National
Pag-IBIG Fund releases P22.63 billion in cash loans, up 38% in 2024
MANILA, (PIA) – Pag-IBIG Fund, the Philippines’ national home development mutual fund, released P22.63 billion in cash loans from January to April 2024, a 38 percent increase compared to the same period in 2023. According to agency officials, the cash loans benefited 965,291 members, nearly 200,000 more than the 766,258 members assisted in the first four…
Philippines-China award, a flagship of friendship
Six outstanding Filipinos were honored Friday night as the 2024 laureates of the Awards for Promoting Philippines-China Understanding (APPCU). Given recognitions at a gala dinner at the Manila Hotel were Hall of Fame awardees businessman Larry Tan Villareal, professor and pioneer APCU member Gabriel “Gabby” Ma. Lopez, Outstanding Contribution awardees Special Envoy to China and…
Pres. Marcos mandates ‘Bagong Pilipinas’ hymn after flag ceremonies
MANILA, (PIA) — President Ferdinand R. Marcos Jr. has ordered the mandatory recitation of the “Bagong Pilipinas” hymn after flag-raising ceremonies in all government agencies, state-run companies, and educational institutions. Local government units are also “encouraged” to follow suit, according to a memorandum released over the weekend. Memorandum Circular No. 52, signed by Executive Secretary…
APCU names six recipients of PH-China friendship awards
Clockwise: Larry Tan Villareal, Benito Techico, Manuel Mamba Sr., Cua Ching Tam, Lily Tan Lim and Ma. Gabriel Lopez
PBBM: Best solution to bring down rice prices found
The government has already found the best solution to reduce rice prices in the market, President Ferdinand Marcos Jr. said. On the sidelines of the aid distribution in Cagayan de Oro City, President Marcos said the bicameral committee came up with measures to address rice prices. “I don’t want to preempt the bicameral committee, but…
PBBM to AFP: Let us not fail the Philippines and the Filipino people
President Ferdinand R. Marcos Jr. called on the Armed Forces of the Philippines (AFP) to remain faithful to their sworn duties to the country and the people. The President made the call as he administered the oath of office of 39 top AFP officials on Monday. “Malaki ang inyong katungkulan na [gagampanan] pa. Mabigat pa…
PH-US Balikatan 2024 opens, now in progress
The three-week annual “Balikatan” military exercise between Filipino and American troops officially opened on Monday, with 16,000 soldiers representing the “essence of unity, collective responsibility and enduring partnership between the Republic of the Philippines and the United States of America and other partners.” Speaking at the opening rites in Camp Aguinaldo, Quezon City, Armed Forces of the…
Upsurge of US investments seen following successful PH Dialogue
ECONOMIC DISCUSSIONS. Budget Secretary Amenah Pangandaman, Finance Secretary Ralph Recto and Socioeconomic Planning Secretary Arsenio Balisacan (2nd to 4th from left) showcase the compelling reasons why American investors should continue expanding their businesses in the Philippines during the Philippine Dialogue at The Ritz-Carlton in Washington, D.C. on April 17, 2024. It was attended by around 90…
PH forges expanded tourism ties with Qatar
ENHANCED TOURISM. Tourism Secretary Christina Frasco exchanges documents with Qatar State Minister for Foreign Affairs Soltan bin Saad Al-Muraikhi following the signing of a memorandum of understanding between the Philippines and Qatar on Monday (April 22, 2024) at the Malacañang Palace in Manila as President Ferdinand R. Marcos Jr. and Qatar Amir Sheikh Tamim bin Hamad…
Lawmaker insists foreign investors fear PH Charter restrictions
Cagayan de Oro City 2nd District Rep. Rufus Rodriguez, who chairs the House Committee on Constitutional Amendments, said Monday the constitutional restrictions on foreign ownership are the “root causes” of the reluctance of foreign companies to make investments in the Philippines.Rodriguez issued the statement in response to a position paper published by the University of…