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Dine-in restos, personal services reopen today

Published May 1, 2021, 5:00 AM Indoor dine-in restaurants and personal services are allowed to reopen  at limited capacities in areas under modified enhanced community quarantine (MECQ) starting today, May 1. Memorandum Circular No. 21-15 series of 2021 on Additional Business Establishments, Persons or Activities Allowed to Operate in areas placed under MECQ provides that indoor dine-in services of food preparation establishments, such as commissaries, restaurants, and eateries, can now operate at an initial venue or seating capacity of 10 percent.  MB Photo, FILE ( Jansen Romero) The MC issued Friday night by Trade and Industry Secretary Ramon M. Lopez  also allows beauty salons, beauty parlors, barbershops, and nail spas, at an initial venue or seating capacity of 30 percent, provided that they shall only provide services that can accommodate the wearing of face masks at all times by the patrons/clients and service providers.

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MHSD partners with TFBM in resolving land disputes in Marawi

MARAWI CITY, Mar. 12 (PIA) The Land Dispute Resolution Committee (LDRC) has approved its Implementing Guidelines and Rules of Procedure (IGRP) along with its financial work plan for the year 2021. LDRC Chairman Hamid Aminoddin D. Barra, who is also the minister of BARMM’s Ministry of Human Settlements and Development (MHSD), signed the IGRP and work plan Thursday, March 11, during the committee’s session held at the Task Force Bangon Marawi (TFBM) Field Office in Lanao del Sur. LDRC is an arbitration body that caters to land-related disputes and issues between private owners which are delaying the immediate rehabilitation and recovery of Marawi City, especially the Most Affected Area (MAA).

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DOE holds 2nd Virtual Public Consultation on Draft Implementing Guidelines of the PH Energy Labeling Program

TAGUIG CITY, Mar. 7 The Department of Energy (DOE) has already drafted the Implementing Guidelines (IG) of the Philippine Energy Labeling Program (PELP) as part of the implementation of Republic Act 11285 or the Energy Efficiency and Conservation Act, including its Implementing Rules and Regulations (IRR). The guidelines were initially presented during the virtual public consultation last 2 October 2020 for inputs and comments from various stakeholders. With the recommendations received from the industry, as well as from World Trade Organization (WTO) member countries, said IG was further refined and presented during the recently concluded 2nd Virtual Public Consultation on 26 February 2021. Energy Secretary Alfonso G. Cusi thanked those who participated in last week’s public consultation, saying their inputs will greatly help the promotion of energy efficiency and conservation as a “national way of life” among Filipinos.

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DoubleDragon REIT IPO priced at P2.25/ share

Published March 5, 2021, 6:00 PM DoubleDragon Properties Corporation has set the initial public offering price of DDMP REIT, Inc. (DDMPR), the second Real Estate Investment Trust (REIT) to debut on the bourse, at P2.25 per share.  The final IPO price of P2.25 is the maximum of its indicative offering price and translates to a maximum offer size of P14.7 billion. The firm is offering 5.94 billion common shares with an over-allotment option of up to 594.25 million shares. The offer period will run from March 10 to 16, 2021 and is tentatively scheduled to be listed on the main board of the PSE on March 23, 2021. Photo credit: http://www.ddmeridianpark.com/

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PSE approves listing of DoubleDragon's REIT IPO

PSE approves listing of DoubleDragon's REIT IPO
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