Malacañang said that President Marcos was indeed worried over the impeachment complaints filed against him, not for himself, but for the country 's economy. Palace Press Officer and Communications Undersecretary Claire Castro has reiterated that the filing of impeachment complaints against...
The Philippines stands to gain significant economic, tourism, and investment benefits as it hosts the 45th Association of Southeast Asian Nations (ASEAN) Tourism Forum 2026 (ATF 2026) in Cebu City on Wednesday, Jan. 28, the Department of Tourism said. DOT Secretary Christina Garcia Frasco. said...
Manila City Mayor Francisco "Isko Moreno" Domagoso on Monday, Jan. 26, expressed confidence in the city 's continuous economic growth following a 40 percent increase in new business permit processing and robust renewal activity observed by Manila 's Bureau of Permits. During a meeting...
The government formally adopted a national action plan on Thursday, Jan. 22, to overhaul how it manages international aid and development programs, seeking to tighten oversight of billions of pesos in funding while ensuring projects align more closely with local economic priorities. The Department...
Executive Secretary Ralph Recto said President Marcos’ economic strategy has helped protect Filipino families—especially the poorest—from rising prices, citing sharply lower inflation and steady growth in 2025. Recto said inflation fell to 1.6 percent from January to November 2025, down from...
Manila Mayor Francisco "Isko Moreno" Domagoso formally accepted the turnover of the Jones Bridge Light Show Project from the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) to the city government on Friday night, Dec. 12, vowing to introduce more attractions and...
As the Executive Director of the Makati Business Club, Rafael Ongpin (oldest son of the late Jaime V. Ongpin, one of the staunchest CEOs responsible for the fall of the martial law regime in 1986) remarked in an interview, President BBM deserves some credit for the ongoing drive against corruption,...
Senate Deputy Majority Leader Joseph Victor “JV” Ejercito has called on the government to continue spending on infrastructure programs despite the fallout from the flood control scandal in order to boost employment opportunities and revive the economy. Ejercito warned the slowdown on...
Senator Sherwinn Gatchalian on Tuesday, November 18 expressed alarm over the recent turn of political events in the country, saying that ongoing destabilization talks are wreaking havoc on the Philippine economy. Gatchalian, chairman of the Senate Committee on Finance, said this is evidenced by a...
Truly, it’s agonizing to see, hear, and read the trail of destruction across the country—from the regions of Visayas to Luzon—left by the super typhoons Tino and Uwan. Reconstruction is expected to reach billions, if not trillions, of pesos. It’s as if we ain’t seen nothing yet, as...
President Marcos attributed the country’s slower third-quarter economic growth to climate disruptions and global headwinds, assuring that a surge in public spending would help restore momentum before the year ends. Marcos said this as the peso hit a record low of P59.17 to the US dollar on...
Philippine economic expansion slowed sharply to four percent in the third quarter of 2025, as floods, corruption scandals, and weather disruptions heavily weighed on growth. Data from the Philippine Statistics Authority (PSA) on Friday, Nov. 7, showed that the third-quarter gross domestic product...
