HOTSPOT Tonyo Cruz Big business, foreign chambers of commerce and foreign creditors cannot hide their glee over President-elect Ferdinand Marcos, Jr.’s choices for his economic team. They are so happy to see the names of Benjamin Diokno, Arsenio Balisacan, and Felipe Medalla. One thing should...
Foreign Affairs Secretary Teodoro Locsin Jr. said there was no need for the Department of Foreign Affairs (DFA) to send a response team to Sri Lanka amid an ongoing economic crisis there but stressed that the DFA is ready to respond to the needs of Filipinos abroad. Anti-government demonstrators...
President-elect Marcos’ chief economic manager has high hopes for incoming Socioeconomic Planning Arsenio M. Balisacan, describing the latter as the “poverty guru” of the next administration tasked to bring down the nation’s poverty rate to single-digit. Incoming Finance Secretary Benjamin...
Globe, in partnership with the Department of Agriculture’s National Fisheries Research and Development Institute (DA-NFRDI) and Carmel-Haifa University Economic Corporation Ltd from the University of Haifa in Israel, recently held a webinar series that tackled the importance of incorporating...
The Department of the Interior and Local Government (DILG)-Region 1 conducted a series of training on Local Economic Development for local government units (LED4LGUs) to aid seven localities boost their economy amid the adverse effects of the Covid-19 pandemic. Through the Local Government...
To lead the National Economic Development Authority (NEDA), President-elect Ferdinand “Bongbong” Marcos has nominated economist Arsenio Balicasan to return to his previous post. Read more here:...
The Philippine envoy to the United States believes that President-elect Ferdinand Marcos Jr. will be an “advantage” to the two countries’ relations as he would ensure economic recovery by reaching out to traditional allies like the US. Philippine Ambassador to the United States Jose Manuel...
As the Department of Health (DOH) expanded the coverage of Covid-19 vaccine's booster shots, Presidential Adviser for Entrepreneurship Joey Concepcion said that while this is a welcome development, the real threat of Covid infections remains among the country's working sector, particularly those...
The National Economic and Development Authority (NEDA) has fired back at critics of the rice tariffication law (RTL), noting that contrary to claims, the reform helped both farmers and consumers since its enactment. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that...
The country’s gross domestic product (GDP) grew by 8.3 percent in the first quarter of 2022, higher than the 7.8 percent growth achieved in the fourth quarter of the previous year, and a significant reversal of the 3.8 percent decline a year ago. According to Socioeconomic Planning Secretary Karl...
High debt load and low revenue collection will become bottlenecks to the country’s return to a rapid and sustainable economic growth path, the Department of Finance (DOF) said. As the government transitions to the next administration, Finance Chief Economist Gil S. Beltran said that fiscal...
Here’s what you need to know about the Korean Hahoetal masks Apart from anti-fascist song “ Bella ciao ” and the red jumpsuits, the Dalí mask is one of the prime symbols of Netflix’s “Money Heist.” The mask reflects the philosophies of Spanish surrealist artist Salvador Dalí against...
