Despite the nearly two percent hike in foreign borrowings, the national government’s outstanding debt fell to ₱17.455 trillion in September, though officials warned that further reductions will depend heavily on the peso’s strength against the United States (US) dollar. National Treasurer...
President Marcos, who joined boxing fans to commemorate the 50th anniversary of the legendary “Thrilla in Manila," has honored the new generation of Filipino boxing champions. "Fifty years ago, the world watched the Philippines host one of the greatest boxing matches in history. The Thrilla in...
President Marcos has ordered several government agencies to significantly cut project costs for public infrastructure projects such as agricultural roads, hospitals, classrooms, and irrigation in an attempt to eradicate corruption. After instructing the Department of Public Works and Highways...
Describing the meeting between United States President Donald Trump and Chinese President Xi Jinping as the "largest shock" in the world trade system, President Marcos said the meeting of two of the world 's powerful leaders would "color and influence" the 32nd Asia-Pacific Economic...
Manuel V. Pangilinan-led PXP Energy Corp. plans to expand its exploration footprint in the Northwest Palawan basin, anticipating the award of two additional service contracts (SCs) as it seeks to boost its reserves amid widening losses. In a disclosure to the Philippine Stock Exchange on Thursday,...
President Marcos has departed for South Korea with confidence that his attendance at the 32nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting will produce concrete and meaningful outcomes. "I am fully confident that our participation in the APEC Economic Leaders’ Meeting...
Former Ilocos Sur governor Luis “Chavit” Singson is prodding the Independent Commission on Infrastructure (ICI) to launch a full investigation into the flood control projects in Ilocos Norte--the home turf of the Marcoses. Singson made the call in a 15-minute video statement, wherein he claimed...
Manila Mayor Francisco “Isko Moreno" Domagoso announced on Wednesday, Oct. 29, that the Manila city government is preparing to launch a fresh milk feeding program for more than 100,000 children enrolled in daycare centers, as part of efforts to boost nutrition and support local dairy farmers....
The Department of Public Works and Highways (DPWH) will seek the endorsement of top environmental and flood management experts before including any flood control projects in its 2027 budget. DPWH Secretary Vince Dizon made the announcement during a Wednesday meeting with University of the...
All 24 senators have now made their Statements of Assets, Liabilities, and Net Worth (SALNs) public. Among the latest to release their SALNs were the remaining members of the minority bloc—Senate Minority Leader Alan Peter Cayetano, Senator Ronald “Bato” dela Rosa, and Senator Imee Marcos....
The urgency of filling up thousands of unoccupied positions in the Philippine civil service has come to the fore anew in the current Senate deliberations on the proposed government budget. Last year, President Marcos, upon the Department of Budget and Management’s recommendation, allowed the...
Ranking congressmen have welcomed President Marcos ' enactment of the Anti-POGO Act, which according to them should have been done a long time ago. Bicol Saro Party-list Rep. Terry Ridon and Mamamayang Liberal (ML) Party-list Rep. Leila de Lima cited on Wednesday, Oct. 29 the negative impact...
