Presidential Updates

PH, Saudi ink over $4.26-B investment agreement during PBBM’s visit

The Philippine business delegation signed an investment agreement worth more than $4.26 billion with Saudi business leaders on Thursday at the sidelines of President Ferdinand R. Marcos Jr.’s attendance at the Association of Southeast Asian Nations-Gulf Cooperation Council (ASEAN-GCC) Summit in Saudi Arabia.

Maharlika Fund to push through implementation before year-end – PBBM

President Ferdinand R. Marcos Jr. clarified on Thursday that the administration will push through with the implementation of the Maharlika Investment Fund (MIF) law, which will start before the year ends.

PBBM vows to advance PH’s interests in food security, energy, trade in his attendance to the ASEAN-GCC Summit

President Ferdinand R. Marcos Jr. said Thursday he is attending the first Association of Southeast Asian Nations-Gulf Cooperation Council (ASEAN-GCC) Summit to advance the country’s interest in various fields amid the current challenges and major geopolitical developments.

PBBM suspends implementation of Maharlika fund law

President Ferdinand R. Marcos Jr. has ordered the suspension of the implementing rules and regulations (IRR) of Republic Act (RA) 11954 or the Maharlika Investment Fund (MIF) Act of 2023, Malacañang announced Wednesday.

PBBM foreign visits yield P427 billion foreign investments for BOI

President Ferdinand R. Marcos Jr.’s foreign visits resulted in P427 billion foreign investments with the Bureau of Investments with the bulk going to the renewable energy sector.

PBBM calls for consolidation of farmers cooperatives, associations for PH agri dev’t

Recognizing the important role of cooperatives in agricultural development, President Ferdinand R. Marcos Jr. called on the country’s cooperative movement on Monday to start the consolidation process for local farmers cooperatives associations (FCAs), vowing government support in carrying out the effort.
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