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Foreigners not allowed to sit on Maharlika board — DOJ

Speaker Ferdinand Martin G. Romualdez, with fellow lawmakers, applauds President Ferdinand R. Marcos, Jr. after the Chief Executive signed into law the bill establishing the Maharlika Investment Fund (R.A. 11954) in rites held at Malacanang Palace./Office of House Speaker Martin Romualdez  MANILA, Philippines — Malacañang cannot appoint foreign nationals as …

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BSP forecasts 2.8%-3.6% February inflation

The Bangko Sentral ng Pilipinas (BSP) predicts inflation for the month of February could be similar to January’s 2.8 percent or higher at 3.6 percent with mixed price pressures from rice, meat and vegetables, as well as higher power rates and oil prices. The BSP said Thursday, Feb. 29, that …

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Comelec shifts Cha-cha tack

Now favors plebiscite to go with 2025 polls, cites P13b in savings The Commission on Elections (Comelec) on Tuesday said it now favors holding a synchronized plebiscite to ratify proposed amendments to the 1987 Constitution with the 2025 national and local elections. Comelec chairman George Garcia said holding simultaneous plebiscite …

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