Like in his previous foreign trip, President Marcos has once again designated three Cabinet officials as the government's caretaker while he is in the United Arab Emirates (UAE). President Ferdinand R. Marcos Jr. and First Lady LIza Araneta-Marcos (File Photo) Marcos has assigned anew an executive...
The peso recovered on Friday, Nov. 21, strengthening to P58.87 against the US dollar, following its recent dip to a two-year low of P59. Data from the Bankers Association of the Philippines showed that the local currency appreciated by 13 centavos from Thursday’s closing rate of P59 against the...
The peso has weakened against the US dollar for the third consecutive trading day, closing at P59 on Thursday, Nov. 21, marking its lowest value in two years. According to data from the Bankers Association of the Philippines, the peso depreciated by 0.09 centavos from Wednesday's closing rate of...
Mary Jane Veloso, a Filipino domestic worker who is facing drug charges in Indonesia, was set to be executed in April 2015. But the last-minute reprieve granted to her by former Indonesian president Joko Widodo saved her life. And now, 14 years after her arrest in the Indonesian city of Yogyakarta,...
The Philippine and Indonesian government are now in talks regarding Mary Jane Veloso, an overseas Filipino worker (OFW) facing death row in Indonesia. Department of Foreign Affairs (DFA) Undersecretary Eduardo Jose de Vega said the Philippine government is doing all it can for Veloso as her case...
The Philippines posted a surge in foreign investment in the third quarter of 2024, reflecting growing confidence in the country's manufacturing sector and overall economic prospects. The Philippine Statistics Authority (PSA) reported that the total approved foreign investments (FI) reached P146.75...
The Philippines has protested China’s move to declare its own baseline on the territorial sea on the waters adjacent to Panatag Shoal (Scarborough Shoal). The Department of Foreign Affairs (DFA) said Manila sent its protest to Beijing on Tuesday, Nov. 12, after it declared its illegal...
Senator Imee Marcos laid out three areas to focus on with the imminent return of President-elect Donald Trump, considering the substantial shifts in U.S. policies, particularly those that could impact immigration, defense, and geopolitical interests. “Let’s not wait for the hammer to...
Senate President Francis “Chiz” Escudero on Sunday, November 10 said he expects the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act to generate new jobs domestically and attract more foreign investments in the...
House quad-committee chairpersons, members file House Bill (HB) No. 11043 (PPAB) The leaders of the House quad-committee (quad-comm) filed on Thursday, Nov. 7, a bill that seeks to enable the government to seize real estate illegally acquired by...
The Department of Foreign Affairs (DFA) has strengthened its efforts to fight fraudulent passport applications by tying up with other government agencies. DFA on Tuesday, Nov. 5, led the signing of the Memorandum of Understanding (MOU) for Interagency Cooperation and Collaboration on Operation...
By Derco Rosal For the first time in 10 years, the government has increased allowances for national employees working overseas to address the rising cost of living. On Oct. 30, President Ferdinand R. Marcos Jr. issued an executive order to update the regulations governing the payment of various...
