
Leaders in the Philippine Senate have backed calls to study the postponement option, originally proposed by ex-finance secretary Gary Teves to cut government spending and redirect funds towards cushioning the impact of skyrocketing fuel rates.
Advertisement
“The times call for such a possible move,” Senate President Vicente Sotto III said on Monday, adding that Marcos could look into the measure.
In December, Congress approved 17.5 billion pesos (US$290 million) for the hosting of Asean events and other related meetings in 2026 after the Philippines took over the reins from Malaysia.
Advertisement
Manila has been hosting foreign ministers’ retreats since January, with the 48th Asean Leaders’ Summit set to take place in Cebu in May, while the 49th summit will occur in November.

Don't Miss:
-
US says China ‘on track’ to fulfil farm purchases ahead of Xi’s Washington visit
-
Susquehanna latest to pick up larger office space in Hong Kong’s Central, sources say
-
Tate brothers lose bid for release from US jail pending extradition fight
-
Once sidelined, China stands ready to broker another Trump-Kim handshake
-
US sanctions Chinese-language Xinbi Guarantee marketplace over cyber scams

Christen Civiletto on Thundering Waters: The Toxic Legacy of Niagara Falls
Khazak President Tokayev’s Influence may extend beyond his Term
Philippines Pushes back as China narrative on Batanes Grows