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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

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

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

MCWD vs Rama, 5 others: Raps filed against Cebu City mayor, execs

CEBU CITY, Philippines – A period of heightened legal scrutiny for the mayor and his administration continued to intensify as another agency filed a new round of complaints against them. The Metropolitan Cebu Water District (MCWD), led by Chairman Jose Daluz III and General Manager Edgar Donoso, lodged the complaints against the mayor before the.....»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2024

On National Fisherfolks Day, Cebu fishermen call for end to reclamation, illegal fishing

Fisherfolk in Cebu hold a fluvial protest against the demolition of settlements and the encroachment of commercial fishing boats.....»»

Category: newsSource:  rapplerRelated News18 hr. 20 min. ago

Day 1 of colorum PUJ crackdown generally peaceful

The jeepney protest against the public utility vehicle modernization program was peaceful and quiet, the National Capital Region Police Office said, despite unconsolidated transport groups vowing to continue to ply their routes......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2024

PH groups commemorate ‘Nakba’ in support of Palestine

During the protest, Filipino activists decried that the Philippines is next only to India in terms of purchases of armaments from Israel amounting to billions. Last year alone, a $114 million contract between the Philippines and the Israeli government was forged for refurbishing two planes for intelligence gathering. Such contracts, the group said, help fund Israel’s genocidal wars against the Palestinian people. The post PH groups commemorate ‘Nakba’ in support of Palestine appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 16th, 2024

PISTON announces transport strike from April 29 to May 1

Jeepney drivers are preparing for a three-day nationwide strike set for the following week to protest against the Public Utility Vehicle Modernization Program and the approaching April 30 deadline for the consolidation of jeepney franchises......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

DFA summons Chinese envoy over latest sea confrontation

The DFA said in a statement that the agency summoned the chargé d'affaires of the Chinese Embassy to protest “aggressive actions” by the China Coast Guard (CCG) and Chinese maritime militia against a civilian boat supplying troops stationed at BRP Sierra Madre in Ayungin Shoal. .....»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

SLAP AGAINST CHACHA

With her hand painted red, a protester symbolically slaps the face of President Bongbong Marcos Jr on a tarpaulin during a rally commemorating the 114th International Women’s Day at Freedom Park, Roxas Avenue, where various groups protest the Marcos’ push for charter change. (Kath Cortez/davaotoday.com).....»»

Category: newsSource:  davaotodayRelated NewsMar 9th, 2024

Progressives commemorate Filipino-American war, call for a stop to US military intervention

Filipino activists marked the 125th anniversary of the Filipino-American War with a protest against the expansion of US military bases and the US role in genocide in Palestine, Feb. 4. The post Progressives commemorate Filipino-American war, call for a stop to US military intervention appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 4th, 2024

IP groups commemorate Int’l Day of World’s Indigenous Peoples amidst continuous attacks

IP groups and advocates commemorated IDWIP this year by holding a protest and solidarity event at Camp Aguinaldo to call an end to the attacks against indigenous communities......»»

Category: newsSource:  samarnewsRelated NewsJan 26th, 2024

BTS agency files complaint against subsidiary head over breach of trust

The South Korean agency behind K-pop sensation BTS on Thursday filed a legal complaint against its powerhouse subsidiary's head for allegedly orchestrating a plan to break away from the parent company......»»

Category: entertainmentSource:  philstarRelated NewsApr 27th, 2024

Boss Toyo backs plan of Yogi Ruiz to run for Cebu City mayor

LAPU-LAPU CITY, Cebu- A group of vloggers and social media influencers gathered in Cebu City Saturday night to show their support for former Bureau of Customs (BOC) Commissioner Yogi Ruiz, who has expressed his interest to run for mayor in Cebu City in next year’s election. The group was led by Boss Toyo or Jayson.....»»

Category: newsSource:  inquirerRelated NewsApr 28th, 2024

DTI seals lease deal with Filinvest

Gotianun–led property developer Filinvest Land Inc. is supporting the Department of Trade and Industry plan to consolidate its various operating units with a deal to lease the company’s entire Filinvest Buendia building in Makati to the agency......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

MGen, Aboitiz to invest in Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

MGen, Aboitiz take over Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc to take over Chromite Gas Holdings as part of a plan to launch the country’s first and most expansive ......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024