Aside from lead cornerstone investors International Finance Corp. and Asian Development Bank (ADB), Maynilad Water Services, Inc. has signed cornerstone investment agreements with 10 more international and domestic institutions led by the UK’s Foreign, Commonwealth and Development Office, acting...
The Acquisition and Cross-Servicing Agreement (ACSA), a new logistics deal that the Philippines and Japan are currently negotiating, will pave the way for an increased security and defense cooperation between the two countries, Japanese Foreign Ministry spokesperson Kitamura Toshihiro said on...
Senator Joel Villanueva on Saturday, April 26, said that passage of his proposed legislation creating a Digital Nomad Visa (DNV) for foreigners gained traction following the issuance of Executive Order (EO) No. 86 by President Marcos. (Photo from Unsplash/MB file photo) EO No. 86 authorizes the...
The Philippines’ move to ease restrictions on government officials traveling to Taiwan to promote economic and trade relations will signal a more “substantive” cooperation, the Ministry of Foreign Affairs of Taiwan (MOFA) said. Philippine and Taiwan flags (AI-generated photos) ...
Senator Imee Marcos called the detainment of Special Envoy on Transnational Crime Ambassador Markus Lacanilao a "gentle slap on the wrist". Photo from the Senate’s Office of the Sergeant at Arms (OSAA) In a statement on Tuesday, April 22, Marcos said that Lacanilao should have been detained...
Dutch financial giant ING expects the Philippine peso to depreciate against the United States (US) dollar in the near term as the US President Donald Trump-led global trade war rages on and the domestic economy weakens. "We look for the Singapore dollar and Philippine peso to underperform in a...
Senator Imee Marcos fired back at Senate President Francis “Chiz” Escudero on Tuesday, April 15, calling him “ambisyoso” (ambitious) in response to his remarks urging her not to use the Senate for her own political objectives. Senate President Francis "Chiz" Esucdero and Senator Imee Marcos...
Amid the brewing tension between Senator Imee Marcos and Senate President Francis “Chiz” Escudero over a contempt order against a resource person in the hearing of the Senate Committee on Foreign Relations, Senator Alan Peter Cayetano on Friday, April 11, called for “cooler heads” and a...
Private-sector investors, especially foreigners, have grown hesitant to enter public-private partnership (PPP) projects in the Philippines due to political interference in contract pricing and delays in government compensation to private partners, according to the Asian Development Bank...
Senate President Francis "Chiz" Escudero told Senator Imee Marcos on Friday, April 11, not to use the Senate as a platform for her political objectives and instead urge her to use her name, title, and influence as a bridge toward unity, not a wedge for division. Senate President Francis "Chiz"...
Although recovering from the 11-year-low inflows in December last year, foreign-led brick-and-mortar investments at the start of 2025 declined by 20 percent to $731 million, according to the Bangko Sentral ng Pilipinas (BSP). The latest BSP data released on Thursday, April 10, showed that foreign...
Senator Imee Marcos expressed her disappointment after Senate President Francis "Chiz" Escudero refused to sign a contempt order against one of the resource persons during a Senate panel inquiry that she led on Thursday, April 10. Senator Imee Marcos presides over the Senate Committee on Foreign...
