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‘Why we need to amend the restrictive economic provisions’ (Continued from last week)

Of the original five members of ASEAN – Indonesia, Malaysia, Philippines, Singapore and Thailand – we are unique in that some important economic sectors are singled out for specific protection under the Constitution, the fundamental law. All the other countries simply left all matters pertaining to economy and business to ordinary legislation......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

‘Terrific opportunities’ ahead for Philippines – US official

The Philippines is seen treading the right path with “terrific opportunities” ahead that make it eligible again to access grants that could help boost economic growth, a ranking US aid official said......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

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.....»»

Category: newsSource:  inquirerRelated 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

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

Marcos limits constitutional changes to economic front

President Ferdinand Marcos Jr. announced a focused approach to constitutional changes, concentrating solely on economic provisions to boost the Philippine economy. .....»»

Category: financeSource:  philstarRelated NewsFeb 19th, 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

IT-BPM Industry Leads Philippines Best Workplaces 2024, IBPAP Invites Talented Professionals to Experience Great Places to Work

The Philippines’ Information Technology and Business Process Management (IT-BPM) industry is proud to announce its recognition as home to some of the Philippine’s Best Workplaces 2024, honored by Great Place To Work in an awards ceremony at Grand Hyatt Manila last March 19. IT-BPM companies stand out for their excellence in workplace culture. Among the […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  philippinetimesRelated NewsMar 26th, 2024

Cemex impacts circular economy

Cemex Philippines, one of the leading cement manufacturers in the country, makes a significant impact on the circular economy through its co-processing technology and Regenera......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Philippines rises 23 spots in World Happiness Report

The Philippines rose 23 spots to land 53rd in the in the 2024 World Happiness Report. The Philippines was 76th in the World Happiness Report in 2023 and 60th in the 2022 report. The country also ranks as the 2nd happiest country in Southeast Asia, next to Singapore, which placed 30th. READ MORE: What makes Cebuano.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Southern Philippines gold mine landslide death toll rises to 68

MANILA, The Philippines: This week, officials said that the death toll from a landslide in the southern Philippines on February 6 rose to 68, stressing that the window for finding more survivors was closing. Rescuers were looking for 51 more missing people, they added. The landslide, which happened outside a gold mine in Maco in Davao de Oro province, buried homes and vehicles that transported employees.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

‘Mass transport to boost economy’

Mass transportation is key to economic growth in the Philippines, said the Yanson Group, owner of the biggest bus conglomerate in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Speaker pitches Philippines as ideal investment destination at WEF

With its “unique demographic advantage and ongoing reforms to open up the economy,” the Philippines is now an “ideal destination” for foreign investments, Speaker Martin Romualdez told leaders and representatives of the Association of Southeast Asian Nations gathered for the World Economic Forum annual meeting in Switzerland......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

‘No risk of political reform in economic Cha-cha’

Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»

Category: newsSource:  philstarRelated NewsMar 6th, 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

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

Holy Week 2024: Remembering the suffering of Jesus Christ at the Celestial Gardens

CEBU CITY, Philippines — Remembering the passion and death of Jesus Christ is the highlight of the Holy Week in the Roman Catholic tradition.  During this season, Catholics from all over the world usually conduct Visita Iglesia or pray at the Stations of the Cross. In Cebu City, among the places that people visit when.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 2024

Church visits are allowed only until 10 p.m. – Police chief

CEBU CITY, Philippines – Church visits on Maundy Thursday will only be allowed until 10 p.m. the chief of the Cebu City police announced on Thursday, March 28. Police Colonel Ireneo B. Dalogdog, City Director of the Cebu City Police Office (CCPO) said that the public is not allowed inside religious places past 10:00 p.m......»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024