MB Daily News Update: Investment bonanza from PBBM foreign trips

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MB Daily News Update: Investment bonanza from PBBM foreign trips
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Details of these important stories are but a click away in the MB Daily News Update this Friday afternoon, Dec. 23, 2022.

A report from the Department of Trade and Industry showed that the foreign trips that President Ferdinand “Bongbong” Marcos Jr. embarked on have yielded $23.6 billion in investment pledges.

The President has appointed a former Supreme Court justice as the new chairman of the Development Bank of the Philippines . The Department of Health reported that the Omicron subvariant BF.7 has been detected in the country. It’s the same subvariant that’s been driving the current surge in Covid-19 cases in China.

Balmy and rainy weather is expected in Luzon and the Visayas due to the “amihan” and a low-pressure area . THROWBACK THURSDAY — A hologram of late music icon Francis Magalona is shown together with lead vocalist Ely Buendia as Filipino 90s band Eraserheads performs before an audience of 60,000 at its reunion concert dubbed ‘Huling El Bimbo’ at the SMDC Festival Grounds in Parañaque City on Thursday night, Dec. 22, 2022.

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