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Foreign companies keen on investing in PH

(File photo) MANILA - Many international companies are keen on investing in the Philippines after the passage of game-changing reforms under the Foreign Investments Act and Public Service Act, a House leader said on Monday. House Committee on Economic Affairs chair Sharon Garin said the country is now attracting the "good" kind of attention from investors who were previously hesitant to invest in the country because of restrictive old laws. "Finally, after a century of restrictions, we now have relevant laws to help which encourages long-term investments in underutilized public sectors such telecommunications, shipping, air carriers, railways, and subways," Garin said. Garin particularly noted that Elon Musk's satellite-based internet service Starlink would soon operate in the Philippines. "We have heard from Elon Musk's Starlink, which will hopefully make internet better and more accessible all over the country. Their low-orbit satellite technology can

PH gets airport screening training software from Australia

Ambassador Steven J. Robinson AO and Undersecretary Raul del Rosario, Administrator of Philippines Office for Transportation Security MANILA - The Australian government has donated laptops installed with training software to help boost the skills of Filipino aviation security screeners in detecting prohibited items in air cargo. The computers and X-Ray Tutor (XRT) training software were turned over by Australian Ambassador to the Philippines Steven Robinson AO to Office Transportation Security Administration Undersecretary Raul del Rosario last April 8. "While no security screener ever wants to detect an improvised explosive device when carrying out their functions, this software helps screeners 'know what to look for' and 'what to do' should this situation ever arise," Robinson said during the simulation of the software. "Successfully detecting concealed components of an improvised explosive device (IED) in a simulated environment could result in many li

Investing in women empowers dreamers, future

(Photo courtesy of DICT) MANILA - Quite literally, investing in women-led businesses can lead to an empowered future. From a realization that education is not accessible to many, Carmina Bayombong and her partner Ronald Replan now sustain hundreds of students through InvestEd, a social enterprise that provides loans to help unbanked youths finance their schooling. Bayombong, the CEO and co-founder of InvestEd, said her company not only helps provide students with the necessary funding to continue their studies but also counseling and coaching to ensure they succeed from school to workforce. "My parents broke out of poverty by getting a college degree and ever since I was growing up, they taught me that education is a very powerful tool for success but not everyone has access to it and my parents were right because when I was studying engineering in college, I saw my own friends become part of this statistics," she said. "We've realized, I and my co-founder, that ther

World condemns China s violations of international law in East Sea - Politics & Laws - Vietnam News | Politics, Business, Economy, Society, Life, Sports

World condemns China s violations of international law in East Sea - Politics & Laws - Vietnam News | Politics, Business, Economy, Society, Life, Sports
vietnamnews.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnews.vn Daily Mail and Mail on Sunday newspapers.

More foreign aid pour for PH amid Odette relief ops

More foreign countries sent help and pledged cash aid to the Philippines for its relief operations in typhoon-ravaged areas in the country. (Photo courtesy of the USAID) After the United States, China, South Korea, Japan, Canada, and United Kingdom donated financial assistance and basic goods fo

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