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Real Estate players hails Budget 2023: Lauds government's move to boost infrastructure

New Delhi [India], February 3 (ANI/NewsVoir): India's real estate fraternity has reacted positively to the Union Budget 2023 presented by the Finance Minister on February 1st, 2023. The Union Budget for this year was primarily aimed at boosting the Indian economy and revitalising it. The real estate industry is optimistic about the incentives and schemes that were announced in the budget for their sector and is looking to leverage them for increased growth and development. Pradeep Aggarwal, Founder & Chairman, Signature Global (India), Ltd., said, "The Finance Minister announced that infrastructure and investment will be the government's third priority, and capital expenditures will be increased by 33% to accelerate the country's development. This increased spending is expected to help create more jobs, spur economic growth, and create a more prosperous nation. Also, in order to convert cities from manholes to machine holes, an urban infrastructure development fund ....

New Delhi , Trehan Iris , Santosh Agarwal , Aman Trehan , Pradeep Aggarwal , Trident Realty , Infrastructure Development Fund , Alpha Corp , Infra Fund , Union Budget , Signature Global India Ltd , Omaxe Ltd , Finance Minister , Signature Global , Pradhan Mantri Awas Yojana , Executive Director , Urban Infrastructure Development Fund , Director Finance , Urban Infra Fund , Vineet Taing , Chief Executive Officer , Vatika Business Centres , Group Chairman , New Delhi India , Ebruary 3 Ani Newsvoir India 39s Real Estate Fraternity Has Reacted Positively To The Union Budget 2023 Presented By Finance Minister On February 1st , 023 The Union Budget For This Year Was Primarily Aimed At Boosting Indian Economy And Revitalising It Real Estate Industry Is Optimistic About Incentives Schemes That Were Announced In Their Sector Looking To Leverage Them Increased Growth Development Pradeep Aggarwal ,

Only 27 kidnap cases logged since January: PNP

MANILA - The Philippine National Police (PNP) dismissed the claim of a business group saying there had been 56 kidnapping incidents in the country in the last 10 days. PNP spokesperson Col. Jean Fajardo, in a press briefing in Camp Crame on Wednesday, said they only recorded 27 kidnapping cases in the country since January, which is only less than half of the figure claimed by the Philippine Chinese Chamber of Commerce and Industry (PCCCI). "For this year, they (AKG officials) recorded 27 and many of these cases are POGO (Philippine Offshore Gaming Operations)-related," Fajardo said. She added that the PCCCI has not shown any proof to support its claim. Of the total 27 cases, Fajardo said 11 have been already "solved", meaning the charges were already filed and the suspects were already arrested; four are considered "cleared" or charges were already filed but the suspects are still at-large; while the remaining 12 are still under investigation. Of the said ....

Lugene Ang , Jean Fajardo , Kidnapping Task , Philippine National Police , Kidnapping Group , Philippine Chinese Chamber , Camp Crame , Philippine Offshore Gaming Operations , Kidnapping Task Force , Anti Kidnapping Group , Manila The Philippine National Police Pnp Dismissed Claim Ofa Business Group Saying There Had Been 56 Kidnapping Incidents In Country Last 10 Days Spokesperson Col Jean Fajardo , Na Press Briefing In Camp Crame On Wednesday , Aid They Only Recorded 27 Kidnapping Cases In The Country Since January , Hich Is Only Less Than Half Of The Figure Claimed By Philippine Chinese Chamber Commerce And Industry Pccci Quot For This Year , Hey Akg Officials Recorded 27 And Many Of These Cases Are Pogo Philippine Offshore Gaming Operations Related , Uot Fajardo Said She Added That The Pccci Has Not Shown Any Proof To Support Its Claim Of Total 27 Cases , Ajardo Said 11 Have Been Already Quot Solved , Eaning The Charges Were Already Filed And Suspects Arrested Four Are Considered Quot Cleared Or But Still At Large While Remaining 12 Under Investigation Of Said Resolved Cases , Even Are Related To Pogos , Hree Are The Traditional Kidnap For Ransom And One Is Casino Related She Said These Cases Usually Due To Failure Of Victims Pay Their Debt , Hus They Were Abducted By Fellow Pogo Workers To Force Them Pay Fajardo Said Officials Of The Pnp Anti Kidnapping Task Met With Pccci On Tuesday Clarify Matter During Meeting , Ajardo Said Pccci Officials Failed To Substantiate Their Claim About The 56 Kidnapping Cases Quot They Someone Reported Them These Incidents , Uot Said Fajardo Quot The Pccci Was Enlightened That There Are No 56 Kidnapping Cases For Last 10 Days When Pnp Akg Anti Group Showed Data , Hey Pccci Officials Were Enlightened That For 2022 , He Record Is 27 Kidnapping Cases , Uot Fajardo Said The Pccci Revealed Information About 56 Kidnapping Cases Duringa Press Conference At House Of Representatives Last Tuesday President Lugene Ang Told Members And Pnp That Based On Their Records ,

Ukraine-Russia conflict has little direct impact on PH trade: BSP

MANILA - The Ukraine-Russia conflict is expected to have a limited direct impact on the Philippines' trade sector, a Bangko Sentral ng Pilipinas (BSP) official said Friday. The Philippines' total exports to Russia in 2021 amounted to about USD120 million, or about 0.2 percent of its total exports, while the country's exports to Ukraine totaled USD5 million, BSP Department of Economic Research Managing Director Zeno Ronald Abenoja said in a virtual briefing aired over the central bank's Facebook page. Philippine imports to Russia in the same year comprised 0.6 percent of its total imports, and for Ukraine, 0.1 percent, Abenoja said. "These numbers indicate that direct trade linkages are quite very, very low. However, probably the impact, the possible ramifications of the tensions in the European region, could be traced more on the impact of the escalation on our major trading partners, including EU (European Union) and the US," he said. Abenoja said the war' ....

Zeno Ronald Abenoja , Bangko Sentral , Department Of Economic Research , Eu European Union , European Union , Monetary Board , Manila The Ukraine Russia Conflict Is Expected To Havea Limited Direct Impact On Philippines 39 Trade Sector , A Bangko Sentral Ng Pilipinas Bsp Official Said Friday The Philippines 39 Total Exports To Russia In 2021 Amounted About Usd120 Million , R About 0 2 Percent Of Its Total Exports , Hile The Country 39s Exports To Ukraine Totaled Usd5 Million , Sp Department Of Economic Research Managing Director Zeno Ronald Abenoja Said Ina Virtual Briefing Aired Over The Central Bank 39s Facebook Page Philippine Imports To Russia In Same Year Comprised 0 6 Percent Its Total , Nd For Ukraine , 9 1 Percent , Benoja Said Quot These Numbers Indicate That Direct Trade Linkages Are Quite Very , Ery Low However , Robably The Impact , He Possible Ramifications Of The Tensions In European Region , Ould Be Traced More On The Impact Of Escalation Our Major Trading Partners , Ncluding Eu European Union And The Us , Uot He Said Abenoja The War 39s Bigger Impact On Country To Date Is Quot Probably Elevated Prices Of International Commodities , Articularly Oil Quot He Explained That Jumps In Prices The International Market Affect Philippines 39 Import Bill , Which In Turn , Ould Result In Pressures On The Current Account And Balance Of Payments Bop Position For Year Abenoja Noted That Baseline Projections By Monetary Authorities Crude Oil Prices This Have Been Revised Up To An Average Usd100 Per Barrel Relatively , He Central Bank 39s Policy Making Monetary Board Has Revised The Bsp Bop Position For This Year And Next , Iven The Impact Of Both Domestic And External Developments Bsp 39s Latest Bop Projection For Year Is Ata Deficit Usd4 3 Billion , Hich Is About 1 Percent Of The Gross Domestic Product Gdp ,