Tag: marcos:
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Marcos appoints Trade Usec Cristina Roque as Acting Secretary
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Department of Trade and Industry (DTI) Undersecretary for MSME (micro, small, and medium enterprises) Development Group Ma. Cristina A. Roque was appointed as the acting secretary of DTI, according to the Palace. In a statement, the Presidential Communications Office (PCO) said that President Ferdinand R. Marcos, Jr. appointed Ms. Roque…
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Fiscal plan for Marcos’ 3rd year missed in SONA
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PRESIDENT Ferdinand R. Marcos, Jr. failed to discuss plans to address the country’s fiscal situation in his third State of the Nation Address (SONA), despite his vows to pursue “aggressive” infrastructure projects and pushing for a wage hike for government workers and teachers, economists said.
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Marcos orders total ban on POGOs
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PRESIDENT Ferdinand R. Marcos, Jr. on Monday announced a total ban on all offshore gaming operations in the Philippines, saying these have been linked to illegal activities including money laundering and financial scams.
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Marcos told to get real as he delivers address in his 3rd year
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ARTHUR UGBANIEL, a 29-year-old professional who studied to become a chef, has been operating a motorcycle taxi for about a year now, having failed to find a job that pays well.
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Marcos appoints top banker to MB
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PRESIDENT Ferdinand R. Marcos, Jr. has appointed banker Walter C. Wassmer to the Bangko Sentral ng Pilipinas’ (BSP) rate-setting body, according to a Palace statement. Prior to his appointment, Mr. Wassmer was a consultant and nonexecutive director of Sy-led BDO Unibank, Inc., the country’s largest bank in terms of assets.…
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Marcos says inflation is still Philippines’ ‘greatest problem’
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PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday said inflation remains a major concern for his government. “It remains unfortunately our greatest problem that is brought by forces that we cannot control,” Mr. Marcos said at an annual Independence Day reception for diplomats at the Presidential Palace. Headline inflation hit…
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Marcos calls for review of wage rates
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PHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday ordered regional wage boards to review minimum wage rates, as Filipino workers face stagnant salary growth despite rising living costs.
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Philippines’ ongoing power crisis is not artificial, says Marcos
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PRESIDENT Ferdinand R. Marcos, Jr. on Monday dispelled fears that the Philippines was experiencing an artificial power crisis after the country’s sole grid operator again raised a yellow alert in the Luzon and Visayas grids, citing an El Niño-driven increase in demand. “It definitely is not an artificial crisis because…
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Marcos eyes solar-powered post-harvest facilities
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PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. on Tuesday said the government would set up solar-powered cold storage and other post-harvest facilities southwest of Luzon to help boost farmers’ income after seeking to remove non-tariff barriers to agricultural imports amid rising food prices. “We will put up new cold storages with…