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MANILA, Philippines — The Philippine economy performed well in 2023 despite lingering external challenges, due largely to the administration’s business-friendly measures and continued public spending as well as President Marcos’ active promotion of the country as an attractive investment destination in his foreign trips, according to the government.
MANILA, Philippines — President Ferdinand Marcos Jr. said on Friday that he may sign the P5.768-trillion budget for 2024 before December 25 or Christmas Day, saying that the bicameral report on the budget has yet to be submitted to his office.
Metro Manila (CNN Philippines, December 11) — The two chambers of Congress on Monday approved and ratified the Bicameral Conference Committee report on the proposed ₱5.768 trillion national budget for next year.
The Marcos administration is looking at replenishing the initially approved People’s Survival Fund (PSF) with the help of various donors and multilateral financing institutions, the country’s finance chief said in an interview.
In 2023, Ferdinand “Bongbong” Romualdez Marcos Jr. will have one of the most successful first year presidencies of a newly elected Philippine president.
President Ferdinand R. Marcos Jr. issued last Tuesday, November 28, Executive Order No. 48 adjusting the dividend rate of the Development Bank of the Philippines (DBP) for calendar year 2022 to strengthen its capital position and comply with central bank’s regulations.
MANILA, Philippines — President Ferdinand Marcos Jr. exempted the Development Bank of the Philippines (DBP) from sharing its 2022 dividend earnings with the government to “strengthen its capital position” and to comply with the regulations of the Bangko Sentral ng Pilipinas (BSP), the Presidential Communications Office (PCO) said on Friday.
DUBAI – President Marcos decided at the last minute to skip the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) here, saying he had to attend to the plight of 17 Filipino seafarers held hostage by Iran-backed Houthi militants in the Red Sea.