In a significant move towards sustainable transportation, President Ferdinand R. Marcos Jr. has called on Tesla to consider manufacturing electric vehicles (EVs) in the Philippines. This appeal was made during the launch of the Tesla Service Center at Bonifacio Global City, a landmark event that underscores the country’s commitment to green technology and innovation. The…
Manila, Philippines — The Philippine tourism industry achieved an unprecedented milestone in 2024, with revenues soaring to an all-time high of P760 billion, according to Department of Tourism (DOT) Secretary Christina Garcia Frasco. This remarkable performance represents a 9% increase over the P697.46 billion generated in 2023 and an impressive 126% growth from pre-pandemic levels…
In the race to stay competitive, airline companies around the globe are investing heavily in modernizing their fleets with new, larger aircraft. These advanced planes promise increased passenger capacity, fuel efficiency, and onboard amenities. However, this rapid evolution in the skies often collides with the stark reality on the ground—a glaring example of which is…
Manila, Philippines – The Philippines will respond favorably if the International Criminal Court (ICC) seeks arrest warrants through Interpol related to the investigation of former President Rodrigo Duterte’s war on drugs, according to Executive Secretary Lucas Bersamin. This statement comes as the ICC continues its probe into possible crimes against humanity committed during Duterte’s anti-drug…
Upskilling is becoming essential in the rapidly evolving global workforce. According to a recent World Economic Forum (WEF) report, an estimated 68% of Filipino workers will need to retrain or upskill to stay relevant in the job market. This statistic underscores the importance of continuous learning and adaptation in the face of technological advancements and…
Economic fears fuel support for hostile actions was notably higher among younger respondents, with 53% of those aged 18 to 34 approving such measures. This trend underscores a growing frustration and a lack of hope for the future, particularly among the younger generation.
During Russian Prime Minister Mikhail Mishustin’s recent visit to Hanoi, Vietnam and Russia signed a significant agreement to boost cooperation in the nuclear energy sector. This agreement aims to revive Vietnam’s nuclear energy program, which was suspended in 2016 due to escalating costs and safety concerns.
As Finance Secretary Ralph Recto announced, the Philippines is set to significantly return to the offshore debt market in the first half of 2025, with potential issuances of global and euro bonds. This move aims to bridge the country’s budget deficit.
In a recent address at the Vin d’Honneur at Malacañan Palace, President Ferdinand “Bongbong” R. Marcos Jr. made a compelling case for international support for the Philippines’ bid to secure a non-permanent seat on the United Nations Security Council (UNSC) for the 2027-2028 term. The UNSC, tasked with maintaining international peace and security, comprises 15…
Iranian President Masoud Pezeshkian is set to visit Moscow this week to sign a comprehensive strategic partnership pact with Russian President Vladimir Putin. The Kremlin has confirmed that the agreement will be signed during Pezeshkian’s visit, marking a pivotal moment in strengthening ties between the two nations. The leaders will discuss expanding trade and cooperation…
