Real News that Matter!
Philippine President Ferdinand R. Marcos Jr.’s strong leadership in the ASEAN made the country a promising contributor to the development of the region. Massive infrastructure projects, technology enhancements, international human resources, and many more are rapidly materializing. ADB’s forecast is that the GDP growth in developing Asia is expected to stay strong, at 5.2% in 2022…
China’s Prime Minister’s first visit to Russia after the Ukraine invasion is definitely a sign of support for Russian Prime Minister Vladimir Putin. But a stronger alliance for world war is not on the agenda. It’s not in the best interest of China to participate in the chaos because it’s harmful to its economy. To…
The Bangko Sentral ng Pilipinas assures depositors that their money is safe because, unlike American banks, local banks are not based on loans. Bankers Association of the Philippines explains further that the fallout from the closures of Silicon Valley Bank (SVB) and Signature Bank won’t have an impact on Philippine banks. They have diversified deposit…
The ICC is aware that they cannot just arrest Russia’s Prime Minister Vladimir Putin. They have no jurisdiction over their country’s laws. His alleged war crimes include child trafficking when families were forced to vacate and separated from each other. The children were either adopted or killed under extreme difficulties. However, Putin does not even…
President Bongbong Marcos announces in an event that the government’s Kadiwa initiative has become successful. Therefore, his claim to provide Php 20 rice per kilo would be a reality on a wider scale. Not only during special events but would be a more common practice in the local communities. He said that it’s his dream…
The Philippine Department of Energy (DOE) outlines an overly ambitious two-fold agenda. This is to attain energy security and implement power market reforms. By 2040, the Philippine oil and gas sector intends to increase reserves and production of local oil, gas, and coal. Then, improve downstream oil industry policies for the continuous supply of high-quality and…
The United States of America already reached its $31.4 debt ceiling. The debt ceiling is the self-imposed limit on how much debt Congress allows the federal government to have. If Congress does not raise or suspend the debt ceiling, the U.S. could default on its debt, which would also impact financial markets and the economy….
The Government’s external debt right now is $109 Billion in the private and public sectors. But only $67 Billion belongs to the government. These are under two categories. The first source is the multilateral institutions like the ADB, IMF, and the like. The second category is external debt from countries where Japan is the biggest…
The DOTR said that they did not recommend to the government the immediate jeepney phaseout. Only the ones that are not worthy to travel the road must be stopped. Although this cultural mode of transportation is a livelihood for public drivers, they must be responsible also for their passengers. Many are involved in deadly accidents…
The oldest farmer in a ceremony cannot hold himself and managed to talk to the president onstage who graciously stand up to accommodate him. His whisper to President Ferdinand R. Marcos, Jr. certainly has nothing to do with the stock market. He’s just grateful to be a witness of two Marcos administrations. He claimed that…