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Locals describe difficulties as floods impact millions in Philippines

China

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China

Locals describe difficulties as floods impact millions in Philippines

2024-07-28 04:16 Last Updated At:16:57

Several residents in Bulacan Province, the Philippines said they were experiencing the most severe flood of their life in interviews with China Global Television Network (CGTN) on Friday.

The Philippines has been continuously affected by Typhoon Gaemi, Typhoon Prapiroon and the southwest monsoon since July 11, the Philippines National Disaster Risk Reduction and Management Council (NDRRMC) stated on Saturday.

Rolando Garcia, a local shop owner, attributed the severe flooding in Bulacan to continuous rains and water from the upstream.

"It has been raining the past few days, and they released water from the dam. That's why the water levels rose very fast," he said.

As of Saturday, the floods have affected more than 3.36 million people across the country, killing residents and destroying houses.

By Friday, Typhoon Gaemi caused at least 33 deaths in the Philippines, with three people still missing. Metro Manila officials declared a state of calamity in the capital region on July 24.

"Almost hip-high floodwater penetrated and destroyed my house, which was made of plywood and was too thin, so it was easily washed away. We were rescued by a boat when the water was up to my neck. I have lived here most of my life and this is the first time I have experienced such deep flooding," said Gregorio de Rios, a local resident.

Carolina Garcia Borja, another local resident who has been relocated to a relief camp, said she lost almost all her possession in the flood.

"The water flooded my house up to my chest, and all my appliances, cupboards and chairs were swept away. I'm grateful because we have a bed and food here, which is a big help for us. We appreciate this treatment," she said.

In addition to evacuation operations, local authorities have been providing supplies for affected residents to tide over the difficulties.

"If you combine the rain volume and high tides, this is the highest flooding we have experienced here in the town of Guiguinto. Our ongoing rescue operations are spearheaded by Mayor Agatha Paula Cruz. We are distributing relief materials to the most-affected villages, such as Ilang-ilang, Poblacion and Sta. We will continue to do this until we have provided assistance to the families affected by severe flooding in their communities," said Edward John S. Mendoza, municipal social welfare development officer of Guiguinto, Bulacan.

"We are distributing relief items to the victims of the flood. The impact of Typhoon Gaemi and the southwest monsoon on our village and the entire province of Bulacan was that in just three days, almost 70 percent of the houses were flooded, and now the water is slowly receding. We are considering efforts to address flooding in our community in the future," said Manny Hoson, village chieftain of Guiguinto.

Locals describe difficulties as floods impact millions in Philippines

Locals describe difficulties as floods impact millions in Philippines

Locals describe difficulties as floods impact millions in Philippines

Locals describe difficulties as floods impact millions in Philippines

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Beijing consumer gold market remains hot despite rising prices

2024-09-17 04:15 Last Updated At:08:17

Beijing's consumer gold market has been running hot during the Mid-Autumn Festival holiday, despite recent rises in the gold price on international markets.

Last week, the main contract for gold futures on the New York Mercantile Exchange (COMEX) has risen to over 2,600 U.S. dollars per ounce.

At a gold shop in Beijing's Xicheng District, the price of pure gold jewelry went up to about 737 yuan (about 104 U.S. dollars) per gram, but many shoppers are still looking to buy gold jewelry especially during the Mid-Autumn Festival holiday and the end-of-summer wedding season.

"It is now more than 700 yuan (about 98.7 U.S. dollars) per gram, but when we were here about two months ago, it was only just above 600 yuan (about 84.6 U.S. dollars) per gram," said a customer.

"I'm getting married, so I came to have a look. Even if the price goes up, we still have to buy it," said another customer.

"I had nothing to do during the holidays, so I came here to take a look [at the gold jewelry]. I just bought a lucky charm bead and now I want to take a look at the bracelet," said another customer.

At the shop's gold investment counter, many consumers have been making inquiries about gold bars, which has long been considered a safe investment, although experts recommend caution in the rising gold market.

At the shop's gold investment counter, many consumers have been inquiring about gold bars, which have long been considered a safe investment. However, experts recommend caution in the rising gold market.

"Many investors will buy gold bars for medium- to long-term investment based on their expected price as part of their overall family asset allocation. We suggest that investors be more rational in their decisions," said Li Yang, a senior gold investment analyst.

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

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