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Economic Cha-cha to boost FDI – BSP
Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»
NEDA Chief: More reforms needed to unlock full benefits of Cha-cha
MANILA, Philippines —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»
Charter change: Only the economic provisions should be included
So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»
Extreme weather, economic downturn top risks for Philippines – WEF
Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
MPTC prefers term extension over toll hike
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»
‘SM Green Finds x Zarah Juan’s Tarp Project: Weaving sustainability into the fabric of retail’
In an era where environmental consciousness is not just a trend but a necessary shift toward sustainability, initiatives like SM Green Finds stand out as models for responsible corporate behavior......»»
New Zealand commits 25 mln USD for ADB s energy transition mechanism
MANILA, April 19 (Xinhua) -- The Asian Development Bank (ADB) on Friday said that New Zealand has committed 25 million U.S. dollars to the ADB Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia. The commitment was made by New Zealand Prime Minister Christopher Luxon during his two-day official visit to the Philippines. "We ar.....»»
NGCP, ECCP sign deal to advance renewable energy development
In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»
Israel vows to retaliate against Iran: Here are the risks of this action
JERUSALEM — Israel is vowing to retaliate against Iran, risking further expanding the shadow war between the two foes into a direct conflict after an Iranian attack over the weekend sent hundreds of drones and missiles toward Israel. Israeli officials have not said how or when they might strike. But as countries around the world.....»»
Eating while working? Why it’s bad for your health – The Farm at San Benito doctor
According to doctor Michelle Domalaon of The Farm at San Benito, healthy food is not enough. To achieve one’s fitness goals, she said one should also change one’s attitude toward consuming food......»»
EDITORIAL — Tax-funded escorts
Except for those who lost their entitlements, public reaction has been positive toward restrictions imposed by President Marcos on the use of vehicle sirens or wang-wang, blinkers and similar devices as well as special protocol plates......»»
Bataan, Negros book MPBL wins
The Bataan Risers and Negros Muscovados took different routes toward victories in the 6th MPBL (Maharlika Pilipinas Basketball League) Season Monday night at the Kamalig Coliseum in Orion, Bataan......»»
GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»
GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»
Taiwan s Navy Chief to Visit US Next Week, Sources Say
Taiwan's navy chief, Tang Hua, will visit the United States next week to attend a military ceremony and discuss how to boost bilateral naval cooperation as China raises threats toward the island, six people briefed on the trip said.While Taiwan and the United States have a close relationship, it is unofficial, as Washington formally recognizes China, not the democratically governed island that Beijing claims as.....»»
Baltimore Bridge collapse: Police had about 90 seconds to stop traffic before bridge fell
BALTIMORE — It was the middle of the night when a dispatcher’s warning crackled over the radio: A massive cargo ship had lost its steering capabilities and was heading toward the Francis Scott Key Bridge. Within about 90 seconds, police officers who happened to be nearby responded that they managed to stop vehicle traffic over.....»»
88% of Pinoys oppose Cha-cha – Pulse Asia
Public opinion on Charter change, which last year was roughly divided among Filipinos, is now largely skewed toward those opposed to changing the country’s Constitution, a survey conducted by Pulse Asia showed......»»
Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»