Category: General

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

Bicol: The Police Regional Office in Bicol (PRO-5) has successfully apprehended 13 individuals and seized 159.17 grams of illegal drugs valued at PHP1.05 million during their recent anti-drug operations conducted on Wednesday, as indicated in a police report released on Thursday. Among the areas targeted, Camarines Sur saw the highest amount of illegal drugs confiscated, amounting to PHP683,900, with three suspects detained. Camarines Norte followed, with drugs worth PHP202,920 and six arrests. Naga City recorded PHP159,800 in drug seizures with two arrests, while Albay and Catanduanes each accounted for one arrest with drugs valued at PHP6,868 and PHP319, respectively. According

Canlaon City: Canlaon City Mayor Jose Chubasco Cardenas has assured the public of transparency and accountability in handling operations in response to the eruption of Mt. Kanlaon. The mayor welcomed independent investigations and emphasized that the Incident Management System meticulously records all transactions and financial activities related to disaster response efforts. According to Philippines News Agency, the mayor stated, ‘We understand the concerns raised regarding the expenses and assistance provided in response to the Mt. Kanlaon incident. Transparency and accountability remain at the forefront of our operations.’ Cardenas highlighted that a dedicated Finance Section tracks all funding sources, donations, and

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

Makati City: The Department of Foreign Affairs (DFA) is taking seriously any indication of espionage operations by foreign nationals in the Philippines. According to Philippines News Agency, DFA spokesperson Ma. Teresita Daza stated that the agency acknowledges the ongoing investigation into suspected espionage activities involving a Chinese national working with Filipinos in the country. She emphasized the department’s commitment to safeguarding national security and its readiness to support relevant government agencies. Daza highlighted the DFA’s willingness to collaborate with the Department of Justice, the National Bureau of Investigation, the Armed Forces of the Philippines, and other concerned agencies as they