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Sen. Ferdinand “Bongbong” Marcos Jr., articulating his vision for a better Philippines, said the government should create a better environment for the business sector and work for a more equitable distribution of wealth to improve the lot of the poor.

By Riza Lozada Major Russian carriers, including Aeroflot, will be used as platform for the marketing of the “More Fun in the Philippines” campaign, according to the Department of Tourism (DOT). Some 40,000 Russians visit the country annually, according to government data. “We are confident that the new arrangements will help us meet our targets for Russia and the Commonwealth of Independent States (CIS),” Tourism Undersecretary Benito Bengzon Jr. said. The CIS includes Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, …

By Lito U. Gagni The Bangko Sentral ng Pilipinas (BSP) policy of strengthening the peso is among the factors that have denied the country of inclusive growth, the Foundation for Economic Freedom (FEF) said. FEF President Calixto Chikiamco said the need for a “competitive exchange rate” is one of the five desired objectives that the country needs to have inclusive growth, or growth whose economic benefits filter down to include the masses. Chikiamco was one of the featured …

By Luis Leoncio One of President Aquino’s closest allies has called attention to the chronic government underspending that critics of the administration said has become a “policy.”

By Riza Lozada The government is standing firm on its “mandate” to implement policies and rules aimed at ensuring better protection of overseas Filipino workers (OFWs), Labor Secretary Rosalinda Baldoz said recently.

By Luis Leoncio President Aquino is being asked to devote his last State of the Nation Address (Sona)—his legacy speech, according to many—to unfulfilled promises and the improvement of his countrymen’s daily lives.

By Luis Leoncio The pork-barrel system that was resurrected in the 2015 budget, reaching as much as P700 billion in lump sums, was the likely result of a conspiracy of some members of the Executive and Legislative branches to park lump-sum appropriations without intending to use these for the recommended purposes but actually for the selected legislators to realign their …

The Philippines economy is heading for a slowdown as the effects of the European debt contagion that manifested in the problem of Greece are starting to spread worldwide.

By Jerry Maglunog The Bangko Sentral ng Pilipinas (BSP) has imposed stricter capital requirements on 10 of the country’s biggest universal and commercial banks, called domestic systemically important banks (DSIB) or those deemed too big to fail, requiring them to increase their capital adequacy ratio (CAR) to between 1.5 percent and 2.5 percent.

By Luis Leoncio The Department of Energy (DOE) has stopped DM Consunji Inc. (DMCI) group’s Semirara Mining and Power Corp.’s operations in Semirara, Antique, after a wall in the vast coalpit collapsed early Friday morning, killing five miners.