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Philippine lawmakers have proposed a $4.9 billion sovereign wealth fund to be chaired by President Ferdinand Marcos Jr to boost growth. Congressmen Sandro Marcos and Martin Romualdez — the president’s son and cousin respectively — are among the six authors of the bill filed to the House of Representatives and will be examined by two committees before being debated in the house. The “Maharlika Investments Fund” (MIF) would be seeded with 275 billion pesos from […]
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 […]
Strengthening aviation, energy sector a priority, says PHL president (Eagle News) – President Ferdinand Marcos Jr., held a series of meetings with American private companies in New York, including top managers of aerospace firm Boeing, and two energy and fuel firms. Marcos Jr., met with top executives of NuScale Power, an American energy company founded in 2007, and with WasteFuel, a California-based company which produces renewable fuels through proven technologies. After that, he met […]
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 […]
PBBM participation important as it represents his first engagement with UN, says DFA (Eagle News) – President Ferdinand Marcos Jr., is set to speak before the 77th session of the United Nations General Assembly on September 20 in New York, Malacanang said on Thursday, Sept. 15. This is the first in-person UN General Assembly (UNGA) to be attended by around 150 heads of state. Marcos Jr., will be delivering the Philippine national statement at the […]
Pres. Marcos Jr., signs EO that covers land distributed under Comprehensive Agrarian Reform Program (Eagle News) – President Ferdinand “Bongbong” Marcos Jr., declared a one-year moratorium on the payment of land amortization and interests that will benefit thousands of agrarian reform beneficiaries. President Marcos Jr., signed the executive order declaring the moratorium on his birthday, Tuesday, September 13, 2022. The Department of Agrarian Reform said that the measure is expected to benefit 654,000 agrarian […]
(Eagle News) — President Ferdinand “Bongbong” Marcos Jr. marked his 65th birthday on Tuesday, September 13, by planting trees to promote the cause of environmental protection and awareness as a way to achieve economic growth and stability. Marcos Jr., joined the National Simultaneous Bamboo and Tree Planting and Kickoff Ceremony at the Old San Mateo Sanitary Landfill in Rizal. He planted bamboo saplings to raise the environmental awareness, reminding the public to take care of […]
PBBM’s first state visit in Indonesia marks 75 years of PHL-Indonesia diplomatic relations (Eagle News) – Philippine president Ferdinand Marcos Jr., and Indonesian president Joko Widodo both agreed to further strengthen bilateral relations as well as work towards highlighting the role of the Association of Southeast Asian Nations (ASEAN) to promote peace in the region. President Marcos Jr., is on his first state visit in Indonesia upon the invitation of President Widodo. The Philippine […]
PBBM enumerates his administration’s proposed solutions to various issues, problems still ailing the country (Eagle News) – President Ferdinand “Bongbong” Marcos Jr., delivered his first State of the Nation Address (SONA), enumerating and explaining how his government intends to address various problems in the country in a speech, ending with a declaration in the end that “the state of the nation is sound.” For about an hour and 15 minutes, Marcos Jr., tackled various […]
President Ferdinand Marcos Jr. conducted his second cabinet meeting virtually as he completes his isolation period after testing positive for COVID-19. Among the topics discussed was on food and agriculture, education, tourism, health, and the economy amid the still ongoing Covid-19 pandemic. Malacanang said that President Marcos was now free from Covid-19 symptoms but is just completing the mandatory seven-day isolation period. He tested positive for Covid-19 last Friday, July 8, when he […]
