Latest news with #Magno
New Straits Times
27-05-2025
- Business
- New Straits Times
Philippines seeks stronger ties with Malaysia ahead of Asean 2026
KUALA LUMPUR: The Philippines is seeking to strengthen its longstanding ties with Malaysia by identifying new areas of cooperation — not only in trade, but also in investment and tourism. Its signing minister for the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA) Leo Tereso A. Magno said the country had been actively working to enhance trade relations since the formation of BIMP-EAGA in 1994. "Our President, Ferdinand Romualdez Marcos Jr., will assume the Asean chair, and the Philippines will host the Asean Summit in 2026. With regard to improving trade, we have been continuously working on that. "We hope the strong and friendly relations between Malaysia and the Philippines will not only persist but deepen. This includes identifying specific areas for cooperation between our two nations," he said when met on the sidelines of the summit today. Magno, who is also chairperson of the Mindanao Development Authority (MinDA), said that each Asean Summit carried considerable significance — particularly given current global trade tensions, including tariff issues involving the United States. "In my view, it is crucial to discuss matters that affect the global community. I believe Asean provides a platform for member countries to engage in meaningful dialogue on issues impacting all 11 nations," he said. When asked about Malaysia's hosting of this year's Asean Summit, Magno commended the Malaysian government and expressed gratitude for its effective organisation of the event. The 16th BIMP-EAGA Summit, held this morning, aims to enhance collaboration, foster innovative strategies, and reinforce political commitment to initiatives that directly benefit the people of the region. Chaired by President Marcos, this year's summit holds added significance as it marks tangible progress made since the introduction of Vision 2025.
GMA Network
27-05-2025
- Business
- GMA Network
ADB makes fresh commitment of $400 million for Philippines
KUALA LUMPUR — Manila-based lender Asian Development Bank (ADB) has made a fresh commitment of $400 million in loan assistance for the Philippines. Speaking at the 16th Brunei Darussalam-Indonesia-Malaysia-Philippines-East ASEAN Growth Area (BIMP-EAGA) summit on Tuesday, ADB President Masato Kanda said, "Today, I am pleased to share that a $400-million loan for the Philippines is set for approval this year, to strengthen marine ecosystems and support the blue economy under its National Adaptation Plan." He said the ADB has deployed $500 million for agricultural development through policy and regulatory reforms, enhanced public services and financial support, and protection of rural families. According to Mindanao Development Authority chairman Secretary Leo Tereso Magno, ADB has been working with the Philippine government in pursuing the development in the country and the BIMP-EAGA region. "Nandiyan kanina ang ADB, ang ADB tuloy-tuloy ang commitment (ADB was there. ADB's commitment has been continuous). ADB has been helping us, helped us craft BIMP-EAGA vision 2025 and has continued to work with the Mindanao Development Authority to craft and come up with a vision for 2035," Magno told reporters. "They even committed that they will continue their assistance," Magno said. Magno welcomed the assistance, noting that Mindanao would get bulk of the amount allocated for the Philippines. "Halos lahat ng mga efforts na ibinibigay ng ADB na tulong sa BIMP-EAGA, sa Mindanao napupunta at sa Palawan," Magno said. (Most of the efforts being provided by the ADB to BIMP-EAGA go to Mindanao and Palawan.) Still, Magno said Philippine officials would still determine which projects will be covered by the fresh funding from the multilateral lender. The Philippines serves as chairman of this year's BIMP-EAGA Summit. The last one was held in 2023 in Indonesia. Launched in 1994, the BIMP-EAGA initiative boosts growth in trade, investments, and tourism through new intra-regional shipping routes and air links, as well as power interconnection projects. Other key areas of cooperation include agribusiness, tourism, the environment, and socio-cultural education. In a related development, President Ferdinand "Bongbong" Marcos Jr. on Tuesday urged for greater political will in the BIMP-EAGA at the sidelines of the 46th Association of Southeast Asian Nations (ASEAN) Summit and Related Summit. The Philippines has affirmed a shared vision towards a prosperous BIMP-EAGA, according to Marcos. "The path ahead calls for even greater synergy, innovation and political will. I am confident that through our cooperation, we can continue to transform these aspirations that we have held into lasting impacts for our people," Marcos said during the BIMP-EAGA Summit. — VDV, GMA Integrated News
Business Upturn
17-05-2025
- Business
- Business Upturn
GoldHaven Clarifies Technical Disclosure
By GlobeNewswire Published on May 17, 2025, 04:34 IST VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) — GoldHaven Resources Corp. (CSE: GOH) ('GoldHaven' or the 'Company') announces that, based upon a review of the Company's disclosure by the British Columbia Securities Commission ('BCSC'), it wishes to clarify disclosure regarding its Magno and Copecal Projects. The Company's voluntarily filed technical reports (the 'Reports') in respect of the Magno project nor the Copecal project (each available under the Company's profile at do not comply with the requirements of NI 43-101, and accordingly the Company advises readers not to rely on the Reports until such time as the Company has been able to re-file each. Further, the Company wishes to clarify that there is no mineral resource in respect of the Magno Project at this time. Qualified Person R.J. (Bob) Johnston, P. Geo, from Engineers & Geoscientists British Columbia, is a qualified person (as that term is defined in NI 43-101), was engaged by the Company to prepare the above-referenced technical report on the Magno Property, and has reviewed and approved the scientific and technical information in this news release. On Behalf of the Board of Directors Chris Cooper, Chief Executive Officer For further information, please contact: Chris Cooper, CEO [email protected] Office Direct: (604) 629-8254 Cautionary Statements Regarding Forward Looking Information This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed exploration of the Magno Project and the development of any potential mineral resource thereon. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
16-05-2025
- Business
- Yahoo
GoldHaven Clarifies Technical Disclosure
VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. (CSE: GOH) ('GoldHaven' or the 'Company') announces that, based upon a review of the Company's disclosure by the British Columbia Securities Commission ('BCSC'), it wishes to clarify disclosure regarding its Magno and Copecal Projects. The Company's voluntarily filed technical reports (the 'Reports') in respect of the Magno project nor the Copecal project (each available under the Company's profile at do not comply with the requirements of NI 43-101, and accordingly the Company advises readers not to rely on the Reports until such time as the Company has been able to re-file each. Further, the Company wishes to clarify that there is no mineral resource in respect of the Magno Project at this time. Qualified PersonR.J. (Bob) Johnston, P. Geo, from Engineers & Geoscientists British Columbia, is a qualified person (as that term is defined in NI 43-101), was engaged by the Company to prepare the above-referenced technical report on the Magno Property, and has reviewed and approved the scientific and technical information in this news release. On Behalf of the Board of Directors Chris Cooper, Chief Executive Officer For further information, please contact: Chris Cooper, CEO Office Direct: (604) 629-8254 This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed exploration of the Magno Project and the development of any potential mineral resource thereon. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
