The country’s economic environment failed to lure more foreign investments in the first quarter of this year, data from the Philippine Statistics Authority (PSA) showed. The PSA reported Thursday, May 16, that the total approved foreign investments from January to March fell by 63.6 percent to...
The Commission on Appointments (CA) has approved in plenary session the ad interim appointments of 16 foreign service officials of the Department of Foreign Affairs (DFA). All of the officials hurdled the deliberations led by Senator Jinggoy Ejercito Estrada, chairman of the CA Committee on Foreign...
Senator Francis Tolentino (Senate Social Media Unit) Senator Francis Tolentino has sought the opinion of the Department of Justice (DOJ) to clarify the jurisdiction of the Philippine Coast Guard (PCG) over private foreign vessels. During a recent Senate...
The Department of Foreign Affairs (DFA) on Monday, May 13, said it will look into any reports of illegal and unlawful activities by foreign diplomatic officials in the country, in a move that came after China's alleged wiretapping of a purported phone call between its diplomat and a Philippine...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (left), Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Ranking solons are calling on authorities to tighten the rules and regulations pertaining to the entry...
The Marcos administration completed its first overseas bond sale for the year to help bridge the budget deficit and support initiatives for protecting natural resources, the Department of Finance (DOF) said. In a statement released on Wednesday, May 8, the DOF announced that Manila successfully...
Pangilinan-led SP New Energy Corp (SPNEC) is targeting to conclude sell-down of up to 40% of its shareholdings to foreign firms that will be willing to infuse capital into its 3,500-megawatt Terra Solar power project to be integrated with 4,500-megawatt hours (MWh) of energy storage system....
The Marcos administration has again turned to foreign creditors to seek financial support for the national government's budgetary needs. In a notice on Tuesday, May 7, the government announced its issuance of a dual-tranche benchmark-sized US dollar bond, marking the first offshore debt offering by...
The Department of Foreign Affairs (DFA) on Tuesday, May 7, made it clear that only the President can approve any agreement on the West Philippine Sea as it dismissed the validity of the so-called new model that China has been citing. DFA also confirmed that no Cabinet-level official of the current...
The Philippines and the United Nations (UN) conducted their first-ever meeting that was aimed at talking about ways to achieve the international organization's Sustainable Development Goals (SDG) and implement the Philippine Development Plan (PDP) 2023-2028. The inaugural Joint Steering Committee...
The Philippine military had supposedly entered early this year into an agreement with China over the South China Sea, the Chinese embassy in Manila claimed Saturday, May 4. The embassy said that Armed Forces of the Philippines (AFP) Western Command agreed to a "new model" on the management of...
President Marcos expects more foreign investments to come in for his administration’s Luzon Economic Corridor project as it benefits from the government's investment promotion program. President Ferdinand 'Bongbong' Marcos Jr. (Photo from the Presidential Communications Office) Speaking...