Partido Federal ng Pilipinas National President Reynaldo Tamayo Jr. was reelected governor of South Cotabato. TAMAYO (FB) Tamayo cited the strong showing of PFP candidates in the elections in the Bangsamoro Autonomous Region in Muslim Mindanao. He thanked people behind the successful conduct of...
The adoption of the National Action Plan on Peace, Unity, and Development (NAP-UPD) marks a major milestone in advancing, building upon, and sustaining the gains achieved under the comprehensive Philippine peace process, Presidential Peace Adviser Carlito Galvez said on Friday, May 16. Galvez said...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. served as the country’s delegate at the United Nations (UN) Peacekeeping Ministerial in Berlin, Germany where he presented substantial pledges to further support global peace operations. Teodoro delivered the country’s...
Armed Forces of the Philippines (AFP) Chief Gen. Romeo Brawner Jr. extended his gratitude to the military personnel who exemplified dedication and professionalism in their duties in support of the recently held midterm elections. Brawner said that the troops helped in securing polling places,...
Economic reforms are expected to proceed, even as the political noise amplified by the midterm election results that "weakened" the Marcos administration 's hold on power may hamper efforts to enhance public-sector effectiveness, according to the Economist Intelligence Unit (EIU). "Partial and...
The tables have turned for billionaire Enrique K. Razon’s integrated gaming resorts owner and operator Bloomberry Resorts Corporation, as gains from Solaire North have put it back on a growth trajectory even before the launch of its new online gaming platform. The firm reported a 26 percent...
PHINMA Corporation of the Del Rosario family expects to sustain its growth this year on the strength of its education and property businesses "We are optimistic for sustained growth with the expected higher enrollment for Education, the accelerated implementation and completion of PHINMA Properties...
Government spending related to the May 12 midterm elections—frontloaded expenditures prior to the polls as well as the resumption of delayed projects due to the election ban—would likely spill over into the second quarter and support first-half economic growth, economists said. "While the...
Repairs on expansion joints along the northbound section of the Manuel Roxas Jr. Flyover in Tondo, Manila, have started as part of a major retrofitting and strengthening project, the Department of Public Works and Highways (DPWH) said. In a report, the DPWH–North Manila District Engineering...
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...
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
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...
