ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said the government should find out if keeping Philippine offshore gaming operations (POGOs) will be beneficial to the country as banning them outright would need to have the right reason. President Ferdinand 'Bongbong' Marcos Jr. In...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said he was leaving it to Congress to decide on the final form of the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. Marcos said this after House Ways and Means Committee Chairperson Joey Salceda...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. wrapped up on Friday his trip to Switzerland for the 2023 World Economic Forum (WEF) in Davos, saying they were able to accomplish what they traveled for — favorable positioning for the Philippines as the global economy reopens....
President Ferdinand "Bongbong" Marcos Jr. has tapped Robinsons Land President and Chief Executive Officer Frederick Go as presidential adviser on investment and economic affairs. This was announced by Presidential Communications Office Secretary Cheloy Garafil on Friday night, Jan. 20. She added...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said that the Philippines is in a very "precarious balancing act" with its ties with the United States and China. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) The President was interviewed by the Wall Street Journal...
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...