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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......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Philippines-Australia business deals seen to fuel economic growth

The business deals signed recently between the Philippines and Australia will help ensure economic growth and security in the Philippines, an international think tank said......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

DepEd to push for additional benefits for teachers

he Department of Education will push for “additional benefits” for teachers before Congress, amid a pending bill filed by the Makabayan bloc seeking to increase teachers’ monthly salary to P50,000......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Bad for Phl’s image

While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

TV5 contextualizes push for Charter change via people s initiative

CHEERS TO TV5 for its explainer on the controversial push for Charter change (also called Cha-cha) through the mechanism of a people's initiative. The five-minute report provided the necessary background on the issue and broke down the underlying strategy that sets this current attempt apart from previous undertakings......»»

Category: newsSource:  philippinetimesRelated NewsJan 22nd, 2024

Nomura hikes Philippines growth target for 2024

Nomura Global Markets Research has upgraded its economic growth forecast for the Philippines to six percent from 5.8 percent for this year after a better-than-expected expansion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Research for next-gen rice varieties to push through

AN OFFICIAL from the Department of Agriculture-Davao Region (DA-Davao) said that research for next-generation rice varieties or new rice varieties that are being bred by the Institution of Breeders will push through......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

SEC strengthens push for sustainable finance

The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Church, rights body push for ‘inclusive, just transition’ of jeepney modernization as phaseout deadline looms

Church, rights body push for ‘inclusive, just transition’ of jeepney modernization as phaseout deadline looms.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

DOLE Unveils Program to Boost Businesses and Workers

The Department of Labor and Employment (DOLE) is rolling out the DOLE Adjustment Measures Program (DOLE-AMP) to boost enterprise and worker competitiveness. Labor Secretary Bienvenido E. Laguesma outlined the program’s guidelines in Department Order No. 241, Series of 2024, issued on February 1. DOLE-AMP aims to diminish the vulnerability of workers and enterprises to economic […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 8th, 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

Infrastructure spending hits lowest level in November

Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

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

‘Government broadband program key to digital push’

An international think tank has lauded the administration’s Broadband ng Masa Program, saying it is a critical component of efforts toward digital transformation and inclusivity, but warned there needs to be a greater push for improvement......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

FEF: Charter amendments to boost FDIs, clear policies

The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Our future stands strong with the trilateral agreement

The upcoming trilateral meeting between the United States, Japan and the Philippines at the White House is perhaps one of the most consequential and significant official trips ever – perhaps even the most important engagement of President Ferdinand Marcos Jr. – mainly because it will not only strengthen our relationship with the US and Japan, but will advance economic growth and boost efforts to promote peace and security not only in the Indo-Pacific region but all around the world......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024