Latest news with #MarcosJr
Bloomberg
a day ago
- General
- Bloomberg
Philippine Vice President Duterte Questions Impeachment Trial Under New Congress
Philippine Vice President Sara Duterte has questioned whether her impeachment trial on charges that include a suspected plot to assassinate President Ferdinand Marcos Jr. can go forward when a new set of lawmakers takes office next month. Duterte said in a video of a doorstep interview Tuesday that procedural issues may arise for her trial in the Senate due to the current body adjourning next week. If the trial does go ahead in July, Duterte would face public scrutiny over her actions related to the impeachment charges, although her allies' strong performance in a May midterm election has bolstered her chances of acquittal.
Khaleej Times
29-05-2025
- Business
- Khaleej Times
Philippine president retains defence, justice secretaries in shake-up
Philippine President Ferdinand Marcos Jr has retained his defence, justice and interior secretaries but replaced the Solicitor General, his office said, after asking for all his cabinet to resign as he tries to reinvigorate his government. Last week's sweeping call for the "courtesy resignations", which was extended on Thursday to include the heads of companies owned or controlled by the government, followed a disappointing performance in the May 12 midterm elections. "This is not a purge," Lucas Bersamin, Executive Secretary to Marcos, told a press briefing on Thursday, saying it was a drive by the president to improve the quality of public service. "The president has no patience for underperformance." He said Marcos had declined the requested resignations of Defence Secretary Gilberto Teodoro, Justice Secretary Jesus Remulla and Interior Secretary Jonvic Remulla. Bersamin confirmed Solicitor General Menardo Guevarra's earlier announcement that he had been replaced by Darlene Berberabe, Dean of the College of Law of the University of the Philippines. The government reshuffle is widely seen as Marcos' attempt to reset the political agenda and assert his authority over the second half of his single six-year term, although there have not been wholesale changes in the two rounds announced so far. The administration said last week it was retaining the entire economic team, including the secretaries of budget, finance, economic planning, and trade, but said Foreign Affairs Secretary Enrique Manalo will be replaced by his undersecretary. Bersamin also said Police Major General Nicolas Torre III will be the next National Police chief, succeeding Police General Rommel Marbil, whose extended term expires next month. Torre gained national prominence for leading high-profile operations, including the March 11 arrest of former president Rodrigo Duterte, carried out at the request of the International Criminal Court.
Borneo Post
27-05-2025
- Business
- Borneo Post
Marcos Jr: BIMP-EAGA fuels trade, investment, and energy growth
Marcos Jr arrives at the Kuala Lumpur Convention Centre today to chair the 16th BIMP-EAGA Summit. — Bernama photo KUALA LUMPUR (May 27): The joint initiatives under the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) have played a vital role in narrowing the development gap within the sub-region. These efforts have been particularly impactful in connectivity, trade and investment facilitation, as well as food and energy security, said Philippines President Ferdinand Marcos Jr. Other areas that have seen significant progress since BIMP-EAGA was launched in 1994 include ecotourism and green development, he said. 'As we convene today, let us take this opportunity not only to celebrate these milestones but also to affirm our shared vision for a more integrated, prosperous, and resilient BIMP-EAGA. 'The path ahead calls for even greater synergy, innovation, and political will. I am confident that through our cooperation, we will continue to transform these aspirations into a lasting impact for our people,' said Marcos, who chaired the 16th BIMP-EAGA Summit held here today. Also present were Malaysia Prime Minister Datuk Seri Anwar Ibrahim, Sultan of Brunei Sultan Hassanal Bolkiah, and Indonesia President Prabowo Subianto. He noted that the 46th Asean Summit this year in Kuala Lumpur holds special significance, as it marks eight years of progress since the adoption of Vision 2025. Cooperation among BIMP-EAGA members has deepened since 2017, yielding tangible benefits for communities across the region, he said, adding: 'Together, we have laid down stronger foundations for inclusive, sustainable and innovation-driven growth.' BIMP-EAGA, he said, has reinforced the commitment to continuously narrow the development gap in the sub-region. The BIMP-EAGA initiative boosts growth in trade, investment, and tourism through new intra-regional shipping routes and air links, as well as power interconnection projects. Other key areas of cooperation include agribusiness, tourism, the environment and socio-cultural education. According to its website, the sub-region covers all of Brunei; the provinces of Kalimantan, Sulawesi, Maluku and West Papua of Indonesia; Malaysia's Sabah, Sarawak, and Labuan; and, for the Philippines, the island of Mindanao and the province of Palawan. These areas are geographically distant from national capitals, yet strategically close to one another. They account for over 60 per cent of the land area of the BIMP-EAGA countries, yet make up about 18.8 per cent of the total population and 18.4 per cent of the labour force. BIMP-EAGA's economy grew by 7.7 per cent in 2022. Its gross domestic product (GDP) at current prices was valued at US$392.1 billion (US$1 = RM4.24), accounting for 18.9 per cent of the combined GDP of the four countries. As of October 2023, the number of priority infrastructure projects (PIPs) under BIMP-EAGA had tripled to 129, amounting to US$38.87 billion, up from only 57 projects in 2017 when BIMP-EAGA Vision 2025 was adopted. — Bernama 16th BIMP-EAGA Summit Ferdinand Marcos Jr
Reuters
23-05-2025
- Business
- Reuters
Philippines' Marcos keeps economic team, replaces foreign minister in cabinet revamp
MANILA, May 23 (Reuters) - Philippine President Ferdinand Marcos Jr will retain his trade, finance, budget and economic planning ministers but will replace the foreign minister in an overhaul of his cabinet, his executive secretary said on Friday. Executive Secretary Lucas Bersamin announced the changes after Marcos had asked all his cabinet secretaries to resign following the government's disappointing performance in midterm elections last week. "The president decided to retain these five members of the economic team so that there will be no more problems of perception about where the country is going," Bersamin told a briefing. Foreign Affairs Secretary Enrique Manalo will be replaced by his undersecretary, Theresa Lazaro, who will take the helm from July 31. Manalo was named as the country's permanent representative to the United Nations. The environment secretary will be replaced by the energy secretary, Bersamin said, adding the performance review was ongoing and decisions would be announced as they are made. "More action will be coming," he said. The cabinet shake-up is widely seen as Marcos' attempt to reset the political agenda and assert his authority over the second half of his single six-year term after a bruising midterm election and in the wake of falling approval ratings.
Arab News
23-05-2025
- Business
- Arab News
Philippines' Marcos keeps economic team, replaces foreign minister in cabinet revamp
MANILA: Philippine President Ferdinand Marcos Jr. will retain his trade, finance, budget and economic planning ministers but will replace the foreign minister in an overhaul of his cabinet, his executive secretary said on Friday. Executive Secretary Lucas Bersamin announced the changes after Marcos had asked all his cabinet secretaries to resign following the government's disappointing performance in midterm elections last week. 'The president decided to retain these five members of the economic team so that there will be no more problems of perception about where the country is going,' Bersamin told a briefing. Foreign Affairs Secretary Enrique Manalo will be replaced by his undersecretary, Theresa Lazaro, who will take the helm from July 31. Manalo was named as the country's permanent representative to the United Nations. The environment secretary will be replaced by the energy secretary, Bersamin said, adding the performance review was ongoing and decisions would be announced as they are made. 'More action will be coming,' he said. The cabinet shake-up is widely seen as Marcos' attempt to reset the political agenda and assert his authority over the second half of his single six-year term after a bruising midterm election and in the wake of falling approval ratings.
