LAND VALUES in Metro Manila are seen to drop 5-15% by the fourth quarter as rents and selling prices decline due to the impact of the coronavirus disease 2019 (COVID-19) pandemic.
Property consultancy firm Colliers International Philippines said in an online briefing on Wednesday that central business districts will take a hit from the slump in real estate demand.
The world will never be the same after COVID-19. Social behaviors have permanently changed as have consumer patterns. Trends in international trade have shifted, as have investment priorities. After two months in lockdown, nations must restart their economies in an environment that has changed drastically.
Opposition Senator Francis N. Pangilinan today suggested that the government fast-track the release of financial aid to quarantine-affected farmers by decentralizing disbursement from Land Bank of the Philippines (LBP).
Riding a populist backlash against the elite, President Rodrigo Duterte vowed to rescue landless peasants from poverty. Instead, he has reinforced the monopolistic grip of landowners.
Ranked as a country most vulnerable to the impact of climate change, The Philippines is also the most dangerous place in the world to defend land rights and the environment. President Duterte’s government has enabled seizures of Indigenous lands by an environmentally damaging gold and copper mining project.
Em todo o mundo, as comunidades estão lutando para defender suas terras, ar, água, florestas e seus meios de subsistência de projetos prejudiciais e atividades extrativistas com fortes impactos ambientais e sociais: mineração, represas, plantações de árvores, fracking, queima de gás, incineradores, etc.
Study shows martial law in an island territory is also being used as pretext for violence
New technologies used to map areas in developing nations for granting titles and aiding development could be misused to further marginalize vulnerable people, analysts and land experts warned on Friday.
Palm oil plantations in Indonesia and commercial fruit orchards in the Philippines have uprooted indigenous people and rural communities from their land, despite laws put in place to protect them, human rights groups said.
The year was 2009, and Typhoon Ketsana — known locally in the Philippines as Ondoy — had just struck Metropolitan Manila, Philippines. One of the strongest typhoons to have made landfall in the megacity, Ketsana displaced thousands of families and left them without their source of livelihood and income.
It is estimated that 104 environmental activists have been killed in the Philippines since 2016.
A report from the international watchdog organization, Global Witness, has called the Philippines the “deadliest country in the world” for land and environmental defenders.
