 percent of the target reached as of August.
Phl bond market slows in Q2
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