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Top officials with private interests spoil effort to track big fishers

EXCLUSIVE: Part 1 | Gamaliel Cordoba, who headed the NTC during the Duterte regime, has a personal stake in commercial fishing because of his family’s business. During his time, the commission stopped issuing service numbers for trackers that would prevent unregulated fishing.
Zaldy Docena Rodrigo Duterte Justice Maria Filomena Singh Villar Ramos Melanie Pimentel Jose Calida

Trilateral of US-PHL-Japan to focus on economies, but SCS part of agenda

THE Department of Foreign Affairs (DFA) said the historic trilateral Philippine-Japan-United States (US) meeting next week will focus on economic cooperation, but will also tackle the growing tension in the South China Sea. In a press conference in Malacañang on Friday, Hans Mohaimin Siriban, DFA Acting Deputy Undersecretary for Bilateral…
South China Sea Brunei General United States Ferdinandr Marcos Jr Fumio Kishida Joe Biden

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'Cha-cha will allow GDP growth to exceed 8%' | Samuel Medenilla and Jovee Marie N. de la Cruz

The National Economic and Development Authority (Neda) said the Philippines’s GDP growth can exceed 8 percent by 2028 if the proposed Charter change (Cha-cha) pushes through. Socioeconomic Planning Secretary Arsenio M. Balisacan made the pronouncement more than a week after Pulse Asia released the results of its survey which showed…
Ferdinandr Marcos Jr Loren Legarda Juan Miguel Zubiri Arseniom Balisacan Rufus Rodriguez Partnership Code

HSBC vows investment during gab with President Marcos

THE Hong Kong and Shanghai Banking Corp. (HSBC) committed new investments in the country during a courtesy meeting with President Ferdinand R. Marcos, Jr. last Thursday.  In his discussion with the President, HSBC Holdings Plc Group Chairman Mark Tucker said they will be expanding their operations in the country.  “Today,…
United Kingdom Hong Kong Ferdinandr Marcos Jr Mark Tucker Holdings Plc Group Shanghai Banking Corp

DBCC cuts GDP growth target in 2024 to 6.0-7.0% | Reine Juvierre Alberto

THE Cabinet-level Development Budget and Coordination Committee (DBCC) cut its gross domestic product (GDP) growth target for the Philippine economy this year to 6.0 to 7.0 percent from its 6.5 to 7.5 percent outlook. DBCC member and Socioeconomic Planning Secretary Arsenio Balisacan announced in a Malacañang press briefing on Thursday…
United Arab Emirates Arsenio Balisacan Bangko Sentral Economic Team Coordination Committee Development Budget

'Better tax collection offsets impact of lower growth goal'

WHILE the lower growth targets may reduce the government’s revenues for the year, the Marcos administration remains confident it can still boost tax collection this year. Socioeconomic Planning Secretary Arsenio Balisacan said the lower growth targets set by the Development and Budget Coordination Committee (DBCC) will affect the collection of…
Ferdinandr Marcos Jr Arsenio Balisacan Department Of Finance Budget Coordination Committee Planning Secretary Arsenio Balisacan Internal Revenue

Cebu City 'invasion' condemned

THE Cebu Port Authority (CPA) has condemned the Cebu City Government for blocking the entrance to its port extension project. In an official statement issued on Tuesday, April 2, 2024, the CPA said the City defied the writ of injunction issued in favor of the CPA when it forcibly entered port premises, which are outside its territorial jurisdiction.
Michael Rama Compania Maritima Collin Rosell Carlo Vincent Gimena National Museum Of The Philippines Regional Trial Court

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