China is protesting the alleged “trespassing” of Philippine resupply vessels in the Ayungin (Second Thomas) Shoal, adding that its response of using a water cannon during the incident was “reasonable” and “professional.” In a statement on Monday, March 25, the Chinese Embassy in...
China said Saturday, March 23, that the Philippines was attempting to transport construction materials to its grounded ship in the West Philippine Sea, that was why the Chinese coast guard had to attack Filipino troops. Gan Yu, spokesman for China’s Coast Guard (CCG), in a statement said the...
The inflation rate, or growth of consumer prices, for March may be slower than the 3.4 percent readout last month, National Economic and Development Authority Secretary Arsenio M. Balisacan said Thursday, March 21 Balisacan told reporters that they are confident that inflation for this month will...
The Private Sector Advisory Council (PSAC) has expressed its full support to President Marcos for his visionary approach to fostering economic growth, particularly his commitment to attracting investments, enhancing the skills of Filipino workers, and embracing new technologies. Sabin Aboitiz, Lead...
Tech giant Google Philippines lauded the robust and “amazing growth” of the Philippine economy under the present Marcos administration, saying the government's data reflect Google's digital economy reports. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Google Philippines Country...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez can't help but feel bullish about the Philippines' prospects for foreign investments following the country’s hosting of the two-day World Economic Forum (WEF)...
While admitting that the Philippines is still getting the hang of artificial intelligence (AI), President Marcos said that the country must not be left behind in the said technological evolution. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he graced the World...
Aside from attracting more investments, President Marcos said that the government is now focusing on re-skilling and upskilling Filipino workers and adopting new technologies to sustain the country’s current growth momentum and achieve a stronger economy. President Ferdinand ‘Bongbong’ Marcos...
President Marcos has invited for foreign investors to join the Philippines in its "exciting new phase" towards economic expansion. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) As he made known the steps the country has taken in terms of its economic growth, Marcos said there are many...
The Philippines has rebuked China for its latest statement accusing the Philippines of instigating tensions in the disputed waters of South China Sea and instead maintained a “firm stand” against China’s “misguided claims and irresponsible actions.” Personnel of the Philippine...
Clark Freeport and Special Economic Zone in Pampanga has exceeded its investment target for the first quarter of this year, the Clark Development Corp. (CDC) reported. During the recent meeting with Investment and Economic Affairs Secretary Frederick Go, Agnes Devanadera, CDC president and chief...
Finance Secretary Ralph G. Recto has expressed confidence that the Philippines is on track to become a global powerhouse by 2050, positioning itself to become a part of the prestigious G20 group of leading world economies. Recto told reporters on Wednesday, March 13, that the country's...
