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Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Ex-Cordova mayor Sitoy-Cho snubs election case arraignment

LAPU-LAPU CITY, Cebu —Former Cordova Mayor Therese Sitoy-Cho failed to attend her arraignment today before the Mandaue City Regional Trial Court (RTC) Branch 55 regarding her election case. The Commission on Election (COMELEC) filed a complaint before the court against the former mayor for violating Section 261 (h) of the Omnibus Election Code. The complaint.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Makabayan bloc seeks probe into funding of charter change initiatives

In a resolution Reps. France Castro (ACT Teachers Party-list), Arlene Brosas (Gabriela Women’s Party) and Raoul Manuel (Kabataan Party-list) called for a probe by the House’s committee on public accounts, stressing the public deserves to know the source of funding for the renewed attempt to change the Constitution. .....»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Imee: EO 57 draws foreign interference, harmful to PH

MANILA, Philippines —  The measure beefing up the country’s maritime security, recently signed by President Ferdinand “Bongbong” Marcos Jr., is seen by the President’s elder sister, Senator Imee Marcos, as welcoming ‘many Trojan horses’ of foreign interference. The senator, who also heads the Senate panel on foreign relations, was pertaining to Executive Order No. 57,.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

Assertion on Duterte’s ‘gentleman’s agreement’ with China exaggerated – Imee

There was a bit of exaggeration in the assertion of retired Supreme Court justice Antonio Carpio that former president Rodrigo Duterte gave up the Philippines’ ownership of Ayungin Shoal under the guise of a “gentlemen’s agreement” with China, according to Sen. Imee Marcos......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Imee Marcos: CBRT disagreement should ve been resolved prior to construction

Imee Marcos: CBRT disagreement should ve been resolved prior to construction.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

Group hits Imee reaction on NTF-ELCAC

The progressive group Karapatan criticized the reactions of Sen. Imee Marcos and the National Task Force to End Local Communist Armed Conflict to the call of UN Special Rapporteur Irene Khan to have the NTF-ELCAC abolished......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Imee: Romualdez ‘definitely’ behind P20 million for people’s initiative support

It was Speaker Martin Romualdez who was behind the distribution of cash amounting to as much as P20 million per district to bankroll the ongoing signature campaign as part of the people’s initiative for Charter change, Sen. Imee Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Imee Marcos wants lotto draw suspended

MANILA, Philippines — Senator Imee Marcos finds it “mathematically improbable” for lotto winners to win frequently. In a Zoom interview with reporters, Marcos expressed frustration on Friday with the alleged issues hounding the lotto draws of the Philippine Charity Sweepstakes Office (PCSO). “Alam mo, pikon na pikon ako diyan sa lottong iyan, sabihin ko na.....»»

Category: newsSource:  inquirerRelated NewsJan 26th, 2024

Imee Marcos: Romualdez mastermind behind people’s initiative

Imee Marcos: Romualdez mastermind behind people’s initiative.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Imee hopes Recto won’t push for additional taxes

Sen. Imee Marcos is urging newly appointed Finance Secretary Ralph Recto to strengthen the country’s tax collection system first, instead of talking about “trillions of taxes.”.....»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

House probe sought on country’s forest fire fighting capabilities

 A lawmaker is calling on the House of Representatives to probe the government’s capability in combatting forest fires following the series of forest fires in Benguet province and elsewhere......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

House probe on irregular sale of NFA rice set on March 7

The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

House committee of the whole approves RBH7

The House of Representatives – acting as a committee of the whole – approved overwhelmingly yesterday Resolution of Both Houses No. 7, containing three proposed amendments to perceived restrictive economic provisions in the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

House committee approves measure seeking to ban Pogo in PH

House committee approves measure seeking to ban Pogo in PH.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

Solons hail House Speakers leadership in Congress - manilastandard.net

Solons hail House Speakers leadership in Congress manilastandard.net.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

FPRRD opposes disguised Charter change initiative

Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Simula Enero, mahigit 200 na ang patay dahil sa pagkalunod –PNP

AS of March 28, nasa 212 na ang patay dahil sa pagkalunod sa karagatan at ilog sa buong bansa. Ayon ito sa report ng Philippine National Police (PNP) na ipinadala sa INQUIRER.net kamakailan lang. Base sa datos, 223 individuals ang sangkot sa drowning incidents mula pa noong nagsimula ang taong 2024. Maliban sa 212 deaths,.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

DOT seeks inclusion in protected areas board amid Chocolate Hills issue

Department of Tourism Sec. Christina Frasco —INQUIRER.net file photo / Ryan Leagogo After the recent controversy surrounding a resort development near Chocolate Hills in Sagbayan town, Bohol, the Department of Tourism (DOT) announced plans to advocate for its inclusion in the national government’s Protected Area Management Board (PAMB). Tourism Secretary Christina Frasco stated during a.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024