Latest news with #aligns
GMA Network
4 hours ago
- Business
- GMA Network
DOF, DEPDev, DILG ink joint investment facilitation accord
The Department of Finance, the Department of Economy, Planning, and Development, and the Department of the Interior and Local Government have formed an inter-agency partnership to streamline and harmonize investment facilitation efforts in the country. In a statement on Wednesday, the Board of Investments said the three executive departments signed the Joint Memorandum Circular institutionalizing the Investment Facilitation Network (INFA-Net). The JMC was signed by Finance Secretary Ralph Recto, Economic Planning Secretary Arsenio Balisacan, and Interior Secretary Juanito Victor Remulla. The BOI said the inter-agency accord 'operationalizes whole-of-government collaboration in facilitating investments' in line with major policy directives, including Executive Order No. 18 on Green Lanes for Strategic Investments, EO No. 32 on streamlining permits for telecommunications and internet infrastructure, and EO No. 59 on streamlining permits for infrastructure flagship projects. The JMC, likewise, reinforces the agencies' collective commitment to simplify processes, strengthen coordination, and enhance support for strategic and high-impact investments in the Philippines, according to the investments promotion agency. The BOI said the joint circular aligns with President Ferdinand 'Bongbong' Marcos Jr.'s mandate on fostering a more agile, investor-focused government that acts in unison to deliver sustainable and inclusive economic growth. The agency said the accord reflects the government agencies' shared commitment to break down barriers, reduce red tape, and to send a strong message that the Philippines is open for business. —AOL, GMA Integrated News
Time of India
a day ago
- Automotive
- Time of India
DPIIT ties up with Ather Energy to boost EV manufacturing and clean mobility ecosystem
The electric two-wheeler manufacturer, Ather Energy, has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. According to an official statement by the Ministry of Commerce & Industry on Tuesday, the MoU aims to accelerate the growth of India's clean mobility and advanced manufacturing sectors. As per the MoU Ather Energy, will collaborate with DPIIT under the Build in Bharat initiative led by the Startup Policy Forum (SPF). The SPF is a coalition of over 50 innovation-focused startups working towards building a strong ecosystem for manufacturing in India. The MoU outlined a comprehensive partnership that will include strategic mentorship for deep-tech startups, infrastructure support for startups in the EV value chain, and joint innovation programs such as the Bharat Startup Grand Challenge. The collaboration will also include co-hosted talent and skill development initiatives, participation in key startup events like Startup Mahakumbh, and on-ground exposure visits to foster learning and networking. The MoU was signed in the presence of Joint Secretary, DPIIT, Sanjiv Singh, and Co-founder and CEO of Ather Energy, Tarun Mehta. The partnership is expected to create a more supportive environment for manufacturing-oriented startups and contribute significantly to India's transition towards sustainable transportation . Speaking at the signing ceremony, Joint Secretary, DPIIT, Sanjiv Singh said, "The electric mobility sector in India is entering a transformative phase. Through this partnership with Ather Energy, we aim to catalyse the development of an enabling environment where startups can contribute meaningfully to EV manufacturing , battery innovation, and clean energy solutions." Echoing the significance of the partnership, Co-founder and CEO of Ather Energy, Tarun Mehta said, "We are happy to collaborate with DPIIT to strengthen support systems for hardware and deep-tech startups. With policy support and stronger industry participation, this initiative can help founders tackle core technology challenges and scale high-quality products from India." Shweta Rajpal Kohli, President and CEO of the Startup Policy Forum, added, "This partnership between DPIIT and Ather Energy brings to life the Startup Policy Forum's Build in Bharat initiative. Unlocking the potential of India's manufacturing sector through collaboration is key to building a globally competitive innovation ecosystem." This collaboration is expected to open up new opportunities for startups in the EV and manufacturing sectors, while contributing to a self-reliant and future-ready startup ecosystem that aligns with India's climate and industrial goals.
Qatar Tribune
2 days ago
- Business
- Qatar Tribune
DAAM awarded ISO certification for ISMS
QNA Doha The Social and Sport Contribution Fund (DAAM) has been awarded the ISO/IEC 27001:2022 accreditation certificate for Information Security Management System (ISMS), after fulfilling all internationally recognized standards and requirements. This achievement reflects DAAM's commitment to implementing global best practices in information governance, enhancing administrative efficiency, and fostering a culture of quality in the workplace. The ISO/IEC 27001:2022 is one of the leading international standards for assessing an organization's ability to manage and protect information security at all stages. Furthermore, it ensures business continuity and boosts the preparedness of systems and procedures to address various operational conditions. The standard emphasizes the capabilities development of the technical and administrative teams handling data with the highest levels of security and confidentiality, ultimately contributing to improved institutional performance and sustainable operations. On this occasion, Chief Executive Officer of DAAM, Abdulrahman bin Abdullatif Al Mannai stated: 'Receiving the ISO/IEC 27001:2022 certification is a significant milestone that reflects our commitment to adopting the highest international standards in information security management. It aligns with DAAM's contribution to achieving the goals of Qatar National Vision 2030 by enhancing institutional efficiency and embracing the latest technological and administrative practices.' Since its inception in 2010, DAAM has laid the foundation stone for many vital projects and initiatives in the social, sport and cultural fields, and the contributions of companies listed on the Qatar Stock Exchange are considered among the Fund's most important financial resources, making them an essential partner in achieving sustainable community development.
Business Recorder
6 days ago
- Business
- Business Recorder
Zindigi launches Visa Virtual Debit Card
KARACHI: Zindigi, powered by JS Bank, has introduced its Visa Virtual Debit Card. A secure, fully digital payment solution that can be created instantly via the Zindigi app, the virtual card enables seamless local and international transactions without a physical card, marking a leap in the country's fintech sector. The virtual card prioritizes convenience and security. Users can generate it with one click, use it immediately for online purchases or global services, and benefit from 3D secure authorization for fraud protection. Features include options to block or unblock the card, toggle between local and international transactions, and set spending limits. 'At Zindigi, we're focused on simplifying the lives of our customers. The Visa Virtual Debit Card is more than just a product, it's a step toward true digital freedom, empowering users to transact globally with ease while staying in full control of their finances, securely and instantly,' said Faisal Khalid, Chief Product Officer at Zindigi. Zindigi's innovation aligns with its mission to transform Pakistan's financial landscape. The platform, among the top-downloaded financial apps in Pakistan, has driven wealth management growth and introduced features like in-app stock trading, US dollar-based freelancers account and customizable banking. Copyright Business Recorder, 2025
Barnama
22-07-2025
- Business
- Barnama
BTCS Inc. ETH and Cash Market Value Now $242 Million
SILVER SPRING, MD, July 22 (Bernama) -- BTCS Inc. (Nasdaq: BTCS) ('BTCS' or the 'Company'), a blockchain technology-focused company, short for Blockchain Technology Consensus Solutions, today announced that the combined market value of its 55,788 ETH holdings, cash¹, and other liquid holdings are approximately $242.2 million, based on an ETH price of $3,600. Additionally, the Company has agreed to issue $10 million in convertible notes through its previously established $56 million arrangement with ATW Partners LLC. While the funding is extremely modest relative to the $189 million raised year-to-date, the nearly 200% conversion premium is consistent with, and further demonstrates, BTCS's execution of its hallmark DeFi/TradFi Accretion Flywheel strategy. The Company limited this financing to $10 million as part of its strategy to maintain financial flexibility for opportunistic future leverage while maintaining its loan-to-value ratio below 40%. This approach aligns with BTCS's commitment to maximizing ETH exposure and minimizing shareholder dilution.
