Day: July 16, 2024

CALAMBA CITY, Laguna – The Batangas police presented to the media on Tuesday a cache of firearms and ammunition belonging to a private armed group seized over the weekend in Barangay Bagbag, Tanauan City. Batangas Provincial Police Office (BPPO) Director Col. Jacinto Malinao Jr. said the operation on Sunday also led to the arrest of an alias “Jad.” The seized arsenal included five Glock pistols of various serial numbers, 10 pistols of assorted calibers, multiple magazines and ammunition, holsters and ammunition storage containers. Malinao said the Batangas police’s intensified efforts in curbing the proliferation of loose firearms need community collaboration.

MANILA: The Maharlika Investment Fund (MIF) will help boost the country’s economic growth by reducing poverty and creating more jobs. Maharlika Investment Corporation (MIC) president and chief executive officer Rafael Consing said the MIF aims to help support and sustain the country’s high economic growth, reduce poverty by creating jobs, and promote sustainable development. “‘Yung Maharlika Investment Fund, isa siyang sovereign wealth fund na kung saan binuo po siya ng gobyerno para makapag-invest siya (The Maharlika Investment Fund is a sovereign wealth fund formed by the government for investments),’ he said during the Pre-SONA (State of the Nation Address) Special

MANILA: The Philippine Business Group (PBG) and Joint Foreign Chambers (JFC) have called on President Ferdinand R. Marcos Jr. to prioritize 21 pending legislative measures that will push for economic reforms. Ahead of President Marcos’ State of the Nation Address (SONA), the PBG-JFC said these 21 bills are critical in driving economic growth, enhancing the country’s global competitiveness, and promoting inclusive development. “In July 2022, we wrote to share a list of 24 legislative measures that 12 of the undersigned groups agreed to prioritize and advocate for before the 19th Congress. We greatly appreciate that, of the 24 measures, three

COTABATO CITY – The Maguindanao del Sur provincial board approved Tuesday a resolution declaring the entire province in a state of calamity due to massive flooding that submerged 17 of 24 municipalities and affected over 60,000 families. Tim Ambolodto, provincial disaster risk reduction and management officer, said the Provincial Disaster Risk Reduction and Management Council has recommended placing the province under calamity to allow the provincial government to use its calamity funds. A total of 123 villages in 17 of 24 towns in Maguindanao del Sur remained underwater due to light to heavy downpours in the province and nearby areas

LAOAG CITY – A total of 53 owners of micro and small enterprises from Ilocos Region graduated Tuesday from the three-month mentoring program under the Go Negosyo’s Kapatid Mentor Me-Money Market Encounter (KMME-MME) program. Twelve of the graduates were from Ilocos Norte while the rest were from the provinces of Ilocos Sur, La Union and Pangasinan. The partnership between the Department of Trade and Industry-Region 1 (DTI-Ilocos) and the Philippine Center for Entrepreneurship – Go Negosyo empowers micro-enterprises with business development tools. Ilocos Norte’s first Business Incubation Center in this city serves as a co-working space and a one-stop-shop for