Senator Juan Miguel "Migz" Zubiri said that the Philippine government should formulate better investment pitches for prospective foreign investors to successfully land more investments for the country. Sen. Juan Miguel "Migz" F. Zubiri expresses his support for the Regional Comprehensive Economic...
TAIPEI – The Philippines is successfully leveraging on its economic advantage as its export to Taiwan posted substantial growth of 27.38% in this year’s first quarter for an aggregate value of $720.80 million, according to the Philippine Trade & Investment Center (PTIC) here. Conversely,...
China should be the one to leave Escoda (Sabina) Shoal in the West Philippine Sea (WPS), Senate Majority Leader Francis Tolentino said on Monday, Aug. 19. Senator Francis Tolentino (file photo) This was after China's Foreign Ministry claimed in a statement that the Philippine Coast Guard (PCG)...
A few months before reaching the midpoint of his six-year term, President Marcos ensured that the government was doing everything so every Filipino would benefit from the country's improving economy. File photos/Arnold Quizol Marcos said this after the Japan-based Rating and Investment Information,...
China has protested the Philippines’ move to anchor a coast guard ship in Sabina Shoal, although it is part of the Philippine exclusive economic zone (EEZ). China's Foreign Ministry claimed in a statement that the Philippine Coast Guard (PCG) entered into the lagoon of Sabina (known as...
The National Economic and Development Authority (NEDA) clarified that the latest poverty and food thresholds, which some have criticized as unrealistic, are not meant to serve as budget guidelines for a decent standard of living. NEDA Secretary Arsenio M. Balisacan said that these thresholds are...
State economic managers should find time to consolidate the Marcos administration’s economic strategy and be cohesive about it, Senate Deputy Minority leader Risa Hontiveros said. Hontiveros noted that the current plans of the Department of Finance (DOF), Department of Budget and...
(Ellson Quismorio/ MANILA BULLETIN) ACT Teachers Party-list Rep. France Castro is up in arms over the National Economic and Development Authority's (NEDA) claim that having a one-day food budget of just P64 does not make a person "food poor". ...
President Marcos has vowed to invest in job-generating infrastructure and social protection programs to further lower the country's poverty rate to nine percent by 2028 after reporting that the poverty rate dropped to 15.5 percent last year. In a video message late Friday, Aug. 9, Marcos noted that...
The National Economic and Development Authority (NEDA) reported a substantial increase in concessional loan disbursements received by the Philippines from its development partners last year, primarily earmarked for financing infrastructure projects. NEDA Secretary Arsenio M. Balisacan said on...
Finance Secretary Ralph G. Recto said the Philippine government secured about P13 billion in loans from the South Korean government to finance the new Dumaguete Airport Development project. Recto and Export-Import Bank of Korea (KEXIM) Chairman and President Yoon Hee-sung signed on Wednesday, Aug....
The Philippine Statistics Authority (PSA) announced an upward revision of first-quarter economic growth from 5.7 percent to 5.8 percent. According to the PSA, key factors contributing to the revision included: Financial and insurance activities, which increased from 10.0 percent to 10.3 percent;...
