House Majority Leader Martin Romualdez on Tuesday, August 10, attribute to the "spirit of teamwork and cooperation" the Philippine economy's growth in the second quarter of this year. House majority leader and Leyte Representative Martin Romualdez (MANILA BULLETIN File Photo) “We rejoice with the...
The economy has returned into growth mode, posting a dramatic performance in the second-quarter as expected, but the country’s recovery is losing steam as the rapidly spreading Delta variant has forced the government to put the breaks on further reopening plans. 25245 The gross domestic product...
Senator Grace Poe on Monday, August 9, appealed to the government's pandemic task force to consider micro, small and medium enterprises (MSMEs) in deciding to impose stricter lockdowns in the Philippines. President Rodrigo Duterte presides over a meeting with the Inter-Agency Task Force on the...
Socioeconomic Planning Secretary Karl Kendrick T. Chua raised his initial estimated losses from the two-week lockdown from P210 billion to P300 billion after other areas outside the National Capital Region (NCR) were also placed under varying levels of strict quarantine controls. Enhanced Community...
The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
Unemployment rate was steady in June this year, but President Duterte’s economic managers expect the number of jobless Filipinos may “temporarily” take a blow this month following the imposition of the strictest form of lockdown. The Philippine Statistics Authority (PSA) reported on Tuesday,...
Food security advocacy group Tugon Kabuhayan is pushing for the establishment of more export economic zones dedicated to fisheries and aquaculture, a move that will help boost the country’s production of processed and value-added aquaculture products for both domestic and export market. In a...
The Senate may heed calls from the House of Representatives and act on the proposal to amend the economic provisions of the 1987 Constitution. Senate of the Philippines (MANILA BULLETIN File Photo) Senate President Vicente Sotto III on Saturday, July 31, disclosed that he already has committed to...
Debt-watcher Moody’s Investors Service is upbeat about the Philippines’ recovery prospects from the pandemic, expecting the economy to outperform most of the sovereigns it rates in terms of average growth up to 2025. In its latest credit analysis report on the Philippines, Moody’s cited its...
The National Economic and Development Authority (NEDA) said cash aid and accelerated vaccination program would help in partly reversing the negative impact of the enhanced community quarantine (ECQ) on the economy. Socioeconomic Planning Secretary Karl Kendrick T. Chua said Friday, July 30, that...
Senator Panfilo "Ping" Lacson on Wednesday, July 28, thumbed down an interagency task force's call for the Senate to act on the resolution seeking economic amendments to the Constitution. Senator Panfilo 'Ping' Lacson (Senate of the Philippines) The Interagency Task Force on Federalism and...
Senator Sonny Angara on Wednesday said the proposed 2022 national budget should provide the necessary items that would pave the way to national recovery from the coronavirus (COVID-19) pandemic. Angara, who chairs the Senate Committee on Finance, said President Duterte’s last budget request...
