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Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
CPA issue: Cebu City to file cases for alleged violations, multiple illegal constructions
CEBU CITY, Philippines – The Office of the Building Official (OBO) in Cebu City has taken legal action against the Cebu Port Authority (CPA) for the alleged multiple violations related to unauthorized construction activities within the port area. This action comes after CPA persisted in building multiple buildings in the port area without the necessary.....»»
Rama stops CPA port project due to permit issues
CEBU CITY, Philippines – Cebu City Mayor Michael Rama ordered City Hall officials to stop the construction of a port at the back of the National Museum after the Cebu Port Authority (CPA) failed to secure a building permit. The mayor even slammed the CPA for the lack of “decency” and “courtesy” due to the.....»»
ICTSI bags P750 million Iloilo Port deal
Logistics giant International Container Terminal Services Inc. will add another port to its network of facilities here and abroad, this time securing the P750 million contract to manage the Iloilo Commercial Port Complex......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
Diokno proud to leave DOF in better state of affairs
"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»
Batangas teams force showdown
Alpha Bah made all his 17 free throws on the way to a season-high 36 points as Lyceum of the Philippines University-Batangas downed Diliman College, 80-70, yesterday to set up an intriguing quarterfinal showdown with University of Batangas in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 at the Paco Arena in Manila......»»
US-based Harnyss introduces patented hydrogen technology for energy storage in Philippines
Harnyss, a Texas-based energy technology company, is introducing its patented low-pressure hydrogen storage solutions that could significantly complement the utilization of renewable energy in various settings. .....»»
Indian Coast Guard ship docks at Manila port amid tensions in South China Sea
Manila [Philippines], March 26 (ANI): Amid tensions in the South China Sea, the Indian Coast Guard ship, Samudra Paheredar docked at the Manila Bay in the Philippines as part of a broader initiative aimed at demonstrating ICG Marine Pollution Response capabilities, the Ministry of Defence (MoD) said in an official release on Tuesday. The ICG ship which arrived at the port on Monday, is on an overseas deployment to ASEAN c.....»»
PPA readies P1.5 billion for Leyte, Bohol port projects
The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»
Rep. Ralph Recto itinalagang bagong finance secretary
MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»
3 suspected rebels killed in clash in Philippines Batangas
MANILA, March 26 (Xinhua) -- Three suspected rebels were killed in a clash with government forces in Batangas province, south of Manila, on Tuesday, the Philippine military said. The military said a 30-minute gunfight broke out around 6:30 a.m. local time after the troops ran into a group of New People's Army (NPA) rebels in Rosario town. The troops recovered three rifles, six jungle packs, and some mater.....»»
Magnitude 4.9 quake jolts Batangas, Metro Manila
A magnitude 4.9 earthquake struck Batangas yesterday, with tremors felt in parts of Metro Manila......»»
2 dead, 2 injured in sea collision in Philippines
MANILA, Jan. 31 (Xinhua) -- Two Filipinos died and two foreign travelers were wounded in a sea collision off Batangas province, south of Manila, around noontime on Wednesday, authorities said. The Philippine Coast Guard (PCG) said the accident happened around 12:30 p.m. local time near Matoco Point in Batangas City and involved the passenger ship MV Ocean Jet 6 and a water taxi. The PCG said the three oth.....»»
2 dead, 2 injured in sea collision in Philippines
MANILA, Jan. 31 (Xinhua) -- Two Filipinos died and two foreign travelers were wounded in a sea collision off Batangas province, south of Manila, around noontime on Wednesday, authorities said. The Philippine Coast Guard (PCG) said the accident happened around 12:30 p.m. local time near Matoco Point in Batangas City and involved the passenger ship MV Ocean Jet 6 and a water taxi. The PCG said the three oth.....»»
USS Ronald Reagan leaves its Japan home port after nearly 9 years
USS Ronald Reagan leaves its Japan home port after nearly 9 years.....»»
India’s biggest port operator eyes Bataan for expansion
India’s largest commercial port operator is eyeing to expand its operations in the Philippines, citing the country’s “stable” regulations and business environment under President Marcos......»»