Day: January 23, 2025

Makati: Trade Undersecretary Ceferino Rodolfo announced that the new 2025-2028 Strategic Investment Priority Plan (SIPP) will be unveiled during the first half of next year. Rodolfo, who also serves as the Managing Head of the Board of Investments (BOI), highlighted that the investment promotion agency is currently rationalizing the sectors to be included in the upcoming SIPP. These sectors will be aligned with the eight-point socioeconomic agenda of the Marcos administration. According to Philippines News Agency, the SIPP is a three-year plan that lists key economic activities eligible for fiscal incentives under the Corporate Recovery and Tax Incentives for Enterprises

Davos: Speaker Martin Romualdez has reaffirmed the Philippines’ commitment to fostering a business-friendly environment through ongoing legislative and regulatory reforms in a meeting with top business executives at the 2025 World Economic Forum (WEF). According to Philippines News Agency, Romualdez addressed a breakfast interaction between the Philippine delegation and top business executives in Davos, Switzerland. He highlighted the administration’s efforts to strengthen partnerships and attract foreign investment. ‘I wish to emphasize that a key objective of our engagement is to seek the private sector’s counsel and listen to your concerns,’ Romualdez said. ‘Our desire is to stimulate national development that

Marawi City: Anti-narcotics agents supported by police special forces arrested two suspected drug peddlers, including a provincial security force employee, and confiscated PHP3.4 million worth of shabu in a buy-bust operation in Marawi City on Wednesday afternoon. According to Philippines News Agency, Gil Cesario Castro, regional director of the Philippine Drug Enforcement Agency in the Bangsamoro Autonomous Region in Muslim Mindanao (PDEA-BARMM), identified the suspects as ‘Alex,’ 42, a member of the provincial security force and a resident of Tamparan, Lanao del Sur, and ‘Muning,’ 33, of Barangay Tampilong, Marawi City. ‘They have been under surveillance for about three weeks

Manila: The 2025 national budget underwent a thorough and constitutional process and was signed into law without irregularities, a House leader said on Thursday. Deputy Majority Leader and La Union 1st District Rep. Paolo Ortega V made the statement, as he dismissed former president Rodrigo Duterte’s claims of ‘blank appropriations’ in the 2025 budget as misinformation aimed at restoring Vice President Sara Duterte’s controversial confidential funds. According to Philippines News Agency, Ortega criticized the spread of disinformation as a tactic commonly employed by internet trolls to manipulate public perception. He emphasized that people are now more discerning and capable of