President Duterte’s economic mangers said the economy will return to pre-pandemic levels within the next two-years, reassuring Congress that the country has the capacity for a rapid expansion pace. (JANSEN ROMERO : MANILA BULLETIN) During the House Committee on Appropriations’ deliberations on...
Socioeconomic Planning Secretary Karl Kendrick Chua on Thursday, August 26, expressed optimism that the Philippines' economy will recover to a pre-pandemic level late next year or in early 2023. NEDA Secretary Karl Kendrick Chua (Malacañang Photo) During the first hearing of the House Committee...
Malacañang hopes that the enhanced community quarantine (ECQ) period that was imposed between August 9 and 20 in several places in the country, including Metro Manila would be the last one for this year, at least. (Ali Vicoy/ File photo/ MANILA BULLETIN) Presidential Spokesperson Harry Roque...
Presidential Adviser for Entrepreneurship Joey Concepcion said the private sector is hopeful that Metro Manila would soon achieve "micro-herd immunity" that would in turn boost economic activity in the region. Presidential Adviser for Entrepreneurship Joey Concepcion presents the proposed travel...
The country’s largest business groups have strongly opposed moves to maintain the telecommunications industry as a public utility or subject it to minority foreign ownership as they cited interest from SpaceX, Japan's KDDI and Kobashi groups to enter the country that could provide competition in...
Communications Secretary Martin Andanar said the Duterte administration is already preparing the country to bounce back to a more dynamic economy post-pandemic as it strived to curb the impacts of the coronavirus disease (COVID-19). Presidential Communications Secretary Martin Andanar (File...
The government’s chief economic manager said the two-week enhanced community quarantine (ECQ) has been a big achievement for the country’s inoculation program despite the sustained surge in infections. COVID-19 vaccine Finance Secretary Carlos G. Dominguez III said Friday, August 20, that the...
The Delta variant-driven lockdowns imposed to curb the spread of the virus triggered the Development Budget Coordination Committee (DBCC) to significantly slash its economic growth outlook for the year. The DBCC, an inter-agency body tasked to set the country’s macroeconomic targets, further...
The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic targets, will meet tomorrow, Wednesday, August 18, to reassess the country’s recovery amid the mutating coronavirus. Finance Secretary Carlos G. Dominguez III But ahead of the...
She didn't point fingers but it is obvious the Megastar is not happy with the ongoing pandemic creating a huge economic snag. The "Revirginized" star took to social media recently to air her opinion on the matter, going on to call on everyone, particularly the wealthy, to rise above "ayuda" and...
The Philippine government may import more fish than the average amount in anticipation of this year’s closed fishing season, which could push food prices higher in the coming months. During the Food and Sustainability Forum organized by the Economic Journalist Association of the Philippines...
The government’s chief economic manager said the country’s recovery remains “promising” despite “speed bumps” this year. Finance Secretary Carlos Dominguez III Finance Secretary Carlos G. Dominguez III said he is still optimistic over the Philippines’ “promising” prospects for a...
