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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 […].....»»
EDITORIAL — Sour grapes
There are many reasons why tiny Singapore has sprinted ahead of the rest of Southeast Asia in terms of economic growth and nearly all human development indicators......»»
EDITORIAL — Trigger for conflict
Owners of real estate have deeds or land titles to prove ownership. In the global neighborhood, there are international rules for setting national borders, delineating land and maritime territories or defining sovereign rights and economic entitlements......»»
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......»»
EDITORIAL - Trust deficit
Even President Marcos has acknowledged that the latest people’s initiative to amend the Constitution has become so politicized it is no longer looking like a viable route to lift economic restrictions in.....»»
EDITORIAL - Red carpet, not red tape
The economic team faces a challenging task: replace red tape with a red carpet for investments......»»
Philippines-United States economic ties enter ‘golden spot’
Amid the reinvigorated alliance between the Philippines and the United States, economic ties between the two countries have now reached a “golden spot,’’ according to New York Consul General Senen Mangalile......»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
Government urged to lift ecozone ban in Metro Manila
The government may consider lifting the moratorium on the establishment of economic zones based in Metro Manila in order to spur more economic activity and growth for the entire country, a local official said......»»
Climate change’s economic bite will hit about $38T by 2049
Climate change’s economic bite will hit about $38T by 2049.....»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
News in Pictures | Fil-Ams protest trilateral meeting in DC
For the progressive groups, the trilateral summit is among the series of efforts to leverage the Philippines’ strategic geo-political location for economic and military benefit as tensions rise between the U.S. and China, “at the expense of the sovereignty of the Philippines, the economic conditions of Filipino workers, and the health of the environment.” The post News in Pictures | Fil-Ams protest trilateral meeting in DC appeared first on Bulatlat......»»
‘Philippines elevating to upper-middle income status next year’
The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»
Gov t cuts growth target to 6%-7% — NEDA
In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»
PCCI cites economic benefits from Philippines-EU FTA
The country’s largest business organization welcomed the announcement of the resumption of the free trade agreement negotiations between the Philippines and the European Union as it expects the deal to bring economic benefits for both parties......»»
Philippines eyes stronger cooperation, economic ties with Germany
The Philippines and Germany are looking to step up cooperation in areas like minerals processing and investment financing to boost economic ties, according to the Department of Trade and Industry......»»
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 […].....»»
Arsenio Balisacan: A marathoner and economic planner
National Economic and Development Authority Secretary Arsenio Balisacan, a long distance runner, initially thought the Vancouver Marathon last year would be his last. .....»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»
‘Economic decisions independent from politics’
Finance Secretary Ralph Recto has maintained that his decisions will be separated from his long-standing political background as he pushes for the country’s economic progress......»»