President Rodrigo Duterte

economy

Malacañang uttered confidence the Philippine economy will still reach the government target of 6 to 7 percent growth by the end of 2019 as seen that the budget impasse has been resolved. Philippine economy cultivated at its slowest pace in 4 years, missing forecasts, pulled by a delay in the enactment of the P3.7-trillion national budget, officials stated Thursday. Salvador Panelo stated President Rodrigo Duterte and the other members of

Duterte

President Rodrigo Duterte’s impulsive speeches often has bombshell assertions and to the surprise came in the form of a cockroach moseying by the president’s shoulders. The roach clung up on Duterte as he was eulogizing the virtues of the candidates, whom he endorsed for next week’s midterm polls at a campaign rally late Wednesday. While an aide tried and failed to scrape the critter away with some papers, still Duterte

Tito Sotto

Vicente “Tito” Sotto III Senate President of the Philippines on Thursday stated that Malacañang and several tagged in the hypothetical oust-Duterte matrix should have not made a big deal out of a “piece of paper.” “You can come up with any matrix that you want. It’s a piece of paper, it does not mean a thing. Pinapatulan kasi (It’s being made a big deal). You should have dismissed it e,”

Carlos Dominguez

A head of President Rodrigo Duterte’s economic team said Wednesday that the S&P Global’s upgrade of the Philippines’ credit rating is a “green light” for more investments in the country. Finance Secretary Carlos Dominguez stated that the upgrade to one notch below the minimum “A” rating will allow the government and Filipino companies to borrow at lower interest. Adding it was a “definitive win” for the government, “The upgrade is

Rodrigo Duterte

Duterte recently signed into a law a measure that pursues to institutionalize energy conservation and efficiency in the country or the Republic Act 11285 or the Energy Efficiency and Conservation Act on April 12. An Inter-agency Energy Efficiency and Conservation Committee were to be created to evaluate and approve government energy efficiency projects and provide strategic direction in the implementation of the Government Energy Management Program, which aims to reduce

President Rodrigo Duterte

The Aglipayans rejected President Rodrigo Duterte’s alleged plan “to impose complete control over the Senate.” an assembly of 150 leaders and members endorsed 10 senatorial candidates. Said group is composed of bishops, priests, and laypersons of the Aglipayan Church, also formally called the Iglesia Filipina Independiente. In their statement, the church members defined the Senate as “our last safeguard against authoritarian rule.” Members also mentioned 4 major issues under Duterte’s

construction

The country comes closer to securing a single-A credit rating from Japanese Credit Rating (JCR) Agency, after the debt watcher raised its outlook on the country to BBB+ positive from BBB+ stable. A statement showed the government’s Investor Relations Office (IRO) noted JCR upgraded the outlook on the Philippines because of the “government’s twin efforts to accelerate infrastructure development and boost revenues through tax reform.” “JCR’s BBB+ rating with positive

President Rodrigo Duterte and Chinese President Xi Jinping

Philippine President Rodrigo Duterte and Chinese President Xi Jinping discussed the presence of Chinese ships near Pag-asa Island and came to an agreement to resolve the issue through bilateral talks. Presidential Spokesperson Salvador Panelo on Thursday said “Both agree that the situation can be managed by the mechanism of bilateral negotiations.” Duterte who raised “the issue of the West Philippine Sea, particularly the situation in Pag-asa Island,” cited Panelo. Discussions

Duterte

After President Rodrigo Duterte met with Chinese President Xi Jinping, the two formal agreements were signed and agreed to further enhance the bilateral relations at the Great Hall of the People. Presidential Spokesman Salvador Panelo in a statement noted the Philippines and China would come up with a project list that will serve as the focus of cooperation between the National Economic and Development Authority and the National Development and

President Rodrigo Duterte and Chinese President Xi Jinping

Philippine Ambassador to China Jose Santiago Sta. Romana cited the “West Philippine Sea has been the subject of very tense diplomatic discussions” as China continued its aggression in the disputed waterway, including deploying maritime militia vessels near Philippine-occupied islands. The Philippine President and the Chinese President, Xi Jinping will discuss the South China Sea dispute as they meet in Beijing on Thursday. “The two leaders usually do a general review