Financial strain on consumers’ pockets will ease a bit next week, as the anticipated oil price hikes ended up at lower amounts, based on the outcome of end-week trading in the regional market. According to the oil companies, the estimated increase for gasoline products will be at P0.25 to P0.65...
The Philippines is narrowing down the proposed projects under the Luzon Economic Corridor as the country's partners shift their interest to projects in Subic, Special Assistant to the President for Investment and Economic Affairs Frederick Go said. Special Assistant to the President for Investment...
The National Economic and Development Authority (NEDA) board approved the Philippine Civil Service Modernization (PCSM) project to upgrade government agencies’ human resource information systems. During its 20th meeting on Wednesday, the NEDA board, chaired by President Ferdinand R. Marcos Jr.,...
The Senate Committee on Constitutional Amendments and Revision of Codes has formally ended the public hearings on Resolution of Both Houses No. 6 which seeks to relax restrictions on foreign ownership in public utilities, higher education and advertising. Sen. Robinhood “Robin”...
Tangere A survey conducted by market research company Tangere revealed that three out of five Filipinos remain supportive of proposals to amend the economic provisions of the 1987 Philippine Constitution. Results of the survey, conducted from Aug. 19 to 20, found that 60.9 percent of Filipinos...
Senator Juan Miguel "Migz" Zubiri said that the Philippine government should formulate better investment pitches for prospective foreign investors to successfully land more investments for the country. Sen. Juan Miguel "Migz" F. Zubiri expresses his support for the Regional Comprehensive Economic...
TAIPEI – The Philippines is successfully leveraging on its economic advantage as its export to Taiwan posted substantial growth of 27.38% in this year’s first quarter for an aggregate value of $720.80 million, according to the Philippine Trade & Investment Center (PTIC) here. Conversely,...
China should be the one to leave Escoda (Sabina) Shoal in the West Philippine Sea (WPS), Senate Majority Leader Francis Tolentino said on Monday, Aug. 19. Senator Francis Tolentino (file photo) This was after China's Foreign Ministry claimed in a statement that the Philippine Coast Guard (PCG)...
A few months before reaching the midpoint of his six-year term, President Marcos ensured that the government was doing everything so every Filipino would benefit from the country's improving economy. File photos/Arnold Quizol Marcos said this after the Japan-based Rating and Investment Information,...
China has protested the Philippines’ move to anchor a coast guard ship in Sabina Shoal, although it is part of the Philippine exclusive economic zone (EEZ). China's Foreign Ministry claimed in a statement that the Philippine Coast Guard (PCG) entered into the lagoon of Sabina (known as...
The National Economic and Development Authority (NEDA) clarified that the latest poverty and food thresholds, which some have criticized as unrealistic, are not meant to serve as budget guidelines for a decent standard of living. NEDA Secretary Arsenio M. Balisacan said that these thresholds are...
State economic managers should find time to consolidate the Marcos administration’s economic strategy and be cohesive about it, Senate Deputy Minority leader Risa Hontiveros said. Hontiveros noted that the current plans of the Department of Finance (DOF), Department of Budget and...
