Corruption woes wipe out P1.7 trillion wealth in stock market – SEC

MANILA, Philippines — Philippine stock market investors lost P1.7 trillion in just three weeks because of corruption behind anomalous flood control projects, according to the Securities and Exchange Commission (SEC). Francis Lim, chair of the SEC, recently told financial executives the billion-peso flood control project scandal had already shaken public confidence, impacting the country’s overall

Will a Chinese firm’s Bali beach lift project alter the local landscape?

The Bali heat proved too much for Zhang Min, a 30-year-old tourist from Chengdu, one afternoon last month. She had made it to a cliff above one of the Indonesian holiday destinations most sought-after scenic spots, but was exhausted by the journey. The roads are really poor, Zhang said as her group stopped above the T. Rex-shaped headland a unique land mass that has made Kelingking one of the worlds most photographed beaches. Her group opted against hiking down a steep, sun-exposed trail.

Philrice testing rice farm pest control via drones

MANILA, Philippines – The Philippine Rice Research Institute (PhilRice) is using drone technology to spray herbicides and manage weeds in rice plantations. According to PhilRice, researchers discovered that drones can effectively control weeds in wet direct-seeded rice, which could transform weed management into a modern farming practice. “This is especially useful for large rice fields

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