• 23 May 2017
DAVAO CITY, May 23  ─ President Rodrigo Roa Duterte on Monday, May 22 left for Russia, saying that his landmark visit will emphasize the Philippines’ independent foreign policy. In his departure statement, the Chief Executive said the most anticipated visit highlights the independence of the Philippines’ foreign policy and the firm resolve to broaden the horizons of friendship and cooperation with other nations. He further noted that Russia is a country that the Philippines must work with and that there are opportunities for cooperation that cannot be ignored. “With its geographic footprint in the Asia-Pacific region and its strategic interests in the region, a positive engagement is required to find areas of synergies in interests,” Duterte said in a statement at the Davao International Airport prior to his departure. The President also hopes that the official visit will lay the firm foundation for a “robust, comprehensive, and mutually-beneficial Philippines–Russia partnership.” During the four-day official visit, the President will be accompanied by heads of the Philippine legislature and key Cabinet officials. He said the high-level delegation is ...Read more

DOF study links infra, social investments to inclusive growth

 CENTRAL  23 May 2017
MANILA, May 23 -- Quicker economic growth sets the stage for wider fiscal space through greater investments in infrastructure, conditional cash transfer (CCT) and micro-lending programs, which, in turn, accelerate poverty reduction and spell financial inclusion, according to a Department of Finance ...Read more

GSIS allots P143 million in emergency loan in 2 Mindanao areas

 CENTRAL  23 May 2017
PASAY CITY, May 23 -- The Government Service Insurance System (GSIS) is allocating P143 million in emergency loans for its active members and old-age pensioners in Jolo, Sulu and Concepcion, Misamis Occidental, which are affected by flashfloods and agricultural damages resulting from heavy rains. ...Read more