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According to the survey results, 17 percent of Filipinos consider the Philippine economy to be the most important macro issue for President Marcos Jr. to address.
A few weeks ago, President Marcos Jr. has ordered the DA to fast-track the importation of 64,050 metric tons (MT) of refined sugar through the MAV mechanism to further “stabilize” sugar prices that have remained elevated.
Source: https://businessmirror.com.ph/2023/01/02/govt-mulling-over-mav-scheme-for-sugar-imports/
Hontiveros questioned the release of SO No. 6 without the signature of President Marcos, who concurrently holds the roles of Secretary of the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA).
In his first State of the Nation Address (SONA), President Marcos Jr. recognized the world’s “exponential adoption of technology” and that the Philippines simply “cannot stand idly by.”
“I simply voiced to him my concern of the some incidents happening between Chinese vessels and Philippine vessels culminating in an actual collision,” President Marcos Jr. said in a briefing with reporters at the Ritz-Carlon San Francisco.
It took a while, but Biz Buzz learned that President Marcos has finally made the important decision on whom to appoint as the very first head of the Maharlika Investment Fund.
Source: https://business.inquirer.net/431213/biz-buzz-maharlika-head-chosen
President Marcos had also ordered the NFA to buy palay from farmers at a higher farmgate price for them to enjoy higher income, while also selling rice in the market at a lower price.
Source: https://newsinfo.inquirer.net/1851424/cebu-to-sell-nfa-rice-at-p20-kilo-soon-gov-gwen-garcia
President Marcos Jr. also asked Xi if they could “go back to the situation where both Chinese and Filipino fishermen were fishing together in these waters.”
President Marcos will emphasize the pivotal role of the executive and legislative branches of ASEAN, as well as the private sector and youth, in advancing growth and shaping the future of the region.
SB 2221, the proposed Magna Carta of Filipino Seafarers, was also approved on Wednesday after President Marcos certified it as urgent.
Source: https://newsinfo.inquirer.net/1838273/senate-approves-18-bills-on-last-week-of-september
Secretary Arsenio Balisacan of Neda said that President Marcos instructed the economic managers to pursue PPPs as a means of financing the development of critical infrastructure in the country.
Source: https://business.inquirer.net/405714/rest-of-decade-is-ph-time-dbs-group-head
Sen. Risa Hontiveros, for her part, said that the price of sugar in the market is unlikely to drop to its previous low level despite the order issued by President Marcos to import an additional 150,000 MT.
Source: https://businessmirror.com.ph/2023/05/23/sra-gathers-data-for-may-sugar-import-requirement/
The potential venture between the two firms was previously announced by President Marcos during his recent state visit to Malaysia.
Source: https://business.inquirer.net/419002/biz-buzz-new-mpic-infra-partnership