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Philippines has potential to grow into $2 trillion economy – WEF

The Philippines can potentially expand to a $2-trillion economy over the next decade if investments in key sectors will be sustained, particularly in education and human development, according to a top official of the World Economic Forum......»»

Category: financeSource: philstar philstarMar 20th, 2024

End-January Philippine debt balloons to P14.79 trillion — Treasury

The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

DA: Philippines needs P1.3 trillion to boost farm output

The country will need P1.3 trillion worth of investments in the next few years to boost rice production, reduce wastage of agricultural products and ensure the country’s food security, according to Agriculture Secretary Francisco Tiu Laurel Jr......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

P4.57 trillion in agency budget released

Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

P3.3 trillion in agency budget released

A total of P3.3 trillion has been released to state agencies to implement priority programs and address the problem of underspending, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Romualdez: Philippines WEF hosting to spur more foreign investments

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Japan slips into a recession and loses its spot as the world s third-largest economy

Japan slips into a recession and loses its spot as the world s third-largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Japan slips into a recession and loses its spot as the world s third largest economy

Japan slips into a recession and loses its spot as the world s third largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

Kita ng digital economy pumalo sa P2T

Lumampas sa P2 trilyon ang kita ng tinatawag na digital economy noong 2023. The post Kita ng digital economy pumalo sa P2T first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 30th, 2024

Cebu Daily Newscast: CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy

Listen to Cebu Daily Newscast to know the latest news in and outside Cebu. Here are the latest news as of Thursday, April 18. CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy Cebuanos can anticipate a significant impact on Metro Cebu’s economy following a substantial investment increase by a unit of Metro Pacific Tollways.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

Open ocean salmon farm a win for the economy

The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF

Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF

Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

El Niño gives breeders chance to grow milkfish production – group

El Niño gives breeders chance to grow milkfish production – group.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Global oil demand to grow by 1.9 million bpd in 2024

LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

DOF sticks with P4.3 trillion revenue goal

The Department of Finance is keeping its P4.3-trillion revenue target for the year, banking on non-tax measures even amid less optimistic expectations on overall economic expansion......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

Government readies 125 PPP projects worth P3 trillion

More than 100 projects amounting to over P3 trillion are in the pipeline for implementation through the public-private partnership (PPP) mode......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024

Agriculture loans surge to P3.2 trillion

Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

State revenues hit P1.4 trillion in April

The country generated P1.4 trillion in revenues from January to April as the government ramped up its revenue mobilization efforts, Finance Secretary Ralph Recto said......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Non-banks’ domestic claims up by 15 percent in Q4

The domestic claims of non-bank financial institutions increased by 15 percent to P9.05 trillion in the fourth quarter of 2023 from P7.87 trillion in the same quarter in 2022, based on a survey of the Bangko Sentral ng Pilipinas (BSP)......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

P1.7 trillion investments show confidence in Philippines

For some members of the House of Representatives, the P1.7 trillion in investments infused by local and foreign traders in 2023 proved business confidence in the country and in President Marcos......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024