Photo Credit: seamlessglobal.co AS has been frequently reported, a key feature of the landmark 2015 Paris Agreement on combating climate change was a pledge by the developed nations that are most responsible for the greenhouse gas (GHG) emissions that are causing it to provide funding for vulnerable nations’ climate adaptation …
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Looking forward to a noble future with Maharlika fund
The proposed Maharlika Investment Fund (MIF) Act has just been approved by both chambers of Congress and a copy of the enrolled bill will now be sent to Malacañan Palace for President Marcos’ signature. Being a Palace-certified measure, it is expected to be signed into law in a couple of …
Read More »Upskilling Filipino workers for Saudi jobs
THE Kingdom of Saudi Arabia plans to hire one million Filipinos in the next two years to work in its hospitality, construction, and information and technology sectors. This week, Migrant Workers Secretary Susan Ople is meeting with a delegation from the kingdom to discuss what looms as a massive manpower …
Read More »‘One-Town One-Product’ will empower the local economy
There can be no true and realistic post-pandemic recovery if our local economy is still being weighed down by the prolonged effect of the three-year global health crisis. All efforts must be in line to push the economy first, especially in the countryside where towns are located and where a …
Read More »A good result from govt energy saving program
The GEMP is overseen by the Inter-Agency Energy Efficiency and Conservation Committee (IAEECC) created by Republic Act 11285, or the “Energy Efficiency and Conservation Act,” which took effect in late 2019. Under RA 11285, the government has a target of reducing its total electricity and fuel consumption by at least …
Read More »ARTA’s efforts to promote ease of doing business, efficient public service spur economic progress
In 2018, Congress passed Republic Act No. 11032, An Act Promoting the Ease of Doing Business and Efficient Delivery of Government Services. The law amended Republic Act No. 9485, otherwise known as the Anti Red-Tape Act of 2007. The enactment of these laws demonstrates the government’s determination to remove long-standing …
Read More »Trade pact with EU is vital for PH growth
PRESIDENT Ferdinand Marcos Jr. recently called for a resumption of negotiations on a free trade agreement (FTA) with the European Union, and it is encouraging that support for the idea has been virtually unanimous. The Philippines already enjoys substantial trade privileges with the 27-member EU, but with the expiration of …
Read More »There is urgency in having a national land use policy
“Terribly important” — these were the words of the President when he described the urgency of having a national land use policy. This he emphasized in a speech at the inauguration of Pier 88 in Liloan, Cebu, on May 27, 2023. “Allow me to reiterate the urgency of enacting a …
Read More »ADB, World Bank and Fitch Ratings commend PH’s stable economy
Three international institutions extended support and commendation to the Philippines over the past week. The Asian Development Bank (ADB) announced a $4-billion grant during President Marcos’ visit to its headquarters. The grant covers major infrastructure projects such as the Bataan-Cavite Interlink Bridge Project, the Davao Public Market Modernization Project, and …
Read More »Buoys part of a chess game in South China Sea
EARLY this month, the Philippine Coast Guard planted navigational buoys emblazoned with the national flag in the waters around five islands and reefs inside of the country’s exclusive economic zone or EEZ. The Coast Guard said the deployment of the buoys “highlights the Philippines’ unwavering resolve to protect its maritime …
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