Michael Apacible Bulletin

  The Economic Legacy of President Benigno Aquino III: A Transformative Era The Philippines’ Economic Transformation (2010-2016) From 2010 to 2016, the Philippines experienced a remarkable economic transformation. Under the leadership of President Benigno "Noynoy" Aquino III, the country transitioned from being the "sick man of Asia" to an emerging economic powerhouse in Southeast Asia. His administration was credited with implementing policies that fostered stability, transparency, and economic growth, leading to significant improvements in the nation's financial standing. The State of the Economy Before Aquino’s Presidency Before Aquino assumed office, the Philippines faced economic stagnation, widespread poverty, and political instability. The global financial crisis of 2008 further exacerbated the country's economic woes. However, by the end of Gloria Macapagal Arroyo’s administration in 2009, economic recovery efforts had been set in motion, with a reco...

  Mayor Baste Duterte's remarks on President Marcos Jr.'s supposed lack of gratitude towards former President Duterte. The Palace reiterates that Marcos had already expressed his gratitude in 2016 and emphasizes that gratitude should not override legal obligations. Concerns about alleged planned raids in Davao are addressed, with officials dismissing them as fake news. The conversation also touches on the boundary between free speech and inciting sedition, with the administration stating it will act if necessary but currently has no plans for legal action. Additionally, there is mention of Senator Imee Marcos' proposed Senate inquiry into the arrest of former President Duterte, with Malacañang stating it will cooperate if needed. Lastly, the administration remains confident in investor interest in the country, emphasizing adherence to the rule of law as a key factor for foreign investments.