• 01 July 2015
MANILA, July 1 --  As President Benigno S. Aquino III marked his fifth year in office, the Palace on Tuesday reported its achievements in the past five years, vowing to further improve the delivery of essential public services and strengthen public institution for sustainable and inclusive growth. "Today, as he marks the completion of five years of his term of office, he reiterates his sworn commitment to ‘faithfully and conscientiously fulfill his duties as President of the Philippines’,” Communication Secretary Herminio Coloma, Jr. said during a press briefing. "While the President will deliver a comprehensive report to the people in his final State of the Nation Address on July 27 before a joint session of Congress, it is well to affirm how he has lived up to the promises that he made in his platform of government when he filed his certificate of candidacy." Since 2010, Secretary Coloma said, the country's average gross domestic product (GDP) growth of 6.3 percent has been the highest level attained by the Philippines in the past four decades. This is the fastest growth rate of any nation in the ASEAN region and the second fastest in the Asia-Pacific region, he sa ...Read more

PH economy could absorb shocks posed by Greek debt crisis, says Palace official

 CENTRAL  01 July 2015
MANILA, July 1 --  The country's economy is strong enough to withstand the effects of the Greek financial crisis, Malacañang said on Tuesday. "According to Finance Secretary Cesar Purisima, ‘The Philippines is in a much stronger position now to face the volatility that may result from Grexi ...Read more

Dutch Queen Maxima lauds Philippines financial inclusion efforts

 CENTRAL  01 July 2015
MANILA, July 1 -- Her Majesty Queen Maxima of the Netherlands commended the Philippines’ efforts in making financial services more accessible to all Filipinos. The Queen, who is also the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development, paid a courtesy c ...Read more