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ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
Opinion - South China Sea- Philippines must softly manage disputes or miss out economically
Manilas assertive transparency strategy is touted as a model for managing maritime disputes but it diminishes key economic opportunities. As Chinese investment pours into other Southeast Asian countries, the Philippines must reduce geopolitical risks without acquiescing to Beijing......»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»
Most Filipinos reject Charter change, lifting foreign ownership restrictions
An overwhelming majority of Filipinos oppose changing the 1987 Constitution at this time, according to a new Pulse Asia Survey, with results showing Filipinos in all regions and all socio-economic classes did not support the lifting of foreign ownership restrictions in key industries......»»
Agdao Public Market vendors want variety and vegetable sections merged
DAVAO CITY (MindaNews / 24 March) – Vendors of Agdao Public Market here are asking the city government to merge the Variety and Vegetable Sections into one section claiming they have difficulties in getting customers because of their location. In a letter addressed to Mayor Sebastian Duterte, the City Administrator’s Office, the City Economic Enterprise […].....»»
Poe: State of calamity won’t solve Metro traffic
With an estimated P3.5 billion in economic losses incurred per day due to traffic congestion, the government should listen to experts and stakeholders to address the monstrous traffic jams in Metro Manila, Sen. Grace Poe said yesterday......»»
Resumption of FTA talks seen to spur higher EU investments
The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»
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......»»
Business groups laud passage of Salt Industry Development Act
Business groups Philippine Exporters Confederation Inc. (Philexport) and Philippine Chamber of Commerce and Industry (PCCI) welcomed the approval of a law that aims to revive the salt industry which is seen to support economic growth and help create jobs......»»
In March, let’s inspire inclusion
Every year, the 8th of March is the day when we celebrate the multiple achievements of women: social, economic, cultural and political......»»
Stable power supply vital to economic prosperity
If there’s anyone in the world who has circled the globe extensively, US Secretary of State Antony Blinken wins hands down......»»
Arsenio Balisacan: A marathoner and economic planner
National Economic and Development Authority Secretary Arsenio Balisacan, a long distance runner, initially thought the Vancouver Marathon last year would be his last. .....»»
Diffusing tension
In his 2024 State of the Union Address, President Joseph Biden doubled down on his rhetoric against China as he boasted revitalized partnerships in the Pacific. He rattled off India, Australia, Japan, South Korea and the Pacific Islands. He said the United States is standing up against China’s economic practices while standing up for peace across the Taiwan Strait......»»
MAP wants Metro under ‘state of traffic calamity’
Business group Management Association of the Philippines (MAP) is calling on the government to declare a “state of traffic calamity” in Metro Manila, citing the economic losses from the congestion on roads......»»
Philippines, Japan, US foreign officials prepare for tri-summit
As the Philippines prepares for a trilateral summit with Japan and the US on April 11, Foreign Affairs Undersecretary Ma. Theresa Lazaro met on Thursday in Tokyo with Japanese Vice Foreign Minister Okano Masataka and US Deputy Secretary of State Kurt Campbell to discuss regional security issues and economic cooperation......»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»
‘Economic decisions independent from politics’
Finance Secretary Ralph Recto has maintained that his decisions will be separated from his long-standing political background as he pushes for the country’s economic progress......»»
March inflation may pick up amid high food prices
Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»
Cha-cha plebiscite and midterm polls in one event: A test of Comelec s independence
BOTH LEGISLATIVE chambers are now leading charter change discussions. Legislators have repeatedly said that amendments will be limited to economic measures in the 1987 Constitution.Meanwhile, the conduct of the plebiscite had Commission on Elections (Comelec) Chair George Garcia describe the logistical preparations required for it. He argued that it should be held as a separate event from the 2025 midterm electi.....»»
PPP Code IRR out; 20 projects up for approval
Around 20 solicited projects that are part of the government’s infrastructure flagship program are expected to be submitted to the National Economic and Development Authority Investment Coordination Committee for approval this year, the Public-Private Partnership Center said, following the signing of the implementing rules and regulations of the PPP Code......»»