The Asian Development Bank (ADB) raised this year’s growth forecast for the Philippines on stronger-than-expected domestic demand, but it expects the expansion to move at a much slower pace next year due to financial tightening and global headwinds. Based on the latest supplement to the Asian...
With the Association of Southeast Asian Nations (ASEAN) amid a post-pandemic economic recovery and growing digital economy, President Ferdinand “Bongbong” Marcos Jr. on Tuesday, Dec. 13, highlighted the importance of inter-regional cooperation with the European Union (EU). President Ferdinand...
The Philippine Economic Zone Authority has approved a total of P57.048 billion in committed investments in the January-November period this year or 11 percent lower than the P64.463 billion approvals in the same period last year. PEZA OIC Deputy Director General Tereso O. Panga noted that the...
The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Economic Zone Authority (BEZA) is seeking to establish more economic zones, especially for Halal hubs in the region, which is composed of six provinces and three cities. Philippine Economic Zone Authority (PEZA) Deputy Director General...
Another measure filed by Senior Deputy Majority Leader and Ilocos Norte 1st district Rep. Sandro Marcos has been approved on third and final reading by his colleagues in the House of Representatives. Ilocos Norte 1st district Rep. Sandro Marcos (Noel Pabalate/ MANILA BULLETIN) Given final approval...
The Bureau of Customs (BOC) must send a strong message to traders involved in the big-time smuggling of agricultural goods. Benguet lone district Rep. Eric Go Yap (Facebook) Benguet lone district Rep. Eric Yap said the BOC can do so by filing air-tight, non-bailable cases against such smugglers,...
Senate Committee on Ways and Means Chairman Senator Sherwin Gatchalian wants to know the economic managers' basis for supporting the controversial Maharlika Wealth Fund (MWF). Senator Sherwin Gatchalian (Facebook) Gatchalian had this to say Saturday, Dec. 10 in a DWIZ interview following reports...
Editorial New technologies have emerged since the Covid-19 pandemic struck in 2020, some of which were already with us in the days before the public health emergency but were given the big push by reason of necessity. We can cite the system of online economy as among these innovations, where more...
The Filipino-Chinese business community has thrown strong support behind Trade and Industry Secretary Alfredo E. Pascual, who is facing opposition on his confirmation at the Commission on Appointments. In a statement, the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc....
The Philippine Economic Zone Authority (PEZA) Employees Association (PEZAEA) has thrown its steadfast support behind OIC Deputy Director General Tereso O. Panga, stating the reforms instituted by Panga are “well received by the employees.” The PEZAEA issued this statement amid controversy...
Economic indicators point to strong Q4 growth—Diokno By Chino S. Leyco The Department of Finance (DOF) expects strong fourth-quarter growth amid improving jobs market, rising factory output, strengthening peso, and falling global oil prices. Finance Secretary Benjamin E. Diokno said on Thursday,...
A measure seeking to declare as "economic sabotage" the smuggling of tobacco products into the country has been approved on second reading in the House of Representatives. Ilocos Norte 1st district Rep. Sandro Marcos (left) and PBA Party-list Rep. Migs Nograles Through a simple voice vote (ayes vs....
