Three years ago, President Ferdinand Marcos Jr. took the helm of the country as the world continued to grapple with the Covid-19 pandemic and economies, including the Philippines, strove for recovery after crippling lockdowns. Governments worldwide faced the delicate task of balancing public health...
President Ferdinand R. Marcos Jr. reaffirmed the Philippines’ strengthening tourism and connectivity with Japan during his visit to the Philippine Pavilion at the World Expo 2025 in Osaka on Friday, June 20. The Department of Tourism (DOT) reported that the pavilion had recorded 374,835 visitors...
The Philippine Stock Exchange, Inc. (PSE) thanked President Ferdinand R. Marcos Jr. for signing into law R.A. No. 12214 or the Capital Markets Efficiency Promotions Act (CMEPA). “The immediate reduction of the stock transaction tax (STT) to 0.1 percent from 0.6 percent is a much-awaited reform...
The administration remains firm in advancing key labor reforms—particularly accelerating employment facilitation and reviewing minimum wage rates—after retaining Department of Labor and Employment (DOLE) Secretary Bienvenido Laguesma in the Cabinet. Laguesma emphasized that sustaining...
Department of Tourism (DOT) Secretary Christina Garcia-Frasco vowed to fast-track efforts that promote inclusive growth and uplift local communities through tourism following her reappointment by President Ferdinand R. Marcos Jr. during the administration’s midterm Cabinet review. The...
Tourism leaders and stakeholders across the country have expressed strong support for Department of Tourism (DOT) Secretary Christina Garcia-Frasco following her submission of a courtesy resignation in response to President Ferdinand Marcos Jr.’s directive for a midterm Cabinet reshuffle....
Despite the dismal first-quarter growth mostly weighed down by world trade uncertainties, the Economist Intelligence Unit (EIU) sees the Philippine economy outperforming the region in 2025. "We will maintain our forecast of 6.1-percent growth this year, accelerating from 5.7 percent in 2024, making...
The Office of the President recognized the Securities and Exchange Commission (SEC) for its role in the Philippines’ exit from the grey list of global financial crimes watchdog Financial Action Task Force (FATF). In a ceremony at the Malacañan Palace, President Marcos, together with Executive...
The National Economic and Development Authority (NEDA) Board chaired by President Marcos has approved the rollout of the Reducing Food Insecurity and Undernutrition with Electronic Vouchers (REFUEL) project which is an upgrade of the current food stamp program of the government. The approval...
Manila Electric Co. (Meralco) welcomed President Ferdinand Marcos Jr.’s support for the renewal of the distribution utility’s (DU) franchise for another 25 years. In a statement on Tuesday, April 15, Meralco Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan commended the President...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez described as a "true honor" his being named as among this year’s recipients of the Upsilon Sigma Phi’s Upsilonian Noble and Outstanding (UNO) Awards....
Ilocos Norte 1st district Rep. Sandro Marcos (left), Vice President Sara Duterte (PPAB, Facebook) For Presidential son Ilocos Norte 1st district Rep. Sandro Marcos, it should come as no surprise to Filipinos that he beat all the other...