(MANILA BULLETIN) Economists, industry leaders, and lawmakers expressed their support for the removal of restrictions on foreign investments on the rice and corn industry in a bid to boost food security and productivity in the country. During a roundtable...
First Lady Liza Araneta-Marcos led foreign ambassadors in the Philippines in a guided tour of the most historic homes inside the Malacañan compound in Manila to showcase the administration's ongoing efforts to restore and preserve the country's heritage sites. Malacañang photo In a statement, the...
National scientist and economist Raul Fabella during the roundtable forum at the House of Representatives (PPAB) National scientist and economist Raul Fabella has argued that amending the economic provisions of the 1987 Constitution can “significantly...
Foreign investment pledges more than doubled in the last quarter of last year, with the energy industry accounting for the majority of the investments, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report, total foreign investments approved by investment promotion...
Former Department of Finance (DOF) secretary Margarito ''Gary'' Teves (MANILA BULLETIN) Former Department of Finance (DOF) secretary Margarito ''Gary'' Teves has joined a long list of experts who expressed support to amending the supposed restrictive...
​The Philippine government on Tuesday, Feb. 13, called out China's Consul General in the country, Zhang Zhen, for her remarks that purportedly misrepresented facts over the West Philippine Sea. "We note the statement made by the Chinese Consul General last 8 February 2024. We take...
President Marcos has ordered concerned agencies to amend existing policies to allow foreign common drugs to come into the country in a bid to bring the prices of medicine down. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting with the Food and Drug Administration at the...
Albay 2nd district Rep. Joey Salceda (Facebook) Economic-solon Albay 2nd district Rep. Joey Salceda says the Philippine economy is so tight against the entry of investments, nearly all of its neighboring countries have overtaken it. "We...
Albay 2nd district Rep. Joey Salceda answering questions during a press briefing. (Dexter Barro II, MANILA BULLETIN) The Philippine stock market will feel the immediate impact of an improved economy if the proposed amendments to the “restrictive”...
Foreign investors interested in entering the Philippines' renewable energy sector will be required to secure 167 signatures before they commence operations. While this may seem like a daunting number to many, an industry stakeholder pointed out that this requirement has already been reduced from...
The Presidential Communications Office (PCO) said President Marcos' overseas trips have been pivotal in generating serious investment interest in the Philippines, noting that 46 projects worth $14.2 billion have already started operating, completed registration, or commenced implementation....
The Department of Foreign Affairs (DFA) on Wednesday, Feb. 7, cited security concerns as one of the reasons why the agency cannot issue free visas to some nationalities despite calls for such an arrangement. DFA Undersecretary for Consular Affairs Gary Domingo said that while the Marcos...
