Understanding USAID: Mission, Challenges, and the Recent Freeze

There is a fear that many USAID programs are being ended. Some may and others may not, but the keyword is frozen until programs are evaluated. Trump’s “America first” attitude emphasizes toughness, seeks concrete benefits from foreign engagements, and centers on hardheaded dealmaking.  Below is the mission and the recent reasons for the freeze that…

Read More

President Marcos Urges Tesla to Manufacture Electric Vehicles in the Philippines

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…

Read More

New Record-breaking P760 Billion in 2024 Tourism Revenues

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…

Read More

The Philippines Edges Closer to Upper Middle-Income Status by 2025

According to a recent study by the Philippine Institute for Development Studies (PIDS), the Philippines is making strides toward achieving upper middle-income status by 2025. Despite facing global economic challenges and domestic issues, the country’s economy showcased remarkable resilience in 2023, reaching a 5.6% growth rate. Although this growth is slower than the 7.6% expansion…

Read More
Verified by MonsterInsights