President Ferdinand R. Marcos Jr. signed on Tuesday the Maharlika Investment Fund (MIF) Act of 2023 in Malacañan Palace, thus putting up the Philippines’ first-ever sovereign wealth fund that will support the Administration’s economic goals.
Taguig City – AS a smart solution for waste reduction management, the Department of Science and Technology (DOST) together with the City Government of Cauayan, Isabela State University (ISU) and iTECHCONNECTPH.INC, signed a memorandum of Agreement (MOA) and contract on the establishment of a Material Recovery Facility (MRF) in Cauayan on July 17, 2023. The…
Happy Fur Family. Filipino fur parents can protect their fur babies and at the same time, their budget with BDO Insure’s affordable and customizable pet dog and cat insurance plans. Learn more at www.bdo.com.ph/bdoinsure/pet. Filipinos love their dogs and cats now more than ever. The numbers even bear this out. Here are few interesting facts…
THE Department of Science and Technology (DOST) undoubtedly made great strides towards promotion of smart and sustainable initiatives with the grant of the “Smart Education: Advancing Classroom-Based Collaboration and Enhancing Laboratory Equipment through the Provision of Robotics and Technological Equipment to Science-oriented Students” (ACCELERATES) project to Tuguegarao City Science High School (TCSHS). Project ACCELERATES is…
Camiguin National High School receives funds from DOST for the physical science and biology laboratory upgrading on June 6, 2023. The Department of Science and Technology spearheads the upgrading of Camiguin National High School (CNHS)’s physical science and biology laboratory through the deployment of science laboratory equipment and the installation of DOST Interactive Education Technologies…
ANKARA – A 31-year-old Portuguese dog, Bobi, made it to the Guinness World Records as the “oldest dog ever on Earth.” Bobi is a purebred Rafeiro do Alentejo, a breed of livestock guard dog with an average life expectancy of only 12-14 years. He has managed to outlive more than twice the average dog’s life. Born on May 11, 1992,…
ISTANBUL – Russia’s war against Ukraine, which has now hit 500 days, has inflicted a huge economic effect on both and other countries due to fluctuating commodity prices. During the 500 days, Russia increased military expenses and saw difficulties especially related to embargoes and trade bans from Western countries. Russian Central Bank reserves, worth 300 billion euros (US$326.6 billion), was blocked…
By Severino Samonte MANILA – Asian journalists must report events relevant to the Asian region and broaden their information horizons beyond the traditional sphere dominated by the major Western news agencies. This was among the main objectives of the three news agencies of the Association of Southeast Asian Nations (ASEAN) when they agreed to launch a…
MANILA – Department of Trade and Industry (DTI) Secretary Alfredo Pascual on Monday said his agency’s recent three-week European trip for an investment roadshow has fetched prospects amounting to PHP73 billion. In a briefing with trade reporters in Makati City, Pascual said these positive investment leads came from 16 projects out of 48 that were conveyed…
Bangko Sentral ng Pilipinas (BSP) records show that the Philippines’ foreign direct investments (FDIs) inflow has risen anew to US$876 million in April this year. The figure is higher than the US$548 million FDI net inflows last March but 14.1 percent lower than US$1 billion net inflows last year.The bulk of the investments amounting to US$663 million are placements in debt instruments. BSP records also show…
