President Ferdinand R. Marcos Jr. has ordered the local government units (LGUs) to suspend the collection of the “pass-through fees” to ensure the efficient movement of goods across regions aligned with the government’s strategies to revitalize local industries under the Philippine Development Plan 2023-2028. A three-page Executive Order No. 41 signed by Executive Secretary Lucas…
President Ferdinand R. Marcos Jr. honored this year’s Metrobank Foundation Outstanding Filipinos, saying their accomplishments are bringing the country closer to Bagong Pilipinas. “The excellence that you have demonstrated in your pursuits is, truly, worth emulating,” President Marcos said during the awarding rites for the foundation’s outstanding Filipinos held in Malacañang on Thursday. “Your accomplishments…
A group of French ministers is set to visit the country before the end of the year as part of the efforts to strengthen the Philippine-France bilateral ties and forge more cooperation. In a telephone call last Wednesday, French President Emmanuel Macron told President Ferdinand R. Marcos Jr. of the upcoming visit of the French…
Innovation is the linchpin for forging a progressive, sustainable and safe future, President Ferdinand R. Marcos Jr. said as the government launched the National Innovation Agenda and Strategy Document (NIASD) at the Manila Metropolitan Theater on Wednesday. “Let me reiterate the importance of innovation as the transformative agent of our time. It will help us…
President Ferdinand R. Marcos Jr. said on Wednesday that he wants a police force not tainted with corruption and abuse of power under the Bagong Pilipinas. During the oath-taking of the second batch of newly promoted star rank officers of the Philippine National Police (PNP) in Malacañang, the President encouraged the country’s law enforcers to…
President Ferdinand R. Marcos Jr. signed into law on Wednesday the “Trabaho Para sa Bayan Act,” which aims to address unemployment, underemployment, and other challenges in the labor market. The law will focus on improving the employability and competitiveness of Filipino workers through upskilling and reskilling initiatives; and support micro, small, and medium enterprises and…
President Ferdinand R. Marcos Jr. bucked on Tuesday the proposal to temporarily implement rice tariff reduction in a bid to address the surge of rice prices in the market. “We decided with the agriculture and economic managers that … it was not the right time to lower the tariff rates because the projection of…
BDO Capital & Investment Corporation (BDO Capital) was recognized as the country’sCorporate and Investment Bank of the Year for the 6 th straight year at the Asian Banking &Finance Awards 2023. BDO Capital’s remarkable achievement remains unsurpassed in theindustry as it continues to demonstrate consistent excellence in delivering exceptionalinvestment banking services across various product lines…
President Ferdinand R. Marcos Jr. certified as urgent the enactment of the proposed Magna Carta of Filipino Seafarers on Monday, which will specify the rights and ensure the welfare of Filipino seafarers, including the reintegration program, grievance system, and social welfare benefits. In a September 25-letter to Senate President Juan Miguel Zubiri, President Marcos raised…
Upon the directive of President Ferdinand R. Marcos Jr., the Department of Social Welfare and Development (DSWD) is set to distribute next week cash assistance to sari-sari store owners who were affected by the implementation of the mandated price ceiling on rice. In its update to the Office of the President, the DSWD said that…
