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Russia boosting trade with fellow BRICS nation
Turnover with Brazil nearly doubled in December as the South American country ramps up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow BRICS countries continue expanding economic ties, RIA Novosti reported this week. .....»»
Invest and own a piece of paradise with Jpark Island Resort Condotel
Jpark Island Resort & Waterpark. Mactan Cebu announces a grand investment opportunity with the launch of Jpark Island Resort & Waterpark. Mactan Cebu Condotel on April 24, 2024. The resort’s condotel investment opportunity consists of 355 units with guaranteed annual returns and a buy-back deal after 10 years. with an exit plan. The investment allows.....»»
308 mln USD stolen in investment, romance scams in 2023 in Japan
TOKYO, March 7 (Xinhua) -- The amount of money stolen in investment scams perpetrated via social media and in online romance scams in Japan totaled 45.52 billion yen (about 308 million U.S. dollars) in 2023, police data showed on Thursday. In 2023, damages from investment frauds using Facebook, Instagram and other social media means amounted to 27.79 billion yen in 2,271 cases reported to police, while damages f.....»»
BARMM’s investment hubs get governance citations
Members of the Bangsamoro business sector were elated with the special awards for efficiency bestowed upon the local governments in the region's two new investment hubs on Thursday, recognizing the accomplishments as key factors that can enhance the investment potentials of both areas......»»
Maharlika ready to make first investment in 90-120 days
Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»
Data centers: Philippine’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Data centers: Phl’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Over $1 billion investment to Philippines from US, says Raimondo
MANILA, The Philippines: During an official visit to Manila, U.S. Commerce Secretary Gina Raimondo has said that U.S. companies have announced investments totaling more than US$1 billion in the Philippines.In a first of its kind for the Philippines, Raimondo headed a two-day trade and investment mission that included executives from 22 companies, such as United Airlines, Alphabet's Google, Visa, KKR Asia Pacific.....»»
NCR retail prices rise at slowest pace in nearly 2 years
Retail prices of goods in Metro Manila in January posted its lowest growth rate in nearly two years due mainly to slower food price hikes, according to the Philippine Statistics Authority......»»
BOI gives green lane to P150 billion telco project
The Board of Investments has approved a P150 billion Malaysian telecommunications infrastructure project for green lane processing, noting its role in introducing new technologies in the country......»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»
Higher output lifts Atlas Mining profit
The improved production of copper and gold more than doubled the bottomline of Atlas Consolidated Mining and Development Corp. to P563 million in the first quarter......»»
MMDA: Chavit’s P200,000 incentive a ‘donation’
After being accosted by traffic enforcers and offering them a cash reward of P100,000, former Ilocos Sur governor Luis “Chavit” Singson yesterday fulfilled his promise and even doubled the incentive, according to the Metropolitan Manila Development Authority......»»
Diffusing tension
In his 2024 State of the Union Address, President Joseph Biden doubled down on his rhetoric against China as he boasted revitalized partnerships in the Pacific. He rattled off India, Australia, Japan, South Korea and the Pacific Islands. He said the United States is standing up against China’s economic practices while standing up for peace across the Taiwan Strait......»»
Catapang tightens security after ambush
Bureau of Corrections (BuCor) chief Gregorio Catapang Jr. yesterday said security measures were doubled following the recent shooting incident involving his vehicle along the Skyway on Tuesday......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
Insurance commission OKs doubling of vehicular accident indemnity claims
The Insurance Commission has doubled the indemnity claims for vehicular accident victims as part of government efforts to improve overall insurance coverage in the country......»»
Double win: Bren Esports boss scores legal victory, PSA citation
Cause for celebration doubled for Bren Esports on Wednesday as embattled founder Bernard “Bren” Chong bagged a new legal victory just days after his team was feted by the Philippine Sportswriters Association in their annual awards night......»»
Rs 4.94 lakh crore DRDO-developed weapon systems in Indian defence forces, says DRDO chief
By Ajit DubeyNew Delhi [India], January 25 (ANI): Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly Rs 4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC). In an interview with ANI, the chief of DRDO said that over 60 per cent to 70 per cent of the induct.....»»
Rs 4.94 lakh crore DRDO-developed weapon systems in Indian defence forces, says DRDO chief
By Ajit DubeyNew Delhi [India], January 25 (ANI): Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly Rs 4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC). In an interview with ANI, the chief of DRDO said that over 60 per cent to 70 per cent of the induct.....»»