National
PBBM ASKS GCC COUNTRIES TO ENSURE RELIABLE, SUFFICIENT SUPPLY OF PETROLEUM PRODUCTS, FERTILIZER
President Ferdinand R. Marcos Jr. on Friday asked the Gulf Cooperation Council (GCC) member countries to help Southeast Asian countries ensure the availability of reliable and sufficient supply of petroleum products, as well as fertilizer as the world grapples to weather the effects of the coronavirus pandemic and conflicts in various parts of the globe….
PBBM: DISPLACED OFWS WILL BE PAID
The Kingdom of Saudi Arabia has assured President Ferdinand R. Marcos Jr. to settle the unpaid wages of more than 10,000 overseas Filipino workers (OFWs) who were left jobless after their companies in the Kingdom of Saudi Arabia declared bankruptcy in 2015 and 2016. President Marcos told reporters at the sidelines of his attendance to…
PBBM EXPRESSES OPTIMISM IN RESOLVING LABOR ISSUE WITH KUWAIT FOLLOWING A BILATERAL MEETING WITH KUWAITI CROWN PRINCE
President Ferdinand R. Marcos Jr. expressed optimism Friday that the Philippines and Kuwait will be able to resolve their current labor issue after his brief meeting with Kuwaiti Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah at the sidelines of the ASEAN-GCC Summit in Riyadh, Saudi Arabia. President Marcos said during an interview with the Philippine…
SAUDI, OTHER GOVT’S EXPRESS INTEREST IN MIF
The Kingdom of Saudi Arabia has signified to President Ferdinand R. Marcos Jr. its intention to invest in the Maharlika Investment Fund (MIF) along with other countries. In an interview with the Malacañang reporters at the sidelines of his attendance to the ASEAN-GCC Summit in Riyadh, President Marcos said that the MIF has received positive…
PH, SAUDI INK OVER $4.26-B INVESTMENT AGREEMENT DURING PBBM’s VISIT
The Philippine business delegation signed an investment agreement worth more than $4.26 billion with Saudi business leaders on Thursday at the sidelines of President Ferdinand R. Marcos Jr.’s attendance at the Association of Southeast Asian Nations-Gulf Cooperation Council (ASEAN-GCC) Summit in Saudi Arabia. President Marcos said during the roundtable meeting with business leaders that more…
MAHARLIKA FUND RECEIVES WARM RESPONSE FROM SAUDI BUSINESS LEADERS
Business leaders in Saudi Arabia expressed their warm response to the Maharlika Investment Fund (MIF) on Thursday as they signified their intention to learn on the success stories of the Philippines in terms of its finances. In his opening remarks during the roundtable with the business leaders, Saudi Ministry of Investment Minister Khalid Al-Falih said…
PBBM TO SAUDI BUSINESSES: MAKE IT HAPPEN IN PH
President Ferdinand R. Marcos Jr. has invited Arab businesses to invest in the Philippines and be part of the country’s development, saying investments in key sectors will ensure higher growth. President Marcos arrived in Saudi Arabia on Thursday afternoon to attend the first Association of Southeast Asian Nations-Gulf Cooperation Council (ASEAN-GCC) Summit, hold bilateral meetings…
PBBM ARRIVES IN SAUDI ARABIA FOR ASEAN-GCC SUMMIT
President Ferdinand Marcos Jr. arrived in Riyadh, Saudi Arabia on Thursday to attend the ASEAN – Gulf Cooperation Council (GCC) Summit where major geopolitical developments, security, economic progress, and socio-cultural collaboration are high on the agenda. The plane carrying the President and the members of the Philippine delegation touched down at 12:56 pm at the…
MAHARLIKA FUND TO PUSH THROUGH IMPLEMENTATION BEFORE YEAR-END – PBBM
President Ferdinand R. Marcos Jr. clarified on Thursday that the administration will push through with the implementation of the Maharlika Investment Fund (MIF) law, which will start before the year ends. In his pre-departure statement, prior to leaving for Saudi Arabia, the President highlighted the need to clarify earlier reports stating the MIF has been…
DOST 3 LAUNCHES 3 DAY RSTW IN ZAMBALES
WITH the theme “Agham at Teknolohiya: Kabalikat sa Maunlad at Matatag na Kinabukasan,” the Department of Science and Technology (DOST) Central Luzon. officially launched its Regional Science, Technology, and Innovation Week (RSTIW) last Thursday, in Botolan, Zambales. The 3-day activity, led by Regional Director Dr. Julius Caesar V. Sicat, is expected to gather stakeholders, industry…