Withdrawing from business deals with China amid the situation in the West Philippine Sea is not the way to go for the Philippine economy. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan made the statement in a...
Price surges at the domestic pumps will partly cool off next week, as the adjustments will be relatively moderate, based on the calculation of the oil companies. According to the industry players, gasoline prices will rise by P0.70 to P1.00 per liter; while diesel prices may not change because the...
The proposed national budget for 2024 is still “woefully unfit” to address the continuing economic crisis in the country despite state economic managers’ attempts to “paint a rosy picture” of the Philippine economy, Sen. Risa Hontiveros said. Sen. Risa Hontiveros during a Kapihan...
Ten local government units (LGUs) will be considered for the 60-million euro grant for local circular economy, solid waste management, and climate change mitigation measures. DENR Secretary Maria Antonia Yulo-Loyzaga (Photo courtesy of PCO) Environment Secretary Maria Antonia Yulo-Loyzaga said the...
Sustainability advocate and philanthropist Brian Poe-Llamanzares has pushed for the remodeling of business strategies that would factor in environment protection as he pitched the Philippines to foreign investors during a forum of business leaders in Singapore. In his speech during the "Southeast...
The Philippines and the European Union (EU) have signed a bilateral agreement on the Joint Declaration of the Green Economy Program, which aims to support the Philippines in its path to a "sustainable future." *GREEN ECONOMY — President Marcos and European Commission (EC) President Ursula von...
The visit of European Commission President Ursula von der Leyen to Manila next week will tackle trade, investment, green economy, digitalization, and security, among others, that aim to bolster the commission’s decades-long relationship with the Philippines. European Commission chief Ursula von...
Despite the "bleak" global prospects over the past few years caused by different factors, President Ferdinand "Bongbong" Marcos Jr. said that the country's economy is now revived and rejuvenated and that his Administration continues to transform it. *President Ferdinand ‘Bongbong’ Marcos Jr....
Senator Sherwin Gatchalian on Sunday, July 16, expressed his support to the proposed renewal of the Philippines’ participation in the Generalized Scheme of Preferences Plus (GSP+). Sen. Sherwin Gatchalian (Senate PRIB...
A Publicus Asia survey conducted in June has shown that most Filipinos believe that President Ferdinand Marcos Jr. should focus on improving the country's economy. According to the "Pahayag 2023 Second Quarter Survey" results released on Thursday, July 13, 17 percent of Filipinos believe that...
The Micro, Small, and Medium Enterprises (MSMEs) sector has generated 5,461,731 jobs, or 64.67 percent of the Philippines’ total employment for 2021, Senate President Pro Tempore Loren Legarda on Monday, July 10 said. Senate President Pro Tempore Loren...
Twin good news about the economy were released by the Philippine Statistics Authority (PSA) last week. First, inflation declined for the fifth consecutive month in June, reaching 5.4 percent compared to 6.1 percent in May. Second, the country’s unemployment rate in May this year stood at 4.3...
