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Attracting investments
BBM must really think so poorly of us to claim he made his recent Singapore F1 Grand Prix trip to bring in investments. Indeed, other presidents before him justified their expensive foreign junkets the same way and we always just rolled our eyes.
Stocks slip as investors cash in
Investors yesterday decided to take profits amid economic concerns, cutting short the local stock market’s two-day climb.
‘Complete secrecy’ in Semirara coal auction flagged
Semirara Mining and Power Corp. has criticized what it claims is “complete secrecy” surrounding the award of a new operating contract for the country’s largest coal mine.
High food, energy prices to weigh on Philippines growth
The Philippine economy is expected to book slower growth than most major Southeast Asian peers this year as high food and energy prices weigh on activity, before staging a stronger rebound in 2027, according to the International Monetary Fund.
Toyota eyes bigger bet on Tamaraw
Toyota Motor Philippines Corp. is ready to make additional investments for the next-generation Tamaraw as it plans to participate in the government’s Revitalizing the Automotive Industry for Competitiveness Enhancement program.
FDI inflows sink 44% in July – BSP
Foreign direct investment net inflows into the Philippines fell sharply in July from a year ago, pulling the seven-month tally down by nearly a quarter as all major components of foreign investment weakened.
WATCH: Sison calls withdrawal of 3 impeachment articles ‘ridiculous’
MANILA, Philippines – Lead defense counsel, lawyer Sheila Sison criticizes the prosecution’s decision to withdraw three impeachment articles against Vice President Sara Duterte, calling the move “ridiculous” and “unacceptable.”/dp READ: Impeachment court approves prosec move to drop 3 of 4 charges vs VP
VP impeachment trial: Court releases November schedule
MANILA, Philippines – The Senate impeachment court unveiled on Tuesday the schedule of Vice President Sara Duterte’s impeachment trial in November, as it resumed proceedings followinga pause.. READ: Gatchalian: Defense to start presentation on Nov. 9 Presiding officer Francis “Chiz” Escudero enumerated the following dates allotted for Duterte’s trial coinciding with the 20th Congress’ resumption
Luistro telling Duterte to use other platform ‘ridiculous’ — Sison
MANILA, Philippines — The suggestion from Batangas Rep. Gerville Luistro that Vice President Sara Duterte can use other platforms to respond to evidence that the prosecution has presented but later withdrew is ridiculous and unbelievable, lead counsel for the respondent Sheila Sison said on Tuesday. During the resumption of Duterte’s trial, Sison again called out Luistro
Sara Duterte: I will never resign
MANILA, Philippines — Vice President Sara Duterte on Tuesday said that she would “never” resign from her post, despite mounting political pressure and legal challenges, including an impeachment trial. “No, no, no. I will not resign,” Duterte said in a chance interview when asked if this would ever lead to her resignation. “I will never