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),...
The Philippines is “gradually bouncing back” from the negative impact of the Covid-19 pandemic, Vice President Sara Duterte said on Monday, July 11. Vice President Sara Duterte speaks during the inauguration of Toyota Motors service center in Davao City on Monday, July 11, 2022. (OVP photo)...
The Senate will prioritize the passage of economic measures to help revive the economy in the upcoming 19th Congress that will start on July 25. After a long discussion with some of his colleagues, incoming Senate President Juan Miguel Zubiri said the Upper House’s initial plans are to act, among...
Malacañang stood by the decision of President Ferdinand "Bongbong" Marcos Jr. to veto House Bill 7575, saying the Chief Executive's move was within the bounds of the Constitution. Communications Secretary Trixie Cruz-Angeles (RTVM Screenshot) Communications Secretary Trixie Cruz-Angeles said...
Finance Secretary Benjamin E. Diokno said the proposed Bulacan Airport City Special Economic Zone and Freeport had carried substantial fiscal risks to the government. In an interview with ANC on Wednesday, July 6, Diokno affirmed former Finance Secretary Carlos G. Dominguez III’s call to the...
Southeast Asia’s green recovery from the pandemic has the potential to create more investment opportunities and add millions of jobs in the next eight years, a new Asian Development Bank (ADB) report said. Based on ADB’s “Implementing a Green Recovery in Southeast Asia” report on Wednesday,...
The National Economic and Development Authority (NEDA) raised the need to promote alternative work arrangements amid skyrocketing fuel prices, as it also urged the government to immediately address the logistical constraints in the country. In a statement, Socioeconomic Planning Secretary Arsenio...
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...
