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EDITORIAL - Economic initiatives

While the two chambers of Congress duke it out over Charter change ostensibly to attract more foreign investments, local businessmen have listed 12 initiatives that they say can strengthen the economy......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Lagman says ‘war’ on 1987 Constitution underway after Senate changes tune on Cha-cha

Both chambers of Congress’ newfound unity in pushing to liberalize the economic provisions of the 1987 Constitution is tantamount to declaring a “war” on the Charter, an opposition lawmaker said......»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

‘Congress may review NGCP’s franchise’

The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

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

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

FEF bucks proposal to restore NFA power

The Foundation for Economic Freedom is opposing the proposal to bring back the power of the National Food Authority to import and sell rice to consumers, saying this would reverse the gains from the reforms in the country’s rice policy......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Ejercito files reso calling for probe into alleged doctor – pharma collusion

MANILA, Philippines — Senator JV Ejercito has filed a resolution calling for an investigation into the alleged connivance of some physicians and pharmaceutical companies in prescribing medicine. “To maintain the honor and integrity of the medical profession, Congress may initiate reforms through legislative measures to protect the best interests of doctors and their patients from.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

NEDA touts Philippines as ideal investment destination

The National Economic and Development Authority is urging investors to consider the Philippines for their expansion plans, given reforms to improve the country’s investment climate and available opportunities......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Palace adviser calls for political Charter amendments

A disbarred lawyer and adviser of President Marcos is pushing for “political amendments” in the 1987 Constitution, with eight suggested political reforms that include extending the term limits of all elected government officials......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

Palace adviser calls for political Charter amendments

A disbarred lawyer and adviser of President Marcos is pushing for “political amendments” in the 1987 Constitution, with eight suggested political reforms that include extending the term limits of all elected government officials......»»

Category: CCCCCCSource:  philstarRelated NewsApr 4th, 2024

Philippines FDI ‘bound to improve’ in coming years – HSBC

The Philippines would be able to attract more foreign direct investments (FDI) in the coming years amid reforms that improved the country’s business climate, HSBC Global Research said......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Remove the roadblocks on right of way acquisition

In recent years, the government has committed to make game-changing reforms in order to make the Philippines more attractive as an investment destination......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Remove the roadblocks on right of way acquisition

In recent years, the government has committed to make game-changing reforms in order to make the Philippines more attractive as an investment destination......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Philippine wrestling chief confident of return to Olympics

Wrestling of the Philippines (WAP) president Alvin Aguilar has expressed confidence that the reforms implemented in the association will result in unwavering success for Pinoy wrestlers, including a return to the Olympics......»»

Category: sportsSource:  philstarRelated NewsMar 22nd, 2024

Grab Philippines commends Marcos, Romualdez on transpo reforms

During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

LEDAC delay won’t affect pending reforms, says Recto

The cancelled convening of the Legislative-Executive Development Advisory Council (LEDAC) due to conflict among lawmakers will not affect pending reform measures, Finance Secretary Ralph Recto said......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Philippines urged to improve broadband infrastructure

The Philippines will need to pursue and implement reforms aimed at encouraging competition and investments to improve its broadband infrastructure, according to a World Bank study......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024