Home Blog Page 1829

Heathrow Airport orders probe into shutdown

People walk at Terminal 2 of the Heathrow International Airport, a day after a fire at a nearby electrical substation wiped out the power at the airport, near London, Britain, March 22, 2025. — REUTERS

LONDON — London’s Heathrow Airport resumed full operations on Saturday and ordered a probe into how it dealt with a power outage that shut Europe’s busiest air hub for almost a day as airlines warned of further delays and cancellations.

British Airways, whose main hub is Heathrow, said it had operated around 90% of its schedule on Saturday and promised a “near-full” schedule for Sunday after chief executive Sean Doyle on Friday warned the “huge impact” would last days.

The airport, the world’s fifth-busiest, had been due to handle 1,351 flights on Friday, flying up to 291,000 passengers. But the fire at a nearby electrical substation forced planes to be diverted to other airports and many long-haul flights returned to their point of departure.

Britain’s Energy ministry said on Saturday it had commissioned the National Energy System Operator to carry out an urgent investigation into the outage that raised questions about the resilience of the country’s critical infrastructure.

Heathrow said it had tasked an independent board member, former transport minister Ruth Kelly, with undertaking a review of the airport’s crisis-management plan and its response to the incident with the aim of boosting resilience.

Aviation experts said the last time European airports experienced disruption on such a large scale was the 2010 Icelandic volcanic ash cloud that grounded some 100,000 flights.

“It has been absolutely insane,” said Amber Roden, a US citizen getting married in three days’ time, after a number of her relatives had their flights canceled.

Two relatives who were halfway to London from Atlanta had to turn around and go back, she said. Two others will not make it to the UK until the day of the wedding, which she has been planning for two years.

The vast majority of scheduled morning and early afternoon flights departed successfully on Saturday, with a handful of delays and cancellations, Heathrow’s departures website showed.

“We don’t expect any major amount of flights to be canceled or delayed,” Heathrow chief executive Thomas Woldbye told BBC radio.

The airport has hundreds of additional staff on hand to facilitate an extra 10,000 passengers traveling through the airport, a spokesperson said in a statement.

But airlines were still left dealing with disrupted schedules and the tens of thousands of passengers whose journeys had been interrupted.

Virgin Atlantic said on Saturday that it was planning to run a near-full schedule with limited cancellations. Air India said it had restarted flights to and from Heathrow and expected to operate “as per schedule.”

FIRE NOT SUSPICIOUS
Several passengers traveling to Heathrow from London’s Paddington Station were still nervous.

“I’m just hoping that when I get there, I can actually go,” said university professor Melissa Graboyes, who said she was repeatedly checking the status of her flight to Toronto.

Police said that after an initial assessment they were not treating the incident as suspicious, although inquiries remained ongoing. London Fire Brigade said its investigations would focus on the electrical distribution equipment.

The travel industry, facing the prospect of a financial hit costing tens of millions of pounds and a likely fight over who should pay, questioned how such crucial infrastructure could fail without backup.

“It is a clear planning failure by the airport,” said Willie Walsh, head of global airlines body IATA, who, as former head of British Airways, has for years been a fierce critic of the crowded hub.

Heathrow and London’s other major airports have been hit by other outages in recent years, most recently by an automated gate failure and an air traffic system meltdown, both in 2023.

“Britain humiliated by airport fiasco,” read a headline in the Sun newspaper. “Farcical,” wrote the Daily Mail.Reuters

Pope Francis to be discharged from hospital, with prescription for two months of rest

POPE FRANCIS concelebrates Holy Mass in the chapel of the apartment on the tenth floor of the Gemelli hospital, where he continues his treatment in Rome, Italy, March 16, 2025. — HOLY SEE PRESS OFFICE/VIA REUTERS

VATICAN CITY — Pope Francis, who has been battling pneumonia for more than five weeks, will be discharged from hospital on Sunday but will need a further two months of rest at the Vatican, the head of his medical team said on Saturday.

Pope Francis, 88, was admitted to Rome’s Gemelli Hospital on Feb. 14 with a severe respiratory infection that became the most serious health crisis of his 12-year papacy.

While Francis will return to the Vatican on Sunday, his doctors said it would take “a lot of time” for his aging body to fully heal.

They said they had prescribed the pope two months of repose, and had advised him against taking any meetings with large groups, or that require special effort.

“The recommendation for a period of convalescence of at least two months is very important,” Sergio Alfieri, head of the pope’s medical team, told the press conference.

Francis, who was fighting double pneumonia, suffered four acute attacks of what the Vatican called “respiratory crises” during his time in hospital.

Mr. Alfieri said that two of the crises had been critical, with the pope “in danger of his life.”

The pontiff no longer has pneumonia, but is also not completely healed from a “complex” infection involving several microorganisms, said the doctor.

Mr. Alfieri emphasized that while Francis had used non-invasive ventilation through a mask over his mouth and nose to help breathe, the pope had never been intubated during his stay in hospital.

One senior cardinal had said on Friday that the pope would need to “relearn to speak” after battling a respiratory infection for so long.

“It will take time before his voice returns to what it was before,” said Mr. Alfieri.

The doctor said the pope, who had gained some weight in recent years after using a wheelchair for knee and back pain, has now lost some weight.

“We haven’t weighed him, but he has lost weight, surely,” said Mr. Alfieri. “But, let’s say, he had some ‘in reserve,’ so it doesn’t worry us,” he added.

POPE TO MAKE PUBLIC APPEARANCE
Dr. Luigi Carbone, vice director of the Vatican’s healthcare service, said the pope would have a nurse caring for him when he returns to his Vatican residence.

The Vatican said earlier on Saturday that Francis would make his first public appearance in more than five weeks on Sunday, to offer a blessing from the window of his hospital room before being discharged.

The pope has been seen by the public only once during his hospital stay, in a photo the Vatican released last week, showing the pontiff at prayer in a hospital chapel.

Francis wants to come to the hospital window around noon on Sunday to give a greeting and blessing, the Vatican said in its brief statement earlier on Saturday.

A period of two months rest for Francis could lead to significant changes to the Vatican’s calendar of upcoming events.

The pope had been set to meet with Britain’s King Charles on April 8, and to lead the Vatican’s annual celebrations for Easter on April 20.

A spokesperson said on Saturday that the Vatican would decide about those appointments at a later date. — Reuters

Trump asks if Lee Harvey Oswald was helped in assassinating JFK

A STATUE of President John F. Kennedy stands outside the State House in Boston, Massachusetts, US, March 18, 2025. — REUTERS

WASHINGTON — US President Donald J Trump said on Saturday he believes the 1963 assassination of President John F. Kennedy (JFK) was carried out by Lee Harvey Oswald but asked if the gunman had help.

When asked if he believes Mr. Oswald killed JFK, Mr. Trump responded, “I do. And I’ve always held that, of course he was, was he helped?” Mr. Trump told Clay Travis, the founder of sports website Outkick, during an interview on Air Force One.

The Justice department and other federal government bodies have reaffirmed in the intervening decades the conclusion that Mr. Oswald was the lone assassin. But polls show many Americans still believe Mr. Kennedy’s death in Dallas was the result of a conspiracy.

On Mr. Trump’s orders, the government released thousands of pages of digital documents related to the Kennedy assassination this week.

Mr. Trump promised on the campaign trail last year to provide more transparency about Mr. Kennedy’s death. Upon taking office, he also ordered aides to present a plan for the release of records relating to the 1968 assassinations of Kennedy’s brother, Robert F. Kennedy, and civil rights leader Martin Luther King, Jr. — Reuters

Thousands of agents diverted to Trump immigration crackdown

RAWPIXEL

WASHINGTON — Federal agents who usually hunt down child abusers are now cracking down on immigrants who live in the US illegally.

Homeland Security investigators who specialize in money laundering are raiding restaurants and other small businesses looking for immigrants who aren’t authorized to work.

Agents who pursue drug traffickers and tax fraud are being reassigned to enforce immigration law.

As US President Donald J. Trump pledges to deport “millions and millions” of “criminal aliens,” thousands of federal law enforcement officials from multiple agencies are being enlisted to take on new work as immigration enforcers, pulling crime-fighting resources away on other areas — from drug trafficking and terrorism to sexual abuse and fraud.

This account of Mr. Trump’s push to reorganize federal law enforcement — the most significant since the Sept. 11, 2001, terrorist attacks — is based on interviews with more than 20 current and former federal agents, attorneys and other federal officials. Most had first-hand knowledge of the changes. Nearly all spoke on the condition of anonymity because they were not authorized to discuss their work.

“I do not recall ever seeing this wide a spectrum of federal government resources all being turned toward immigration enforcement,” said Theresa Cardinal Brown, a former Homeland Security official who has served in both Republican and Democratic administrations. “When you’re telling agencies to stop what you’ve been doing and do this now, whatever else they were doing takes a back seat.”

In response to questions from Reuters, Homeland Security Assistant Secretary Tricia McLaughlin said the US government is “mobilizing federal and state law enforcement to find, arrest, and deport illegal aliens.” The Federal Bureau of Investigation (FBI) declined to respond to questions about its staffing. In a statement, the FBI said it is “protecting the US from many threats.” The White House did not respond to requests for comment.

The Trump administration has offered no comprehensive accounting of the revamp. But it echoes the aftermath of the 2001 attacks, when Congress created the Department of Homeland Security (DHS) that pulled together 169,000 federal employees from other agencies and refocused the FBI on battling terrorism.

Mr. Trump’s hardline approach to deporting immigrants has intensified America’s already-stark partisan divide. The US Senate’s No. 2 Democrat, Dick Durbin, described the crackdown as a “wasteful, misguided diversion of resources.” In a statement to Reuters, he said it was “making America less safe” by drawing agents and officials away from fighting corporate fraud, terrorism, child sexual exploitation and other crimes.

US Deputy Attorney General Todd Blanche, in an interview with Reuters, denied the changes across federal law enforcement were hindering other important criminal investigations. “I completely reject the idea that because we’re prioritizing immigration that we are not simultaneously full-force going after violent crime.”

He said the crackdown was warranted. “President Trump views what has happened over the last couple years truly as an invasion, so that’s how we’re trying to remedy that.”

On Jan. 20, his first day back in office, Mr. Trump signed an executive order directing federal agencies to team up to fight “an invasion” of illegal immigrants. He cast the nation’s estimated 11 million immigrants in the US illegally as the driving factor behind crime, gang violence and drug trafficking — assertions not supported by government statistics — and accused immigrants of draining US government resources and depriving citizens of jobs.

Almost immediately, federal law enforcement started posting photos of the crackdown to social media: agents wore body armor and jackets emblazoned with names of multiple agencies — including the FBI, Drug Enforcement Administration (DEA), and the Bureau of Alcohol, Tobacco, Firearms and Explosives, known as ATF — during raids on immigrants without proper legal status.

Before this year, ATF had played almost no role in immigration enforcement. It typically investigated firearms offenses, bombings, arson and illicit shipments of alcohol and tobacco.

But since Mr. Trump’s inauguration, about 80% of its roughly 2,500 agents have been ordered to take on at least some immigration enforcement tasks, two officials familiar with ATF’s operations said. The ATF agents are being used largely as “fugitive hunters” to find migrants living in the US illegally, one of the officials said.

The DEA, whose roughly 10,000 staff have led the nation’s efforts to battle drug cartels, has shifted about a quarter of its work to immigration operations, said a former official briefed by current DEA leaders on the changes. Two other former officials described the commitment as “substantial” but did not know precisely how much work shifted.

Many of the reassigned federal officials have had little training or experience in immigration law, the sources said. The State Department’s 2,500 Security Service agents, for instance, typically protect diplomats and root out visa and passport fraud. They’ve been authorized to assist with “investigating, determining the location of, and apprehending, any alien” in the US unlawfully, according to a February 18 memo from DHS Secretary Kristi Noem to the US Secretary of State.

The ATF and the State department acknowledged in a statement they are helping with immigration enforcement, but declined to elaborate on specific staffing decisions.

The changes coincide with extraordinary immigration measures that have prompted dozens of lawsuits claiming that Mr. Trump’s presidency is exceeding constitutional limits and other legal boundaries. These include deporting alleged members of a Venezuelan gang under an 18th century wartime powers act and detaining a Columbia University student activist with legal permanent residency status over his role in pro-Palestinian protests.

The White House has said it is acting within the limits of the Constitution and that it was protecting the safety and jobs of US citizens.

The results, so far, are mixed: the number of migrants seeking to cross the southern US border in February was the lowest in decades and the number of people detained over immigration violations has surged. That hasn’t yet led to an increase in deportations, but experts expect a jump in those numbers in coming months.

‘STOP AND FRISK’
The focus on immigration is drawing significant resources away from other crime-fighting departments, according to the more than 20 sources who spoke to Reuters.

Until January, pursuing immigrants living in the country illegally was largely the job of just two agencies: Immigration and Customs Enforcement, or ICE, and Customs and Border Protection, with a combined staff of 80,000. Other departments spent little time on deportations.

That’s changing.

At Homeland Security Investigations (HSI), the top investigative arm of the DHS, scores of agents who specialize in child sexual exploitation have been reassigned to immigration enforcement, said Matthew Allen, a former senior HSI official who now leads the Association of Customs and HSI Special Agents, whose members include about 1,000 current and former agents.

Over the past two years, those HSI agents have helped more than 3,000 child victims, often after complex probes, DHS data shows. “There’s a good argument that these changes will lead to some child victims continuing to be exploited,” said Mr. Allen.

While HSI falls under the control of Immigration and Customs Enforcement (ICE), its team of 7,100 special agents typically play little part in routine immigration enforcement. They usually probe national security threats, terrorism, drug smuggling, human trafficking, illegal arms exports, financial crimes, child sex crimes and intellectual property theft. Immigration enforcement has been left to another ICE branch known as Enforcement and Removal Operations.

But on Jan. 31, HSI staff received an internal e-mail from a top official with a new mission of “protecting the American people against invasion.”

Going forward, the memo said, HSI special agents and other employees should be prepared to play an increasingly critical role in detaining and deporting immigrants, or barring their entry at US borders.

Recently, HSI has been offering training to employees unfamiliar with immigration enforcement. This includes how to lure immigrants out of their homes for interrogation in so-called “knock and talk” visits, conduct stop and frisk operations, or carry out warrantless arrests, according to previously unreported internal documents shared with Reuters.

HSI’s new work also includes checking if companies have hired unauthorized immigrants, surveillance outside of immigrant workers’ homes, taking down license plates and distributing photos of “target” immigrants to detain, according to an employee and photos of the operations shared with Reuters.

At the Internal Revenue Service (IRS), criminal investigation agents, who typically probe a variety of tax and financial crimes, were being redirected into the immigration operations, Reuters previously reported.

IRS special agents are usually “out there following complex money trails; they break up drug deals, and they make people pay the taxes they owe,” said Elaine Maag, a senior fellow at the Urban-Brookings Tax Policy Center, a Washington think tank that studies tax issues. “There are direct and indirect costs to pulling IRS criminal investigators out of the field.”

The IRS did not respond to a request for comment.

PROSECUTION WORK PILING UP
On the second day of Mr. Trump’s administration, a top Justice department official, Emil Bove, told federal prosecutors in a memo that they should “take all steps necessary” to prosecute illegal immigrants for crimes in the US

In the memo, Mr. Bove called for increasing the number of immigration prosecutions, and said any cases that are declined must be urgently reported to the Justice department.

As a result, federal prosecutors, who typically handle a variety of crimes, have been inundated with immigration cases, two of the sources said.

In San Diego, the number of people charged in Federal court in February with felony immigration crimes more than quadrupled compared to the previous year, a Reuters examination of federal court records found. The number of people charged with felony drug crimes dropped slightly over the same period.

In Detroit — where immigration prosecutions have been rare — the number of people charged with immigration offenses rose from two in February 2024 to 19 last month, Reuters found.

Case management records from the Justice Department show that fewer than 1% of cases brought to prosecutors by the DEA and ATF over the past decade involved allegations that someone had violated an immigration law.

Since January, however, DEA agents have been ordered to reopen cases, involving arrests up to five years old, where prosecutors had declined to bring charges, two people involved in the work said.

Sometimes prosecutors rejected those cases because of problems with the evidence, they said. Now, if immigration authorities determine that the people were in the country illegally at the time of that case, agents are being dispatched to arrest them, the people said.

As Mr. Trump and billionaire Elon Musk slash the size of the federal bureaucracy, jobs that deal with immigration enforcement appear largely exempt.

In a Jan. 31 e-mail to ICE employees, a human resources official told them they wouldn’t be eligible for the retirement buyouts offered to some 2.3 million federal workers. “All ICE positions are excluded,” said the previously unreported e-mail, shared with Reuters. — Reuters

Filigree: Where luxury living meets smart investing

Success isn’t just about making the right moves — it’s about making decisions that build a secure, thriving future. Whether securing your family’s future, growing a business, or leading a corporation, every choice shapes lasting impact. Smart investing isn’t just about acquiring assets; it’s about creating value, unlocking opportunities, and ensuring sustainable growth.

Alabang’s Rising Property Values

A strategic mindset turns into tangible results through well-placed investments that align with financial goals and long-term aspirations. Such opportunities can be found in real estate investments, especially in Filinvest City, Alabang, where properties posted the highest growth compared to other locations recently. According to brokerage firm Leechiu Property Consultants, the average capital value for residentials properties in Alabang grew by 37% from the first quarter of 2020 to the third quarter of 2024. 

Within this field of opportunities, Filigree, the brand portfolio behind the residential masterpieces in Metro Manila and Metro Clark, offers homes that uniquely combine exceptional living experience and a high-value asset that continues to appreciate. Filigree’s developments are strategically placed in fast-rising economic and investment hubs guaranteed to garner strong market demand, ensuring long-term value appreciation. These areas are known for their dynamic growth, excellent infrastructure, and high desirability, making Filigree properties not just luxurious residences but also sound investments.

Beyond location, Filigree homes are distinguished by their expansive floor areas, sophisticated architecture, and world-class amenities. These developments feature a range of unit sizes, from one-bedroom juniors measuring 60 square meters to spacious penthouse suites ranging from 195-252 square meters. Amenities such as tree courtyards, yoga decks, and swimming pools further elevate the living experience and give residents lasting value that grows alongside their investment.

Expert Craftsmanship with Enduring Value

Actual photo of Botanika Nature Residences Tower 1 move-in ready 2-bedroom designer suite
Project location: Laguna Heights Drive, Filinvest City, Alabang

To ensure that every Filigree home embodies timeless elegance and superior craftsmanship, the brand has partnered with esteemed architects and designers who bring their expertise in creating spaces that seamlessly blend luxury, functionality, and enduring value.

Collaborations with the likes of Leandro V Locsin Partners for the architecture of Botanika Nature Residences and Golf Ridge Private Estate, New york-trained interior designer Tina Periquet for Two Botanika Space Planning, SmithGroup, architectural consultant for 1001 Parkway Residences new model unit, and AECOM Singapore, landscape consultant for all Filigree projects. Through this, Filigree ensures that each property reflects a harmonious blend of aesthetic beauty and functional design.

Artist’s perspective of Two Botanika Nature Residences, a pre-selling low-rise, low density condominium that promises expansive spaces and wider balconies
Project location: Laguna Heights Drive, Filinvest City, Alabang

Over the years, these meticulously designed homes have demonstrated significant value appreciation. Data from  Leechiu Property Consultants shows that four of its residential developments in the area have increased in value by at least 90% compared to its first price. This steady appreciation shows that a Filigree home is a place to live and an investment that keeps getting better over time.

The property value of Botanika Nature Residences, the Best Architecture 5-Star awardee in 2023, has surged by 106%, rising from its launch price of P161,000 per square meter in 2014 to P331,000 square meter today. Filigree’s Bristol at Parkway Place experienced similar gains as the development’s value improved by 105% from P112,000 per square meter since its launch in 2014 to P230,000 per square meter.

A Home That Reflects Your Success

Artist’s perspective of 1001 Parkway Residences, the iconic pre-selling towers amidst parks and nature
Project location: Parkway Ave., Filinvest City, Alabang

But beyond its value as an investment, a Filigree home is designed to fit who its residents are now and stand as a testament to how they got there. With living spaces unlike any other that offers its homeowners more space, more privacy, and more exclusivity, each development offers a sanctuary where comfort meets elegance.

“More than luxury living, we took into consideration the surrounding community to ensure that each resident’s lifestyle will seamlessly blend from indoors to outdoors. Residents who want to simply unwind and dine can enjoy exclusive access to The Palms Country Club from Botanika, leisurely stroll in the many parks surrounding 1001 Parkway, or even play a round of golf at the neighboring golf course for Golf Ridge residents,” Filigree Business Head Daphne Sanchez said in a statement.

Artist’s perspective of Golf Ridge Private Estate balcony view overlooking world-class Mimosa Golf Course
Project location: Filinvest Mimosa+ Clark, Pampanga

Just like top executives making smart business moves for long-term success, investing in a Filigree home is about securing a place that elevates its residents’ lifestyle and also grows in value over time. For those who understand the importance of maximizing their assets, Filigree presents a unique opportunity to experience luxury while securing a promising financial future. Choosing a Filigree home means investing in more than just property — it means investing in a legacy of excellence, growth, and unparalleled living.

To learn more about Filigree, visit https://filigree.com.ph/ or its official Facebook page at https://www.facebook.com/FiligreePh.

 


Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com.

Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get exclusive content through www.bworld-x.com.

Creating smarter cities in the Philippines

Palafox Associates and the Asian Institute of Management (AIM) signed on March 20 a memorandum of agreement for the postgraduate certificate in Smart Cities Development and Management.

In this video, Felino A. Palafox, Jr., managing partner and founder of Palafox Associates, talks about how smarter cities can contribute to a country’s progress.

Interview by Patricia Mirasol
Video editing by Jayson Mariñas

Building permit approvals continued to fall in January

PHILSTAR FILE PHOTO
APPROVED building permits continued to decline by record double digits in January, the Philippine Statistics Authority (PSA) reported.
The PSA, citing preliminary data, said building projects covered by the permits numbered 12,526 in January, contracting by 14.6% from 14,665 a year earlier.
This was the second straight month that construction starts fell. January’s decline was steeper than the revised 5% year-on year drop logged in December last year.
It was the largest decline to date since the PSA began tracking the indicator on a monthly basis in January 2024. Previously, approved building permits data were released on a quarterly basis.
Building projects in January covered a floor area of 3.72 million square meters (sq.m), up 29.5% from a year earlier.
Construction projects represented by the permits were valued at P48.58 billion in January, 26.1% higher from P38.52 billion a year earlier.
Reinielle Matt M. Erece, economist at Oikonomia Advisory and Research, Inc. said that the decline in construction activity can be an indicator of a “waiting” behavior from developers as they expect rate cuts this year, which can help them save costs in financing these projects.
“I expect this behavior to change this year as rate cuts are seen underway and the price of construction materials has stabilized,” he said in an e-mail.
Last year, the Bangko Sentral ng Pilipinas (BSP) slashed benchmark rates by a total of 75 basis points (bps) since its easing cycle in August, bringing policy rate at 5.75%.
However, in February during its first policy meeting this year, the BSP kept its policy settings, surprising market expectations and at the same time signaled fewer rate cuts this year.
BSP Governor Eli M. Remolona told Bloomberg in a televised interview last March 19 that the central bank could still cut rates next month up to 75 bps if economic output weakens.
Headline inflation rose 2.9% in January, steady as December.
In February, inflation slowed to 2.1%, bringing the average inflation rate in the first two months to 2.5%, within the central bank’s 2-4% target.
Additionally, retail price growth in the National Capital Region (NCR) eased to 1.2% in January, its weakest pace in five months.
Construction materials retail price index (CMRPI) in January was slower than the 1.5% in December and 1.4% recorded in January 2024.
On the other hand, construction materials wholesale price index (CMWPI) also slowed to a record 0.1% that month, lower than the 0.2% in December and 1.5% a year earlier.
The CMRPI is based on 2012 constant prices, while the CMWPI is based on 2018 constant prices.
The PSA noted that residential had the highest number of constructions at 7,671 or 61.2% of the total number of constructions during the month.
However, this segment dropped 14.1% year on year. Residential projects were valued at P20.94 billion higher than the P16.35 billion in January 2024.
Single homes accounted for 89.5% of the residential category with approved permits contracting by 11.3% to 6,863.
Permits for apartment buildings fell by 35% to 708, while permits for duplex or quadruplex homes also went down by 13% to 80.
Nonresidential projects, on the other hand, slipped 4.3% to 3,138 from 3,278 from January 2024.
These projects accounted 25.1% of the total and were valued at P24.16 billion, 40.4% higher from a year ago.
Approved commercial constructions which made up 72.9% of the nonresidential category dipped by 3.1% to 2,288 from 2,362 in January 2024.
Institutional permits were also down by 0.6% to 480 while industrial permits fell 13.1% to 193.
Meanwhile, approved agricultural projects went down by 7.6% to 109 from 118 a year earlier. Other nonresidential projects contracted by 26.9 to 68 year on year.
Alteration and repair permits fell by 17% to 977 and were valued at P2.49 billion.
On the other hand, approved permits for additions, construction that increases the height or area of an existing building, surged 24.8% to 463 from 371 in January 2024.
Calabarzon (Cavite, Laguna, Batangas, Rizal, and Quezon) had the most approved building projects, accounting for 26.2% of the total, with 3,279 construction projects, followed by the Central Luzon (1,314 permits) and Ilocos Region (1,135 permits).
The PSA said construction statistics are compiled from the copies of original application forms of approved building permits as well as from demolition and fencing permits collected monthly by the agency’s field personnel from the offices of local building officials nationwide. — J.P.G. Villanueva

Pentagon to brief Musk on top-secret plan for potential war with China, NYT reports

STOCK PHOTO | Image by David Mark from Pixabay

 – Billionaire Elon Musk, U.S. President Donald Trump‘s close ally, is due to be briefed on Friday by the Pentagon on the U.S. military’s plan for any war that might break out with China, the New York Times reported on Thursday, citing U.S. officials.

Access to the closely guarded military plan would mark an sharp expansion of Musk’s role as a Trump adviser who has spearheaded efforts to cut U.S. government spending.

It would also fuel questions about conflicts of interest for Mr. Musk, who as the head of both Tesla TSLA.O and SpaceX has business interests in China and with the Pentagon.

The White House has previously said Mr. Musk will recuse himself if any conflicts of interest arise between his business dealings and his role in cutting federal government spending.

The briefing for the China war plan has about 20 to 30 slides that lay out how the United States would fight such a conflict, the New York Times reported.

The Pentagon confirmed that Musk will be visiting on Friday but did not share further details.

“The Defense Department is excited to welcome Elon Musk to the Pentagon on Friday. He was invited by Secretary (Pete) Hegseth and is just visiting,” a Pentagon spokesperson said.

But another official Pentagon account on X, known as DoD Rapid Response, said: “The NYT is a propaganda machine that desperately needs to clickbait people into reading their FAKE news articles.”

A U.S. official, speaking on the condition of anonymity, said that the briefing for Musk would be attended by senior U.S. military officials in the Pentagon and would be an overview on a number of different topics, including China.

Washington and Beijing have had tense relations for years over differences ranging from access to technology, trade tariffs and cybersecurity to TikTok, Taiwan, Hong Kong, human rights and the origins of COVID-19. – Reuters

World’s glaciers are losing record ice as global temperatures climb, U.N. says

JENNIFER LATUPERISA-ANDRESEN-UNSPLASH

Glaciers around the globe are disappearing faster than ever, with the last three-year period seeing the largest glacial mass loss on record, according to a UNESCO report released on Friday.

The 9,000 gigatons of ice lost from glaciers since 1975 are roughly equivalent to “an ice block the size of Germany with the thickness of 25 meters,” Michael Zemp, director of the Switzerland-based World Glacier Monitoring Service, said during a press conference announcing the report at the UN headquarters in Geneva.

The dramatic ice loss, from the Arctic to the Alps, from South America to the Tibetan Plateau, is expected to accelerate as climate change, caused by the burning of fossil fuels, pushes global temperatures higher. This would likely exacerbate economic, environmental and social problems across the world as sea levels rise and these key water sources dwindle.

The report coincides with a UNESCO summit in Paris marking the first World Day for Glaciers, urging global action to protect glaciers around the world.

Mr. Zemp said that five of the last six years registered the largest losses, with glaciers losing 450 gigatons of mass in 2024 alone.

The accelerated loss has made mountain glaciers one of the largest contributors to sea level rise, putting millions at risk of devastating floods and damaging water routes that billions of people depend on for hydroelectric energy and agriculture.

Stefan Uhlenbrook, the director of water and cryosphere at the World Meteorological Organization (WMO), said that about 275,000 glaciers remain globally which, along with the Antarctic and Greenland ice sheets, comprise about 70% of the world’s freshwater.

“We need to advance our scientific knowledge, we need to advance through better observing systems, through better forecasts and better early warning systems for the planet and the people,” Mr. Uhlenbrook said.

 

DANGERS AND DEITIES

About 1.1 billion people live in mountain communities, which suffer the most immediate impacts of glacier loss, due to the increasing risks with natural hazards and unreliable water sources. The remote locations and difficult terrains also make cheap fixes difficult to come by.

Rising temperatures are expected to worsen droughts in areas that rely on snowpack for freshwater, while increasing both the severity and frequency of hazards like avalanches, landslides, flash floods and glacial lake outburst floods (GLOFs).

One Peruvian farmer living downstream of a retreating glacier has taken the issue to court, suing German energy giant RWE for a portion of the glacial lake’s flood defenses proportionate to its historic global emissions.

“The changes we see in the field are literally heartbreaking,” glaciologist Heidi Sevestre, secretariat at the Arctic Monitoring and Assessment Program, told Reuters outside the UNESCO headquarters in Paris on Wednesday.

“Things in certain regions are happening actually much faster than we anticipated,” Ms. Sevestre added, noting a recent trip to the Rwenzori Mountains, located in Uganda and the Democratic Republic of the Congo in East Africa, where glaciers are now expected to disappear by 2030.

Ms. Sevestre has worked with the region’s indigenous Bakonzo communities who believe a deity called Kitasamba lives in the glaciers.

“Can you imagine the deep spiritual connection, this strong attachment they have towards the glaciers and what it might mean for them that their glaciers are disappearing?” Ms. Sevestre said.

Glacial melt in East Africa has led to increased local conflicts over water, according to the new UNESCO report, and while the impact on a global scale is minimal, the trickle of melting glaciers around the world is having a compounding impact.

Between 2000 and 2023, melting mountain glaciers have caused 18 millimeters of global sea level rise, about 1 mm per year. Every millimeter can expose up to 300,000 people to annual flooding, according to the World Glacier Monitoring Service.

“Billions of people are connected to glaciers, whether they know it or not, and that will require billions of people to protect them,” Ms. Sevestre said. – Reuters

China’s restaurants race to the bottom in deflation-hit economy

STOCK PHOTO | Image by Spencer Wing from Pixabay

 – In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial hobs and commercial bread ovens waiting to be resold to dining establishments.

“For the average person, opening a restaurant is almost a guaranteed failure,” said the 38-year-old who sells used kitchen equipment.

Behind every appliance is the tale of a failed Beijing restaurant, set up by those who often bet their life savings on a V-shaped economic recovery after the COVID-19 pandemic, only to see consumers skimp on eating out as China’s economy slowed.

That unleashed a price war in which food providers are offering coffees at 9.9 yuan ($1.40) and four-person set meals at 99 yuan ($14).

Expanding domestic demand is the top priority this year for China’s rulers, looking to offset the impact of U.S. tariffs and a protracted property crisis.

But consumer inflation fell in February at the quickest pace since January 2024, setting off concerns about a deflationary spiral.

Last year, An and his team dismantled 200 restaurants each month, or 270% more than the prior year, as the number of dissolved catering companies touched a historic high of almost 3 million nationwide, data from companies registry Qichacha shows.

“In first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen, the monthly restaurant closure rate exceeds 10%, sometimes even surpassing 15%,” said An.

At restaurants closing across the capital, his teams of workers stacked chairs, ovens, storage units and baking trolleys, using forklifts to load some on to vehicles to be taken away, while at one site a purchaser carried away tables.

The company’s revenue fell by just over a fifth in 2024, An said, as more smaller, low-overhead stores opened, such as drink shops and bakeries, which need a smaller outlay on equipment.

In a deserted mall near Beijing’s Olympic Park, the manager of a bakery franchise blamed high rents of 50,000 yuan ($6,900) per month and low foot traffic for its failure after 14 months.

“There are shops next door with similar products that don’t taste as good, but are 10 yuan cheaper. Normal people will basically buy the cheaper product,” said the manager, who spoke on condition of anonymity.

“People just have no money. Or if they do, they’re unwilling to spend like before, because it’s so hard to come by.”

 

VICIOUS CYCLE

A restaurant in China has an average lifespan of just about 500 days, analysts say, falling to as low as a year in Beijing, where municipal data show net restaurant profits plunged 88% in the first half of 2024.

“Mid-range enterprises are more likely to go bankrupt … because they are not cost-effective,” said food industry analyst Zhu Danpeng, referring to restaurants that charge 100 yuan to 120 yuan ($13 to $16) a person.

Cut-throat competition on price and ever-changing menus to attract jaded customers have left many establishments struggling for survival, An said, adding that many had been forced to trim costs to about 70 yuan to 80 yuan ($9 to $11) a customer.

At a key legislative session this month Chinese officials vowed greater efforts to crack down on “involution”, or excessive competition, but the restaurant industry is one of the areas in which the problem is most visible.

Many restaurants went out of business in 2024, slowing revenue growth in China’s food and beverage industry to a paltry 5.3% from the 2023 figure of 20.4%. The survivors had to cut profit margins dramatically to stay in business.

An traced the price war back to 2023, after China lifted pandemic curbs, which he said drove an influx of newcomers into the restaurant industry following mass layoffs in industries such as real estate, education, finance and tech.

The vicious cycle of competition will ultimately cost consumers, An added.

“Once (restaurants) can’t lose money anymore, they will find ways to make a profit, and they can only do that by reducing the quality of ingredients,” he said. – Reuters

UK to invest $260 million on solar panels for schools and hospitals

STOCK PHOTO | Image by Michael Wilson from Unsplash

 – GB Energy will lead a 200 million pound ($260 million) solar panel project for hospitals and schools, Britain said on Friday, in the first investment for the state-owned company since it was set up last year with the aim of lowering energy bills.

A key part of the Labor government’s plan to improve public services in Britain and help revive the economy, GB Energy was established in October to drive investment in renewables.

The 200-million-pound deal could help dampen speculation around GB Energy’s funding ahead of a budget update speech from finance minister Rachel Reeves next Wednesday, when she is expected to announce cuts to public spending plans.

GB Energy will pay for solar panels on the roofs of schools and hospitals, in this first major project, with the first installations expected to be made this summer, the government said.

A jump in energy bills since the Ukraine war has heaped extra pressure on already strained health and education budgets, but the new solar panels and related renewable schemes will help cut those costs, the statement said.

“Great British Energy’s first major project will be to help our vital public institutions save hundreds of millions on bills to reinvest on the frontline,” energy minister Ed Miliband said.

“This is our clean energy superpower mission in action, with lower bills and energy security for our country.”

GB Energy will make this investment alongside the government as the parliamentary process to finalize its creation is not expected to complete until next month.

Of the total investment, about 80 million pounds has been earmarked for schools in England, while 100 million pounds will go on hospitals. GB Energy will also work with devolved governments on solar projects for their schools and hospitals. – Reuters

EU leaders vow to continue backing Ukraine, but make no concrete pledge

A EUROPEAN UNION’S flag flutters outside the European Commission headquarters in Brussels, Belgium, Oct. 15, 2020. — REUTERS

 – European Union leaders said on Thursday that they will continue to support Ukraine, but they did not immediately endorse a call by Ukrainian President Volodymyr Zelenskiy to provide at least 5 billion euros for artillery ammunition purchases.

“We need funds for artillery shells and would really appreciate Europe’s support with at least five billion euros ($5.42 billion) as soon as possible,” Mr. Zelenskiy told the EU leaders meeting in Brussels via video link.

The bloc’s foreign policy chief, Kaja Kallas, had also called on leaders to match words of support for Kyiv with deeds, as U.S. President Donald Trump pushes ahead with his efforts to end the war, including through a rapprochement with Russia.

“The stronger they are on the battlefield, the stronger they are behind the negotiation table,” Mr. Kallas said of the Ukrainians.

In a statement, all EU leaders except Hungary’s Viktor Orban pledged to “continue to provide Ukraine with regular and predictable financial support”. They also said EU members should “urgently step up efforts to address Ukraine’s pressing military and defense needs”.

There was no concrete answer on the 5 billion euros. But summit chair Antonio Costa said EU members had promised 15 billion euros in aid for Ukraine in recent weeks and he believed they would increase those pledges further.

Mr. Kallas had previously proposed a pledge up of to 40 billion euros in military aid to Ukraine in 2025, with each country contributing according to its economic size, but that hit resistance from some countries, particularly in southern Europe.

Bolstering the EU’s own defenses also featured on the summit agenda, reflecting deep fears that Moscow may attack an EU member in the coming years and doubts about the future of U.S. protection for Europe via the NATO defense alliance.

“We have to rearm ourselves because otherwise we will be the next victims of Russian aggression,” Lithuania’s President Gitanas Nauseda said.

But some southern European capitals have been more reticent, reflecting a division between those geographically closer to Russia that have given more aid to Ukraine and those farther away that have given less, as a share of their economies.

Spanish Prime Minister Pedro Sanchez said he did not like the term “rearm”, which the European Commission has used extensively in its push for more defense spending.

“It is important to take into account that the challenges that we face in the southern neighborhood are a bit different to the ones that eastern flank face,” he said.

Mr. Zelenskiy will be in Paris next Thursday to hold talks with a coalition of willing countries to discuss ways to help defend Ukraine, French President Emmanuel Macron said.

 

DEFENCE SPENDING

EU leaders also discussed the Commission’s defense proposals, which include a call for European countries to pool resources on joint military projects and buy more European arms.

“I think Europe has never moved faster than over the past few weeks,” Macron said.

“Europe was a community built to avoid war, then a single market. It had never built the tools to become a real power. It’s doing it now. We’re doing it in real-time and we’re doing it fast.”

Some, like Greek Prime Minister Kyriakos Mitsotakis, urged the EU to go further in financing defense spending and consider giving member states grants and not just loans.

Italian Prime Minister Giorgia Meloni expressed a preference for “truly common European instruments that do not directly burden the debt of states.”

Others, like Dutch Prime Minister Dick Schoof, said they were still very much opposed to joint euro bonds.

EU leaders spent the early evening debating economic challenges facing the bloc, notably its bid to stay competitive while decarbonizing its industries and catch up with rivals the United States and China in new fields such as AI.

They made clear the EU’s ability to invest in defense relied on its economic strength and called for progress this year in three fields – cutting red tape, securing affordable and clean energy and creating a more dynamic capital market to channel billions of euros of private money towards required investments. – Reuters

ADVERTISEMENT
ADVERTISEMENT