The Philippine Chamber of Commerce and Industry (PCCI) is pushing for the imposition of higher taxes on luxury items, but not the “wealth tax”, to help address the country’s huge budget deficit. PCCI President George T. Barcelon raised this proposal in reaction to clamor to impose wealth tax,...
ZURICH, Switzerland — Despite a rather somber global economic outlook for 2023, countries in Southeast Asia are expected to experience relatively positive levels of economic growth, with President Ferdinand "Bongbong" Marcos Jr. saying the Philippines can resist a recession if it could keep its...
After asking for a time off from her Palace post last month, Zenaida Angping was nominated by President Ferdinand 'Bongbong' Marcos Jr. as Ambassador to France. According to a document published online by the Commission on Appointments (CA) as of Jan. 18, Angping, who served as the Presidential...
President Ferdinand "Bongbong" Marcos Jr. has signed an executive order (EO) maintaining the temporary modification of import duty rates on mechanically deboned meat of chicken and turkey. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) “There is a need to maintain the...
President Ferdinand "Bongbong" Marcos Jr. has approved the temporary zero-tariff policy for electric vehicles and spare parts in an attempt to encourage consumers to shift to "cleaner and greener" transportation. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Malacañang...
The new head of Isuzu Philippines Corp. (IPC) said that the all-trucks manufacturer will focus on the innovation of their dealerships this year to maintain its leadership position in the trucks category despite admitting continuing economic challenges in the country. In a chat during the Meet and...
ZURICH, Switzerland — Dubai-based Logistics company DP World has committed to expanding its operations in the Philippines and eyes setting up an industrial park in Clarkfield in Pampanga, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. meets DP World group chairman and CEO...
Malacañang has announced more officials appointed by President Ferdinand "Bongbong" Marcos Jr. in two government agencies. Roderico Rayo Bioco takes oath of office before Executive Secretary Lucas Bersamin as the new acting administrator and member of the National Food Authority (NFA) Council on...
DAVOS, Switzerland — President Ferdinand "Bongbong" Marcos Jr. thought increasing the country's defense budget was not a priority, saying there was no point in the Philippines building up its armory since the exercise of military power is not always the primary consideration in addressing...
DAVOS, Switzerland — For the first time, President Ferdinand "Bongbong" Marcos Jr. said that he had no intention of entering politics, but he had to as his family's survival depended on it. President Ferdinand 'Bongbong' Marcos Jr. (WEF Screenshot) Marcos said this during his one-on-one...
ZURICH, Switzerland — World Economic Forum (WEF) founder and executive chairman Professor Klaus Schwab invited the Philippines to join a center the WEF is establishing, which is geared at working and sharing the newest technologies that could help countries develop economically. President...
Deputy Speaker and Pampanga 2nd District Rep. Gloria Macapagal-Arroyo is confident that President Ferdinand “Bongbong” Marcos Jr. will do well during the World Economic Forum (WEF) in Davos, Switzerland because “he speaks their language.” Pampanga Rep. Gloria Macapagal-Arroyo (RTVM...
