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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.....»»
BIR files rap vs accountancy firm tagged in P200-M worth of fake receipts
The Bureau of Internal Revenue (BIR) filed criminal charges against corporate officers and an accountant of a trading company for using more than P200 M worth of fake receipts......»»
Canadian in P9.68 billion shabu haul nabbed
A Canadian tagged as the prime suspect in smuggling 1.4 tons of shabu worth P9.68 billion seized in Alitagtag, Batangas last month was arrested in Tagaytay on Thursday night......»»
Canadian tagged in Batangas drug haul
A manhunt is underway for a Canadian linked to 1.4 tons of shabu with an estimated street value of P9.68 billion seized at a police checkpoint in Alitagtag, Batangas on Monday......»»
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.....»»
Mandaue drug bust: P476,000 ‘shabu’ seized from HVI
CEBU CITY, Philippines — Authorities seized suspected shabu worth at least P476,000 from a 45-year-old man described as a high-value individual during an anti-illegal drugs operation in Mandaue City early on Wednesday morning, March 27, 2024. The operation took place along Realty Road in the North Reclamation Area in Barangay Subangdaku, Mandaue City, Cebu. The.....»»
1 kilo marijuana seized from courier in Zamboanga City
Anti-narcotics agents seized a kilo of compressed dried marijuana leaves from a dealer intercepted while on his way to deliver the illegal merchandise to a contact in Zamboanga City on Thursday......»»
US spending $7mn a year on seized Russian yacht
The luxury vessel worth $300 million was arrested in Fiji in 2022 The US government is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian businessman and that it is now seeking to sell, a court filing from Friday showed. The yacht, named 'Amade.....»»
Lapu-Lapu drug bust: P680,000 ‘shabu’ seized from HVI
CEBU CITY, Philippines – Authorities seized suspected shabu worth at least P680, 000 from a 28-year-old man described as a high-value individual, during an anti-illegal drugs operation in Barangay Pusok, Lapu-Lapu City on Friday afternoon, January 26, 2024. The subject of the operation was identified as Argie Omolon, a resident of the same barangay. Suspected.....»»
P34-M worth shabu seized in Lanao del Sur
Agents of the Philippine Drug Enforcement Agency seized P34 million worth of shabu from a dealer based in this city who was entrapped in Malabang town in Lanao del Sur on Monday......»»
Military-type firearms seized by soldiers in Maguindanao del Norte
Soldiers seized two M16 assault rifles, a grenade launcher and a machinegun left by local terrorists while fleeing from Barangay Kakar in Datu Odin Sinsuat, Maguindanao del Norte on Friday......»»
P7.2M worth of dried cannabis seized from local supplier along Kennon Road
At least P7.2M worth of dried cannabis leaves and stalks packed in a cylindrical packaging was seized in a sting operation against a local drug trader along Camp 4, Kennon Road in Tuba, Benguet on Wednesday morning......»»
P6.8 million shabu seized in Quezon City
Anti-narcotics agents seized a kilo of methamphetamine hydrochloride or shabu valued at P6.8 million from five drug suspects in Quezon City on Friday night......»»
P3.4-M worth shabu seized in another PDEA sting in Cotabato City
Plainclothes anti-narcotics agents seized P3.4 million worth of shabu from a dealer arrested in an entrapment operation along a busy thoroughfare in Cotabato City on Monday night......»»
Guns, ammo seized in Maguindanao del Sur
Four caliber .45 pistols and bullets for various guns were seized from a suspected gunrunner in Datu Saudi Ampatuan, Maguindanao del Sur on Friday......»»
P3.4 million worth shabu seized in Zamboanga City
Plainclothes policemen seized P3.4 million worth of shabu from two dealers in an anti-narcotics sting in Barangay Mercedes in Zamboanga City at almost midnight Monday......»»
P3.4-M worth shabu seized in Sulu entrapment operation
Anti-narcotics agents on Sunday seized P3.4 million worth of shabu from two peddlers entrapped in the town proper of Maimbung in Sulu......»»
P27.2-M worth shabu seized in Zamboanga City entrapment operation
Plainclothes policemen seized P27.2 million worth of shabu from four alleged dealers entrapped in Zamboanga City on Wednesday afternoon. .....»»
Pharma firm Bell-Kenz to file charges vs accusers
Pharmaceutical firm Bell-Kenz Pharma Inc. is turning the tables on those who accused the company of engaging in a “prescription for sale” scheme......»»