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1 week ago | 
bloomberg.com | Ditas Lopez |Neil Jerome Morales
Police Major General Nicolas Torre on March 20. (Bloomberg) -- Philippine President Ferdinand Marcos Jr. promoted a police officer who led the historic arrest of his predecessor, Rodrigo Duterte, as part of a broader government reorganization following a setback in recent elections. Police Major General Nicolas Torre will head the national police force, replacing retiring chief Rommel Marbil, Executive Secretary Lucas Bersamin said in a briefing on Thursday.
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1 week ago | 
flipboard.com | Ditas Lopez |Neil Jerome Morales
NowCNN — The Trump administration has effectively cut off some American companies from selling software used to design semiconductors to China, the Financial Times reported on Wednesday. Impacted companies include Cadence, Synopsys and Siemens EDA, according to the FT’s reporting, which cited people …
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2 weeks ago | 
news.bloomberglaw.com | Andreo Calonzo |Ditas Lopez
Philippine President Ferdinand Marcos Jr. retained his economic managers in a sign of policy continuity amid a Cabinet shakeup, while replacing his top diplomat as tensions with China linger. Finance Secretary Ralph Rectoand Special Assistant to the President for Investment and Economic Affairs Frederick Go will keep their posts, Executive Secretary Lucas Bersamin said in a briefing on Friday. The ministers for trade, economic planning and budget will also stay on, he said.
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2 weeks ago | 
financialpost.com | Andreo Calonzo |Ditas Lopez
Advertisement 1Philippine President Ferdinand Marcos Jr. retained his economic managers in a sign of policy continuity amid a Cabinet shakeup, while replacing his top diplomat as tensions with China linger. Article content(Bloomberg) — Philippine President Ferdinand Marcos Jr. retained his economic managers in a sign of policy continuity amid a Cabinet shakeup, while replacing his top diplomat as tensions with China linger.
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2 weeks ago | 
bloomberg.com | Andreo Calonzo |Ditas Lopez
Ferdinand Marcos Jr., Philippines' president, speaks during a Bloomberg Television interview in Manila, the Philippines, on Tuesday, March 19, 2024.
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2 weeks ago | 
bloomberg.com | Ditas Lopez
Eli Remolona (Bloomberg) -- The Philippine central bank may consider reducing its holdings of US Treasuries after Moody’s Ratings downgraded the US’ credit score, according to Governor Eli Remolona. “We’re looking at it,” Remolona said when asked at a briefing on Friday if there’s a chance the Philippines will start cutting its US Treasuries as part of its reserves.
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3 weeks ago | 
bloomberg.com | Andreo Calonzo |Ditas Lopez
Ferdinand Marcos Jr. during a campaign event in Manila on May 9. (Bloomberg) -- Philippine President Ferdinand Marcos Jr. touted economic gains under his government as he made a final pitch for his Senate candidates before the May 12 midterm vote. Marcos underscored how the Southeast Asian nation has posted one of the fastest economic expansions in the region, and how his government was able to tame price pressures.
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4 weeks ago | 
fortune.com | Ditas Lopez |Neil Jerome Morales
Supporters take part in a mid-term election rally for a political alliance led by Philippines President Ferdinand 'Bongbong' Marcos Junior, in Cavite Province, Philippines, on March 21, 2025. Daniel Ceng—Anadolu via Getty Images)
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4 weeks ago | 
bloomberg.com | Ditas Lopez |Neil Jerome Morales
People wait for jeepneys along a road in Quezon City, Metro Manila, the Philippines, on Monday, May 5, 2025. The Philippines is scheduled to announce its gross domestic product (GDP) figures on May 8. Photographer: Geric Cruz/Bloomberg(Bloomberg) -- The Philippine economy expanded slower than expected in the first quarter, underscoring challenges for policymakers even before the Trump administration’s trade war rocked markets and hurt global sentiment.
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1 month ago | 
financialpost.com | Ditas Lopez |Neil Jerome Morales
Advertisement 1The Philippines’ May 12 midterm election is putting investors on alert for any changes to government policies, as the global trade war exposes weaknesses in one of Asia’s fastest-growing economies. Article content(Bloomberg) — The Philippines’ May 12 midterm election is putting investors on alert for any changes to government policies, as the global trade war exposes weaknesses in one of Asia’s fastest-growing economies.
