PBBM lauds continuous ADB support to the Philippines

President Ferdinand R. Marcos Jr. praised the ongoing support of the Asian Development Bank (ADB) for the Philippines which has significantly contributed to the country’s economic development. During newly-elected ADB President Masato Kanda’s courtesy call in Malacañang, President Marcos recalled the long-standing support of the ADB to the Philippines, which began during his father’s administration,…

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PBBM EXTENDS CONDOLENCES, SYMPATHIES TO WIFE OF FILIPINO WHO DIED IN ISRAEL; ORDERS PH AMBASSADOR TO PROVIDE ALL ASSISTANCE

President Ferdinand R. Marcos Jr. personally extended his condolences and sympathies to the wife of the 42-year-old Filipino who was killed on Saturday in the ongoing conflict between Israeli forces and the Palestinian militant group Hamas. In a telephone call on Wednesday evening, President Marcos assured the wife that the Philippine government will provide all…

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INVESTORS’ CONFIDENCE REMAINS SOLID IN PH WITH HIGH REINVESTED EARNINGS, RISING FOREIGN INVESTMENT APPROVALS, SAYS DTI

Investors’ confidence remains solid in the country as evidenced by high reinvested earnings and rising foreign investment approvals despite the decline in the Philippines’ foreign direct investment (FDI) inflows in the first semester of this year, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said on Monday. Pascual issued the statement in response to…

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‘History Tourism’ to attract more Americans to visit PH

MANILA – The United States Embassy in Manila sees “history tourism” attracting more American tourists to the Philippines. The Department of Tourism (DOT) on Friday said US Ambassador to the Philippines MaryKay Carlson posited this tourism product’s potentials during a meeting with Tourism Secretary Christina Frasco on March 23. “In the course of their discussion, Ambassador…

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PBBM SADDENED BY DEATH OF TWO FILIPINOS IN ISRAEL; VOWS CONTINUED SUPPORT TO FILIPINOS 

President Ferdinand R. Marcos Jr. expressed sadness over the death of two Filipino nationals who were killed in the ongoing Israel-Hamas conflict as he denounced the violence and terror attacks. The President likewise vowed continued support to affected Filipinos.  “My heart is heavy upon hearing confirmation of the deaths of two Filipinos in Israel. The…

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World Bank OKs policy loan for climate resilience

The World Bank has recently approved a US$750 million development policy loan (DPL) for the Philippines to help boost its environmental protection and climate resilience.   In a statement, the World Bank said the Philippines’ First Sustainable Recovery Development Policy Loan supports ongoing reforms to attract private investment in renewable energy; enhance plastic waste management through reduction, recovery, and recycling; promote green transport,…

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New App to Connect, Support, and Promote Filipino Inventors Nationwide

Manila, Philippines – The Filipino Inventors Society Multi-Purpose Cooperative (FISMPC), supported by the Department of Science and Technology (DOST), continues to spotlight Filipino innovation through its program INVENTREPINOY. In a recent episode, the program welcomed Engr. Jimson Uranza, CEO of Lead Core Technology Systems Incorporated, and Raymond Mark Bimbo Doran, President of Carlita R. Duran…

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