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PBBM: Oil excise tax cut possible if Dubai crude tops $80 per barrel

Manila, March 3 -- President Ferdinand R. Marcos Jr. on Tuesday said he may seek "emergency" powers to reduce excise tax on petroleum products, if Dubai crude exceeds USD80 per barrel. Speaking at a ... Read More


PBBM: No global supply chain impact yet from Middle East tensions

Manila, March 3 -- President Ferdinand R. Marcos Jr. on Tuesday said there is no significant disruption yet in the global supply chain despite escalating tensions in the Middle East. In a press confe... Read More


PBBM: Gov't studying dollar-peso rate impact on OFW remittances

Manila, March 3 -- The government is studying the possible impact of the dollar-peso exchange rate on the remittances of overseas Filipino workers (OFWs), President Ferdinand R. Marcos Jr. said Tuesda... Read More


PH, S. Korea sign deals on agri, trade, defense, digital cooperation

Manila, March 3 -- The Philippines and South Korea on Tuesday signed at least 10 agreements aimed at enhancing cooperation in key areas such as digitalization, agriculture, trade and investment, defen... Read More


Philippines, Korea commit to maximize free trade deal

Manila, March 3 -- The Philippines and South Korea on Tuesday pledged to maximize their Free Trade Agreement (FTA), highlighting efforts to expand trade and investment ties. The commitment came after... Read More


PH, Sokor hope for peace in Middle East; tackle SCS, Korean Peninsula

Manila, March 3 -- The Philippines and South Korea on Tuesday expressed hope for the early restoration of peace and stability in the Middle East amid the escalating tensions involving the United State... Read More


PH, SoKor eye expanded cooperation in shipbuilding, nuclear power, AI

Manila, March 3 -- The Philippines and South Korea on Tuesday pledged to expand cooperation in strategic sectors including shipbuilding, nuclear power, artificial intelligence (AI), and digital techno... Read More


S. Korea backs ASEAN chairship, peace efforts of Philippines

Manila, March 3 -- South Korean President Lee Jae-myung on Tuesday expressed support for the Philippines' chairship of the 2026 Association of Southeast Asian Nations (ASEAN) Summit and Related Summit... Read More


Palace: PBBM well, healthy, working on weekend

Manila, Feb. 28 -- President Ferdinand R. Marcos Jr. is "well and healthy," Malacaang said on Saturday, dismissing rumors that the Chief Executive was brought to St. Luke's Medical Center in Quezon Ci... Read More


Marcos, PSAC to tackle PhilHealth digitalization, airport upgrade

Manila, Feb. 27 -- President Ferdinand R. Marcos Jr. will convene the Private Sector Advisory Council (PSAC) on Friday afternoon to discuss priority reforms, including the government's intensified dig... Read More