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...
(Armed Forces of the Philippines) San Narciso, Zambales——The Department of Foreign Affairs (DFA) is asking members of the media to keep Filipinos informed about the West Philippine Sea (WPS) issue as tensions continue to escalate in the...
President Ferdinand "Bongbong" Marcos Jr. (Noel Pabalate/MANILA BULLETIN) Taguig City 2nd district Rep. Amparo Maria "Pammy" Zamora believed that President Marcos had his bashers in mind when he reported on Labor Day the P1.7-trillion...
The Philippine government on Thursday, May 2, summoned one of China’s top diplomats in Manila to explain the latest harassment incident in the country’s waters. The latest diplomatic action came after the China Coast Guard (CCG) fired a water cannon at Philippine Coast Guard (PCG) and Bureau of...
Foreign portfolio investments, often referred to as “hot money”, yielded net inflows of $377 million in the first quarter this year, a turnaround from the $328 million net outflows transacted in the same period last year, according to the Bangko Sentral ng Pilipinas. For March alone, the ...
Consumers’ pockets will experience slight reprieve this week, as oil prices will be on moderate rollback, according to the pricing advisories of the oil companies. The price of diesel products will be trimmed by P0.45 per liter; while gasoline prices will have marginal reduction of P0.25 per...
