United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
Even more 20th Congress House members have signed a manifesto of support for the continued Speakership of Leyte 1st district Rep. Martin Romualdez, including a known ally of Vice President Sara Duterte. Iloilo 1st district Rep. Janette Garin, in a virtual press conference Thursday, July 24, said...
Marcos administration ally Leyte 1st district Rep. Martin Romualdez welcomed on Thursday, July 24 the gains reflected in the 2024 Statistical Indicators on Philippine Development. Romualdez, the House Speaker during the previous 19th Congress, says these are concrete manifestations that the...
A 27-year-old man died after the vehicle he was driving crashed into a concrete LRT beam post along Marcos Highway in Barangay Santolan, Pasig City, on Thursday morning, July 24. Pasig traffic personnel identified the victim as “Allec,” a resident of Barangay Rosario, Pasig. The initial report...
Central banks in Southeast Asia, where economies like the Philippines export a wide array of goods to the United States (US), are expected to cut interest rates some more as tariffs take effect next month, according to the think tank Capital Economics. In a July 23 report, Capital Economics senior...
While a video of acting Davao City Mayor Sebastian “Baste” Duterte supposedly training for boxing has been making rounds on social media, national police chief Gen. Nicolas Torre III apparently does not have the same liberty of time. Torre’s supposed 9 a.m. practice at the Philippine National...
Rizal Governor Nina Ynares renewed her appeal to the national government to issue a moratorium against quarrying operations in the province that are said to be the primary reason for the severe flooding being experienced in Rizal in the past few days. During her visit to one of the evacuation...
Despite tensed maritime issues between the two countries, the Philippines and China continue their cooperation on law enforcement, people-to-people exchanges, and safety and welfare of their citizens. The two sides held the 9th Joint Consular Consultation in Beijing on July 22, six years since the...
Global Infrastructure Partners (GIP), a part of BlackRock, and one of the world’s leading infrastructure investors, is in the process of finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV), starting with the acquisition of a 40 percent stake in Aboitiz InfraCapital....
As promised by Philippine Sports Commission chairman Patrick “Pato” Gregorio, all national athletes and coaches will start receiving a P5,000 increase in their monthly salaries beginning next month. The PSC board has approved the across-the-board increase in the salaries of the athletes and...
President Marcos assured the public that the government would continue prioritizing their safety and welfare as parts of the country remain flooded due to the enhanced southwest monsoon and back-to-back storms. “Sa gitna ng kalamidad, inuuna (ng) inyong pamahalaan ang kaligtasan, kalusugan at...
President Marcos announced that he had secured over $21 billion in new investment pledges from top American companies following his meetings with US trade and business leaders this week. Marcos said this as he returned to Manila from his three-day official visit to Washington late Wednesday...