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NEDA welcomes award of NAIA PPP
The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure to achieve the government’s economic transformation agenda, according to the National Economic and Development Authority......»»
Sudan Conflict Fuels World s Largest Internal Displacement
Last week, the International Organization for Migration (IOM) reported that 10.7 million people have been uprooted from their homes in Sudan, including 9 million displaced internally-two-thirds since the conflict broke out in April 2023. Sudan now has the highest rate of internal displacement in the world, even surpassing Syria's 7.2.....»»
SPNEC seeks funding boost for world’s biggest solar farm
Manuel V. Pangilinan-led SP New Energy Corp. is looking to bring in partners, particularly foreign investors, to help finance the development of the P200-billion Terra Solar development in Nueva Ecija and Bulacan, which will become the world’s largest solar project once completed......»»
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.....»»
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......»»
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......»»
‘No risk of political reform in economic Cha-cha’
Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»
Government sticks to 6.5-7.5 percent growth target for 2024
Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»
World Bank expects faster growth for Philippines this year
Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»
Economic Watch: China s travel boom buoys global expectations
BEIJING, Feb. 5 (Xinhua) -- As the eight-day Spring Festival holiday draws closer, global tourist destinations are keen to attract Chinese holidaymakers, with high hopes for a tourism boom. In a video message last week, Thai Prime Minister Srettha Thavisin extended a warm welcome to Chinese tourists, as they had been the largest source of inbound tourism for the country. The prime minister expressed hopes that C.....»»
LIST: Tree cover loss in Cebu per area
CEBU CITY, Philippines – Since 2001, Cebu, home to over 5 million people and the largest economic hub outside the capital Manila, has lost thousands of hectares of tree cover. At least 10.1 kilo-hectare, or around 10,100 hectares of tree cover in Cebu, were depleted in a span of 20 years, data from Global Forest.....»»
SMC, SMIC Phl growth drivers
The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 10
ISLAMABAD -- Pakistani security forces have killed a high-value terrorist during an intelligence-based operation in the country's southwest Balochistan province, the military said in a statement. The operation was conducted in the Qila Saifullah district of the province on the reported presence of terrorists in the area, the Inter-Services Public Relations (ISPR), the Pakistani army's media wing, said in a state.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 10
ISLAMABAD -- Pakistani security forces have killed a high-value terrorist during an intelligence-based operation in the country's southwest Balochistan province, the military said in a statement. The operation was conducted in the Qila Saifullah district of the province on the reported presence of terrorists in the area, the Inter-Services Public Relations (ISPR), the Pakistani army's media wing, said in a state.....»»
MSU bombing mastermind killed in Lanao military ops
The Armed Forces of the Philippines yesterday confirmed the death of the leader of terrorist group Dawlah Islamiyah, who masterminded the bombing of Mindanao State University in December last year......»»
Clergy woman tells UN how Anti-Terror Act is used vs rights defenders
Human rights group Karapatan, said there are at least 91 individuals who have been charged with violations of the ATA and Republic Act No. 10168 or the law on the prevention and suppression of terrorist financing. There are also at least 27 political prisoners charged under both laws. The post Clergy woman tells UN how Anti-Terror Act is used vs rights defenders appeared first on Bulatlat......»»
Woman accused of being terror fund facilitator arrested in Sulu
The woman is identified as a ‘specially designated global terrorist’ by the US and listed by the United Nations Security Council for her alleged links to the Al-Qaeda.....»»
Business boom expected in now Dawlah Islamiya-free South Cotabato
Officials are expecting a boom in businesses in South Cotabato in Region 12 as a result of the Philippine Army's having cleared the province from the presence of the Dawlah Islamiya terrorist group......»»
Activists cheer as Baguio court resumes hearing on anti-terrorist label petition
A Baguio regional court is given the green light by the High Tribunal's court administrator to continue hearing the petition filed by activists.....»»
Philippines remains on FATF gray list
The Philippines failed anew to exit the gray list or list of jurisdictions under increased monitoring after falling short in addressing the remaining concerns on its anti-money laundering and counter-terrorist financing regime, according to global dirty money watchdog Financial Action Task Force......»»