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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......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

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

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.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Prospects Kristian Porter, Femi Edu land on Blue Eagles nest

The Ateneo Blue Eagles bolstered their lineup by acquiring two young basketball prospects ahead of UAAP Season 87......»»

Category: sportsSource:  philstarRelated NewsMay 9th, 2024

ARQ Boxing Stable’s Gura and Piala to debut in Japan

CEBU CITY, Philippines —ARQ Boxing Stable prospects Rodex “The Tank” Piala and Yerroge “The Scientific” Gura are set to make their debut in the bustling boxing scene in Japan in June. This announcement comes officially from ARQ Sports and strength and conditioning trainer Roger Justine Potot, confirming that both Piala and Gura are scheduled for.....»»

Category: newsSource:  inquirerRelated NewsMay 8th, 2024

BPI bullish this year amid continued loan growth

After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Blockbuster card in Mandaue

A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»

Category: sportsSource:  philstarRelated NewsApr 21st, 2024

Aranas to face Acope in Carcar slugfest 

CEBU CITY, Philippines — Undefeated prospect Jemuel Aranas will treat his hometown folks in Carcar City, south Cebu with a six-rounder bout on April 20, at the Carcar City Sports Complex. The 21-year-old Aranas is one of Chao Sy Boxing Gym’s prospects who debuted in 2023 as a pro.  READ MORE: Jerusalem ends PHL’s world.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

FDC eyes return to pre-COVID-19 profit

Filinvest Development Corp., the listed conglomerate of the Gotianun family, is bullish on its growth prospects this year, with the company setting its sights on returning to pre-pandemic profit levels......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Santisima, Castino fell short in Japan debut 

CEBU CITY, Philippines — Two Filipino boxers faltered in their scheduled fights at the Korakuen Hall in Tokyo, Japan on Saturday, March 2.  Cebu-based Alex Santisima Jr. and PMI Bohol Boxing Gym’s Jhunrille Castino suffered knockout defeats in the hands of Japanese prospects in the same fight card put up by Teiken Promotions.  ALSO READ:.....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024

Instead of breaking pencils to ward off bad luck, MSU-GenSan examinees donate them to IP school

GENERAL SANTOS CITY (MindaNews / 28 February) – The usual breaking of pencils after an examination did not happen to about a thousand examinees who took the recent qualifying examinations at the Mindanao State University (MSU) here. The traditional pencil-breaking practice was meant to ward off bad spells and bring good prospects to examinees, Mherzel […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

UP further bolsters future, stashes hitters Yesha Noceja, UAAP HS MVP Kianne Olango

UP continues to rebuild its women's volleyball team from the ground up, adding high school champion spikers Yesha Noceja and former UAAP MVP Kianne Olango to its growing prospects stash.....»»

Category: newsSource:  rapplerRelated NewsFeb 28th, 2024

JAZA upbeat on Philippines growth prospects

Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Unilever bullish on Philippine growth prospects

Unilever Philippines is optimistic of sustaining robust growth this year as it aims to grow its business faster than the country’s gross domestic product......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Daughter of missing landslide victim confronts grim prospects

MACO, Davao de Oro (MindaNews / 12 February)—The plight of a college student, whose father is among those missing after the tragic landslide in the mining village of Masara here on February 6, is further complicated by concerns about her education and the health issues of her mother and younger brother. Bea Esmero, a third-year […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Cebu offers prospects for US agricultural exporters

Cebu offers strong opportunities for direct shipments of US agricultural exports, driven by the feed and food manufacturing, food service and food retail sectors, according to the United States Department of Agriculture......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024