Russia to seek Russian Agricultural Bank’s reconnection to SWIFT

Russia considers the reconnection of the Russian Agricultural Bank to Society for Worldwide Interbank Financial Telecommunication (SWIFT) to be a critical issue in moving forward in reducing barriers to local agricultural product exports, and will try to achieve it, according to Deputy Foreign Minister Sergey Vershinin.   “This is not the first time we’ve discussed […]

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‘Ayuda’ expansion to boost domestic output, curb inflation

The government’s planned expansion of ayuda (subsidy) programs would further aid the country’s economic turnaround following the remarkable gross domestic product (GDP) growth in the third quarter.   The administration of President Ferdinand R. Marcos Jr. is eyeing the provision of PHP206.50 billion worth of subsidies and cash aid under the proposed 2023 national budget […]

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PBBM, Cabinet members steering PH in right direction: solon

Senator Sherwin Gatchalian on Sunday praised some of President Ferdinand Marcos Jr.’s choices of Cabinet members while stressing the importance of the Chief Executive’s travels abroad in attracting investors.   Speaking at the Pandesal Forum in Quezon City, Gatchalian cited Energy Secretary Raphael Lotilla and Energy Regulatory Commission chairperson Monalisa Dimalanta as among the administration’s […]

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