The country’s economic growth is expected to remain subdued this year as a tighter ₱6.793-trillion national budget limits fiscal support, even as overall government spending rises, according to London-based think tank Capital Economics. In a Jan. 9 report, Capital Economics senior Asia...
Japanese financial giant MUFG Bank Ltd. expects the peso to remain on a depreciating trend against the United States dollar, extending a streak of underperformance fueled by domestic government spending squeeze and fiscal uncertainty. In a research note published on Friday, Jan. 10, MUFG Bank noted...
Nomura Holdings Inc. warned that the Philippines’ credit rating outlook faces a potential downgrade to “negative” if lingering corruption scandal involving flood control funds remains unresolved, threatening to derail the country’s progress toward an “A” grade rating. In a monthly...
Former House quad-committee (quad-comm) co-chairman Joseph Stephen Paduano has slammed as fake the statement being attributed to him regarding the encounter between government troops and New People’s Army (NPA) rebels in Oriental Mindoro. In a social media card shared by Jay Sonza, Paduano was...
Senate President Pro Tempore Panfilo “Ping” Lacson on Sunday, January 11 denounced Sen. Imee Marcos’s allegations of “soft pork barrel” in the 2026 General Appropriations Act (GAA), disclosing that the President’s sister in fact, has an allocable fund worth at least P2.5-billion in the...
Malacañang said the possible filing of impeachment complaint against President Marcos is among the "unsubstantiated statements" coming from supporters of "a certain politician," tagging it as "political maneuverings." In a statement Palace Press Officer and Communications Undersecretary Claire...
Senator Erwin Tulfo urged Congress on Sunday, January 11 to conduct a random inspection of all government projects that are funded under the 2026 General Appropriations Act (GAA). Tulfo pushed for a random on-ground inspection as he expressed support to the creation of a Joint Congressional...
House Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos says the Anti-Political Dynasty Bill is one of 17 Legislative-Executive Development Advisory Council (LEDAC) measures that are docketed for committee deliberation. Rep. Marcos confirmed this ahead of the resumption of sessions on...
President Marcos will leave for the United Arab Emirates (UAE) on Monday, Jan. 12, for a working visit which will include the signing of historic deals. Marcos will be in Abu Dhabi until Jan. 14. During his visit, the President will participate in the Abu Dhabi Sustainability Week, slated from...
Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos reported that the House of Representatives approved on third and final reading in just 22 session days 12 of the 48 priority measures identified by the Legislative-Executive Development Advisory Council (LEDAC). “Under the leadership of...
First Lady Liza Araneta-Marcos said plans are taking shape to make the Pasig River Esplanade safer, cleaner, and more welcoming for both residents and visitors, as preparations continue for a refreshed riverside space in Manila. In an Instagram post, the First Lady said recent discussions focused...
Former Senator Franklin Drilon believes that the Independent Commission for Infrastructure (ICI) can no longer function in its current state, adding that it 's already a "dead" body due to the President 's inaction. In an interview with Usapang Senado on DWIZ, Drilon stated that with...