The Philippine economy will likely get back into its previous growth path by the end of next year, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. In the November issue of the Market Call, FMIC and UA&P said business optimism...
Editorial Government trained its sights last week on financial technology (or ‘fintech’) companies as the Secretary of Finance instructed the Bureau of Internal Revenue (BIR) and the Securities and Exchange Commission (SEC) to ensure that these are properly regulated and taxed while encouraging...
Former Senator and incumbent Sorsogon Governor Francis “Chiz” Escudero on Sunday said the next administration should have a clear agenda on energy and ensure that the Philippines has a long-term strategy for stable, sustainable and sufficient power supply. Escudero said having a clear energy...
For presidential aspirant Vice President Leni Robredo, there is no doubt that economic recovery coupled with job security and employment opportunities is key in addressing the effects of the coronavirus disease (COVID-19) pandemic. Vice President Leni Robredo delivers her opening keynote speech...
Closer international cooperation is a must in order to speed up the Asia-Pacific region’s economic recovery from the coronavirus disease (COVID-19), while also addressing the challenges of climate change. President Rodrigo Duterte (Malacañang photo) President Duterte made this call during the...
Vice presidential aspirant Senator Christopher "Bong" Go on Friday said he remains optimistic with the country's economic resilience as the Philippines’ Gross Domestic Product (GDP) grew by 7.1 percent in the third quarter of 2021. With this figure, Go lauded the economic managers of the Duterte...
The country’s economic growth performance for the second-quarter was slightly revised upward by the Philippine Statistics Authority (PSA). In its report on Monday, Nov. 8, PSA said the economy, or gross domestic product (GDP), expanded by 12 percent in April to June 2021, a revision of the...
EDITORIAL Responding to an apparent widespread clamor, the government declared the de-escalation of the National Capital Region (NCR) from alert level 3 to alert level 2 from November 5 to 21. This de-escalation follows an emergent consensus among key stakeholders on the need for fast-tracking the...
Economic recovery is “not a horse race” among Asian peers, the Department of Finance (DOF) clarified after a number of analysts anticipated that the Philippines may likely become the last country in region to regain its pre-pandemic growth level. “I don't watch the projections for the...
Presidential hopeful former Senator Ferdinand “Bongbong” Marcos is strongly convinced that Cebu province will play a very significant role in the recovery of the Philippine economy, with Cebu City expected to become one of the country’s center of development in the future. Sen. Bongbong...
The continued recovery of foreign direct investment (FDI) this year is an indicator of the Philippines’ solid long-term prospects, the Department of Finance (DOF) said. Based on the latest DOF economic bulletin, the department noted that the country’s FDI sustained its robust growth in January...
Presidential aspirant Senator Ronald “Bato” Dela Rosa said he will pursue amendments to the Foreign Investment Act if he gets elected as president. In a televised interview, Dela Rosa said that part of economic programs would be to allow more foreign investors to invest in micro, small and...
