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Budget shortfall unlikely to return to pre-COVID-19 level — DBCC
Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»
Analysts expect inflation at around 3.8% for March
A BusinessWorld poll of 17 Philippine economists on March inflation rate projections revealed a median of 3.8%, with a high of 4.1% and a low of 3.5%......»»
Walang ambisyon?
A discussion in a Viber group populated by many economists focused on the role of development in reducing poverty......»»
Inflation halts 4-month decline
Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»
German manufacturing hits four-month low - S& P Global
Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed. .....»»
Prof. Schlevogt s Compass 7: Five global supertrends that will transform the world during the new megacycle
The old world is giving way to a new order. What key political-economic drivers of change are destined to shape our lives in the medium term? According to an adage that is popular in the financial community, economists are sufficiently competent to correctly predict ten out of five recessions. Despite.....»»
Taking finances personally
A country, or its government, can be criticized by economists for being too frugal and not spending all its budget to grow the economy, create jobs, and increase capital investment......»»
‘Legislated wage hike spells job losses’
A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»
BSP may cut rates by mid-2024
The Bangko Sentral ng Pilipinas may start cutting interest rates as early as June this year, according to economists......»»
Inflation likely eased below 3 percent in January
Economists believe inflation further eased for the fourth straight month in January, with some convinced that the rise in consumer prices slowed to below three percent for the first time in more than three years......»»
Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»
Recto urged to pursue progressive taxes
Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»
OSAPIEA chief bares economic reform initiatives at CREBA meet
With the “whole of government approach” adopted by the administration of President Marcos in improving the business climate, “the Philippines is now open for business,” Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go told real estate industry players during the induction of the new set of officers of the Chamber of Real Estate and Builders’ Associations held recently......»»
China to US: Respect our sea rights, sovereignty
The Chinese defense minister reportedly talked with his US counterpart early this week to relay Beijing’s appeal to Washington that it respect China’s territorial sovereignty and maritime rights in the South China Sea, saying President Xi Jinping and US President Joe Biden have a shared commitment to improving bilateral relations......»»
Maguindanaons join regional SIAP political party
More than a thousand Moro and non-Moro residents in Maguindanao del Sur and Maguindanao del Norte on Thursday joined a regional partly trying to fix the economic woes in the Bangsamoro region by improving commerce and trade in its six provinces and three cities......»»
Telco licensing needs to be reformed – study
The government has to revamp the licensing system for connectivity providers as an initial step to bringing down the cost of internet as well as improving accessibility and reliability, according to a study......»»
Uncovering Culinary Enchantment: Improving Your Cooking with Spices and Seasonings
The unsung heroes of the culinary arts are spices and seasonings, which can elevate simple meals to amazing culinary works of art. You can take.....»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
Supporting health care providers through Lawson Health Research Institute
Improving health outcomes for people at risk of substance-related harms and overdose March 25, 2024 | London, Ontario | Health Canada Canada is facing an unrelenting and tragic toxic illegal drug and overdose crisis. No community has been left untouched. The impacts are seen and felt among our friends, family and neighbours. That's why the Government of Canada is leveraging all the tools a.....»»
‘No new taxes likely until 2028’
The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»