Manolo Serapio Jr.

2 weeks ago | bloomberg.com | Manolo Serapio Jr. |Andreo Calonzo

Ferdinand Marcos Jr.(Bloomberg) -- Philippine President Ferdinand Marcos Jr. has told his entire Cabinet to resign, announcing a bid to “recalibrate” his administration after an underwhelming performance by his allies in last week’s Senate election. “It’s time to realign government with the people’s expectations,” Marcos said in a statement released by his communications office Thursday. “The people have spoken, and they expect results — not politics, not excuses.

1 month ago | news.bloomberglaw.com | Cliff Venzon |Manolo Serapio Jr.

The Philippines and Japan plan to expand their security partnership, their leaders said, as both countries grapple with maritime disputes with China. The two nations agreed to start negotiations on an Acquisition and Cross-Servicing Agreement during their bilateral meeting in Manila, Philippine President Ferdinand Marcos Jr. said in a joint briefing with visiting Japanese Prime Minister Shigeru Ishiba on Tuesday. Details of the potential deal were not immediately available.

1 month ago | bloomberg.com | Ditas Lopez |Manolo Serapio Jr.

Commercial and residential buildings in the Central Business District in Makati City, the Philippines. (Bloomberg) -- The Philippines sold 300 billion pesos ($5.3 billion) of local bonds - equivalent to about 12% of its borrowing plan this year - helping secure funding at a time of global market volatility.

1 month ago | news.bloombergtax.com | Ditas Lopez |Manolo Serapio Jr.

The Philippines won’t cut its holdings of US Treasuries despite upheavals in global financial markets triggered by President Donald Trump’s evolving tariff actions. “We will diversify our reserves and for now I think we have just the right mix of assets,” Bangko Sentral ng Pilipinas Governor Eli Remolonasaid, referring to the nation’s foreign reserves that include investments such as US Treasuries.

1 month ago | bloomberg.com | Ditas Lopez |Manolo Serapio Jr.

Eli Remolona (Bloomberg) -- The Philippines won’t cut its holdings of US Treasuries despite upheavals in global financial markets triggered by President Donald Trump’s evolving tariff actions. “We will diversify our reserves and for now I think we have just the right mix of assets,” Bangko Sentral ng Pilipinas Governor Eli Remolona said, referring to the nation’s foreign reserves that include investments such as US Treasuries.