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PBBM meets with Glencore officials
On the sidelines of the World Economic Forum (WEF) organized sessions, President Ferdinand R. Marcos Jr. and Trade Secretary Alfredo Pascual met with Mr. Gary Nagle, Chief Executive Officer (CEO) of Glencore, on Tuesday to discuss the company’s interest to expand mining and processing operations in the Philippines. Glencore, a Swiss multinational company, is one of the largest and globally diversified natural resource companies in the world. They see the Philippines as a potential partner to process nickel and copper resources responsibly and sustainably for use in electric vehicle batteries and energy storage units, among others.

The administration of President Ferdinand R. Marcos Jr. has allotted nearly PhP2 billion for the development and construction of Cordillera Region’s major infrastructures.

The government is undertaking more key infrastructure projects across the Mindoro Occidental, Mindoro Oriental, Marinduque, Romblon, and Palawan (Mimaropa) region to boost its economy, according to President Ferdinand R. Marcos Jr.

Despite the inclement weather, the Office of the President was able to hand over PhP262.453 million in financial assistance, services, loans and subsidy to farmers and fisherfolk affected by the El Niño phenomenon in Romblon, Oriental Mindoro, and Occidental Mindoro.

Farmers and fisherfolk affected by the El Niño phenomenon in Palawan and Marinduque received a total of PhP952.660 million in financial assistance, services, loan assistance, and subsidies from the government of President Ferdinand R. Marcos Jr.

The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos Jr., approved on Monday key changes to the Laguna Lakeshore Road Network (LLRN) Project and other modifications to major infrastructure projects.

President Ferdinand R. Marcos Jr. on Tuesday inaugurated the largest water reservoir project in Iloilo. The inauguration of the water reservoir project, the largest outside Luzon, took place more than 40 years after the completion of its first stage in 1982, during the time of the President’s father, the late President Ferdinand E. Marcos Sr.

President Ferdinand R. Marcos Jr. on Friday led the inauguration of the Mariveles-Hermosa-San Jose (MHSJ) 500 Kilovolt (kV) transmission lines in Bataan.

President Ferdinand R. Marcos Jr. brought PhP205.58 million in financial assistance to farmers and fisherfolk affected by the El Niño phenomenon in the province of Pampanga on Friday.

President Ferdinand R. Marcos Jr. handed over Friday PhP147.6 million to the province of Aurora to help farmers and fisherfolk recover from the effects of El Niño phenomenon that hit the country.