The national government's debt soared to a new record high of ₱16.63 trillion at the end of the first two months of 2025, putting pressure on its capability to repay obligations. The latest Bureau of the Treasury (BTr) data released on Tuesday, April 1, showed that outstanding obligations as...
Japanese Prime Minister Shigeru Ishiba is eyeing to visit the Philippines this month, reports said. President Ferdinand 'Bongbong' Marcos Jr. meets US President Joseph Biden and Japan Prime Minister Ishiba Shigeru in a trilateral phone call on Jan. 13, 2024. (File Photo courtesy of Malacañang)...
(L-R) Cadet 1st Class Midshipman Jhoco D. Apal and Cadet 1 st Class Aerocadet Joshua Willie J. Ramos (Photo: Philippine Defense and Armed Forces Attaché-Japan) Two cadets from the Philippine Military Academy (PMA) have graduated from Japan’s prestigious National Defense Academy (NDA), marking a...
Japan has reaffirmed its commitment to support the Marcos administration’s "Build Better More" program to help promote and strengthen the Philippines’ bid for an upper middle-income status country. (From left) Special Advisor to the Prime Minister Mori Masafumi and Japanese Ambassador to...
Finance Secretary Ralph G. Recto has obtained a total of ₱65.43 billion in loans from Japan to fast-track the roll-out of infrastructure projects and provide budget support for climate change and health programs. The loan agreements for five projects and programs to be funded by Japan’s...
The Philippines declined by one notch to ninth place among the most attractive foreign destinations for Japanese investors in 2024, according to the Japan Bank for International Cooperation (JBIC). In a March 21 publication, JBIC said its latest survey report on overseas business operations by...
Japanese Ambassador to the Philippines Endo Kazuya has expressed his deep appreciation for the warmth and hospitality of Filipinos as he marked his first year in the country. Screenshots from Ambassador of Japan in the Philippines/X In a video statement, Endo, who warmly introduced himself as "Kuya...
The Department of Agriculture (DA) is positive that Japan will consider the Philippines’ proposal for reduced tariffs on banana exports in a bid to strengthen its market share on the popular commodity. In a press briefing on Monday, March 17, DA Spokesperson and Assistant Secretary Arnel...
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
The Department of Agriculture (DA) is seeking up to $500 million from Japan International Cooperation Agency (JICA) to facilitate its project to reduce post-harvest losses and bolster rice production. DA Assistant Secretary and Spokesperson Arnel de Mesa said details on the proposed funding...
Zobel-led Ayala Corporation’s access to yen-denominated loans to fund growth initiatives at competitive rates has been enhanced after being assigned an inaugural foreign currency long-term issuer rating of “A-” by Japan Credit Rating Agency Ltd. (JCR). According to the report released by JCR,...
Japan's JR East explores partnership to modernize Philippine rail systems. East Japan Railway Company (JR East), Japan’s leading railway operator, is interested in running the operations and maintenance of the country’s railway systems, according to the Department of Trade and Industry...
