Singapore economy grew rapidly in Q3

SINGAPORE: Singapore’s economy grew faster than expected in the third quarter, preliminary government estimates showed on Friday, as construction and services made up for a continued slump in manufacturing. Gross domestic product expanded 0.7 percent year on year in the three months ending in September, beating forecasts of around 0.4 …

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Aim for rice self-sufficiency

The rice problem—rising prices and shortage of supply—is a concern not only confined to the Philippines. It is actually a global phenomenon considering that rice feeds more than half of the world. In fact the United Nations’ International Fund for Agricultural Development said that high prices of rice may cause …

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Targeted aid works

The rice price shock called for the return of importation to government control and, later, the reduction of tariffs. Professionally, President Ferdinand “Bongbong” Marcos Jr. and his economic team have shown that they can roll up their sleeves and untangle the country’s heavy problems. Solutions are skillfully applied to prevent …

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Pay up, senators tell Marshall ship

Photo Credit: fleetmon.com Senators on Thursday appealed to owners of a foreign vessel that rammed a local fishing boat to compensate the families of the victims and the 11 survivors. Reports said the Republic of Marshall Islands-flagged Pacific Anna rammed the Filipino fishing boat Dearyn resulting in the death of …

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PH, UK to hold more naval engagements

THE United Kingdom (UK) is committed to strengthening defense relations with the Philippines anchored on protecting the Indo-Pacific region that includes the West Philippine Sea (WPS). Baroness Annabel Goldie, UK Minister of State for Indo-Pacific Defense Engagement, gave this assurance when she met with Lt. Gen. William Gonzales, Armed Forces …

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NBI to summon LTFRB whistleblower

The National Bureau of Investigation (NBI) has issued a subpoena to Jeff Tumbado, the former executive assistant of suspended Land Transportation Franchising and Regulatory Board (LTFRB) chairman Teofilo Guadiz III, who recently recanted his allegations of corruption in the agency. Earlier, in a media briefing, Justice Secretary Jesus Crispin Remulla …

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