The United Kingdom (UK) Government launched its British Investment Partnerships (BIP) to finance sustainable development in the Philippines on March 30, 2023 at The Peninsula Manila.
Finance Secretary Benjamin Diokno and key government officials witnessed on March 28, 2023 the signing of a lease agreement between American company Envirotech Vehicles (EVT) and Clark-based developer Berthaphil, Inc. for the establishment of an electric vehicle manufacturing plant in Clark Freeport Zone.
Finance Secretary Benjamin Diokno stated that the current military and uniformed personnel (MUP) pension system is fiscally unsustainable and that the government will push for reforms in Congress to prevent…
The government has proposed a merger between the Landbank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) to create a bigger, stronger, and more resilient bank…
President Ferdinand R. Marcos, Jr. inaugurated the first 5.15-kilometer section of the North Luzon Expressway-South Luzon Expressway (NLEX-SLEX) Connector Road Project on March 27, 2023 at the NLEX Connector España Toll Plaza.
Finance Secretary Benjamin Diokno underscored the Marcos Jr. administration’s message of unity and committed to strengthening inter-sectoral ties for economic recovery as he addressed the Filipino-Chinese business community at the Marriott Hotel on March 24, 2023.
The Senate and the House of Representatives of the Philippines ratified on March 22, 2023 the bicameral report on the disagreeing provisions of Senate Bill No. 1850 and House Bill…
Finance Secretary Benjamin E. Diokno met with Australian Ambassador to the Philippines HK Yu and Australia’s Special Envoy for Southeast Asia Nicholas Moore to explore deepening Philippine-Australian cooperation on areas such as privatization of airports, development of the mining industry, and agriculture technology.
The Australian Government launched its Partnerships for Infrastructure (P4I) initiative in the Philippines to foster inclusive growth through sustainable infrastructure, which is in line with the Marcos Jr. administration’s economic development agenda.
The Green Climate Fund (GCF) Board approved on March 16, 2023 the Adapting Philippine Agriculture to Climate Change (APA) Project during its 35th Board Meeting in Incheon, South Korea. The…
