Tag: President Marcos

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South Korea strengthens role in Philippines’ mega projects

Economy Context.ph Context.ph -
President Ferdinand Marcos Jr. on Tuesday highlighted South Korea’s unwavering support for Philippine infrastructure, welcoming President Lee Jae-myung to Malacañan Palace in a landmark state visit marking 77 years of diplomatic ties.

Malacanang takes a punch of glory from the Pacman

Sports & Entertainment Context.ph Context.ph -
When President Ferdinand Marcos Jr. accepted a gleaming stack of gloves, belts, and battle-worn treasures from Manny Pacquiao on Tuesday, February 24, Malacañang didn’t just receive memorabilia. It absorbed a left hook of history.

Marcos pushes ASEAN trade unity drive

Trade & Investments Context.ph Context.ph -
As the Philippines prepares to chair the Association of Southeast Asian Nations in 2026, President Ferdinand Marcos Jr. is calling for deeper regional economic integration to restore the bloc’s role as a global growth engine.

President Marcos unveils P63B spending for irrigation

Agriculture Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has earmarked more than P63 billion for irrigation projects in 2026, betting that water infrastructure will be the catalyst for higher farm output and a more resilient rural economy.

President Marcos centralizes economic power within Malacanang

Economy Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has ordered a significant shake-up of Malacañang’s economic and investment oversight, abolishing the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) and folding its functions into the Office of the Executive Secretary (OES).
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ADB: Philippines stays course despot inflation surge

Economy 0
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Energy & Mining 0
Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

Corporate 0
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

Communications & Technology 0
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.

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