Tag: philippines

PBBM meets with Biden to strengthen PHL-US ties; topics discussed include South China Sea issue

Biden says respect for int’l waterways also tackled with China’s President Xi   (Eagle News) – President Ferdinand Marcos Jr met with US President Joe Biden on Thursday, September 22, where the two leaders discussed about further deepening the relations between the Philippines and the United States, including on the issue of the South China Sea. Biden, at the start of the meeting, admitted that there had been times that the relations between the Philippines […]

PHL peso sinks to new low, P58.49 to a US dollar, as US Federal Reserve hikes interest rates anew

Third straight day that peso hit new record lows   (Eagle News) – The Philippine peso sank to a new record low of P58.49 to a US dollar on Thursday, September 22, the third straight day that the peso had gone down to record lows. On Wednesday, Sept. 21, the peso went down to P58 to a dollar, and the previous day, Tuesday (Sept. 20), it closed at P57.48. This came about as the US […]

PBBM meets with UK ex-PM Blair to discuss BARMM peace process, other global issues

Concrete ways to address food security, climate change, trade also discussed (Eagle News) — Philippine president Ferdinand Marcos Jr., met with United Kingdom’s former prime minister Tony Blair on Wednesday, September 21,to discuss developments on the peace process, food security and climate change among others. Blair is currently the Executive Chairman of the Tony Blair Institute For Global Change. Marcos was also with First Lady Liza Araneta Marcos when he met with the former UK […]

Pres. Marcos Jr, UN chief Guterres meet on sidelines of UN Summit, discuss more areas of cooperation

Climate change issue also discussed as both leaders call for concrete meaningful actions to address climate emergency   (Eagle News) — President Ferdinand Marcos Jr. met with United Nations Secretary-General António Guterres on the sidelines of the 77th session of the United Nations General Assembly (UNGA) and discussed more areas of “cooperation and support.” The meeting happened on Tuesday, September 20 in New York (Wednesday, Sept. 21 Manila time). “The Secretary-General and President Marcos discussed […]

Pres. Marcos Jr., asks UN Summit to work towards ending racism, Asian hate crimes

  Philippine President Ferdinand “Bongbong” Marcos Jr. on Tuesday, September 20, called for the elimination of racism and Asian hate as he pledged to accelerate the implementation of a human rights joint programme with the United Nations. “We still dream of an end to the disturbing incidents of racism, of Asian hate, of all prejudice,” Marcos said in a speech at the 77th session of the United Nations General Assembly (UNGA). The Philippines-United Nations Joint […]

Pres. Marcos Jr., calls for stronger cooperation on climate change, agriculture, food security at UN Gen. Assembly

Calls climate change as the “greatest threat” affecting all nations, and food security as the “very basis of human security”   (Eagle News) — Philippine President Ferdinand “Bongbong” Marcos Jr. addressed the 77th session of the United Nations General Assembly (UNGA) in a historic speech that stressed how climate change has become the “greatest threat affecting our nations and our peoples” and food seccurity as “the very basis of human security.” The 65-year old Philippine […]

House approves bill postponing barangay, SK polls to December 2023

  (Eagle News) — The House of Representatives has approved on third and final reading House Bill 4673 that sought to postpone the Barangay and Sangguniang Kabataan (SK) elections to December next year. “When signed into law, the elections would be rescheduled to the first Monday of December 2023,” a statement from the Philippine Lower House said. “For this matter, all incumbent officials would remain in office until their successors are elected, unless sooner removed […]

Pres. Marcos Jr., invites US investors to do business in PHL in speech at NYSE forum

Cites favorable laws for foreign direct investments such as law allowing “full foreign ownership” in telco, transpo services     (Eagle News) – Philippine president Ferdinand Marcos Jr., encouraged US investors to try doing business in the Philippines citing the very favorable conditions and conducing environment for foreign investments. Speaking before the New York Stock Exchange (NYSE), the 65-year old Philippine leader cited various advantages of investing in the country, including legislation that allows full […]

Pres. Marcos hopeful of meeting US Pres. Biden, other world leaders at sidelines of UN Gen. Assembly

(Eagle News) – President Ferdinand Marcos Jr., said he hopes to meet with US President Joe Biden and other world leaders at the sidelines of the United Nations General Assembly (UNGA) in New York. The 65-year old Philippine president will be speaking before the 77th UNGA on Tuesday, September 20, at the high-level general debate of the opening session. The theme of this year’s general debate is, “A Watershed Moment: Transformative Solutions to Interlocking Challenges.” […]

French president Macron talks with PHL’s Marcos on deepening bilateral ties, including collaboration on food security

Macron also affirms France’s commitment to Indo-Pacific region, adherence to int’l maritime law (Eagle News) — French president Emmanuel Macron had a 20-minute telephone conversation with Philippine president Ferdinand Marcos Jr., on Friday afternoon, September 16, to discuss various collaborations on low-carbon energy, defense cooperation and food security, among others. Malacanang said the call was “initiated by President Macron” who recalled France commitment to the Indo Pacific region. “The two leaders agreed to continue deepening […]

PHL peso plunges to new record low of P57.43 to a dollar

  (Eagle News) – The Philippine peso plunged to a new record low against the US dollar at P57.43 on Friday, September 16. The previous lowest closing of the peso was recorded on Sept. 8 when the peso went down to P57.18 to a US dollar. According to data from the Bankers’ Association of the Philippines (BAP), intraday trading saw the peso even going as low as P57.44 against the dollar. It settled at P57.43 […]

PBBM hopeful PHL emerging from pandemic difficulties, to link up with economic partners in NY trip

Pres. Marcos Jr., to meet with various CEOs, economic partners after UN General Assembly speech (Eagle News) – Philippine president Ferdinand Marcos Jr., said that he expects that the country would “finally begin to emerge” from the difficulties of the pandemic that have hounded the country since 2020. The 65-year old Philippine leader said that he is going to work hard on the country’s economy, which in his view is very much based on agriculture. […]