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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.....»»
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......»»
Podot optimistic for interim, world title shot for Suganob this 2024
CEBU CITY, Philippines — PMI Bohol Boxing Promotions’ top honcho Floriezyl Echavez Podot targets the World Boxing Organization (WBO) interim title or perhaps a world title shot for his prized ward, Regie “Filipino Phenom” Suganob, before the year ends. This was after, Suganob put on a stunning performance on Tuesday, April 30, against the visiting.....»»
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......»»
Korean youth driving demand for Philippines flights
South Korea’s flag carrier expects to fly about 1.7 million passengers to and from the Philippines this year, optimistic that tourism demand will be sustained by the traveling youth......»»
PSE stays hopeful on targets despite market slowdown
The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»
NFA OKs more competitive P30/k palay buying price
State-run National Food Authority is optimistic that it can now compete better with private traders in buying local palay after it was allowed to purchase palay or unmilled rice by as much as P30 per kilogram......»»
NGCP ‘hopeful’ TRO lifted for vital power line
The National Grid Corp. of the Philippines is optimistic that a court order stalling the completion of a critical power line in Central Luzon will be lifted soon......»»
Boxing: WBO, GAB execs optimistic PH will end world title drought soon
CEBU CITY, Philippines — World Boxing Organization (WBO) Asia Pacific president Leon Panoncillo and the Games and Amusements Board (GAB) Chairman Richard Clarin share the belief that it’s only a matter of time for the Philippines to produce a new boxing world champion. Clarin and Panoncillo were in Tagbilaran City recently to officiate two WBO.....»»
Mike Evans Confidence in Baker Mayfields Future with Bucs – The Daily Guardian
Tampa Bay Buccaneers wide receiver Mike Evans is optimistic about the team’s future, particularly when it comes to the status of quarterback Baker Mayfield. Evans.....»»
SWS: 40% of Filipinos optimistic about economy
Four in 10 adult Filipinos expected the Philippine economy to pick up in the next 12 months, according to a Social Weather Stations poll released Thursday. .....»»
Four for Gilas
With what Gilas showed in the first window of the FIBA Asia Cup qualifiers, coach Tim Cone is excited about the future. Clearly, there’s reason to be optimistic. “The scary part is this team can get a whole lot better,” he said......»»
Prosecutors push arson charge vs director Jade Castro, companions
'We were hoping that the prosecutor would dismiss the case and my brother and his friends could go home. But we are still optimistic that when this reaches the court, the judge will clearly see that my brother and his friends are innocent,' Castro's family says.....»»
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......»»
British chamber remains optimistic on UK-Philippines trade growth
With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»
Robust P400 billion bond listings seen this year
The Philippine Dealing & Exchange Corp. (PDEx) is optimistic this year’s domestic bond listings target will be attained as the corporate bond market is off to a good start......»»
Brownlee optimistic on Gilas future
The Philippine basketball scene will be “on the rise even more” in the coming years, Justin Brownlee said, as the 12-man Gilas Pilipinas pool was named late last month......»»
Al-ag proposes to repeal ordinance requiring delivery riders biz permits
Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»