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SAN FRANCISCO, United States — Elon Musk on Friday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress.
SEVERAL lawmakers have congratulated President Ferdinand Marcos Jr. on his inclusion in the prestigious 100 Most Influential People of 2024 by American newsmagazine Time, noting his «unwavering dedication to advance the Philippines' interests» and «securing the future» for Filipinos.
The International Monetary Fund (IMF) [link] fine-tuned its projection for our FY24 GDP growth yesterday, increasing it from 6.0% to 6.2%. According to the IMF, this is due to the “carryover from a better-than-expected outturn in the last quarter of 2023”. The Philippines is projected to be the fastest-growing economy in the region for FY24, with the second-fastest (Indonesia) projected to grow at just 5.0%. The ASEAN regional average projected growth is 4.5%.
Finance Secretary Ralph G. Recto has successfully pitched the Philippines as an attractive investment hub, gathering strong interest from American investors during the Philippine Dialogue held on April 17, 2024 at The Ritz-Carlton in Washington, D.C.
MANILA, Philippines — President Marcos is among this year’s 100 most influential people of Time magazine, which depicted him as someone who rewrote history but who has “elevated the Philippines on the world stage.”
Finance Secretary Ralph G. Recto successfully presided over the Intergovernmental Group of Twenty-Four (G-24) on April 16, 2024 as Chair of the Board of Governors where he called upon the international financial institutions to act decisively and ramp up support, emphasizing that this is a defining moment that will shape the fate of developing nations.
MANILA, Philippines — New Zealand Prime Minister Christopher Luxon is scheduled to meet with President Marcos at Malacañang today, the final leg of a weeklong trip to Southeast Asia that seeks to strengthen his country’s overseas engagements.
WASHINGTON, D.C.: The recent oil price spike fueled by rising Middle East tensions has the potential to derail the International Monetary Fund's (IMF) «relatively good» outlook for the world economy, its chief economist told Agence France-Presse (AFP).