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CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

Uratex, Navy fancied to dispute WPBA title

Uratex and Philippine Navy-Go For Gold try to arrange a showdown for the first ever Women’s PBA Invitational championship today......»»

Category: sportsSource:  philstarRelated NewsFeb 18th, 2024

Xinhua world news summary at 0100 GMT, Jan. 26

MANILA -- The Philippine Navy said on Thursday it deployed a helicopter to search for 11 missing passengers of two motorboats that capsized off Palawan province. Commodore Alan Javier, the commander of the Philippine Naval Forces West, said the boats sank on Wednesday near Ilian Bay in Roxas, a coastal town northeast of Palawan's capital Puerto Princesa. (Philippines-Navy-Boat) - - - - CAIRO -- Egy.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Xinhua world news summary at 0100 GMT, Jan. 26

MANILA -- The Philippine Navy said on Thursday it deployed a helicopter to search for 11 missing passengers of two motorboats that capsized off Palawan province. Commodore Alan Javier, the commander of the Philippine Naval Forces West, said the boats sank on Wednesday near Ilian Bay in Roxas, a coastal town northeast of Palawan's capital Puerto Princesa. (Philippines-Navy-Boat) - - - - CAIRO -- Egy.....»»

Category: newsSource:  philippinetimesRelated NewsJan 26th, 2024

Navy ready to support PCG patrols in West Philippine Sea

The Armed Forces of the Philippines has reassured the Philippine Coast Guard that the military, primarily through the Philippine Navy, is ready to provide more support in patrol operations being carried out in the West Philippine Sea......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Military ends rescue search for Navy SEALs lost in maritime raid on ship with Iranian weapons

Military ends rescue search for Navy SEALs lost in maritime raid on ship with Iranian weapons.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Navy seizes P24.3 million smuggled items off Sulu

Navy men have intercepted three motorboats found loaded with smuggled cigarettes, petroleum and chemicals worth P24.3 million in the waters off Sulu last week, officials reported yesterday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Iran s Navy Seizes Oil Tanker in Gulf of Oman

DUBAI, UNITED ARAB EMIRATES - Iran's navy seized an oil tanker on Thursday in the Gulf of Oman that once was at the center of a major crisis between Tehran and Washington, officials said. The seizure further escalates tensions in the Mideast waterways.The vessel was once known as the Suez Rajan and was involved in a yearlong dispute that ultimately saw the U.S. Justice Department seize 1 million barrels of Irani.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Robinsons Bank systems convert into BPI in 18 months

Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

EU nations with Patriot missiles hesitate to give air defense systems to Ukraine

EU nations with Patriot missiles hesitate to give air defense systems to Ukraine.....»»

Category: sportsSource:  abscbnRelated NewsApr 23rd, 2024

BSP issues guidelines for payment systems

The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

3 weather systems to bring rains – Pagasa

Three weather systems may bring rains over parts of the country today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA)......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Korean firm Miru Systems bags vote counting machine contract for 2025 polls

The Commission on Elections has awarded Korean firm Miru Systems with the contract to supply the vote counting machines for the 2025 midterm elections......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

STI Education Systems Q2 profit up 84% y/y to P498-M

STI Education Systems posted a Q2/24 net income of P498 million, up 84% y/y from its Q2/23 net income of P271 million......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

With over 460 million children living in conflict, child protection systems must be strengthened, says UNODC Executive Director

In a world where "460 million children were living in contexts of conflict in 2022", child protection systems must be strengthened, said Ms. Ghada Waly, Executive Director of the United Nations Office on Drugs and Crime (UNODC), at a high-level conference at the European Parliament.  At the Protection of Children in Armed Conflict conference in Brussels, organize.....»»

Category: newsSource:  philippinetimesRelated NewsJan 24th, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

‘Batangas shabu haul did not come from China’

The 1.4 tons of shabu valued at P9.68 billion seized in Alitagtag, Batangas last week did not originate from drug rings based in China, according to the Philippine National Police......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024