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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.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Guimaras PPOC pushes for collective efforts to reduce traffic accidents

Guimaras PPOC pushes for collective efforts to reduce traffic accidents.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Solo parents to get P1K monthly subsidy

The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

IFC investing $500 million to address Philippines development challenges

The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Job insecurity, climate change pose challenges in Philippines human development – UNDP

The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Dot Property Southeast Asia Awards 2023 celebrates foremost developers, projects and agencies

The Southeast Asia real estate market currently faces challenges in the face of the global economic environment and tightening access to finance, however, the winners at this eighth annual Dot Property Southeast Asia Awards were celebrated in recognition of their resilience and adaptability to both the evolving needs of home seekers and the surrounding market conditions......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Philippines aims to produce nearly 130,000 semiconductor talents by 2028

MANILA, March 11 (Xinhua) -- The Philippines is poised to produce a "robust talent pool" of 128,000 semiconductor professionals, including engineers and technicians, by 2028, the country's President Ferdinand Romualdez Marcos said Monday. The Philippines is "ready to meet the expanding needs of high-technology industries," Marcos said in his address during the courtesy call of the U.S. government and Presidentia.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Philippines aims to produce nearly 130,000 semiconductor talents by 2028

MANILA, March 11 (Xinhua) -- The Philippines is poised to produce a "robust talent pool" of 128,000 semiconductor professionals, including engineers and technicians, by 2028, the country's President Ferdinand Romualdez Marcos said Monday. The Philippines is "ready to meet the expanding needs of high-technology industries," Marcos said in his address during the courtesy call of the U.S. government and Presidentia.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

Partial victory in fight vs PUVMP won through collective action, says PISTON

Groups welcomed the government's three-month extension for public utility vehicle (PUV) consolidation, but said that it's still a long way to go before the repeal of the "corporate-driven" phase-out and modernization program......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Government to address price hikes – NEDA

The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Go pushes reforms to address concerns

The newly created Office of the Special Assistant to the President for Investment and Economic Affairs is spearheading programs and reforms to address investor concerns and streamline processes......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Torregosa to use SM2SM Run winnings for father’s medical needs

CEBU CITY, Philippines — Cebu’s rising marathon star Artjoy Torregosa plans to use her cash prize from Sunday’s SM2SM Run 12 for her father’s medical needs.  Torregosa flexed her winning form anew after emerging as the first overall female finisher in the 21-kilometer half marathon race of the SM2SM Run 12 at the SM Seaside.....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024

Flip Your Biz: Empowering Women Entrepreneurs in Cebu

The GREAT Women Collective, in partnership with HoliCOW PH, proudly presents “Flip Your Biz,” a gathering of women entrepreneurs and luminaries of varying industries in Cebu City to share best practices, and foster important conversations on gender, business, and related socio-economic issues and impact. Slated for February 1, 2024, this intimate gathering and workshop at.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Editorial: Respond to transport needs of the public

Editorial: Respond to transport needs of the public.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

What keeps you from sharing your needs with others?

What keeps you from sharing your needs with others? What can you do today to reach out to someone else and help shoulder their burden?.....»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024