The Department of Finance (DOF) expects more investments will still enter the Philippines despite the negative outlook on the country’s credit ratings. In a statement, Finance Secretary Benjamin E. Diokno said he remains optimistic about the country’s attractiveness to investors, saying Fitch...
The National Economic and Development Authority (NEDA) vowed to create a more enabling regulatory and investment climate that supports businesses in the country as the private sector plays a critical role in boosting job creation and reducing poverty. In his remarks at the US-ASEAN Business Council...
The National Economic and Development Authority (NEDA) said policies against climate change will have a pivotal role in upcoming development plans as these are much needed to achieve inclusive economic growth for the country. In a statement on Thursday, Oct. 27, Socioeconomic Secretary Arsenio M....
Climate change poses a significant threat to the country’s development that would potentially result in higher economic and human costs particularly for the poor, the World Bank said. Souleymane Coulibaly, World Bank lead economist said climate shocks would negatively affect the country’s...
The skyrocketing consumer prices will not only drag down the country’s economic growth, but also keep many Filipino families trapped in poverty even if they earn more, the National Economic and Development Authority (NEDA) said. While high inflation is not here stay, Socioeconomic Planning...
Go Negosyo founder Joey Concepcion called for postponing the work-from-home arrangements to next year as mobility during the last quarter of the year is essential to keep the economy afloat. Go Negosyo founder Joey Concepcion (Noel Pabalate / Manila Bulletin) "The fourth quarter of 2022 will be...
Staying true to his pronouncement that he will engage the private sector in government initiatives, President Ferdinand "Bongbong" Marcos Jr. met with two private sector groups this week to tackle plans for economic recovery and the tourism industry. President Ferdinand 'Bongbong' Marcos Jr. meets...
Over 100,000 jobs will be generated in the Information Technology and Business Process Management (IT-BPM) sector should the investment pledges the country got from President Ferdinand "Bongbong" Marcos Jr.'s trip to New York materialize, the state media said. President Ferdinand 'Bongbong' Marcos...
Almost $4 billion in investments from multiple sectors could be generated from President Ferdinand "Bongbong" Marcos Jr.'s working visit to New York City last week , Malacañang revealed. President Ferdinand 'Bongbong' Marcos Jr. talks to the media as he concludes his six-day working visit to New...
GENEVA, Switzerland (Anadolu) – The World Economic Forum (WEF) Community of Chief Economists said on Wednesday it expects reduced growth and stubbornly high inflation to continue in the remainder of 2022 and 2023, while real wages will keep falling. In the WEF forum's quarterly Chief Economists...
The National Economic and Development Authority (NEDA) said the revised rules of the Build-Operate-Transfer (BOT) law would lure more public-private partnership (PPP) projects under the Marcos administration. In a statement, Socioeconomic Planning Secretary Arsenio M. Balisacan said the revised...
"We are open for business." This was the pronouncement of President Ferdinand "Bongbong" Marcos Jr. as he led the opening of the new terminal building of the Clark International Airport in Mabalacat, Pampanga, on September 28. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "This facility...
