Finance Secretary Benjamin Diokno is open to the possibility of the peso touching the 60-level against the US dollar but said interventions will continue to prevent the local unit from overshooting the said level. “Pwede naman kasi mag-exceed ng one day tapos babalik naman sya (It can exceed for a day but it will go back),” he told journalists on the sidelines of a forum in Taguig City on Monday. To date, the peso is trading at 58-level against the US dollar but it has closed to its record-low of 59.00 to a dollar several times so far
Managing Director of the Islamic Republic News Agency (IRNA) Ali Naderi on Monday said a new chapter can begin in the fields of communications and media after the coronavirus pandemic from which the world has been suffering since December 2019. A new order is being established in the world, the IRNA chief said in his speech at the 18th meeting of the Organization of Asia-Pacific News Agencies (OANA) General Assembly which kicked off in Tehran this morning. Independent media can compete with one-way information flow in order to keep people worldwide informed of the news and information, Naderi
Malacañang has appointed Ormoc City Mayor Lucy Torres-Gomez as the chairperson of the Regional Development Council (RDC) in Eastern Visayas to serve for the next three years. President Ferdinand R. Marcos signed the appointment on October 19, a copy of which was shared with journalists on Tuesday. Also appointed is private sector representative Leo Christian Lauzon as RDC co-chairperson. The Office of the President picked Gomez as RDC chair over four other officials nominated by members of the region’s highest policymaking body during its September meeting. Other nominees were Leyte Governor Carlos Jericho Petilla; Maasin City,
The Bureau of Customs (BOC) will work with the US Department of Defense, to enhance the agency’s capability in handling weapons of mass destruction (WMD). During the courtesy call by representatives from the US Defense Threat Reduction Agency (US-DTRA) to Commissioner Yogi Filemon Ruiz, last Oct. 12, the team expressed willingness to potentially help the BOC with training on identifying, handling, and transporting dual goods before disposal. In a statement Tuesday, Ruiz noted that the bureau would work closely with the US-DTRA in developing a cohesive plan for the agency in addressing concerns on the identification, safe handling,
The Embassy of Switzerland in the Philippines on Monday launched a tourism program that aims to strengthen the European nation’s ties with the Philippines toward innovation and sustainability through travel. In an interview with the Philippine News Agency (PNA), Switzerland Tourism Markets East Head Simon Bosshart said Manila is one of the four cities worldwide in which they had planned to establish “an antenna” by the end of 2023. The three other cities include Riyadh (early 2023), Tel Aviv (mid-2023), and Mexico (end of 2023). “We try to get some economic data, micro economic data of all
President Ferdinand R. Marcos has ordered the Department of Information and Communications Technology (DICT) to offer scholarships to students in the Science, Technology, Engineering, and Mathematics (STEM) track program. The directive was made during the Cabinet meeting held at Malacañan Palace in Manila on Tuesday morning, Undersecretary Cheloy Garafil, officer in charge of the Office of the Press Secretary (OPS), said in a press statement. “President Ferdinand R. Marcos wants the government to offer a scholarship program for STEM courses to address the lack of talent for information and communication technology businesses,” Garafil said. “During a Cabinet meeting
