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Sonatrach Inspects 3,576km Gas Pipelines for Economic Stability

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Algeria Launches Major Pipeline Inspection to Secure ⁤Vital Gas Exports

Algiers – Algeria’s state-owned energy giant, Sonatrach, ​has initiated a complete​ inspection‌ of 3,576 kilometers ‌of its gas pipeline network, a critical move to⁢ safeguard the nation’s key export revenue⁣ stream. The project, launched on Thursday,⁤ September 25th, underscores Algeria’s commitment to maintaining⁣ the integrity ​adn long-term reliability of its extensive energy infrastructure.

The inspection contracts have been awarded to ⁢a consortium of Chinese firms: Shenglong Oil And Gas Pipeline inspection Technology Co.,Ltd (SLPI),affiliated wiht Sinopec,and China Petroleum Technology and Growth Corporation (CAIEC). ⁤The 24-month project will employ advanced diagnostic techniques,​ including‌ topographical surveys, pipeline

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Technology

Camtel Revenue: Fixed Lines Plummet, Internet Surges in Cameroon

by Rachel Kim – Technology Editor
written by Rachel Kim – Technology Editor

Cameroon‘s Camtel Navigates Dramatic Revenue Shift ⁤as Fixed-Line Business Plummets

Yaoundé,‍ Cameroon – Camtel, Cameroon’s state-owned​ telecommunications operator, is‌ undergoing a significant change ​as revenue from traditional fixed-line services collapses, offset by surging demand for internet connectivity. A ⁤recent audit reveals a ‍dramatic 90% decline in fixed-line revenue between 2015 and 2020, a result of widespread‍ mobile phone adoption across the country.

Despite this steep drop, Camtel’s fixed-line division remains the company’s primary revenue driver, fueled by the growing appetite for fixed internet services. According‍ to a report by the Accounts⁤ chamber of Cameroon’s Supreme Court,fixed services⁤ accounted for ⁤67% of Camtel’s total ​turnover in 2020,with ‍transport services contributing 18% and mobile services 15%.

The audit data paints a stark ⁤picture of ‌the decline of fixed-line telephony, once the cornerstone of Camtel’s business. Revenue‍ generated from fixed-line telephone services fell​ from CFA20.9 billion in 2015 (out of⁤ a total fixed services turnover of‌ CFA63.9 billion) to a mere CFA1.8 billion in 20

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News

Contractor of ghost projects bags P1 billion in Bulacan flood control deals

by Emma Walker – News Editor
written by Emma Walker – News Editor

SYMS Construction Trading, tagged as the contractor behind several ghost projects in Bulacan province, has bagged a total of 16 flood control projects worth about P1 billion, records from the Department of Public Works and Highways (DPWH) showed.

Project records obtained by The Manila Times showed that of the 16 contracts, SYMS had 14 solo contracts and shared two with Wawao Builders.

The same records showed that 12 of the projects were marked as completed in 2024, three were allegedly finished in 2023 and one was done in 2022.

President Ferdinand Marcos Jr. with Transport Secretary Vince Dizon, Bulacan Gov. Daniel Fernando and Bulusan Barangay Captain Danilo Marin during the inspection of the anti-flood dike along Pampanga River and a flood mitigation structure in Barangay Bulusan, Calumpit, Bulacan. PHOTOS BY REVOLI CORTEZ AND MARK BALMORES/PPA POOL

The contracts were Construction of Flood Control Project Control Structure along Angat River, Barangay Pinagtulayan, Norzaragay, Bulacan (P48,249,967.43); Construction of Revetment at Santa Elena-San Pedro along Angat River, Hagonoy, Bulacan (P38,599,1237.21); Construction of Revetment at Carillo-Abulalas along Angat River at Hagonoy, Bulacan, (P38,599,279.72); Construction of Reinforced Concrete Slope Revetment in Barangay Tikay, Malolos City, Bulacan (P67,549,811.86); Construction of Reinforced Concrete Slope Revetment in Barangay Canalate, Malolos City, Bulacan (P62,724,600); Construction of Reinforced Concrete Slope Revetment in Barangay Bulihan, Malolos City, Bulacan (P62,724,643.44); Construction of Reinforced Concrete Flood Control Structure along Angat River, San Pedro Section, Bustos, Bulacan (P77,199087.48); Construction of Reinforce Concrete Flood Control Structure, Barangay Caliligawan, Malolos City, Bulacan (72,366,243.57); Construction of Flood Control Structure, Barangay Atlag, Malolos City, Bulacan (P72,374,895.37); Construction of Reinforce Concrete Flood Control Structure, Barangay Atlag, Malolos City, Bulacan (P72,374,953.65); Construction of Reinforced Concrete Flood Control Structure, Barangay Sagrada Familia (Purok 4 to Purok 5), Hagonoy, Bulacan (P67,549,901.28); Construction of Reinforced Concrete Flood Control Structure, Barangay Santa Monica (Purok 6 to Purok 7), Hagonoy, Bulacan (P67,549,830.35); Construction of Reinforced Concrete Slope at Sitio Pulo, San Roque, Paombong, Bulacan, (P14,847,428.18); Construction of Flood Mitigation Structure Structure, Barangay San Jose, Calumpit Bulacan (P24,499,119.13); Construction of River Control Project along Bocaue River, Igulot Section (Tributary), Sta. 05t280 to Sta. 05t610, Bocaue, Bulacan (P96,499,997.13); and Construction of Flood Control Structure including Outfall along Barangay Virgen Delos Flores, Santa Barbara and Tiaong, Baliuag, Bulacan (P47,519,329.41).

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Many of the projects have almost similar amounts, having only a difference of several hundreds or thousands of pesos.

The two projects that were jointly implemented by SYMS and Wawao were: Construction of River Control Project along Bocaue River, Igulot Section (Tributary), Sta. 05t280 to Sta. 05t610, Bocaue, Bulacan (P96,499,997.13), completed in 2023 and Construction of Flood Control Structure including Outfall along Barangay Virgen Delos Flores, Santa Barbara and Tiaong, Baliuag, Bulacan (P47,519,329.41), completed in 2022.

Contractor of ghost projects bags P1 billion in Bulacan flood control deals

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that 'not a single hollow block' was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An 'extremely' disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

President Ferdinand Marcos Jr visits what was reported as a completed riverwall project in Baliuag, Bulacan, on Aug. 20, 2025, only to find out that ‘not a single hollow block’ was put in place. The project, which was supposed to have started in February was worth around P55 million, according to government records and was awarded to contractor, Syms Construction Trading. An ‘extremely’ disappointed president threatened to file economic sabotage charges against erring contractors. PHOTO BY MIKE ALQUINTO

Of the 14 projects solely implemented by SYMS, two were reportedly completed in 2023, namely: Construction of Reinforced Concrete Slope at Sitio Pulo, San Roque, Paombong, Bulacan, (P14,847,428.18) and Construction of Flood Mitigation Structure Structure, Barangay San Jose, Calumpit Bulacan (P24,499,119.13), The other 12 were completed in 2024.

Public Works Secretary Manuel Bonoan said he is leaving his fate to President Ferdinand Marcos Jr. amid calls for his suspension or resignation as an offshoot of the more than P500 billion worth of anomalous flood control projects that were implemented from 2022 to 2025.

During a Senate investigation, Bonoan confirmed there were ghost flood control projects in Bulacan.

At the hearing, Bonoan said he has removed the officials of district engineering offices in Bulacan and other areas involved in alleged anomalous flood control projects. The DPWH regional office, for the meantime, would take over the function of the district offices where the officials were removed, he added.

Bonoan said that they were fully documenting everything, and if results of the investigation would prove the involvement of some public works officials, cases would be filed against them.

The DPWH chief said, however, that not all of the flood control projects were started under the Marcos administration.

“Some of the projects on the list were started by the past administration and were completed in 2022 and 2023. The implementing budget for this administration started in 2023 and we included them in our report because that was asked from us,” Bonoan said.

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Business

Cattle Healthcare Market Size to Surpass USD 12.52 Billion by 2033: Key Trends & Forecast

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Global Cattle Healthcare Market Surges to $12.5 Billion by 2033

Demand for Animal Protein and Disease Concerns Fuel Industry Growth

The worldwide market for cattle healthcare is experiencing robust expansion, projected to reach USD 12.52 billion by 2033 from USD 9.09 billion in 2024. This growth trajectory is underpinned by an increasing global demand for animal protein and the persistent challenge of cattle diseases. The sector is set to grow at a compound annual growth rate of 3.44% between 2025 and 2033.

Market Drivers and Emerging Trends

Several key factors are propelling the cattle healthcare market. The rising global appetite for beef and dairy products necessitates healthier, more productive livestock, driving investment in veterinary solutions. According to the U.S. Department of Agriculture, the nation alone holds an inventory of approximately 94.8 million cattle, highlighting the sheer scale of livestock farming. This increased demand for healthy herds fuels the market for vaccines, diagnostics, and specialized feed additives designed to prevent diseases like bovine respiratory disease.

The growing prevalence of cattle diseases, including zoonotic threats such as bovine tuberculosis, further amplifies the need for advanced healthcare. Significant livestock losses due to outbreaks like lumpy skin disease underscore the urgency for effective prevention and treatment. The U.S. government’s allocation of $824 million for H5N1 control demonstrates the seriousness with which these threats are being addressed. This has spurred demand for innovative diagnostics, vaccines, and pharmaceuticals, with companies like Merck Animal Health introducing new anti-infective drugs. Furthermore, growing awareness of the link between animal and human health, with scientists noting over 60% of human infectious diseases originating from animals, makes cattle health a critical public safety concern.

Government support and initiatives are also playing a crucial role. Programs like India’s $25 million Pandemic Fund Project aim to bolster animal health security through vaccination campaigns and disease monitoring. The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has awarded $22.2 million to combat livestock diseases. These initiatives provide vital funding for research, infrastructure, and easier access to essential veterinary products, creating a favorable ecosystem for industry growth.

Emerging trends are also reshaping the landscape. Precision livestock farming, utilizing smart devices and wearable health trackers, allows for real-time monitoring of cattle health, enabling early detection of issues and improving herd management. Zoetis, for example, has introduced a digital monitoring system that significantly reduces disease detection times. The market is also witnessing a strong shift towards antibiotic-free solutions, driven by consumer demand for safer food products and concerns over antimicrobial resistance. This trend is spurring innovation in alternatives like probiotics and vaccines, with companies such as BioZyme Inc. developing new probiotic feed supplements.

Veterinary telemedicine is another significant trend, enhancing access to expert veterinary care, particularly in remote regions. Farmers can now consult with veterinarians and utilize AI-based diagnostics remotely, a development that is cutting costs and expediting diagnoses. This is particularly impactful in regions like the Asia-Pacific, where livestock farming is expanding but veterinary infrastructure may be limited.

Market Segmentation and Regional Dominance

The cattle healthcare market is segmented by product type, including vaccines, pharmaceuticals (such as analgesics, anti-infectives, anti-inflammatories, and parasiticides), and feed additives. Veterinary hospitals represent the largest end-user segment, offering a comprehensive range of services from routine check-ups to emergency care.

Geographically, North America currently dominates the market, holding a significant share of over 36.7% in 2024. This leadership is attributed to the region’s well-established and advanced healthcare infrastructure for livestock.

Leading Companies in the Sector

Key players contributing to the growth and innovation in the global cattle healthcare market include BioZyme Inc., Boehringer Ingelheim International GmbH, Ceva Santé Animale, Elanco Animal Health Incorporated, Merck & Co. Inc., Virbac, and Zoetis Inc. These companies are at the forefront of developing new treatments, diagnostics, and technological solutions to meet the evolving needs of the industry.

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A few weeks after the collapse of the Carola Bridge in Dresden, the Left is calling for massive investments

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

In the “Plan for a Social Bridge Renovation”, which party leader Janine Wissler presented on Monday and reported on by “Ippen-Media”, the party is demanding 15 billion euros annually for the construction and renovation of bridges. “The federal government has been delaying the urgently needed renovation of traffic bridges for years – at the expense of safety. It cannot be the case that bridges in an ‘inadequate’ condition continue to have to be used because the FDP is turning off the investment tap,” says the paper.

The Left is not satisfied with the nine billion euros announced by Federal Transport Minister Volker Wissing (FDP) next year for federal highways and bridges. Of the over 130,000 bridges in Germany, tens of thousands are in need of renovation. The party wants to finance the additional investments, among other things, by moving away from the so-called company car privilege, i.e. the tax relief for company cars. The Left expects an annual increase of around five billion euros. Wissler and her party are also calling for the introduction of a kerosene tax for aircraft. Unlike other modes of transport, kerosene in commercial air transport is exempt from energy tax and therefore enjoys a tax privilege. “The exemption of air transport from energy tax caused a tax loss of around 8.3 billion euros,” write the Left in their position paper. The Left hopes that the investments will create new, local jobs and “ecologically sustainable” relief from traffic. During the construction and renovation period, the party insists on widespread and free public transport. “A social bridge renovation doesn’t just think about concrete and technology, but also about people and the environment. It creates fair jobs, promotes sustainability, reduces traffic and ensures that the costs are distributed fairly,” the party said in the paper.

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Samsung Secures $6 Billion in US Grants for Texas Chip Manufacturing Facility
Business

Samsung Secures $6 Billion in US Grants for Texas Chip Manufacturing Facility

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

In addition to restricting China’s access to chip manufacturing facilities, the US is also making efforts to move chip manufacturing back to the US. In recent decades, chip manufacturing has largely shifted to Asia. To make this happen, the Biden administration is subsidizing chip-making giants like Intel, TSMC and Samsung to build factories in the US.

Samsung has secured more than $6 billion in US government grants for a Texas chip manufacturing facility

As for Samsung, the company already has a chip manufacturing facility in Austin, Texas. In parallel, the giant is also working on another plant in Taylor, Texas. As Bloomberg first reported, the company has secured more than $6 billion in US government grants for this development as part of the CHIPS ACT.

It is important to mention that Samsung has been working on a Texas chip manufacturing facility for quite some time. As noted by Sammobile, they announced a $17 billion investment in the Taylor plant in 2021. That number has now risen to $44 billion, according to people familiar with the development. Samsung is now reportedly preparing to unveil that $44 billion investment for a new chip manufacturing facility in Taylor.

TSMC and Intel are also focusing on chip manufacturing in the US

The CHIPS ACT provides $39 billion in grants and $75 billion in loans and guarantees. This has fueled investments in semiconductor manufacturing well north of $200 billion. Not to mention that companies like TSMC and Intel have also picked up grants from the Biden administration to build state-of-the-art chip manufacturing facilities in the US. The report notes that the two companies have secured $20 billion and $11.6 billion in grants, respectively.

It’s unclear when Samsung’s new facility in Taylor will begin mass production. It was reportedly delayed to 2025 last December. A report by Businesskorea indicated that mass production was initially expected to begin in 2024. The report also speculated that the delay could be related to various issues related to US government subsidies and permits or licenses.

TSMC’s production in Arizona is also being delayed for the same reason. A more recent report indicated that it has scheduled three of its chip factories to begin mass production in 2025, with a fourth scheduled for 2028.

2024-04-13 10:11:27
#Samsung #reveal #billion #investment #chip #factory

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