The long-desired “normalcy” and economic breakthrough may only be achieved through a concrete Covid-19 pandemic response, a health reform advocate said on Saturday, Aug. 6. (Tara Yap / Manila Bulletin) “The sooner we achieve our vaccination and booster goals, the faster that we get back on...
The Development Bank of the Philippines (DBP) granted a P2.3-billion loan for a new economic zone in the coastal town of Pilar, Bataan. announced DBP President and Chief Executive Officer Emmanuel G. Herbosa said the loan to real estate firm Diamond Land Resources, Inc. (DLRI), owned by New San...
The National Economic and Development Authority (NEDA) said the release of targeted subsidies to the most vulnerable Filipino families will cushion the impact of elevated prices of oil and other commodities. Socioeconomic Planning Secretary Arsenio M. Balisacan said on Wednesday, Aug. 3, that it is...
Camarines Sur 2nd district Rep. Luis “LRay” Villafuerte thinks that, in order to honor the late former President Fidel V. Ramos (FVR), the 19th Congress should pass legislation to further privatize and deregulate the private sector in an attempt to attract foreign direct investments (FDIs)....
The first batch of Filipinos evacuating from Sri Lanka amid the ongoing economic crisis there has arrived in the Philippines, the Department of Foreign Affairs (DFA) announced on Sunday, July 31. 13 Filipino repatriates from Sri Linka (DFA photo) According to the DFA, 13 distressed Filipinos,...
The Department of Finance (DOF) said the government will make sure that gains from economic recovery will trickle down the ordinary Filipinos, saying the Marcos administration has strategic interventions to attain it. In a statement, Finance Secretary Benjamin E. Diokno said Friday, July 29, that...
The country's economic managers should discuss in detail how they will help implement President Ferdinand "Bongbong" Marcos Jr.'s plans for the Philippines as stated in his recent State of the Nation Address (SONA). Senator Chiz Escudero made the call on Wednesday, July 27, saying that while...
President Marcos’ economic team will work closely with Congress, the private sector, and civil society in a unified approach to economic recovery and long-term growth, the Department of Finance (DOF) said. At the Post-State of the Nation Address (SONA) Economic Briefing on Tuesday, July 26,...
The Marcos administration is aiming to raise Filipinos’ average earning to around P20,000 per month in two years, an income level that would propel the Philippines towards the much coveted upper-middle income status. From the current per capita income of $3,549 or roughly P197,692 at current...
President Ferdinand Marcos Jr. delivered on Monday, July 25, his first State of the Nation Address (SONA)—a speech that was 73 minutes long, and marked by 90 rounds of applause. House Speaker Martin Romualdez and Senate President Juan Miguel Zubiri applaud President Ferdinand Marcos Jr. as he...
As he recognized the need to address the setback caused by the Covid-19 pandemic and other forces and to prepare for future shocks, President Ferdinand "Bongbong" Marcos Jr. has bared his administration's plans to promote the country's economy. President Ferdinand 'Bongbong' Marcos Jr. delivers his...
Incoming Senate President Juan Miguel “Migz” Zubiri wants to hear about a legislative roadmap of the priority measures of the new administration, and government solutions to the rising inflation rate, cost of goods, Covid-19 cases, and ways to strengthen the economy in President Ferdinand...
