The Marcos administration registered a reduction in the budget deficit last year, with revenues growing significantly faster than expenditures, data from the Bureau of the Treasury showed. In 2023, the national government's fiscal deficit stood at P1.512 trillion, a 6.3 percent decrease from the...
Australian Prime Minister Anthony Albanese on Thursday, Feb. 29, promised to work on a renewed strategic partnership with the Philippines that centers on maritime security and promoting respect for international law. (From left) President Ferdinand 'Bongbong' Marcos Jr. and Australian...
An Executive Order (EO) mandating state-run National Transmission Corporation (TransCo) to build transmission facilities to underpin the wheeling of generated capacities from renewable energy (RE) facilities will be issued soon by President Marcos. In an exclusive interview on the sidelines of the...
Speaking before Australia's parliament, President Marcos has once again declared to an international audience that the Philippines will never give up an inch of its territory to any foreign power. "I shall never tire of repeating the declaration that I made from the first day that I took office: I...
There is much room for the Philippines and Australia to work together, especially on emerging technologies, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Marcos pitched a possible partnership between the two countries on autonomous weapon systems...
The Philippines and Australia have boosted their strategic ties following the signing of three memoranda of understanding (MOUs) on maritime and technology cooperation, and strengthening competition laws. ADDRESSING THE PARLIAMENT — Australian Prime Minister Anthony Albanese welcomes President...
The Australian Parliament has commended President Marcos' resolve to address coercion happening in the South China Sea and his administration's steadfast commitment to uphold international law. Peter Dutton, leader of the opposition, praised Marcos' actions in the contested waterway during remarks...
Several Australian senators on Thursday, Feb. 29, protested against President Marcos' historic speech before the Australian Parliament, with one raising a call to "stop human rights abuses" in the Philippines. While opposition leader Peter Dutton commended Marcos' actions in the South China...
President Marcos called for multilateral action to counter several pressing global issues at present, stressing that geopolitics should not prevent them from doing so. Speaking before the Australian Parliament on Thursday, Feb. 29, Marcos pitched the need for multilateral solutions to address...
President Marcos on Thursday, Feb. 29, hailed Australia’s role as an “indisputable” regional stabilizer and expressed the Philippines’ commitment to a rules-based order based on international laws to promote peace and stability in the Indo-Pacific region. (From left) Prime Minister...
President Marcos said the strategic partnership between the Philippines and Australia has become vital to countering and resolving geopolitical polarities and strategic competitions that threaten peace in the region. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos said this as he...
President Marcos’ two-leg visit to Australia is seen to advance both maritime nations’ relations, particularly in the fields of defense and security, as he arrived in Canberra on Wednesday night (local time). Marcos was welcomed by Australian officials, including Australian Ambassador to...
