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Philippines education to benefit from Cha-cha – NEDA chief
The country’s higher education system will greatly benefit from the easing of economic provisions of the Constitution, allowing the entry of renowned schools in the country, according to Socio-economic Planning Secretary Arsenio Balisacan......»»
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......»»
SC upholds Philippines-Japan economic pact
The Supreme Court has upheld the constitutionality of the Japan-Philippines Economic Partnership Agreement, a bilateral trade and investment deal entered into by the two countries during the Arroyo administration and ratified by the Senate in 2008......»»
BPO workers in economic zones must work on-site, says DOJ
Business process outsourcing firms (BPOs) within special economic zones that adopt work-from-home (WFH) arrangements for their employees are no longer entitled to tax incentives, according to the Department of Justice (DOJ). In a legal opinion dated Jan. 3, Justice Secretary Jesus Crispin Remulla contradicted the position taken by the Department of Trade and Industry (DTI),.....»»
‘Cha-cha not solution to Philippine economic woes’
Amending certain provisions of the 1987 Constitution is not a guarantee that economic problems in the country will finally be addressed, a research and advocacy group said......»»
Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards
In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»
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.....»»
Maharashtra signs MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde
Davos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3 lakh crores, but M.....»»
Maharashtra signed MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde
By Ravi KhandelwalDavos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3.....»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
Maharashtra signs MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde
Davos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3 lakh crores, but M.....»»
Maharashtra signed MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde
By Ravi KhandelwalDavos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3.....»»
4th mode of Cha-cha
In 2013, then House Speaker Quezon City 4th District Rep. Feliciano “Sonny” Belmonte Jr. first initiated a move to amend to the economic provisions of the 1987 Constitution by legislation – a law approved by Congress. Under Belmonte’s proposal, both chambers of Congress could vote separately to pass these economic amendments into law instead of a wholesale amendment of the Constitution......»»
Marcos orders Senate to lead review of 1987 Constitution economic provisions
Marcos orders Senate to lead review of 1987 Constitution economic provisions.....»»
Lawmakers seek to amend ownership regulations on Constitution s economic provisions
Lawmakers are calling for the revision of some economic provisions of the 1987 Constitution, covered by the Public Service Act, which stipulate that public services should exclusively be owned by Filipinos......»»
Creation of more Bangsamoro economic zones welcomed
Business groups and local executives support the planned setting up by the Bangsamoro government of additional economic zones in the autonomous region and in its 63 barangays in Cotabato province in Region 12......»»
World Bank advises on poverty reduction in Muslim region of Philippines
MANILA, June 6 (Xinhua) -- Maintaining peace, supported by increasing farm profitability, diversifying income sources, enhancing access to basic social services, and upgrading infrastructure, will accelerate poverty reduction in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in the southern Philippines, the World Bank said in a recent report. Following decades of sluggish economic growth, the Philip.....»»
UAE to celebrate Philippines 126th independence anniversary on June 9
Dubai [UAE], June 7 (ANI/WAM): The "Emirates Loves the Philippines" social media page, will host a massive celebration for the Filipino community in the UAE at the Dubai World Trade Centre on June 9. The event marks the 126th anniversary of the Philippines' independence. The celebration, which will be attended by UAE officials and prominent diplomatic, economic, and social figures from the Filipino community, aims to hono.....»»
World Bank advises on poverty reduction in Muslim region of Philippines
MANILA, June 6 (Xinhua) -- Maintaining peace, supported by increasing farm profitability, diversifying income sources, enhancing access to basic social services, and upgrading infrastructure, will accelerate poverty reduction in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in the southern Philippines, the World Bank said in a recent report. Following decades of sluggish economic growth, the Philip.....»»
UAE to celebrate Philippines 126th independence anniversary on June 9
Dubai [UAE], June 7 (ANI/WAM): The "Emirates Loves the Philippines" social media page, will host a massive celebration for the Filipino community in the UAE at the Dubai World Trade Centre on June 9. The event marks the 126th anniversary of the Philippines' independence. The celebration, which will be attended by UAE officials and prominent diplomatic, economic, and social figures from the Filipino community, aims to hono.....»»