President Marcos said the government is looking to revisit the economic provisions of the 1987 Constitution and other laws to make the Philippines more investment-friendly. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) In a media interview, Marcos pointed out that the existing economic...
ILOILO CITY – The Department of Science and Technology (DOST) vowed to boost the blue economy in the country following the recent National Science Technology and Innovation Week. “DOST will ensure the protection, conservation, and sustainable utilization of our marine resources,” said...
Senate President Pro Tempore Loren Legarda on Thursday, November 23 said the 31st Annual Meeting of the Asia Pacific Parliamentary Forum (APPF) is a perfect platform for the Philippines to delve into the political, security and socio-economic issues facing the region. Legarda...
As global oil prices crashed to $78 per barrel level, Filipino consumers can look forward to hefty rollback in fuel prices next week, especially for diesel and kerosene products, according to the oil companies. Based on the estimates of the industry players, the price of diesel products will have a...
Kabayan Party-list Rep. Ron Salo (Rep. Salo's office) Kabayan Party-list Rep. Ron Salo is not losing hope over the passage into law of the long-sought measure creating the Department of Fisheries and Aquatic Resources (DFAR). In fact, he’s feeling the...
The imminent passage into law of the proposed “Tatak Pinoy” (Proudly Filipino) Act will help the Philippines grow economically and be known in the global market, Sen. Juan Edgardo “Sonny” Angara said on Tuesday, November 7. Angara made the pronouncement after the Senate approved...
Philippine Airlines (PAL) is taking its Premium Economy Class (PECY) to new heights, offering passengers traveling to Tokyo's Narita International Airport an exclusive and enhanced experience. Starting this November, PAL is initially rolling out a range of new privileges for Premium Economy...
Japan has pledged it will continue its investments in the Philippines' big-ticket projects as its ambassador in Manila noted the growing interests of Japanese investors in the country. Speaking at the Philippine Business Conference and Expo at the Manila Hotel, Japanese Ambassador to the...
An agreement of €60 million in funds was signed by the European Union and the Philippines to assist the latter in transitioning towards a sustainable economy. During the Global Gateway Forum in Brussels on Wednesday, Oct. 25, the European Union (EU) and the Philippines signed the financing deal...
The country’s ocean-based industries surged by 21.1 percent year-on-year to reach over P800 billion in 2022 as the pandemic dwindles down. Data released by the Philippine Statistics Authority (PSA) on Tuesday, Oct. 24, showed that the country’s ocean economy posted a gross value added (GVA) of...
There is no major impact caused by the Israel-Hamas war on the country's economy, a Cabinet official said. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said there is "hardly any impact" as there is no major...
Australia's envoy to the Philippines has expressed confidence in the growth of the Philippine economy, which she said could drive more investment between Manila and Canberra. At a reception hosted for journalists on Friday night, Australian Ambassador HK Yu said she is "very optimistic" about the...
