Department Of Agriculture Distributes PHP2.6 Million Planting Materials To Ube Farmers In Visayas

DA is intensifying efforts to boost the competitiveness of the Philippine ube industry through targeted agricultural assistance.

Who Was Running The Foundation When The Money Declined?

As scrutiny grows, foundation leaders face pressure to explain not only the funds, but the decisions behind them.

Solar-Powered Water System Serves 700 Households In Pangasinan

Solar energy is helping sustain a community water project that improves access to safe and affordable drinking water.

From PHP4 Million To PHP400,000: Where Did The Money Go?

The UP CMC Foundation controversy highlights how financial questions can quickly become broader concerns about leadership and governance.
Home Business Today European Union May Extend Submarine Cable Project To PH

European Union May Extend Submarine Cable Project To PH

0
1295

Visiting European Commission (EC) President Ursula von der Leyen on Monday said the European Union (EU) is looking into extending its underwater cable project to the Philippines.

Von der Leyen shared this with the European and Filipino business community here during a high-level business event in Makati City.

“European Union is exploring a possible extension of a new fiber submarine cable that will connect the European Union (EU) via the Arctic to Japan, and now we’re looking into the possibility to extend it to the Philippines,” she said.

Von der Leyen said the project will create data connection between Europe and Asia, and is expected to open up new investments between the EU and the Philippines.

Aside from this connectivity project, she reaffirmed EU’s commitment to space cooperation with the Philippine Space Agency (PhilSA) following the launching of the PHP610-million Copernicus Capacity Support Action Programme for the Philippines (CopPhil) last April.

Von der Leyen said the EU and PHILSA are working together to build the first observation system, which data will be made available for space services in the Philippines.

“In other words, the Copernicus data will be in real-time stored and shared in the Philippines through your space agency. This is of utmost importance for example for disaster risk management, or for early warning system against typhoon, a typical topic here for the Philippines. But (this is) also for climate change observation, for satellite navigation which is fundamental for aviation –for example for drones and autonomous driving,” she added.

Von der Leyen said these initiatives are part of a “larger digital economy package” that the EU and the Philippine government are finalizing.

She said these projects will help the Philippines to shape its digital and innovation landscape.

Von der Leyen is on a two-day visit to the Philippines until Aug. 1, and her only stop in Asia, making her the first EC President to officially visit the country. (PNA)

Society Magazine