The Marcos administration will again tap the overseas debt markets with its three-tranche US dollar dominated bond sale that aims to bridge the government’s budget deficit for the year. Based on a document obtained by reporters, the Philippine government launched on Monday, Jan. 9, the...
Photo caption: Bases Conversion and Development Authority President and Chief Executive Officer Aileen R. Zosa presents to UK investors the investment opportunities in New Clark City during an investment roadshow at the Regent’s University in London, United Kingdom. BCDA photo. Photo caption: A...
New laws in the Philippines are expected to support mergers and acquisition (M&A), which declined in 2022 to $8.1 billion in value for 33 deals from $9.961 billion in 2021, as companies capitalize on this strategy to expand and grow their business, according to consultancy firm PwC Philippines....
Envoys and allies under the new administration believe that it is a must for a head of state to travel. President Ferdinand 'Bongbong' Marcos Jr. and First Lady Liza Araneta-Marcos (Photo courtesy of Malacañang) And so, six months into the presidency, President Ferdinand "Bongbong" Marcos Jr. has...
President Ferdinand "Bongbong" Marcos Jr.'s foreign trips this year yielded $23.6 billion of investment pledges, the Department of Trade and Industry (DTI) said. President Ferdinand 'Bongbong' Marcos Jr. and First Lady Liza Araneta-Marcos (Photo courtesy of Malacañang) According to DTI’s...
The Department of Tourism (DOT) is eyeing to surpass this year’s foreign tourist arrivals as it continues to launch various programs to strengthen the local tourism industry, For 2023, the DOT said it is targeting 4.8 million foreign visitors, which is double than 2022 arrival which is now at...
President Ferdinand "Bongbong" Marcos Jr. will tackle the issue of alleged deficiencies of Filipino seafarers during his trip to Brussels, Belgium, on Sunday, the Department of Foreign Affairs (DFA) said. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) DFA-Office of ASEAN Affairs...
The Bangko Sentral ng Pilipinas (BSP) has assured congressmen that using the central bank's dividends on the proposed Maharlika Wealth Fund (MWF) would not have any adverse effects on its gross international reserves (GIR). (Giorgio Trovato/ Unsplash) BSP Deputy Governor Francisco Dakila Jr., made...
President Ferdinand "Bongbong" Marcos Jr. is set to play an important role in the upcoming European Union-Association of Southeast Asian Nations (EU-ASEAN) Business Summit in Brussels, Belgium, next week as the Philippines is the country coordinator between the two blocs, the Department of Foreign...
The powerful Commission on Appointments (CA) confirmed today the appointments of three Cabinet members and 60 ranking Department of Foreign Affairs (DFA) official led by former DFA Secretary Teodoro Lopez Locsin Jr. as Philippine Ambassador to the United Kingdom of Great Britain with concurrent...
Foreign business groups in the country are keenly watching the proposed creation of a Maharlika Wealth Fund, a Philippine sovereign wealth fund, being pushed in the Lower House. “We are following it with great interest,” said Lars Wittig, president of the European Chamber of Commerce of the...
Known for its picturesque sunsets and beaches, the newly-constructed seaside boulevard in the town of Ballesteros in Cagayan Province is expected to further boost its tourism industry, the Department of Public Works and Highways (DPWH) said on Monday, Nov. 28. The DPWH–Cagayan Second District...
