The country’s oldest business group is urging President Ferdinand Marcos Jr. to advance his administration’s entire agenda through a single bill, similar to the One Big Beautiful Bill recently signed into law by United States (US) President Donald Trump. The Chamber of Commerce of the...
Controlling inflation is the top issue Filipino adults want President Ferdinand Marcos Jr. to discuss in his 2025 State of the Nation Address (SONA), based on a nationwide Pulse Asia survey released on Friday, July 11. Nearly one-third of respondents (32.9 percent) identified inflation as the main...
Japanese financial giant MUFG Bank Ltd. sees a mild impact arising from the potentially higher United States (US) tariff set to be imposed on Philippine goods imported into America. “This announcement is to some extent a downside surprise for our FX [foreign exchange] and macro forecasts, given...
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...
