Foreign direct investments (FDI), characterized by long-term commitments and the creation of job opportunities for Filipinos, are projected to reach $9.5 billion this year. Based on the latest projections by the Bangko Sentral ng Pilipinas (BSP), the initial forecast of $9 billion for the...
The Department of Foreign Affairs (DFA) said Wednesday, June 3, it received reports of its email data being sold online. “The Department’s Information and Communications Technology Division is investigating the matter,” it added. On Wednesday, a group of cybersecurity enthusiasts claimed...
The Philippines on Tuesday, July 2, told China that it is going to be relentless in upholding its rights over the West Philippine Sea as diplomats of both sides held a discussion, the first since reports of Beijing’s successive acts of aggression in the waters escalated. The Department of Foreign...
The Philippines is further boosting its ties with its Association of Southeast Asian Nation (ASEAN) neighbors with the successive meetings of Department of Foreign Affairs (DFA) Secretary Enrique Manalo with his counterparts from the region. Manalo on Monday, July 1, first sat down with Malaysian...
While its corporate life will already end in two years, the outstanding financial obligations of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is still at a whopping P292.486 billion as of end-April this year. According to the company, its total debts stand at P254.6...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. said that the recent Ayungin (Second Thomas) Shoal incident was a "deliberate aggressive action" and not a misunderstanding or accident. Department of National Defense Secretary Gilbert Teodoro on Tuesday, June 25, 2024,...
Foreign envoys in the Philippines joined Saturday, June 22, in the celebration of Pride Month in the country. The ambassadors of Germany, France, Canada, Australia, United Kingdom and the embassies of Colombia, Mexico and Spain joined in the celebration held in Quezon City. German Ambassador...
The Philippines and Peru have inaugurated a Bilateral Consultation Meeting (BCM) that will eventually give way for both sides to discuss common concerns and other engagements. Department of Foreign Affairs (DFA) Undersecretary Ma. Theresa Lazaro and her Peruvian counterpart, Vice Foreign Minister...
The Philippines has commended the United Nations Security Council for crafting a resolution that underscores the urgent need to address the escalating crisis in Gaza. In a statement on Thursday, June 20, the Department of Foreign Affairs (DFA) said the resolution reaffirms the international...
(Unsplash) Camarines Sur 2nd district Rep. LRay Villafuerte is pushing for the reinvigoration of the country’s garment and textile industry to entice foreign investors who are now leaving China to relocate their businesses. “The government must take...
Senator Imee Marcos has filed a resolution to conduct an inquiry, in aid of legislation, into the alleged anti-vaccine propaganda by the United States military during the COVID-19 pandemic. In Senate Resolution No. 1052, Marcos directed the Senate Foreign Relations Committee to conduct the inquiry....
Senate Majority Leader Francis "Tol" Tolentino on Tuesday, June 18 asked the Department of Foreign Affairs (DFA) to seek assistance from the International Committee of Red Cross (ICRC) in delivering food supplies to Filipino soldiers stationed at the grounded BRP Sierra Madre at the Ayungin (Second...
