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April 5, 2024
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.
April 5, 2024
The Philippine government is hopeful the upcoming trilateral summit with the United States and Japan will lead to safer and more open navigation in the South Ch
April 5, 2024
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…
April 4, 2024
Presidential Peace Adviser Carlito Galvez addresses calls by some civil society organizations seeking another three-year extension for the BTA
April 4, 2024
Financial firm HSBC is eyeing to expand its business interests in the Philippines.
April 4, 2024
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…
April 4, 2024
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,…
April 4, 2024
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…
April 4, 2024
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…
April 2, 2024
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.