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Israel sees decrease in foreign trade in 2023
Tel Aviv [Israel], January 23 (ANI/TPS): Israel's Central Bureau of Statistics (CBS) reported on Israel's foreign trade in 2023 as compared to 2022. The countries to which exports of goods (excluding diamonds) from Israel had the largest increases in 2023 were Morocco, Egypt, Hungary, Romania, Uruguay, Lithuania, Hong Kong and Poland. In contrast, the countries with the largest decreases in exports from Israel were Malays.....»»
Comelec grants P18-billion election contract to Korean-led consortium
MANILA, Philippines — The Commission on Elections (Comelec) has approved a nearly P18 billion contract to lease an automated election system for the 2025 midterm polls to a joint venture led by the controversial South Korean company Miru Systems Co. Ltd. Comelec Chair George Garcia announced the decision on Thursday, stating that the poll body unanimously.....»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
Cebu City eyes ‘Singapore-like’ railway system to improve transport
CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»
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......»»
'I congratulate all the countrymen...,' PM Modi after India delivered BrahMos missiles to Philippines
Domah (Madhya Pradesh) [India], April 19 (ANI): Prime Minister Narendra Modi on Friday congratulated countrymen after India delivered the BrahMos supersonic cruise missiles to the Philippines as part of the USD 375 million deal between the two sides signed in 2022. Addressing a rally in Domah, PM Modi said, "Now we are also exporting BrahMos missiles. The first batch of this missile is going to the Philippines today. I co.....»»
PAL spending P75 billion this year to support growth
Following great annual earnings reports by both Philippine Airlines and Cebu Pacific, both domestic airlines have pledged to spend a great deal of money to expand networks, buy new planes, and service existing planes......»»
McLaren F1 driver Lando Norris signs multi-year contract extension
WOKING, England— McLaren driver Lando Norris signed a multi-year contract extension with the Formula One team on Friday. The 24-year-old British driver’s existing contract ran until the end of 2025. The new deal secures his services alongside teammate Oscar Piastri for several more seasons in an exciting pairing. McLaren did not say how long was.....»»
US tries out new missile system in ‘Balikatan’ 2024
The Marcos Jr. administration appears to be “slowly but surely allowing the country to be dragged into the massive US-led military build-up against China, threatening to engulf the whole region in war.”.....»»
US Army s Mid-Range Capability makes its first deployment in the Philippines for Salaknib 24
NORTHERN LUZON, Philippines - In a historic first, the 1st Multi-Domain Task Force successfully deployed the Mid-Range Capability (MRC) missile system to Northern Luzon, Philippines, on April 11, 2024, as part of Exercise Salaknib 24. This landmark deployment marks a significant milestone for the new capability while enhancing interoperability, readiness, and defense capabilities in coordination with the Armed Forces o.....»»
Israel vows retaliation following Irans attack: Analysts predict potential outcomes
Israel’s Iron Dome intercepts rockets from Gaza, vows to retaliate against Iran In a recent development, Israel’s Iron Dome anti-missile system successfully intercepted rockets launched.....»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Politicized Courts, Muzzled Media as Trkiye Reaches 100
(Istanbul, January 11, 2024) - Politically motivated court decisions and signs of power struggles in the justice system following the re-election of President Recep Tayyip Erdoan threatened to up-end Trkiye's rule of law framework during 2023, Human Rights Watch said today in its.....»»
Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023
The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»
GSIS income surges to P113 billion in 2023
The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»
Cebu City buy-bust: 3 men nabbed in Kamputhaw drug den
CEBU CITY, Philippines – With the help of concerned citizens, another drug den was dismantled and three suspects were arrested during a buy-bust operation in Sitio Lupa, Brgy. Kamputhaw in Cebu City on Friday afternoon, May 17. The drug bust happened at around 4:50 p.m. and resulted to the seizure of over P100,000 worth of.....»»
PDEA nabs 4 in Bataan buy-bust
PDEA nabs 4 in Bataan buy-bust.....»»
P3.5 million shabu seized in Lahug buy-bust
P3.5 million shabu seized in Lahug buy-bust.....»»
Recto wants pension funds to buy government stake in SCTEX
Finance Secretary Ralph Recto wants the two pension funds to buy the government’s share in toll roads to ensure that the state will not be at a loss......»»