Japanese firm offers P5M for ‘Pablo’ victims
More News from Fat Reyes
MANILA, Philippines — A leading Japanese trading company has joined the international community in offering aid to the Philippines by giving P5 million in assistance to the victims of Typhoon “Pablo” (international name: Bopha), the worst storm to hit the country this year.
In his report to the Department of Foreign Affairs (DFA), Philippine Ambassador to Japan Manuel Lopez said that representatives of the Marubeni Corporation had expressed their intent to offer the donation.
In a statement, the DFA noted that former Japanese Ambassador to the Philippines Makoto Katsura, in his capacity as Corporate Advisor to Marubeni Corporation, expressed his company’s sympathy for the tragic loss that occurred in the Visayas and Mindanao regions.
It quoted Katsura as saying that of the P5 million, P 2.5 million would be given to the National Disaster Risk Reduction and Management Council (NDRRMC), while another P2.5 million to be donated through the Philippine Embassy in Tokyo.
Marubeni, a company involved in diverse business interests which include chemicals, energy, and finance, has business presence in at least 70 countries.
In the Philippines, Marubeni has projects in the fields of power or energy, transportation, real estate, water, and trading, among others, the DFA said.
The DFA said that the Philippines had so far received a total of P 665,832,787.39 in financial assistance from the international community, aid agencies, various groups and individuals, and that material donations continued to arrive.
Latest reports noted that the death toll from Pablo, which battered Visayas and Mindanao in early December, rose to 1,046, while 841 remained missing.
The NDRRMC also said that damages from the onslaught of the typhoon was pegged at P24 billion, and that P16 billion were damages from agriculture.
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94