Despite the single-digit drop in domestic borrowings, the Marcos administration’s foreign debt rose by more than 50 percent in the first six months of the year, leading to a higher gross borrowing of ₱1.59 trillion from ₱1.57 trillion a year earlier. According to the Bureau of the Treasury...
Investors are closely watching President Marcos ' State of the Nation Address (SONA) and second-quarter earnings reports, while concerns about United States (US) tariffs and recent typhoon damage weigh on sentiment. “The local market made a comeback last week, regaining its ground above the...
A rare remittance from the Presidential Commission on Good Government (PCGG)—reportedly proceeds from the sale of a Claude Monet painting considered as ill-gotten wealth by the family of strongman Ferdinand Marcos Sr.—has helped triple the Marcos Jr. administration’s privatization revenues in...
A newly-built rock shed in Tuba, Benguet, collapsed due to tropical cyclone ‘’Emong." Baguio City Mayor and Baguio-La Trinidad-Itogon-Sablan Tuba-Tublay chairman Benjamin Magalong visited and lamented the condition of the infrastructure in Millsite, Camp 4, Kennon Road. The Department of...
Leyte 1st district Rep. Martin Romualdez and some 220 other House of Representatives members attended a Thanksgiving Mass late Sunday afternoon, July 27 in Intramuros, Manila ahead of the convening of the 20th Congress. The mass was held at the Minor Basilica and Metropolitan Cathedral of the...
DAGUPAN CITY – Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian on Sunday assured disaster-hit communities that there is a sufficient supply of relief goods to support ongoing local government efforts. During his visit to the evacuation center in Bonuan Gueset here,...
Vice President Sara Duterte questioned United States President Donald Trump’s comments about the Philippines-China and Philippines-US relations during the time of her father, former president Rodrigo Duterte, insisting that the country should maintain an “independent foreign policy” and...
The Quezon City government said it will implement tight security and safety measures ahead of President Ferdinand Marcos Jr.’s fourth State of the Nation Address (SONA), on Monday, July 28, at the Batasang Pambansa Complex. Over 12,000 personnel are set to be deployed throughout the city, with...
BACOLOD CITY – One-hundred fifty-five personnel from the Police Regional Office-Negros Island Region were tapped to support security operations in the State-of-the-Nation Address (SONA) of President Ferdinand Marcos Jr. on Monday, July 28. Police Lt. Col. Joem Malong, spokesperson for PRO-NIR,...
DAVAO CITY – Acting Davao City Mayor Sebastian Duterte downplayed the one percent reduction of the 20 percent tariff imposed on Philippine goods to 19 percent as an empty gesture, calling it “consuelo de bobo” or a false consolation. Duterte questioned the importance of the announcement and...
ILOILO CITY – Police in Western Visayas are all set to secure the region during the fourth State-of-the-Nation Address (SONA) of President Ferdinand R. Marcos Jr. on Monday, July 28. The Police Regional Office-6 has stepped up security measures for Aklan, Antique, Capiz, Guimaras, and Iloilo...
Senators are hoping to hear President Ferdinand “Bongbong” Marcos Jr. disclose how his administration intends to find solutions to the country’s perennial problem on massive flooding and online gambling in his State of the Nation Address (SONA) on Monday, July 28. Sen. Panfilo “Ping”...
