00:00The Department of Migrant Workers, or DMW, said additional payouts will be made following the release of unpaid salary claims to displace Saudi workers.
00:09This and other stories in tonight's Business News Wrap-Up by Floyd Brentz.
00:17The Investment Corporation, or MIC, the overseer of the state's wealth fund, has established its governance structure and investment principles.
00:25Led by Finance Secretary Ralph Recto, the board has approved frameworks for policies, strategies, and risk management essential for decision-making and portfolio management.
00:37Thousands of Filipino workers in Saudi Arabia unpaid after their employers went bankrupt in 2015-2016 are now receiving their overdue wages.
00:47The Department of Migrant Workers, or DMW, has facilitated the P1.9 billion worth of unpaid salary claims.
00:55With more expected soon through collaboration with Saudi authorities following a commitment made after discussions between President Ferdinand R. Marcos Jr. and Saudi Crown Prince Mohammed bin Salman in November 2023.
01:09The Department of Agriculture, or DA, has warned against selling and using unauthorized vaccine against avian influenza or bird flu.
01:17According to the Bureau of Animal Industries Memorandum Circular No. 35, Medivac AIH5NI is neither registered nor authorized for sale used in the Philippines as required by Food and Drug Administration,
01:31Laws and Avian Influenza Prevention and Control Program of the Animal Health and Welfare Division of BAI.
01:37Therefore, the agency cannot guarantee the quality and safety of the product.
01:43Maynilad Water Services, Inc. plans to invest Php 686 million to convert Sludge Lagoons at Lamesa Compound in a raw water reservoir.
01:53This initiative aims to enhance water storage capacity by 200 million liters sourced from the Angatipo Dam system.
02:01Scheduled for completion by late 2025, the reservoir will mitigate water supply challenges during low inflows, improve treatment efficiency, and sustain service reliability.
02:12Floyd Brents, from the National TV Network, for a new and better Philippines.
Comments