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NEDA pushes for EO to strengthen RDCs’ role
The National Economic and Development Authority is pushing for the issuance of an executive order aimed at strengthening the role of Regional Development Councils as part of efforts to achieve inclusive growth and development......»»
Zambales becomes first-class province; Governor Ebdane reveals 5-year plan
Zambales has been gearing up for its P2.6 billion development project through a 10-point comprehensive plan for inclusive growth and progress.....»»
Cebu Pacific shelves plans for Saudi, China flights
Low-cost carrier Cebu Pacific is focusing its international expansion within East and Southeast Asia this year, shelving plans of launching flights to Saudi Arabia and reopening trips to Beijing as supply issues shake the airline......»»
Nancy McDonie to appear in Running Man Philippines, wants to guest in teleserye
Korean-American singer Nancy McDonie has her eyes set on what projects she wants to do in the Philippines going forward......»»
Cone wants Gilas ‘to stay with the process’ as it aims to reach the Olympics
'We want to be thinking about goals, but it’s more important for us to be growth-oriented,' says Tim Cone as Gilas Pilipinas opens its campaign in the FIBA Asia Cup Qualifiers.....»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
San Miguel income soars to P44.7 billion in 2023
Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
ADB: Manufacturing benefits the most from remittances
The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»
Franchise Asia Philippines expo returns this April
All is set for Franchise Asia Philippines 2024 Expo, Asia’s biggest franchise show and the country’s most awaited business opportunities event, on April 12 to 14 at the SMX Conve.....»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
Over $1 billion investment to Philippines from US, says Raimondo
MANILA, The Philippines: During an official visit to Manila, U.S. Commerce Secretary Gina Raimondo has said that U.S. companies have announced investments totaling more than US$1 billion in the Philippines.In a first of its kind for the Philippines, Raimondo headed a two-day trade and investment mission that included executives from 22 companies, such as United Airlines, Alphabet's Google, Visa, KKR Asia Pacific.....»»
Despite survey, Cha-cha should proceed, says congressman
Both houses of Congress should pursue economic Charter amendments despite a Pulse Asia survey early last month showing that 88 percent of Filipinos do not support the initiative, Cagayan de Oro City 2nd District Rep. Rufus Rodriguez said yesterday......»»
DTI wants FTA with South Korea ratified by mid-year
The Department of Trade and Industry wants the free trade agreement between the Philippines and South Korea to be ratified by the middle of this year......»»
Rama wants state of calamity declared in Cebu City due to El Niño
CEBU CITY, Philippines – Mayor Michael Rama wants to place Cebu City under a state of calamity or a state of emergency due to the effects of the El Niño phenomenon. The declaration will allow City Hall to use government funds to assist those who are badly affected by the worsening El Niño, especially the.....»»
Skywalks in Cebu City: Rama wants to remove these, replace with underpasses
CEBU CITY, Philippines – City Mayor Michael Rama wants to remove all remaining skywalks in Cebu City. He expressed that these skywalks were “not effective” and cited that, due to them, there was no longer a way for a sidewalk, as they reduced the width of the road. READ: Skywalks along Osmeña Blvd to be.....»»
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 […].....»»
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......»»
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.....»»
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.....»»