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...
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...
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...
Senator Erwin Tulfo vowed to push for an investigation into flood control projects and insisted that the implementation should be handled exclusively by the national government through the Department of Public Works and Highways (DPWH), not by politicians. “I will make sure there will be an...
The Philippines will get a P3 billion ($60 million) foreign assistance funding from the United States, becoming the first country to receive foreign aid since US President Donald Trump took office earlier this year. This was announced by the US State Department after President Marcos’ meeting...
President Marcos bared that the ongoing issue on the immigration of Filipinos in the United States was not discussed during his official trip in Washington. Marcos said in an interview that his three-day visit in the US was not the forum for the issue to be raised. "It 's not been raised. It...
Some senators on Wednesday, July 23 are disappointed over the Philippines’ failure to get a much lower tariff with the United States, following the negotiations between US President Donald Trump and Philippine President Ferdinand Marcos, Jr. Sen. Joseph Victor “JV” Ejercito, for one,...
President Marcos has defended Department of the Interior and Local Government (DILG) Secretary Jonvic Remulla 's way of announcing class and work suspensions, saying he does not mind as long as the latter gets the message across. Remulla has been drawing flak online for his manner of...
Nothing favorable will be said about her father during President Marcos’ meeting with United States President Donald Trump, Vice President Sara Duterte said on Tuesday, July 22. Instead, she expects that “unfavorable” things will be said about former president Rodrigo Duterte, who is...
President Marcos underscored the strategic importance of the planned United States-backed ammunitions hub in Subic, saying its development is a critical component of the Philippines’ self-reliance defense program. In a joint press conference with US President Donald Trump at the White House,...
President Marcos and United States President Donald Trump reaffirmed the "ironclad" relationship between Manila and Washington as the two leaders completed their trade negotiations following their White House meeting on Tuesday, July 22. In an interview with the media at the White House, Trump...
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....
