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Wage hike to cut GDP growth, raise unemployment – NEDA

The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

EV players push ‘green traffic’ as NEDA readies tariff review

Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

NEDA’s bid to scrap telcos’ congressional franchise requirement opposed

The head of the 28-member minority bloc in the House of Representatives has opposed a proposal of the National Economic and Development Authority to scrap the legislative franchise requirement for telecommunications companies......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Government to address price hikes – NEDA

The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

NEDA: Further reforms needed in telco industry

The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Increasing flood resilience across the Wairarapa

Flood resilience across the Wairarapa will be increased thanks to the Government's commitment of more than $8 million across five projects."Today, I am visiting the Wairarapa as part of the Government's 100-day plan to meet with community representatives affected by the 2023 severe weather events to understand what can be done to speed up and simplify recovery efforts," Emergency Management an.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippines, Japan, US foreign officials prepare for tri-summit

As the Philippines prepares for a trilateral summit with Japan and the US on April 11, Foreign Affairs Undersecretary Ma. Theresa Lazaro met on Thursday in Tokyo with Japanese Vice Foreign Minister Okano Masataka and US Deputy Secretary of State Kurt Campbell to discuss regional security issues and economic cooperation......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Roxas firm suspends trading pending new investor

Millennial businessman Leandro Leviste has shaken the local stock market with his plan to invest P5 billion in Roxas Holdings Inc., but the company suspended trading yesterday until the end of May to avoid speculation on the proposed bailout......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

Shortchanged

Our consumers are taking a beating from our prolonged bout with elevated inflation rates......»»

Category: newsSource:  philstarRelated News15 hr. 46 min. ago

Capitol pledges P3M subsidy to Cebu LGUs amid rising farm losses

CEBU CITY, Philippines – The Cebu Provincial Government has pledged a P3 million in assistance to each of the local government units (LGUs) across the province amid the rising farm losses due to El Niño. The number of farmers affected by the prolonged drought in Cebu has risen significantly to 13,589, which resulted in estimated.....»»

Category: newsSource:  inquirerRelated NewsMay 25th, 2024

Schools close and crops wither as historic heatwave hits south-east Asia - Extreme heat

Governments across region grappling for response as temperatures soar to unseasonable highs Thousands of schools in the Philippines have stopped in-person classes due to unbearable heat. In Indonesia, prolonged dry weather has caused rice prices to soar. In Thailands waters, temperatures are so high that scientists fear coral could be destroyed. A historic heatwave is being experienced across south-east Asia, according to.....»»

Category: newsSource:  manilanewsRelated NewsMay 5th, 2024

Ruined centuries-old town re-emerges as Philippines dam dries up during heatwave - Philippines

After a long spell of intense heat and little rain, water levels have fallen to reveal parts of a sunken church, tombstones and foundations at Pantabangan Ruins of a centuries-old town have emerged at a dam parched by drought in the northern Philippines. After a prolonged spell of intense heat and little rain, water levels in the dam have fallen to reveal parts of a sunken church, tombstones and the foundations of structu.....»»

Category: newsSource:  manilanewsRelated NewsMay 3rd, 2024

Health workers grapple with understaffing, poor protection

Jao Clumia of the AHW said, the prolonged delay in receiving these benefits affects the morale and service of healthcare workers. They feel disheartened, leading to the exodus of frontline workers. The post Health workers grapple with understaffing, poor protection appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 3rd, 2024

Government workers call for regularization, wage hike

Public employees have decried the extended employment of job order and contract service workers in government, saying that it prolonged the exploitation of contractual workers......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

Cloud seeding or rain dance?

The effects of El Niño phenomenon, or the long dry spell in our country continue to wreak havoc in our normal daily living. Our neighboring countries Thailand and Bangladesh are likewise not spared from this climate change phenomenon. In the particular situation of the Philippines, the prolonged dry period is precariously affecting both our food and energy security......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

DCWD urges consumers to store water during heavy downpour

THE Davao City Water District (DCWD) encourages its customers to store water on April 21 in case of prolonged heavy rain, which may cause the Tamugan River's high turbidity to hamper the bulk water supply......»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Rare 4-shot swing keys Ababa’s rise to the top

Sarah Ababa staged an amazing comeback, erasing a daunting four-stroke deficit in just one-hole and leveraging that pivotal moment to propel herself to victory in the ICTSI Apo Golf Classic, ending a prolonged drought on the Ladies Philippine Golf Tour with a closing 73......»»

Category: sportsSource:  philstarRelated NewsMar 15th, 2024

Media groups urge DOJ to release journalist Frenchie Mae Cumpio, 2 others

“The recent visit and observations made by UNSR Khan have brought to light the unjust state of their prolonged detention, begging an immediate review and dismissal of the charges against them, should evidence be lacking,” the groups said. The post Media groups urge DOJ to release journalist Frenchie Mae Cumpio, 2 others appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 7th, 2024