resilience starts with information
Building strong: How resilient design can be used to creatively combat disaster
No matter the aspect of life — health, relationships, career, finances — resilience is all about being able to overcome negative impacts, bounce back and move forward. It just so happens that the same holds true for construction.
The monetary investment in construction projects can range from thousands of dollars for home improvements to billions for skyscrapers and massive mixed-use developments. And, of course, there is often no price tag that can sufficiently represent the creative capital and…
Neda reveals PHL’s annual disaster losses
Disasters cost the Philippine economy some P206 billion annually, according to the National Economic and Development Authority (Neda).
In a speech read by Neda Undersecretary Adoracion M. Navarro, Socioeconomic Planning Secretary Ernesto M. Pernia said the annual cumulative impact of disasters on the economy reached 0.5 percent to 0.6 percent of the GDP.
The impact of these disasters eventually cut the country’s GDP by 0.3 to 0.4 percentage point. This means if GDP growth reached 7 percent, the disaster will cut this growth down to 6.6 percent to 6.7 percent…
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