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MAV suspension plan up for review

The Department of Agriculture plan to suspend the minimum access volume on pork and corn would undergo the scrutiny of the government’s economic cluster, a DA official said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Mandaue City councilor questions plan to purchase P4M van

MANDAUE CITY, Philippines — A Mandaue City councilor has questioned the plan to purchase a P4 million coaster van for the Mandaue Investment Promotions Tourism Action Center (MIPTAC). On Monday, March 11, 2024, the councilors passed on second reading a proposed ordinance authorizing Mayor Jonas Cortes to purchase one unit of a 29-seater coaster amounting.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsMar 7th, 2024

Foreign investment pledges more than double

Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong economic performance, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

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”......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

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.....»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

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.....»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

GMA reveals inadequacy of government plan and budget for climate change

GMA reveals inadequacy of government plan and budget for climate change.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

GPS 2024: Over $20 billion to get transport back on track

Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government's plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely. "Over the next three years, our investment of around $7 billion per year prioritises economic growth and productivity, increased.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Government raises IPAs project approval threshold to P15 billion

The government has increased the investment capital threshold assigned to investment promotion agencies (IPAs) to P15 billion in a bid to promote the ease of doing business......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Netizens turn to dry humor as they give their take on CSBT transfer plan

CEBU CITY, Philippines — Cebuano netizens resorted to dry humor as they give their take on social media about the plan of the Cebu Provincial government to move the Cebu South Bus Terminal (CSBT) from Cebu City to the neighboring Talisay City in the south of Cebu. The CSBT is currently situated along Natalio Bacalso.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 2024

National Cybersecurity Plan seen as vital defense for digital economy

A consumer advocacy group has lauded the President’s approval of the National Cybersecurity Plan 2024-2029 amid the rising incidence of cyber attacks targeting the government and private sector......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Detailed action plan prepared to project Uttar Pradesh as Most Favourite Tourist Destination

Lucknow (Uttar Pradesh) [India], January 31 (ANI): In a bid to position Uttar Pradesh as a 'premier global tourist destination,' Chief Minister Yogi Adityanath's government is set to showcase 'Brand UP' and 'Destination UP' at 12 major international trade fairs and travel expos. According to Chief Minister Yogi's vision, a detailed action plan has been prepared to project Uttar Pradesh as 'Brand UP' and as the 'Most Favou.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Marcos defends Sara

President Marcos yesterday defended Vice President Sara Duterte from criticisms that she has been silent on China’s aggressive acts in the South China Sea, saying discussing the maritime dispute is not among her roles in the government......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Capitol defends plans to relocate in Balamban

CEBU CITY, Philippines – The Cebu Provincial Government defended its plans to relocate its seat of power to Balamban town in western Cebu amid criticisms following site redevelopment in the locality’s mountains. Furthermore, they assured the public, including environmentalists, claiming that the project would not ‘bring massive environmental damage in Cebu.’ The Capitol made this.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

DENR defends LLDA on lake sharing

The Department of Environment and Natural Resources defended yesterday the decision of the Laguna Lake Development Authority to increase the share of commercial operators in Laguna de Bay, saying it was the local government units who recommended to President Marcos the modification in the sharing agreement as small fisherfolk could not meet the required supply of fish......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

LGUs, 6th ID unite to ensure security of investment hubs

The Army’s 6th Infantry Division and local government units are to expand cooperation in securing the surrender of more local terrorists to sustain the peace spreading around now in potential investment destinations in provinces under its jurisdiction......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024