WASHINGTON — President Donald Trump said he has reached a trade agreement with Philippine leader Ferdinand Marcos Jr., following a meeting Tuesday at the White House, that will see the U.S. slightly drop its tariff rate for the Philippines without paying import taxes for what it sells there....
BEYOND BUDGET Assalamu alaikum wa Rahmatullahi wa Barakatuh. I hope you had a safe and dry weekend despite the heavy downpour caused by Severe Tropical Storm "Crising" and the southwest monsoon, or habagat. Our country 's geographical location, as an archipelago along the Pacific Ring of Fire...
The Philippine Stock Exchange index (PSEi) inched up Tuesday, July 22, as US markets reached new highs, while local investors continued to hope for an imminent rate cut. The main index added 2.95 points, or 0.05 percent, to close at 6,355.69. Mining stocks led the advancers, while Services and...
Leyte 1st district Rep. Martin Romualdez says the House of Representatives is willing to do its part to improve livelihood among Filipinos as the government tries to soften the 20 percent tariff imposed by the Trump administration on Philippine goods. Romualdez, the House Speaker during the...
The Marcos administration raised ₱20 billion from long-term debt sales, but at higher interest rates, as investors anticipate an upcoming retail treasury bond offering that could impact market demand. During the sale of three-year treasury bonds (T-bonds) on Tuesday, July 22, the Bureau of the...
Flood-affected Filipinos across the country will have access to P211 million worth of emergency medicines and health supplies, following an order from President Marcos, the Department of Health (DOH) said on Tuesday, July 22. Assistant Secretary Albert Domingo, the spokesperson of the DOH, said...
Pag-IBIG Fund has mobilized its Calamity Loan Program to assist members affected by Typhoon Crising, in line with the directive of President Ferdinand Marcos, Jr. to deliver immediate support to Filipinos in disaster-hit areas. “We are ready to assist our members affected by Typhoon Crising...
The Philippine Chamber of Commerce and Industry (PCCI) is seeking the endorsement of President Marcos for 20 legislative measures that cover digital transformation, trade reforms, and regulatory modernization, aiming to promote inclusive economic growth. In a statement, PCCI President Enunina...
President Marcos has met with top executives of investment firms in the United States in a bid to secure investments for the country. Malacañang said Marcos held a meeting with executives of investment companies Cerberus, I Squared, and KKR & Co., Inc. in Washington, D.C. on July 22 (Manila...
Photos by Vicson Tan The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCIl), led by president Dr. Victor Lim, in collaboration with special guests from the Chinese Embassy headed by Minister Councilor Wang Yulei, celebrated the extraordinary talent of Filipino youth at...
The Department of Public Works and Highways (DPWH) on Tuesday, July 22, raised concern over Metro Manila’s flood control capability, saying the region’s “very old” drainage system is no longer sufficient to handle the volume of rainwater during heavy downpours. DPWH Secretary Manuel Bonoan...
Department of Trade and Industry (DTI) Secretary Cristina Roque dismissed a document circulating on social media as fake that allegedly outlined the Philippines’ concessions to secure a trade agreement with the United States (US). “I want to inform the general public that I did not issue such...
