Association of Southeast Asian Nations (ASEAN) economies need to implement policies promoting decarbonization to strengthen its global value chains’ (GVCs) long-term competitiveness and resilience...
The economy is expected to moderate this year from last year’s forecast-beating outturn but will remain on a healthy expansion mode, underpinned by rising...
Countries can implement a menu of policy options to reduce trade costs, including digital technologies, and boost exports, according to a report of the...
The Marcos administration’s budget deficit widened slightly in February due to flat government spending and lower collections of the Bureau of Internal Revenue’s (BIR).
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Jose Arnulfo Veloso, more popularly known by his nickname Wick, has grand plans for the Government Service Insurance System, which will benefit not only...
The Aboitiz Group is ramping up its Vietnam expansion, leveraging investments in energy, food security, and infrastructure as economic ties between Manila and Hanoi gain momentum under a deepening bilateral partnership.
Senator Jose 'Jinggoy' Estrada on Monday maintained his innocence in the plunder charges filed against him, alleging that the case is part of a political effort to weaken the Senate bloc aligned with Vice President Sara Duterte. Estrada claimed he had received several offers to have the plunder and graft cases dropped if he agreed to leave the new Senate majority coalition but rejected them. Estrada said he cannot sacrifice the independence of the Senate to improve my personal circumstances. The beleaguered lawmaker framed the plunder case as an assault on the autonomy of the Senate, which “must remain free from political coercion, free from undue influence, and free from any scheme designed to weaken its constitutional role as a co-equal and independent branch of government.”
Interior Secretary Jonvic Remulla said he led the police on Monday to arrest Senator Jose 'Jinggoy' Estrada at the Senate following the issuance of an arrest warrant in a plunder case, despite objections from Senate leaders. Remulla said authorities moved swiftly to enforce the warrant to avoid a repeat of the escape of Senator Ronald 'Bato' dela Rosa. He noted that the Sandiganbayan did not recommend bail for Estrada and four co-accused. Former Public Works Secretary Manuel Bonoan has surrendered to authorities but was taken to a hospital for medical treatment, Remulla added.
The Department of Energy (DOE) confirmed this week will see broad price rollbacks, with reductions starting at P4.76 per liter for gasoline, P9.26 for diesel, and P10.86 for kerosene.