American businesses hailed the administration’s efforts to transform the economy as the largest US business contingent met President Ferdinand R. Marcos Jr. in Malacañang on Wednesday, and committed more investments in the Philippines.
The Philippines and the United States can collaborate for the production of electronic vehicle batteries to meet the huge demand of the American market, US Senator Tammy Duckworth said on Tuesday.
Around 75,000 jobs will be generated in the energy sector following the investment commitments of several countries as a result of President Ferdinand R. Marcos Jr.’s trips abroad, Labor Secretary Bienvenido Laguesma said on Tuesday.
Citing the massive damage of the recent calamities to the country’s agriculture, infrastructure, and its people, President Ferdinand R. Marcos Jr. disclosed on Monday that the government is already working on some climate change mitigation strategies to address the decades-long problem on flooding.
President Ferdinand R. Marcos Jr. ordered on Monday, Aug. 7, the conduct of an extensive study on the proposed construction of an impounding system in Candaba, Pampanga as a long-term solution to the flooding problem in the province.
Pag-IBIG Fund announced on Tuesday, Aug. 2, that the agency has allocated P3billion in calamity loan funds to help members affected by Typhoons “Egay” and “Falcon”.
