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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.....»»
Smile, candid camera soon at toll booths
After being repeatedly postponed, the mandated installation of the Radio Frequency Identification in all vehicles to allow passing through the country’s tollways will definitely be implemented not later than October this year......»»
SMC OK to add MPTC Indonesia in joint venture
Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»
CCLEX offers motorists assistance, free towing services on Holy Week
To ensure safe and convenient travel experiences, the Cebu Cordova Link Expressway Corporation (CCLEC) is offering motorist assistance and free towing services to users of its expressway this Holy Week. CCLEC, along with the other toll road networks of Metro Pacific Tollways Corporation (MPTC), is implementing anew its Safe Trip Mo, Sagot Ko (SMSK) motorist.....»»
DOH allots P55 million for cervical, breast cancer screening
The Department of Health has allocated P55 million to meet its target of screening three million women for cervical and breast cancer this year......»»
Converge allots P5 billion for data centers
Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»
Filinvest holding firm allots up to P25 billion for 2024 capex
Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»
CLI allots higher capex, partners with Japan firm
Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»
Ayala Land allots P13 billion to redevelop 4 major malls
Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»
DSWD allots Php537M emergency cash aid to shear line, quake-hit families in Samar, Mindanao
Three Field Offices of the Department of Social Welfare and Development (DSWD) started on January 18 the simultaneous payout of cash assistance, through the Emergency Cash Transfer (ECT) program, for the families affected by a triad of disasters that occurred in the last quarter of 2023 to help them recover and resume their normal lives. […].....»»
Blinken Arrives in South Korea to Attend Democracy Summit
Seoul, South Korea - U.S. Secretary of State Antony Blinken arrived Sunday in South Korea on the first stop of a brief Asia tour also including the Philippines, as Washington moves to reinforce ties with two key regional allies.Blinken landed Sunday afternoon ahead of the third Summit for Democracy on Monday, an initiative of U.S. President Joe Biden, which Seoul is hosting this week.Before arriving in Se.....»»
Thousands of global leaders gathered in South Korea for building institutional peace
More than 1,800 people from 121 countries, including the United States, the Philippines, Ukraine, South Africa, Pakistan, Thailand, Romania, and India, attended the 9th Anniversary of the September 18th HWPL World Peace Summit held in Incheon, South Korea from September 18th to 21st......»»
South Cotabato urges public to patronize MSMEs, buy local products
KORONADAL CITY (MindaNews / 7 March) – The provincial government of South Cotabato has launched a convergence initiative to bring more growth and market opportunities for the province’s micro, small and medium enterprises (MSMEs). Tyronn Jan Villanueva, head of the South Cotabato Economic, Investment and Promotions Center (SCEIPC), said they have launched a series of […].....»»
FACT CHECK | South Cotabato did not declare March 11 a Muslim legal holiday
MindaNews fact-checked a memorandum circulating on Facebook and in Messenger group chats that South Cotabato Gov. Reynaldo Tamayo Jr. has declared March 11 a holiday in the province for the observance of Lailatul Isra wal Mi’raj. The memorandum is fake, Tamayo’s office notified the public. The provincial government of South Cotabato has not declared Monday, […].....»»
PLDT puts up new unit for data centers
Telco leader PLDT Inc. has formed a new unit under its technology arm, delegating it with the task of building and operating data centers......»»
SM Prime unit expands Nasugbu beach homes
SM Prime unit Costa Del Hamilo Inc. is expanding its newest upscale residential community in Nasugbu, Batangas to cater to the growing demand for nature-friendly beach homes......»»
Phinma allots P4.5 billion for 2024 capex
The Phinma Group has earmarked P4.48 billion for capital expenditures this year to sustain the company’s growth momentum......»»
SMIC allots P115 billion for 2024 capex
SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses......»»
Holcim allots P2 billion for co-processing, RE shift
Cement maker Holcim Philippines Inc. is spending P2 billion over the next three years for co-processing and shifting to renewable energy in line with its commitment for sustainable manufacturing operations......»»
South Carolina dominates NC State to make NCAA womens tournament final
South Carolina Gamecocks Defeat NC State to Advance to National Championship In a thrilling Final Four matchup, the South Carolina Gamecocks emerged victorious against NC.....»»