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Overall inflation in the Philippines dropped to 4.9 percent in October 2023 from 6.1 percent in the previous month, lower than the Bangko Sentral ng Pilipinas (BSP)’s forecast of 5.1 to 5.9 percent.
Finance Secretary and National Power Board ex-officio Chair Benjamin E. Diokno has commended the National Power Corporation (NPC) for its recent energy sector accomplishments and highlighted its important role in advancing President Ferdinand R. Marcos, Jr.’s goal of a more sustainable and resilient energy system in the country.
The task of restoring vitality to our agriculture sector is fraught with gargantuan challenges. That he was chosen by President Ferdinand R. Marcos, Jr. for the job of Agriculture Secretary is a solid testimony to the confidence of the President in his ability to overcome these challenges.
As leaders, officials of the Armed Forces of the Philippines (AFP) should not only anticipate, but should also be prepared to adapt and respond to emerging national security and defense realities in the country and within the region, President Ferdinand R. Marcos told newly-promoted generals and flag officers on Friday.
Republic Act (RA) No. 11964, otherwise known as the Automatic Income Classification of Local Government Units Act, which was signed into law by President Ferdinand R. Marcos, Jr. on October 26, 2023 will help the Department of Finance (DOF) boost LGU revenues, ensuring fiscal sustainability of local governments.
BRUSSELS, BELGIUM – Upon the directive of President Ferdinand R. Marcos, Jr., Finance Secretary Benjamin E. Diokno represented the Philippines at the very first Global Gateway Forum hosted by European Commission President Ursula von der Leyen from October 25 to 26, 2023 in Brussels, Belgium.
The EU has long been a key supporter of the Philippines especially in the aftermath of natural disasters. The EU-Philippines Partnership and Cooperation Agreement, ratified in January 2018, lays the foundation for deeper collaboration.
The ‘Gabi ng Parangal at Pasasalamat Para sa Bayaning Atletang Pilipino’ – a grand welcome and awarding ceremony – will honor the Filipino medalists of the 2023 Asian Games. The Office of the President, in collaboration with the Presidential Communications Office, will host this celebration at the Rizal Memorial Coliseum on October 25, 2023.