(Eagle News)–The specific qualifications of Maharlika Investment Corp.’s officers were removed from the MIF implementing rules and regulations to give the Board of Directors “more independence.” This is according to Monetary Board Member and former Treasurer of the Philippines Rosalia De Leon, a member of the review group of the Maharlika Investment Fund Act’s IRR. President Bongbong Marcos had ordered the review of the Act’s initial IRR to ensure that safeguards are in place in […]
Other News
PBBM appoints new PRA general manager, two board members
(Eagle News)– The Presidential Communications Office has announced three new appointees to the Philippine Reclamation Authority. The PCOO said Cesar S. Siador Jr. has been appointed as general manager and chief executive officer. Apart from Siador, Alexander T. Lopez and Anthony Peter D. Crisologo shall serve as members of the board of directors. The PRA, formerly known as the Public Estates Authority, serves as the clearing house of all reclamation projects in the Philippines.
Easterlies affecting Southern Luzon, Visayas, Mindanao
Extreme Northern Luzon also affected by northeast monsoon (Eagle News)–The easterlies are affecting Southern Luzon, Visayas and Mindanao. The Philippine Atmospheric Geophysical and Astronomical Services Administration said the northeast monsoon is also affecting extreme Northern Luzon. As a result, Batanes and Cagayan, including Babuyan Islands, will have cloudy skies with light rains. Flashfloods or landslides due to moderate to at times heavy rains are possible. Metro Manila and the rest of the country will have […]
Australia offers refuge to Tuvaluans facing climate displacement
By Steven TRASK SYDNEY, Nov 10, 2023 (AFP) – Citizens of climate-threatened Tuvalu will have the right to live in Australia under a landmark pact unveiled Friday — an offer of refuge as their Pacific homeland is lost beneath the seas. Prime ministers Kausea Natano and Anthony Albanese inked a treaty to help Tuvalu’s 11,000 residents tackle climate change, and to take up sanctuary should the worst fears materialise. Tuvalu is among the world’s most […]
Pacers hold off Bucks despite 54 points from Antetokounmpo
LOS ANGELES, Nov 10, 2023 (AFP) – The Indiana Pacers withstood a 54-point outburst from Milwaukee star Giannis Antetokounmpo on Thursday to hand the Bucks a 126-124 NBA defeat. Tyrese Haliburton led the Pacers with 29 points including a go-ahead three-pointer with 1:29 to play. That gave the Pacers a 122-121 lead and they wouldn’t trail again in a game they had led by as many as 18 in the first half before Antetokounmpo brought […]
Russia says sent 25 tonnes of aid for Gaza
MOSCOW, Nov 10, 2023 (AFP) – Russia said on Friday it had sent 25 tonnes of humanitarian aid to Egypt to be delivered to the Gaza Strip, which has been under near-total siege and relentless bombardment. Since October 9, when Israel placed the Palestinian territory under a “total siege”, only very limited quantities of basic human necessities like water, food and medicine have been allowed into Gaza. About 500 aid trucks have been allowed into […]
Japan to spend $13 bn to boost domestic chip production
TOKYO, Nov 10, 2023 (AFP) – Japan’s government said on Friday that it plans to spend 2 trillion yen ($13 billion) to boost domestic production of strategically important semiconductors and generative AI technology. The planned outlays will include 700 billion yen ($4.6 billion) to support the construction of a Taiwan Semiconductor Manufacturing Company (TSMC) plant in Kumamoto, the firm’s second plant in the southern Japanese region, trade ministry official Motoki Kurita told AFP. TSMC controls […]
British economy stalls in third quarter
By Roland JACKSON LONDON, Nov 10, 2023 (AFP) – Britain’s economy stagnated in the third quarter, official data showed Friday, weighed down by elevated inflation and interest-rate hikes. Gross domestic product showed no growth in the July-September period, the Office for National Statistics (ONS) said in a statement. That beat market expectations for a contraction of 0.2 percent, but followed 0.2-percent expansion in the second quarter. The data comes one week after the Bank of […]
4.0-magnitude earthquake strikes off Quezon
(Eagle News)–A 4.0-magnitude earthquake struck off Quezon on Friday, Nov. 10. The Philippine Institute of Volcanology and Seismology said the quake hit at 1:20 p.m. The epicenter was 33 kilometers northeast of Burdeos. The depth of focus was two kilometers. The following intensities and instrumental intensities were reported: Intensity Intensity II- Burdeos, Quezon Instrumental Intensities Intensity II – Polillo, Quezon Intensity I – Infanta, Quezon No damage to property nor aftershocks were reported.
Iran says expansion of Israel-Hamas war ‘inevitable’
TEHRAN, Nov 10, 2023 (AFP) – Iran’s Foreign Minister Hossein Amir-Abdollahian said Friday that expansion of the Israel-Hamas war has become “inevitable”, amid widespread concern in the region and beyond that the conflict could spread. On October 7, Hamas gunmen stormed across the heavily militarised border from the Gaza Strip to kill more than 1,400 people in southern Israel. Most were civilians. The militants also seized around 240 hostages, according to Israeli officials. Vowing to […]
PHL, Timor-Leste agree to collaborate in fields of civilian commercial aviation, education
Also agree to work on social security pact for professionals (Eagle News) — The Philippines and Timor-Leste have agreed to work together in the fields of civilian commercial aviation and education, and on a social security agreement for professionals. President Bongbong Marcos announced the agreed-upon reconvening of policy consultations to be hosted by Timor-Leste in the near future in a joint press briefing following a bilateral meeting with Timor-Leste President José Ramos-Horta on Friday, Nov. […]
Bears hold off Panthers 16-13 in battle of struggling NFL teams
D’Onta Foreman ran for a go-ahead touchdown as the Chicago Bears rallied for a 16-13 victory over the Carolina Panthers in a battle of NFL division stragglers on Thursday. Foreman’s four-yard TD run put the Bears up 16-10 in the third quarter and they led by three with 1:40 to play when Panthers kicker Eddy Pineiro came up short on a 59-yard field-goal attempt to effectively seal a Chicago win. At 3-7, the Bears are […]
