Tag: President Marcos

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President Marcos eyes tobacco industry model for palay ‘floor price’

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President Ferdinand Marcos Jr. said Wednesday that government, through the Department of Agriculture, is looking at imposing a floor price for palay to ensure farmers profitability and sustain their intention to plant and produce more rice.

President Marcos initiates Cabinet revamp

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President Ferdinand Marcos Jr. has requested the courtesy resignation of all Cabinet members following the midterm election setback.

President Marcos leads launch of $350M VITRO data center

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President Ferdinand Marcos Jr. on Wednesday led the inauguration of VITRO Sta. Rosa, the Philippines’ largest and first hyperscale data center—an advanced facility poised to accelerate artificial intelligence (AI) adoption and drive economic activity and investment.

President Marcos extends Meralco franchise through 2050

Energy & Mining Context.ph Context.ph -
President Ferdinand Marcos Jr. has signed into law a measure extending the franchise of Manila Electric Co. (Meralco), the country’s largest power distributor by sales and footprint, for another 25 years through 2050, Malacañan announced Tuesday.
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ADB approves $1.5-B emergency loan to cushion Philippines from Middle East conflict

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The Asian Development Bank (ADB) has approved a $1.5 billion financing package for the Philippines, delivering critical financial support to help the country absorb the spillover effects of ongoing conflict in the Middle East.

KinoFest 2026 German film festival debuts in Manila Oct 15–18

Education, Health & Science 0
Manila will host KinoFest 2026 — The German Film Festival for the first time October 15–18 at GH Ortigas Cinema, Greenhills Mall. This marks the event’s fifth edition, bringing free, first-come, first-served screenings to Filipino viewers.

Corruption, inflation drain P2.75T from economy

Economy 0
Corruption and inflation may have cost the Philippine economy an estimated P2.75 trillion over the 12 months to the second quarter of 2026, Senate President Sherwin Gatchalian said Thursday, as lawmakers launched an inquiry into the country’s slowing growth and weakening investment.

BSP concludes 2026 Financial Literacy Series in Legazpi, directing focus toward habits of youth and regulators 

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) wrapped up its annual Economic and Financial Learning Program in Legazpi City this week, delivering two days of practical financial education to over 2,400 students and teachers while signaling a broader policy shift toward long-term behavioral change in financial inclusion.

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