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‘Philippine banks to ride wave of robust economic growth’
The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»
Moody’s Analytics sees below 5 percent GDP in Q4
Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»
Government sticks to 6.5-7.5 percent growth target for 2024
Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang
MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»
Ex-President Duterte to back ChaCha if revisions limited only to economic provisions
DAVAO CITY (MindaNews / 28 February) – Former President Rodrigo R. Duterte has changed his stance on Charter Change (ChaCha), saying he will support it for as long as the constitutional reforms will be limited to economic provisions and not to extend the term of the current President, Senators, and members of the House of […].....»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
MVP, RSA hope to seal tollway deal this year
Negotiations on the planned merger of the toll road units of Metro Pacific Investments Corp. and San Miguel Corp. are moving smoothly so far, with tycoons Manuel V. Pangilinan and Ramon Ang bullish on sealing the deal within the year......»»
Notes on the beat: For these tycoons, three’s not a crowd
This is not a love story, and certainly not the whirlwind kind, but the characters aren’t any different......»»
Nuclear energy on tycoons’ radar
Companies led by business titans Manuel V. Pangilinan, Sabin M. Aboitiz and Enrique K. Razon continue their quest for nuclear power in a bid to support the country’s energy security in the coming years......»»
Dahil sa monopoly SANIB-PUWERSA NG 3 TYCOONS SIRIT-PRESYO SA KORYENTE — CONSUMERS GROUP
ANG US$3 bilyong kasunduan sa pagitan ng tatlong mga bigating energy firms sa pamamagitan ng paggamit ng natural gas ng mga power plants ay isang malaking banta para sa mga consumer dahil magdudulot ito ng pagtaas sa presyo ng koryente sa pamamagitan ng monopolyo ng liquefied natural gas (LNG) industry. Ayon kay consumer group United ….....»»
Where have all the nurses gone?
I could write about the country’s female tycoons who have grown their fathers’ businesses to dizzying heights, including Tessie Sy-Coson, Helen Yuchengco-Dee, Robina Gokongwei and Josephine Gotianun-Yap; or I could write about the Dumaliang sisters who staunchly defend that piece of paradise known as Masungi Georeserve; or I could write about our Filipina athletes waving the flag around the globe......»»
MVP, RSA plan to list expressway behemoth
Tycoons Manuel V. Pangilinan and Ramon S. Ang plan to bring an infrastructure behemoth to the local stock exchange in the event they succeed in combining their toll road units......»»
MVP, Ang may jointly bid for MRT-3
Another infrastructure tie-up between tycoons Manuel V. Pangilinan and Ramon Ang could be in the works as Metro Pacific Investments Corp. will engage San Miguel Corp. in bidding for the privatization of the Metro Rail Transit Line 3......»»
MPIC, SMC bids for MRT-3 rejected
The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»
DOLE Unveils Program to Boost Businesses and Workers
The Department of Labor and Employment (DOLE) is rolling out the DOLE Adjustment Measures Program (DOLE-AMP) to boost enterprise and worker competitiveness. Labor Secretary Bienvenido E. Laguesma outlined the program’s guidelines in Department Order No. 241, Series of 2024, issued on February 1. DOLE-AMP aims to diminish the vulnerability of workers and enterprises to economic […].....»»
ADB cuts Philippines growth outlook to 6% in 2024
The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»
FEF: Charter amendments to boost FDIs, clear policies
The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»
Our future stands strong with the trilateral agreement
The upcoming trilateral meeting between the United States, Japan and the Philippines at the White House is perhaps one of the most consequential and significant official trips ever – perhaps even the most important engagement of President Ferdinand Marcos Jr. – mainly because it will not only strengthen our relationship with the US and Japan, but will advance economic growth and boost efforts to promote peace and security not only in the Indo-Pacific region but all around the world......»»