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Trump selects concept for $175-B Golden Dome missile defense system

Manila Bulletin

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May 22, 2025

President Donald Trump has announced the concept he wants for his future Golden Dome missile defense program — a multi-layered, $175-billion system that for the first time will put US weapons in space.

Trump selects concept for $175-B Golden Dome missile defense system

Speaking Tuesday from the Oval Office, Trump said he expects the system will be "fully operational before the end of my term," which ends in 2029, and have the capability of intercepting missiles "even if they are launched from space."

It's likelier that the complex system may have some initial capability by that point, a US official familiar with the program said.

Trump, seated next to a poster showing the continental US painted gold and with artistic depictions of missile interceptions, also announced that Gen. Michael Guetlein, who currently serves as the vice chief of space operations, will be responsible for overseeing Golden Dome's progress.

Golden Dome is envisioned to include groundand space-based capabilities that are able to detect and stop missiles at all four major stages of a potential attack: Detecting and destroying them before a launch, intercepting them in their earliest stage of flight, stopping them midcourse in the air, or halting them in the final minutes as they descend toward a target.

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DBP needs longer dividend relief to recover MIC capital

State-run Development Bank of the Philippines (DBP) will continue to seek regulatory and dividend relief for several more years as it aims to recover the capital it infused into the Maharlika Investment Corp. (MIC).

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1 mins

December 2, 2025

Manila Bulletin

FLI deploys P2 B for 10 new projects

Gotianun-led Filinvest Land Inc. (FLI) reported that it has reinvested ₱1.86 billion raised from the share buyback and exchange for Filinvest REIT Corporation (FILRT) shares executed on December 11, 2024.

time to read

1 min

December 2, 2025

Manila Bulletin

Olivarez captures back-to-back Open titles

Eric Jed Olivarez further solidified his status as one of Philippine tennis' brightest stars after clinching the Mayor Edwin Olivarez National Open Tennis Championship crown for the second straight year, emphatically defeating the same opponent he swept in last year's finals.

time to read

1 min

December 2, 2025

Manila Bulletin

An indelible trademark for nat'l athletes

The design went public June last year on the track suits of Filipino athletes while in training camp in Metz for the Paris Olympics Last October, Filipino athletes at the World Games in Chengdu last August were all clad in a perked up and more colorful tracksuits and podium shirts, and the same uniforms were worn at the Asian Youth Games in Manama in October.

time to read

1 min

December 2, 2025

Manila Bulletin

Manila Bulletin

PH to miss 2025 growth target

Corruption taking heavy toll on economy

time to read

2 mins

December 2, 2025

Manila Bulletin

Angara: 2026 DepEd budget to sustain universal, targeted school feeding

Department of Education (DepEd) Secretary Sonny Angara on Monday, Dec. 1, said the 2026 budget of the DepEd will allow the agency to sustain its combined approach of universal and targeted school feeding, as lawmakers approved a significant increase to strengthen the government's efforts to curb undernutrition and support early learning.

time to read

1 mins

December 2, 2025

Manila Bulletin

Corruption scandal hits investor trust

Japanese financial giant MUFG Bank Ltd. said investors have turned pessimistic following heightened political risks, but the relative strength of the Philippine peso is buoying sentiment.

time to read

1 mins

December 2, 2025

Manila Bulletin

PNP, Informatics ink education pact to boost digital skills of cops

The Philippine National Police (PNP) said Friday, Nov. 28, that it has expanded its push for atechnology-skilled and future-ready force through a newly signed educational partnership with Informatics Philippines and PNP Foundation, Inc. (PNPFI).

time to read

1 mins

December 2, 2025

Manila Bulletin

Borrowing costs drop on S&P nod

The Marcos administration borrowed P25 billion through the sale of short-dated Treasury bills, exceeding its planned amount of P22 billion, as lower borrowing costs and a recent affirmation from debt watcher S&P Global Ratings boosted investor appetite.

time to read

2 mins

December 2, 2025

Manila Bulletin

Pag-IBIG Fund assists 3.2 million members through cash loans in Jan-Oct, up 28%

Pag-IBIG Fund helped 3.2 million Filipino workers meet their immediate financial needs through its short-term loan (STL) programs from January to October 2025, marking a 28% increase in borrowers compared to the same period last year, officials announced on Monday, Dec 1.

time to read

2 mins

December 2, 2025

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