Trade Secretary ALfredo E. Pascual, Science and Technology Secretary Renato U. Solidum Jr., Information and Communications Technology Secretary Ivan John Uy, NDC General Manager Antonilo DC Mauricio, President Bongbong Marcos Jr., and Kacific executives at the Malacañang Palace on Aug 2, 2023.-Contributed photo MANILA  -The investment arm of the Department of Trade and Industry (DTI) is planning to invest $30 million in Singapore-based Kacific Broadband Satellites Group (Kacific) in exchange for shares in the company and a sizeable stake in the latter's second satellite slated for launch in 2035.

https://business.inquirer.net/413743/ph-eyes-30-m-infusion-into-singapore-based-satellite-firm

#inquirer