Tag page - economic stimulus

The Philippines' below-goal and slowing near-term economic growth would be unlikely to gain from China's massive stimulus due to meager exports to the mainland, according to Deutsche Bank Research. Deutsche Bank's global macro forecasts released on Tuesday, Oct. 15, showed projected gross domestic...

The squeeze on consumers’ pockets at the pumps will be leaner after all as global oil prices suddenly crashed at end-week trading on Friday (September 27), according to the oil companies. The industry players estimated that gasoline price increase had softened to P0.10 to P0.50 per liter,...

A three-year, P1.5-trillion economic stimulus bill dubbed "Bayanihan 3" has been filed in the 19th Congress. (Shivendu Shukla/ Unsplash) One of the authors of the measure, Camarines Sur 2nd district Rep. LRay Villafuerte, said the proposed economic stimulus package package was inspired by...

The National Economic and Development Authority (NEDA) said that allowing businesses to fully operate is a more sustainable approach than providing government subsidies to sectors that lost their income as result of the prolonged lockdowns. Socioeconomic Planning Secretary Karl Kendrick T. Chua...