The government is maintaining its ₱360 billion excise tax target for this year, betting on domestic resilience even as the government prepares to potentially sacrifice billions in fuel revenue to offset Middle East oil shocks. This comes despite the likelihood that President Ferdinand Marcos Jr....
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is pushing for the proposed Casiguran international seaport to be declared a national priority, as the investment promotion agency (IPA) ramps up efforts to secure investor backing for the big-ticket infrastructure project. APECO...
The Philippines is facing an inflationary shock that could spill over to slower economic growth, potential job losses, and more capital market outflows amid a prolonged Middle East conflict, according to the World Bank. The global oil price and supply shock wrought by the war in Iran would “raise...
Manila 3rd district Rep. Joel Chua agrees with the notion that the impeachment proceedings against Vice President Sara Duterte is a testing ground for her "fitness" as chief executive, especially given her presidential aspirations in the 2028 elections. This, as Chua wondered what would happen if...
Senate President Pro Tempore Panfilo “Ping” Lacson on Sunday, April 5 said he will support the Marcos administration should it decide to enter a joint exploration venture with China in order to help boost the country’s energy reserves. Lacson, however, stressed any such arrangement for a...
President Marcos declared April 10 to 16 of every year as Economy, Planning, and Development Week. Marcos made the declaration through Proclamation No. 1205, which also proclaimed the 10th of April of every year as the Department of Economy, Planning, and Development (DEPDev) Day. Proclamation No....
President Marcos has reminded Filipinos that hope and faith will always prevail over hardship, as he joined the nation in celebrating Easter Sunday. In a Facebook post on April 5, the President emphasized that Easter highlights the enduring power of hope, even in the most difficult times. “Today,...
The Supreme Court (SC) will hold starting Tuesday, April 7, oral arguments on four consolidated petitions that challenged the constitutionality of the unprogrammed funds and special accounts in the 2024, 2025, and 2026 national budgets. The arguments will start at 9:30 a.m. at the SC’s full court...
ILOILO CITY – Former Iloilo Rep. Salvador “Buddy” Bas Britanico passed away on Good Friday. He was 88. The family announced on social media that the former assemblyman during the administration of President Ferdinand E. Marcos Sr. and party-list congressman died “after a long and difficult...
Residents of a remote island barangay in Zamboanga City, long surrounded by seawater but with little to drink, are now able to access safe drinking water following the installation of a government desalination system, the Department of Environment and Natural Resources (DENR) said. DENR Secretary...
President Marcos has called on Filipinos to embrace hope, unity, and compassion as the nation celebrates Easter Sunday, marking the culmination of Holy Week. “I join the entire Filipino nation in celebrating Easter Sunday, the triumphant culmination of Holy Week and the sacred proclamation of...
Iran is not imposing any "toll fees" on Philippine-flagged oil vessels passing through the Strait of Hormuz following Tehran 's assurance of their unhampered passage. "On question regarding the reported toll fee, there is no toll fee," the Department of Foreign Affairs (DFA) said after...
