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IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines) Top Online Gambling Sites in the Philippines Philippines AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud.

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. How do I place a bet? THE Philippine National Police (PNP) has yet to receive any information regarding the supposed arrest warrant against former President Rodrigo Duterte.The arrest warrant was allegedly issued against Duterte in relation to the investigation being conducted by the International Criminal Court (ICC) on the crimes against humanity in the implementation of his war on drugs.In a press conference on Wednesday, February 7, 2024, PNP chief of the Public Information Office (PIO) Colonel Jean Fajardo answered in affirmative when asked if the PNP will not enforce an arrest warrant issued by the ICC against Duterte, as she maintained that the body has no jurisdiction over the country. “Yes (we will not enforce it) because there is already a question of jurisdiction kasi ito ay sa tingin natin ay panghihimasok sa sovereignty ng ating bansa at lagi nating sinasabi hindi lang on the eyes of the PNP, pati na rin sa mga concerned government agencies na ang judicial system natin is working,” she said.“This is not only about our former President. This is also applicable to an ordinary citizen na maaaring magkakaroon ng kaso outside ng jurisdiction ng PNP. There is certain coordination that is required under our existing laws. As long as ‘yung mga batas natin dito ay umiiral at merong legal na basehan para tayo tumulong at makipag cooperate sa foreign counterparts, then the PNP will cooperate. However, in this issue, it is very clear that they have no jurisdiction over any person within the jurisdiction of the Philippines,” she added.Earlier, former presidential spokesperson Harry Roque expressed alarm over the impending arrest of Duterte based on an arrest warrant from the ICC.Roque said an unfazed Duterte vowed that the ICC will “never get him alive.”“Since he is already 80 years old, Tatay Digong would fight all attempts to have him detained and prosecuted in The Hague for alleged crimes committed in Philippine territory. He would only submit himself to the jurisdiction of our domestic courts,” Roque said.Roque appealed to President Ferdinand Marcos Jr. to issue a presidential memorandum circular prohibiting all agencies under the Executive branch, the Armed Forces of the Philippines, and the Philippine National Police from cooperating with the ICC, given that the Philippines had ceased being a member to the body. (TPM/SunStar Philippines)

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THE Philippine National Police (PNP) has yet to receive any information regarding the supposed arrest warrant against former President Rodrigo Duterte.The arrest warrant was allegedly issued against Duterte in relation to the investigation being conducted by the International Criminal Court (ICC) on the crimes against humanity in the implementation of his war on drugs.In a press conference on Wednesday, February 7, 2024, PNP chief of the Public Information Office (PIO) Colonel Jean Fajardo answered in affirmative when asked if the PNP will not enforce an arrest warrant issued by the ICC against Duterte, as she maintained that the body has no jurisdiction over the country. “Yes (we will not enforce it) because there is already a question of jurisdiction kasi ito ay sa tingin natin ay panghihimasok sa sovereignty ng ating bansa at lagi nating sinasabi hindi lang on the eyes of the PNP, pati na rin sa mga concerned government agencies na ang judicial system natin is working,” she said.“This is not only about our former President. This is also applicable to an ordinary citizen na maaaring magkakaroon ng kaso outside ng jurisdiction ng PNP. There is certain coordination that is required under our existing laws. As long as ‘yung mga batas natin dito ay umiiral at merong legal na basehan para tayo tumulong at makipag cooperate sa foreign counterparts, then the PNP will cooperate. However, in this issue, it is very clear that they have no jurisdiction over any person within the jurisdiction of the Philippines,” she added.Earlier, former presidential spokesperson Harry Roque expressed alarm over the impending arrest of Duterte based on an arrest warrant from the ICC.Roque said an unfazed Duterte vowed that the ICC will “never get him alive.”“Since he is already 80 years old, Tatay Digong would fight all attempts to have him detained and prosecuted in The Hague for alleged crimes committed in Philippine territory. He would only submit himself to the jurisdiction of our domestic courts,” Roque said.Roque appealed to President Ferdinand Marcos Jr. to issue a presidential memorandum circular prohibiting all agencies under the Executive branch, the Armed Forces of the Philippines, and the Philippine National Police from cooperating with the ICC, given that the Philippines had ceased being a member to the body. (TPM/SunStar Philippines) How do I place a bet? IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines)

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IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines), check the following table to see what categories most online casinos in the Philippines fit in.

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. Top Online Gambling Sites in the Philippines . Learn everything about ⭐ the best online casino in Philippines. Our review of the top PH casinos will take you through their ☑️ bonuses, payouts, and games. here is how to register at an online casino site in the Philippines:

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IN A bid to sustain the country’s current growth momentum and make its economy stronger, President Ferdinand “Bongbong” Marcos Jr. said his administration is focusing on re-skilling and upskilling the Philippines’ workforce, enhancing efforts to adapt to new technologies and attracting more investments.During the question and answer session of the World Economic Forum (WEF) on East Asia at Malacañang on Tuesday, March 19, 2024, with WEF President Børge Brende, Marcos raised the need for Filipino laborers to improve their competitiveness and keep up with the advancements under the new economy, both domestically and internationally.“Whenever we speak on investments I always ask the prospective investor if we have in fact a training program, if there is a transfer of technology, because this is going to be essential,” he said.“This continuous training and upskilling of our workers is conducted not only so that they are able to work in the areas that are important in the new economy. And also we have a very significant part of our economy is dependent on our overseas workers,” he added.Marcos said they are also paying attention to directing investment properly to ensure that it actually helps the country’s economic growth.“We now move on with the initiatives that we would like to introduce. And those are, what I spoke of in my speech, the investment that comes from private partners (but) government to government investments are also something that we are hoping to increase,” the President said.“And these investments also must be directed properly. They cannot be just investments that are perhaps very profitable but do not really help the economy grow. So [it] is still the main aim. I think, we [have] grown the idea… that we grow the economy out of the doldrums of the post-pandemic situation,” he added.Capital investment in new sectors will also be key, Marcos said, citing investments in digital space, new technologies and industries such as green minerals processing and battery production.In his speech during the WEF, Marcos highlighted the reforms his administration instituted for economic development and the ease of doing business in the Philippines to entice more investors to put up or expand their businesses in the country.He noted the revised implementing rules and regulations (IRR) of the Build-Operate-Transfer Law followed by the revisions of the Public-Private Partnerships (PPP) Code.He reiterated that now is the right time for foreign investors to invest in the country, saying that “our economic liberalization measures signal the dawn of a new era of investments here in the Philippines.”“Clearly, the Philippines is in a prime position to enter into a sustained period of robust economic expansion over the next couple of years,” Marcos said.“I extend an invitation to our guests and partners here today to join us in this exciting new phase. The members of the economic team are here today ready to discuss those opportunities that I speak of in greater depth,” he added.Marcos highlighted the 185 Infrastructure Flagship Projects, which offer high rates of return and benefit from a streamlined process. These projects strategically target important sectors for sustainable development in the Philippines, including physical and digital connectivity, agriculture, energy, health, and climate-resilient infrastructure.He also noted that investments, particularly in durable equipment and public construction, emerged as a key driver in the full-year growth of the Philippine economy.The WEF Country Roundtable in the Philippines is the first high-level to be convened in the Asia-Pacific region since the end of the pandemic.OptimismBrende said it was the result of Marcos’ participation in the WEF in Switzerland in January last year that created a lot of interest and optimism in the Philippines.“There is a lot of optimism in the Philippines but also around the Philippines globally. We had a dialogue there and it was very, very well-received and a lot of companies that are partners with the World Economic Forum said that they would like to have a roundtable, to meet with the Filipino secretaries, [and] also to meet with President Marcos,” he said in a press conference.“Go a little bit deeper on the reforms and outlook for the Philippines and since then, in one and a half years’ time, the economy here has really shown how resilient it is,” he added.Brende expressed belief that if the Philippines continues its current policy reforms, upgrading infrastructure, as well as investing in renewables and other areas, it will continue to grow and could remain bullish.“I think that this can be in the coming decade, US$ 2 trillion economy if there are foreign investments in education, in infrastructure, and also able to draw on the great [competence] of the people of the Philippines,” he said.“The youth is considerable. There [are] also opportunities when it comes to the knowledge-based economy because it’s a big change, it’s a paradigm change we face right now. Productivity can be increased by 30 percent in the coming decade. So if we want to see continued economic growth you have to be part of the intelligence economy,” he added. (SunStar Philippines) How do I place a bet? . It’s always a good idea to take your time and make sure you’ve found the best online casino in the Philippines on the online gambling market that can give you what you want.

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. licensed online casinos THE Philippine National Police (PNP) has yet to receive any information regarding the supposed arrest warrant against former President Rodrigo Duterte.The arrest warrant was allegedly issued against Duterte in relation to the investigation being conducted by the International Criminal Court (ICC) on the crimes against humanity in the implementation of his war on drugs.In a press conference on Wednesday, February 7, 2024, PNP chief of the Public Information Office (PIO) Colonel Jean Fajardo answered in affirmative when asked if the PNP will not enforce an arrest warrant issued by the ICC against Duterte, as she maintained that the body has no jurisdiction over the country. “Yes (we will not enforce it) because there is already a question of jurisdiction kasi ito ay sa tingin natin ay panghihimasok sa sovereignty ng ating bansa at lagi nating sinasabi hindi lang on the eyes of the PNP, pati na rin sa mga concerned government agencies na ang judicial system natin is working,” she said.“This is not only about our former President. This is also applicable to an ordinary citizen na maaaring magkakaroon ng kaso outside ng jurisdiction ng PNP. There is certain coordination that is required under our existing laws. As long as ‘yung mga batas natin dito ay umiiral at merong legal na basehan para tayo tumulong at makipag cooperate sa foreign counterparts, then the PNP will cooperate. However, in this issue, it is very clear that they have no jurisdiction over any person within the jurisdiction of the Philippines,” she added.Earlier, former presidential spokesperson Harry Roque expressed alarm over the impending arrest of Duterte based on an arrest warrant from the ICC.Roque said an unfazed Duterte vowed that the ICC will “never get him alive.”“Since he is already 80 years old, Tatay Digong would fight all attempts to have him detained and prosecuted in The Hague for alleged crimes committed in Philippine territory. He would only submit himself to the jurisdiction of our domestic courts,” Roque said.Roque appealed to President Ferdinand Marcos Jr. to issue a presidential memorandum circular prohibiting all agencies under the Executive branch, the Armed Forces of the Philippines, and the Philippine National Police from cooperating with the ICC, given that the Philippines had ceased being a member to the body. (TPM/SunStar Philippines)

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AGENTS from the National Bureau of Investigation (NBI) National Capital Region (NCR), along with members of the Securities and Exchange Commission (SEC) NCR and Cebu, raided on Thursday night, Feb. 22, 2024, a business establishment in Cebu City that allegedly engaged in fraudulent activities.In an interview with SunStar Cebu on Friday, Feb. 23, Garry Ruiz, special investigator of NBI NCR, said they started looking into Fergus Inc. last November after they were informed by IFW Global, a private investigation agency in Australia that specializes in financial fraud and asset recovery, about its alleged anomalous transactions.Ruiz said IFW Global represents four Australian nationals who claim they lost 1.2 million Australian dollars, or around P43 million, to the company.The NBI NCR did not provide specific details regarding the complaint. Ruiz explained that instead of seeking assistance from the police, most Australians go to a private security firm if they fall victim to financial fraud.He said Fergus Inc., which has two locations in Cebu City, operates a boiler room that entices foreign clients to invest in stock shares, commodities and cryptocurrency. A boiler room, according to investopedia.com, “is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (‘sucker lists’) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.”He said they first raided Fergus Inc.’s office inside a building at the Cebu IT Park past 10 p.m. on Thursday, where they found four computers. When they checked the computers, he said they didn’t find anything that would indicate anything illegal. However, the computers suddenly shut down after 20 minutes.Ruiz said there was probably remote access to the computers.The raiding team proceeded to the second location in Barangay Kalubihan on Friday, where they found several computers and around 20 employees.Ruiz said they arrested a foreign national whom they believed to be the manager and brought him to the NBI 7 office for questioning.SunStar Cebu is withholding the name of the individual pending the filing of charges against him.Ruiz said he believes the second location is the “conversion room” where victims are initially enticed to part with their money.“This is the start of victims being defrauded,” he said.Online opportunitiesRuiz said Fergus Inc. posts financial investment opportunities online. When someone makes an inquiry, that person is immediately contacted by a call agent from the firm, he said.He said Fergus Inc. provided its call agents with scripts and taught them techniques to convince a person to invest.The usual line includes telling potential victims they are making a mistake on missing out on a possible lucrative investment, he said.“So now maliliwanagan yung client kasi magaling magsalita (So now the client will be enlightened because the call agents are very good with words),” Ruiz said.He said Fergus Inc. uses Voice over Internet Protocol, a technology that uses broadband internet connection to make voice calls instead of a regular or analog phone line, to contact clients.He said a client has to shell out US$250 or around P14,000 to be shown the portfolio. Once the client is enrolled, he or she is referred and transferred to call agents at Fergus Inc.’s office at the Cebu IT Park.Ruiz said the foreign national they arrested underwent an inquest proceeding, and was later released.He said they were waiting for the case to be disposed.He said the foreign national and others allegedly involved may be charged with violating Section 11 of Republic Act 11765, or the Financial Products and Services Consumer Protection Act, for committing investment fraud. Top Online Gambling Sites in the Philippines

Some of the most important trends revolve around the changes to the legalisation of online gambling for offshore operators, with President Rodrigo Duterte cracking down on illegal operations in recent years. Otherwise, we’ve identified that the growth in the land-based gambling industry has resulted in job creation for locals, with more than half of all employees in the entertainment sector being employed for gambling and betting activities.

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1 Which is the best online casino in the Philippines?

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If you stick to licensed and regulated operators, you will be in the hands of safe Filipino casino sites. Those have the latest security and encryption technologies in place to protect their users. Gambling can be addictive, so stay safe from its dangers by setting and sticking to a budget. 2022 Philippine Legal Online Casinos .

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There are a lot of safe and reputable online casinos for players from the Philippines to enjoy, though sorting through them can be time-consuming. To make the task simple, our experts put together a list of the certified online casinos in the Philippines that have been tested and proven to offer satisfactory experiences. Here, you can take advantage of How do I place a bet? and plentiful payment options in a completely legal setting.

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