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Metro Manila (CNN Philippines, December 18) – President Ferdinand Marcos Jr. issued Executive Order (EO) No. 49 which created the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) under the Office of the President, the Presidential Communications Office (PCO) said Monday.
Citicore Renewable Energy Corporation (CREC) [link] filed with the SEC to conduct a P12.9 billion IPO in March 2024. CREC plans to sell a primary offer of 2.9 billion shares for up to P3.88/share, plus a secondary overallotment option of up to 435 million shares. The prospectus filed said that CREC plans to use 85% of the proceeds on capex for the expansion of CREC’s solar power plant portfolio over the next two years.
1. Bangko Sentral ng Pilipinas (BSP) [link] could start to cut rates as soon as Q1, according to Pantheon Macroeconomics, and cut rates by at least 100 basis points by the end of 2024.
Citing the need to ensure a balance between leadership stability and democratic continuity, Sen. Robinhood "Robin" C. Padilla has filed a resolution proposing changes to the constitutional terms of elected officials including the President, Vice President, and lawmakers.
MANILA, Philippines — China is involved in a “creeping invasion” of the Philippines through massive real estate acquisition using laundered money, Surigao del Norte Rep. Robert Ace Barbers said yesterday.
Sen. Robinhood "Robin" C. Padilla is pushing for a legislative investigation into the alleged disenfranchisement of traditional leaders and their exclusion from the selection of Indigenous Peoples Mandatory Representative (IPMR) in Palawan, for the renewal of Malampaya Service Contract No. 38.
Hinimok ni Department of Budget and Management Secretary Mina F. Pangandaman ang mga Sangguniang Kabataan officials at cadet officers ng bansa na ibigay ang nararapat na serbisyo sa mga Pilipinong nagtiwala sa kanilang kakayahan na mamuno.“Bilang mga kabataang lider, kayo ang pinili ng taumbayan. Huwag po nating sayangin ang kumpiyansa at tiwalang ipinagkaloob nila sa inyo,” pahayag ni Secretary Mina sa ikatlong araw ng National Youth Convention 2023 na idinaos sa Philippine Military Academy, Baguio City.Ipinahayag din ni Secretary Mina na buo ang kanyang tiwala at suporta sa mga makabagong kabataang Pilipino na may tapat at prinsipyo ng mga ito na baliin ang ilan sa mga nakagawian.“Bilang mga bida ng Bagong Pilipinas, you have my 100 percent faith and support,” pagbibigay-diin ni Secretary Mina.Siniguro naman ni Secretary Mina na kasangga ng mga batang lider ang administrasyon ni Pangulong Ferdinand R.
MANILA, Philippines — Securities and Exchange Commission (SEC) Chairperson Emilio Aquino has been named as the first ever Public Sector Innovator Awardee in the 2023 Mansmith Innovation Awards, in recognition of his pioneering digital transformation efforts in the government.