Ferdinand Marcos Jr is set to become President of the Philippines and Sara Duterte, the daughter of the current President, Rodrigo Duterte, is set to become Vice President. Foreign investors are expected to resort to a wait-and-see approach since the President-elect has not made his economic policies clear. The Immediate challenges facing Marcos Jr include the Philippines’ high … [Read more...] about What a Ferdinand Marcos Jr Presidency Will Mean for Foreign Investors in Philippines
Rodrigo duterte
Biden’s senior exec says Asean meet shows US isn’t overly focused on Ukraine
US President Joe Biden meeting with Asean leaders at the US-Asean special summit in Washington DC on May 13, 2022. AFP file photo MANILA, Philippines — The recently concluded United States (US)-Asean Special Summit is also an assurance that US President Joe Biden’s administration is not overly focused on the Ukraine issue, a senior official of the US government told … [Read more...] about Biden’s senior exec says Asean meet shows US isn’t overly focused on Ukraine
A new vision for Asean
ON the same day intended to celebrate Europe and the voice of its citizens, several European Union members issued a joint declaration that not only caused frustration, but also served as a good reminder of the political reality. Europe Day, celebrated on May 9, commemorates the Schuman Declaration, named after former French foreign minister Robert Schuman who proposed the … [Read more...] about A new vision for Asean
Brazil Senate leaders offer support for courts facing Bolsonaro attacks
BRASILIA (Reuters) - Brazilian Senate leaders are stepping up support for the judiciary as it comes under fresh attack from President Jair Bolsonaro, who is gearing up for a re-election campaign by questioning the integrity of a voting system run by the courts. The far-right president, who is trailing in the presidential race, has called the country's electronic voting … [Read more...] about Brazil Senate leaders offer support for courts facing Bolsonaro attacks
PH needs P326 billion yearly to pay debts
Albay Rep. Joey Salceda (FILE PHOTO) MANILA, Philippines — The next administration will need at least P326 billion in new revenues each year to cover the principal and interest payments for the country’s debts incurred amid the COVID-19 pandemic. House ways and means panel chair and Albay Rep. Joey Salceda said the government’s best option to raise this was through tax … [Read more...] about PH needs P326 billion yearly to pay debts