The Marcos Jr administration submits its proposed 2023 budget at a whopping P5.268 trillion. The proposed amount grew 4.9% year-on-year compared to last year's figures. Education, infrastructure, and agriculture are the top priorities for the national government.— Ramon Royandoyan DEVELOPING: The...
Philippine Airlines said Saturday it was filing for bankruptcy in the United States to slash $2 billion in debt as it tries to survive an industry gutted by the coronavirus pandemic. The national carrier of the Philippines said the filing will allow it to restructure contracts and cut debt by ...