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PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Philippines to achieve upper middle-income status by 2031

The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Lagged impact of high rates to take toll on economy – BSP

The lagged effects of monetary policy adjustments last year will continue to take its toll on the economy, with growth likely to fall below government targets anew......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Economy grew by 5.6% in 2023

The Philippine economy expanded at a slower pace in 2023 than the previous year, falling below the government’s growth target amid high inflation and interest rates that affected consumption......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Measuring income inequality

In a recent report about the Philippine economy, the Philippine Institute for Development Studies. stated that the economy will grow at a faster pace this year. The emphasis of the report was on the projections for economic growth measured in terms of the Gross Domestic Product......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Economy likely grew by 6.2 percent in Q4

The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Economy to expand at faster pace in 2024

The Philippine economy is expected to grow at a faster pace this year than in 2023 despite headwinds, but the growth will be below the government’s target, according to First Metro Investment Corp.......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Experts: cha-cha not needed to boost economy

Experts: cha-cha not needed to boost economy.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

SK chair, others to face road-related law violation charges

SEVERAL youths, including a Sangguniang Kabataan (SK) chairman in Malita, Davao Occidental, who were seen in a viral video over road-related law violations and reckless driving incident along the Coastal Road in Bago Aplaya, earlier this month will be put under custody in Davao City’s police offices for different charges......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Honoring a Philippine Human Rights Icon - Human Rights Watch

Click to expand Image Human rights lawyer and former senator Rene Saguisag holds a copy of a book about the martial law period in the Philippines while describing his ordeal in detention, Manila, September 26, 2018. 2018 Bullit Marquez-AP Photo The Philippines on April 23 lost a human rights stalwart. Rene Saguisag, a human rights lawyer and former senator, defended victims of abuses during the Ferdinand Marcos dictatorsh.....»»

Category: newsSource:  manilanewsRelated NewsApr 26th, 2024

Charter change could bring back dictatorship, intensify rights abuses — survivor

For Medy De Jesus, 74, a martial law survivor and member of human rights group Hustisya, the impending charter change could bring back another dictatorship and more human rights violations. The post Charter change could bring back dictatorship, intensify rights abuses — survivor appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

Sandigan affirms dismissal of forfeiture vs 3 coco levy firms

The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Project Gunita retells Cebu’s People Power history in informative map

'People Power was never a Manila-centric action. Cebu was among the places outside Manila that played a major role in the nationwide movement to resist Martial Law,' says Project Gunita.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

Martial law architect Enrile gets Malacañang birthday bash, P100k cash gift

During his birthday celebration at Malacañang, Enrile, who earns around P189,00 to P211,900 (Salary Grade 30) as chief state counsel, was also handed a centenarian gift of P100,000 by the Department of Social Welfare and Development. .....»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

From Marcos to Marcos: Lawyers murderously attacked

From the Marcos Martial Law period to 2000, one lawyer was killed each year (18 in 18 years). From 2001 to the present, there have been 204 lawyers killed at a yearly rate of about 8.87. The post From Marcos to Marcos: Lawyers murderously attacked appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 13th, 2024

Sandigan junks forfeiture vs Marcos crony-owned telco

The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

Martial law and the communists

This book is highly controversial when it narrates certain debatable conclusions as facts......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Business groups laud passage of Salt Industry Development Act

Business groups Philippine Exporters Confederation Inc. (Philexport) and Philippine Chamber of Commerce and Industry (PCCI) welcomed the approval of a law that aims to revive the salt industry which is seen to support economic growth and help create jobs......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Under Ground Battle aids Philippine MMA growth with Blaze FC

From the grassroots to the professional level, expect Under Ground Battle (UGB) to take part in cultivating Philippine mixed martial arts (MMA)......»»

Category: sportsSource:  philstarRelated NewsFeb 1st, 2024

India, Philippines have seen very perceptible growth in recent times: Jaishankar

Manila [Philippines], March 26 (ANI): Hailing ties between India and the Philippines, External Affairs Minister S Jaishankar, who is on a visit to the Philippines on Tuesday, said that ties between Delhi and Manila have witnessed a very perceptible growth in recent times. Addressing a joint press briefing with Philippine Secretary of Foreign Affairs Enrique Manalo, Jaishankar said, "As you all know, India's ties with the.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024