BAGUIO CITY – Ilocos Sur governor Jerry Singson has called on local government units, individuals, even barangays and residents to enter entrepreneurship in tourism to help the province’s economic recovery program. Ilocos Sur Gov. Jerry Singson, together with provincial board members, made a...
Senator Francis “Chiz” Escudero has filed a bill that seeks to double the amount being received by some 1.8 million government employees as Personnel Economic Relief Allowance (PERA) to help them cope with the higher prices brought about by the Covid-19 pandemic and oil price hikes. In filing...
Asian Development Bank (ADB) expects the Philippine economy to grow at a much faster pace this year despite accelerating consumer prices. In the Asian Development Outlook 2022 Supplement report released on Thursday, July 21, the Manila-based multilateral institution raised its gross domestic...
The Asian Development Bank (ADB) expects the Philippine economy to grow at a much faster pace this year despite accelerating consumer prices. In the Asian Development Outlook 2022 Supplement report released on Thursday, July 21, the Manila-based multilateral institution raised its gross domestic...
The Department of Science and Technology’s flagship program, “Small Enterprise Technology Upgrading Program 4.0 (SETUP 4.0)” has been recognized by the United Nations Department of Economic and Social Affairs (UN DESA). Photo from DOST According to DOST, UN DESA published SETUP 4.0 as part of...
The ASEAN+3 Macroeconomic Research Office (AMRO) said the Marcos administration needs to expedite the pace of fiscal consolidation given the national government’s tight buffer to absorb future shocks. In AMRO’s Annual Consultation Report released on Wednesday, July 20, the think tank raised...
The National Economic and Development Authority (NEDA) said interdisciplinary coordination of three catalysts --Science, Technology, and Innovation (STI) -- will drive economic growth and address global risks and challenges. During the recent 44th Annual Scientific Meeting (ASM), NEDA’s response...
Senator Joseph Victor “JV” Ejercito on Monday, July 18 said he wishes to hear President Ferdinand “Bongbong” Marcos Jr. highlight his plans for the country's economic recovery and pandemic response in his first State of the Nation Address (SONA) on July 25. “I hope to hear some specifics...
The Department of Foreign Affairs (DFA) has raised an Alert Level 2 status in Sri Lanka, which means no new deployment of Overseas Filipino Workers (OFWs) will be allowed, amid protests brought by economic crisis in the South Asian country. Under Alert Level 2, also called a Restriction Phase, only...
The Department of Finance (DOF) assured that the Philippines is fully prepared to address challenges posed by financial stability risks and inflationary pressures that threaten the economic recovery. Finance Secretary Benjamin E. Diokno said on Friday, July 15, that the country has comprehensive...
AVANT GARDENER Yvette Tan With the Regional Comprehensive Economic Partnership (RCEP), the largest trade agreement involving many countries since the establishment of the World Trade Organization (WTO), due to be brought up in the Senate soon, the question remains: will the agriculture sector be...
President Marcos’ chief economic manager said the Philippine economy would continue its robust expansion pace this year despite a rising interest rate environment. Finance Secretary Benjamin E. Diokno said on Thursday, July 14, that the economy, as measured by the gross domestic product (GDP),...
