San Mateo, Rizal Mayor Bartolome "Omie" Rivera Jr. slammed the directive of the Metropolitan Manila Development Authority (MMDA) diverting the collected solid wastes of the city of Manila to its New San Mateo Sanitary Landfill (NSMSLF) following the permanent closure of the Navotas Sanitary...
The League of Cities of the Philippines (LCP) expressed its support for President Marcos ' directive to reinstate the practice of involving local government units (LGUs) in the planning and implementation of national government-funded projects in their respective localities. The group,...
San Juan City Mayor Francis Zamora has called for a whole-of-nation approach to solve the perennial problem of flooding in the country, saying that the construction and proper operation of flood control projects are not enough in curbing it. In a radio interview, Zamora, also the president of the...
The government has programmed ₱419.9 billion in infrastructure spending for the third quarter, the biggest quarterly infra disbursement for 2025, at a time when allegedly fraudulent flood control projects are taking the spotlight amid concerns about some wasteful and corruption-laden public...
The Department of Tourism (DOT) on Tuesday, Aug. 19, assured the public of closer coordination with law enforcement agencies following the fatal shooting of two Japanese nationals in Manila, saying visitor safety remains a top priority. In a statement, the DOT said it has been in constant contact...
Asian exports, including those from the Philippines, are seen remaining resilient in the second half of the year, contrary to earlier expectations that regional shipments would slump once front-loading ahead of United States (US) tariffs wane, according to the think tank Capital Economics....
Tempered household consumption, still reeling from the pandemic-induced recession, is weighing on the Philippine growth outlook, according to the Economist Intelligence Unit (EIU). With private consumption—which accounts for more than 70 percent of the local economy—showing “weak momentum,”...
Even with the weaker-than-expected gross domestic product (GDP) growth figures last year and in recent quarters, the Department of Finance (DOF) argued that the Philippine economy grew at an average rate of 5.9 percent—among the fastest-growing Asian economies—since President Ferdinand Marcos...
Central banks in Southeast Asia, where economies like the Philippines export a wide array of goods to the United States (US), are expected to cut interest rates some more as tariffs take effect next month, according to the think tank Capital Economics. In a July 23 report, Capital Economics senior...
While the Philippine economy has already been recovering from its deep recession during the height of the Covid-19 pandemic, hitting its growth potential of six percent would be challenging given the global uncertainties spilling over domestically, according to the Department of Finance (DOF)....
Fifteen years from now, the Philippine economy could accelerate by 6.8 percent yearly if the country continues to improve regional connectivity, productivity, and resource allocation, the Washington-based World Bank stated. According to the multilateral lender’s latest report on Philippine growth...
The inter-agency Financial Stability Coordination Council (FSCC) reassured that Philippine banks maintain robust capitalization and ample liquidity buffers, navigating through global and local challenges. The BSP said in a statement released on Monday, July 7, that during the FSCC’s meeting for...
