Citing still favorable inflation data, President Marcos’ chief economic manager said the Bangko Sentral ng Pilipinas (BSP) could proceed with delivering two quarter-point cuts in the key interest rate by year-end even if the United States (US) Federal Reserve (Fed) decides to pause its easing...
While there is not much room for discussions on the immigration woes of Filipinos in the United States, the Philippines would ensure that they are sent back home and not to other countries. Philippine Ambassador to the US Jose Manuel Romualdez stated this as he reaffirmed that the country will...
The United States has reaffirmed its support for the Luzon Economic Corridor, granting it an exemption under its economic assistance program to ensure the project’s continuity, Philippine Ambassador to the US Jose Manuel Romualdez. In a press conference in Washington, D.C., on the sidelines of...
President Marcos has arrived in Washington, D.C., to begin a three-day official visit centered on strengthening the Philippines’ strategic alliance with the United States and pressing for progress on trade, investment, and security cooperation. The presidential aircraft touched down at Joint...
President Marcos has departed Manila for Washington in an attempt to engage United States President Donald Trump in trade talks as global tariffs loom. Marcos left the Philippines on Sunday morning, July 20, for an official visit to Washington, D.C. upon the invitation of Trump. His visit, Marcos...
President Marcos is set to depart for Washington, D.C., on July 20 for a three-day official visit aimed at bolstering economic and defense cooperation with the United States. Marcos’ trip, which runs until July 22, will focus on strengthening trade, addressing the 20 percent tariff imposed on...
Citi Philippines received three awards from the American Chamber of Commerce of the Philippines (AmCham Philippines) inaugural Corporate Social Impact (CSI) Awards. AmCham Philippines launched the awards last May in partnership with the United States Embassy in the Philippines, highlighting...
President Marcos will press for deeper economic and security cooperation with the United States during his official visit to Washington, D.C. from July 20 to 22, the Department of Foreign Affairs (DFA) said. In a press briefing in Malacañan, DFA Assistant Secretary Raquel Solano said the trip...
MONTREAL (AP) — Top-ranked Aryna Sabalenka has withdrawn from the National Bank Open, opting for additional rest before beginning preparations for her U.S. Open title defense. “I’m looking forward to kicking off the North American hard-court swing, but to give myself the best chance for...
Vice President Sara Duterte is hopeful that the government can mitigate the impact of the 20 percent tariff rate that the United States will impose on Philippine goods starting next month. She said this during a chance interview outside the detention facility in The Hague, Netherlands, where she...
The Philippine peso depreciated further to its weakest in nearly one month, after slipping back to the ₱57 level against the United States (US) dollar on Friday last week due the higher US inflation. The local currency dropped to the ₱57:$1 level on Wednesday, July 17, closing at ₱57.085 from...
First Lady Liza Araneta-Marcos will not be joining President Marcos in his upcoming trip to the United States. This was disclosed by Palace Press Officer Claire Castro in an interview on Wednesday, July 16. "Hindi po (No)," she said when asked if the First Lady will be among the President...