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News and Events

Duterte in Fresh Push for Tax Reforms Amid Backlash Vs TRAIN Law, Outlines Other Economic Priorities

The president says the remaining tax reform packages will be submitted to Congress by end-July

Despite the popular backlash against the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) law that is being widely blamed for rising inflation, President Rodrigo Duterte urged Congress to pass the remaining five packages of his administration’s tax reform ...

by Elyssa Christine Lopez and Pauline Macaraeg  | July 23, 2018 08:00:00
News and Events

SONA 2018: Is Duterte Delivering on His Economic Targets Under the 6-Year PH Dev't Plan?

The economy is improving compared to the past, albeit gradually. Check out how it's doing vis-à-vis targets

President Rodrigo Duterte is set to deliver his third State of the Nation Address (SONA) today at the Batasang Pambansa in Quezon City. It is the president’s chance to address pertinent issues facing  the country, and share with the people his assessment ...

by Pauline Macaraeg  | July 23, 2018 10:00:00
News and Events

(Look) Are the Economy and Markets Better Off After Two Years of Duterte?

A snapshot of key economic and financial indicators as the president marks his second year in power

Two years have passed since President Rodrigo Duterte took office. In that span of time, how has his administration affected the Philippine economy and markets?Contrary to what the president said in a summit in Davao last June 22 that “the economy is ...

by Pauline Macaraeg  | June 29, 2018 01:00:00
News and Events

(LOOK) ”?"One-Of-A-Kind Experience” Promised in New Cebu Airport Terminal

Officials hail the completion of the new terminal during inauguration rites

Entrance to Terminal 2 of the Mactan Cebu International AirportAlmost five years since the project was first bidded out, the new Terminal 2 of the Mactan Cebu International Airport (MCIA) was finally inaugurated on Thursday, June 7.The new passenger terminal, which will ...

by Paul John Caña and Pauline Macaraeg  | June 07, 2018 05:00:00
News and Events

President Duterte Inaugurates Aquino Admin’s Biggest Airport PPP Project

Timely completion of Mactan-Cebu Airport Terminal 2 underscores continuity in infrastructure policy amid tumultuous regime change

Terminal 2 of Mactan Cebu's International Airport will be inaugurated on Thursday, June 7Cebu City – President Rodrigo R. Duterte led the inauguration rites on Thursday, June 7, of the Mactan-Cebu International Airport (MCIA)’s Terminal 2 that will help decongest the country’s ...

by Roel Landingin  | June 07, 2018 12:00:00
News and Events

Duterte Makes It to List of World’s Most Powerful People For 2nd Straight Year

He’s the only Southeast Asian leader to be included in the exclusive ranking

President Rodrigo Duterte was included in business magazine Forbes’ latest list of the world’s most powerful people. He is the only Filipino as well as the only Southeast Asian to be included in the list, ranking 69th among the 75 powerful individuals.In ...

by Lorenzo Kyle Subido  | May 09, 2018 04:00:00
News and Events

Shutting Down Boracay Island: What’s At Stake?

Key facts and figures on the country’s most popular party island

President Rodrigo R. Duterte has repeatedly warned he will shut down Boracay Island to rehabilitate the country’s most well-known tourism destination.The president announced earlier this year that he would close down business establishments in the island due to non-compliance to environmental regulations. ...

by Pauline Macaraeg  | April 04, 2018 09:00:00
News and Events

Is Duterte’s TRAIN Law Veto Bad News For Foreign Investments in PH?

Officials and experts grapple with some of the tough questions at a forum on the new tax law

As euphoria over the relatively quick passage and approval of the Tax Reform for Acceleration and Inclusion (TRAIN) Law in December 2017 give way to the mundane business of complying with its numerous and complex provisions, key questions are emerging on the ...

by Entrepreneur Staff  | February 28, 2018 10:00:00
News and Events

How Much Did Isabelle Duterte's Dream Debut Party Cost?

Here are eye-popping details about Isabelle Duterte's 18th birthday party.

Isabelle Duterte made headlines over the weekend for her lavish 18th birthday celebration.Her dream debut party last Friday night, January 19, at The Peninsula Manila hotel in Makati City drew mixed reactions from netizens.Some were scandalized. There she was, coming out to ...

by Nikko Tuazon for Pep.ph  | January 27, 2018 02:00:00
News and Events

Rapid GDP Growth Sustained After a Year-and-a-Half Under President Duterte

Pace of economic expansion also looks more steady

The Philippines posted an economic growth rate of 6.6 percent in the last three months of last year, bringing full-year growth in 2017 to 6.7 percent. While that was slightly lower than the 6.9 percent in 2016, it was still one of ...

by Pauline Macaraeg  | January 23, 2018 02:00:00
News and Events

Will China Telecom Be PH’s 3rd Telco Player? Here’s What You to Need to Know About the Chinese State-Owned Company

It still needs to find a local partner and acquire a franchise from Congress

Less than a month after Presidential Spokesperson Harry Roque Jr. announced that President Rodrigo R. Duterte had offered China to be the third telecommunications provider in the Philippines, Presidential Communications Secretary Martin Andanar revealed that the Chinese government had selected China Telecom ...

by Pauline Macaraeg  | December 11, 2017 06:00:00
News and Events

Duterte Praises the Zobel de Ayalas and Aboitizes as Responsible Business Owners

Though often critical of the elite, the president asks where would Davao and Makati be without the two wealthy families

President Rodrigo R. Duterte praised the enterprising families of the Zobel de Ayalas and the Aboitizes, two of the wealthiest families controlling sizeable portions of the economy, in a speech last November 18 in Davao City.The president spoke at the launch of ...

by Pauline Macaraeg  | November 22, 2017 10:00:00
News and Events

ABS-CBN Corp. vs GMA Network: Who Did Better in the First Half of 2017?

The first six months of the year weren’t good for both networks

The two biggest broadcasting networks in the country, ABS-CBN Corporation and GMA Network Inc., both suffered revenue and net income declines in the first semester of 2017 compared to the same period last year.ABS-CBN’s net income decline was bigger, which dropped almost ...

by Pauline Macaraeg  | September 17, 2017 10:00:00
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