(PAGASA 24-HOUR PUBLIC WEATHER FORECAST as of Wednesday, 04 October 2023) At 3:00 AM today, the center of the eye of Typhoon "JENNY" {KOINU} was estimated based on all available data at 275 km East Northeast of Itbayat, Batanes (21.9°N, 124.2°E) with maximum sustained winds of 150 km/h near the center and gustiness of up to 185 km/h. It is moving West Northwestward at 10 km/h. Southwest Monsoon affecting Central Luzon, Southern Luzon, and Visayas. Butuan City, Agusan del Norte, Agusan del Sur, Dinagat Islands, Surigao del Norte and Surigao del Sur will experience Partly cloudy to cloudy skies with isolated rainshowers or thunderstorms due to Southwest Monsoon / Localized Thunderstorms. Possible flash floods or landslides during severe thunderstorms. Light to moderate winds coming from South to Southwest will prevail with slight to moderate seas (0.6 to 2.5 meters).

Friday, September 23, 2022

Road to progress: PBBM touts eight-point socio-economic agenda before US investors, biz leaders

President Ferdinand "Bongbong" Marcos Jr. on Thursday presented his administration's eight-point socio-economic agenda aimed at dramatically cutting poverty incidence and elevating the country to upper-middle-income status.

"Our socio-economic agenda charts out the government's policy and its different directions that will be used to tackle both near- and medium-term priorities," said Marcos at the Philippine Economic Briefing in New York City.

The President said his administration is ramping up efforts to address the impact of inflation.

"In the near term, we will address the impact of growing inflationary pressures due to rising global prices of key commodities such as food and fuel. We will ensure domestic food security by boosting local food production and continue the provision of targeted support for sectors most affected by the rise in fuel prices," said Marcos.

Marcos also expressed confidence that the Philippine economy is on track to outperform its Asian neighbors.

"I thank you for your continuing interest in the Philippines, which we are touting as with great confidence as Asia's fastest rising economic star," he told American business leaders and investors.

In his six-day working visit to the United States, Marcos also met with members of the Filipino community to thank them for their support and contribution to the Philippine economy.

He also delivered a historic speech at the 77th session of the United Nations General Assembly on Tuesday, where he raised urgent action on climate change and food security. (PND)