Articles
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5 days ago |
bloomberg.com | Andreo Calonzo
Sara Duterte(Bloomberg) -- Philippine Vice President Sara Duterte slammed President Ferdinand Marcos Jr. for leaning towards the US, while signaling openness to friendlier ties with China. Duterte particularly criticized Marcos’ move to allow an American missile system on Philippine soil that has angered Beijing, saying Manila has nothing to do with tensions between the US and China.
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1 week ago |
bloomberg.com | Andreo Calonzo |Prima Wirayani
Eli Remolona(Bloomberg) -- The Philippines will tolerate the slide in its currency to a 10-week low, with the central bank governor saying intervention won’t be effective in the face of global risk aversion. “It’s futile to intervene when it’s a strong dollar story driven by safe-haven flows,” Bangko Sentral ng Pilipinas Governor Eli Remolona told Bloomberg News this week.
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1 week ago |
bloomberg.com | Andreo Calonzo |Cliff Venzon
Ferdinand "Bongbong" Marcos Jr., right, with Sara Duterte in 2022. (Bloomberg) -- The Marcos and Duterte families dominate politics in the Philippines which can be as much a battle of personalities and factional interests as of policy. When the two clans joined hands in the 2022 election, with President Ferdinand Marcos Jr. governing alongside Sara Duterte as his deputy, it appeared to usher in a new era of consensual politics.
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2 weeks ago |
news.bloomberglaw.com | Andreo Calonzo
The Philippine government will generate 25.06b pesos in additional revenues through 2028 from a proposal that updates the tax structure for the mining sector, the Department of Finance says.
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2 weeks ago |
news.bloombergtax.com | Andreo Calonzo
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RT @business: Philippine voters appear to have delivered a blow to President Ferdinand Marcos Jr. and a boost to the rival Duterte clan, wh…
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