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MANILA, Philippines — The Philippines was among the fastest risers in a decade in the latest Global Innovation Index (GII) of the World Intellectual Property Organization (WIPO), moving up three places this year to 53rd out of 133 economies.
MANILA, Philippines — Acquisition of more ships and other big-ticket items to improve patrolling in the West Philippine Sea is being eyed by the Armed Forces of the Philippines, as part of the Horizon 3 phase of the AFP modernization program.
As reported by Bilyonaryo [link], Finance USec. Domini Valasquez said that the Department of Finance (DoF) is considering the sale of 145 million shares in Semirara Mining and Power [SCC 33.35, down 1.5%; 316% avgVol] as part of the DoF’s drive to raise P42 billion this year through privatization efforts. The government’s stake in SCC is worth P4.8 billion at the stock’s current market price. SCC dropped 1.5% on the news, led by heavy foreign selling on fairly significant volume.
CAMP VICENTE LIM, Laguna, Philippines — A man reported missing for three days was found dead in Rodriguez, Rizal yesterday morning.
MANILA, Philippines — Philippine Basketball Association player John Amores and his brother yesterday surrendered to the police after they figured in a shooting incident following a heated argument over a basketball game in Lumban, Laguna.
MANILA, Philippines — The Department of Transportation has asked the Land Transportation Office (LTO) to summon the driver of an ambulance who illegally used the EDSA bus lane and nearly ran over a traffic enforcer of the DOTr’s Special Action and Intelligence Committee for Transportation.
COTABATO CITY — Agents of the Philippine Drug Enforcement Agency-9 shut down a clandestine drug den in Ipil, Zamboanga Sibugay and arrested its three operators in a raid at about noontime Tuesday, September 24.