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PEZA, SMBC, and RCBC collaborate to draw in Japanese capital.

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 PEZA, SMBC, and RCBC collaborate to draw in Japanese capital. To draw in more Japanese investment, the Philippine Economic Zone Authority (PEZA) has teamed up with Sumitomo Mitsui Banking Corp. (SMBC) and Rizal Commercial Banking Corp. (RCBC). With SMBC and RCBC, PEZA established a memorandum of understanding (MOU) designating them as partners in the agency's investment promotion efforts. According to PEZA director-general Tereso Panga, "the goal of this MOU is to promote economic development—constantly positioning the nation as an appealing investment destination characterized by agility and responsiveness to the needs and demands of our dynamic investors." Our distinguished Investment Promotion Partners (IPPs) will work together to actively promote and grow investments, particularly those from Japanese businesses, he continued. Having registered 807 commercial enterprises (RBEs) under the PEZA, Japan continues to be the leading country in terms of ecozone investment. A...
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  Six T-129 "Atak" helicopters have been delivered to PAF by a Turkish company. Six T-129 "Atak" assault helicopters have been delivered by Turkish Aerospace Industries to the Philippine Air Force (PAF). The delivery of the six T-129s is part of Horizon 2 of the Armed Forces of the Philippines (AFP) Modernization Program. Its contract, signed on July 20, 2020, is worth $269 million. All-weather assault helicopter with two engines, tandem seats, and several roles equipped with a range of weapons, missiles, rockets, sensors, and targeting systems is the T-129. It can go 250 nautical miles at a speed of 120 mph. In addition to the two T-129s, the PAF will commission an air surveillance radar system manufactured in Japan that it purchased from Mitsubishi Electric Corporation. This equipment is covered under a P5.5 billion contract.
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Marcos and Duterte promise changes in PH education.

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  Marcos and Duterte promise changes in PH education. Declaring that the school system of the Philippines ought to place the children of the country "at the center of our great reform movement," President Ferdinand Marcos Jr. pledged on Thursday to keep changing it "to ensure that no one is left behind." Marcos invited the Filipino people to work with the administration to transform the nation's educational system as envisioned in the "Bagong Pilipinas (New Philippines)" campaign during his speech during Vice President and Education Secretary Sara Duterte's Basic Education Report (BER) 2024 at the Sofitel Philippine Plaza in Pasay City. The realization of the "Bagong Pilipinas," he stated, is contingent upon everyone's sustained efforts to overhaul the educational system for the benefit of Filipino youth. The introduction of the Matatag curriculum, enhanced teacher welfare, digitization, and the construction of additional classrooms a...
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