Economic team woos SG firms to invest in Maharlika

By Julito G. Rada

FINANCE Secretary Benjamin Diokno on Thursday encouraged the Singaporebased business community to invest in the Philippines, including the upcoming Maharlika Investment Fund, and take part in the country’s high-growth momentum.

Diokno said during the Philippine Economic Briefing (PEB) in Singapore the opening up of some sectors for 100-percent foreign ownership could be an incentive for investors to invest in the Philippines.

“The private sector is welcome to invest in 194 infrastructure projects. If you want to come in, you can invest in those projects. You can also invest in the Maharlika Investment Fund,” Diokno said.

Diokno said learning from some of the strongest economies in the world,

Albay eyes permanent relocation of residents in 6-km danger zone

By Charles Dantes, Rio N. Araja and Joel E. Zurbano

ALBAY is considering permanently relocating residents who lie within the sixkilometer radius of Mayon Volcano’s permanent danger zone, Gov. Edcel Greco Lagman said Thursday.

“This perennial problem has to stop,” Lagman said in Filipino during a televised briefing. “We experience this every three or four years. Permanent resettlement is really necessary. Let's move the residents to places beyond the danger zone.”

Lagman said, however, that a law needs to be enacted so that the government may legally relocate families living within the PDZ.

Despite government reminders that entry into Mayon’s PDZ is not allowed,

World’s largest kidney stone at 801g

SRI LANKAN military doctors have removed what is now recorded as the world's largest kidney stone from a 62-year-old retired soldier, the army said Wednesday.

The stone removed from ex-sergeant Canistus Coonge weighed 801 grams, more than five times the weight of an average male kidney, the army said.

Coonge's kidney stone measured 13.37 centimeters (5.26 inches) long, compared to an average kidney which

DICT Secretary Ivan John Uy believes this can be addressed by teaching and training Filipinos to work with AI so they can adapt.

"People ask me, 'Will AI replace a person in his job?' The way I see it, no.

STRONG GROWTH TRAJECTORY.

President Ferdinand Marcos Jr., in his speech during the International Trade Forum on Thursday, June 15, 2023, says dynamic innovation will be at the heart of the transformation and growth of the exports industry. Joey Razon

By Charles Dantes

OVER 22,000 cops will be deployed for the upcoming State of the Nation Address of President Ferdinand Marcos Jr. in July, the Philippine National Police said Thursday.

Maj. Gen. Edgar Alan Okubo, PNP National Capital Region Police Office Director, has been assigned to lead Task Force SONA to secure the event. Okubo said the deployment of personnel will be distributed to all possible routes Mr. Marcos may traverse going to the Batasang Pambansa Complex in Quezon City, and areas where rallies are expected.