Noting how better health could help improve a family's socio-economic conditions towards achieving pandemic recovery, Senator Christopher "Bong" Go continues to push for the improvement and expansion of the country's public health services, especially for the poor. “Malaking bahagi po ng budget...
The Department of Public Works and Highways (DPWH) reported Monday, Dec. 26, that the widening of the Arterial Bypass Road in Bulacan that links the North Luzon Expressway (NLEX) and the Philippine-Japan friendship Road (Daang Maharlika) is going on swiftly and will likely be finished next year....
The Philippines would not suffer a sharp economic slowdown next year due to strong domestic consumption, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. In the December issue of the Market Call, FMIC and UA&P said the ongoing...
The Philippines has signed an agreement with South Korea for a total loan worth 3 billion US dollars, which is earmarked for the country's infrastructure projects. Department of Foreign Affairs (DFA) Secretary Enrique Manalo and Korean Ambassador to the Philippines Kim In Chul signed on Wednesday...
The National Economic and Development Authority (NEDA) has called for a swift enactment of the planned sovereign wealth fund to enhance the newly approved blueprint for the socioeconomic development of the country. Socioeconomic Planning Secretary Arsenio M. Balisacan said the proposed Maharlika...
The upgrade of the Monsanas- Upper Dimorok-Lower Dimorok Road will improve mobility and the transport of goods in Zamboanga del Sur, the Department of Public Works and Highways (DPWH) said on Monday, Dec. 19. DPWH Regional Office 9 Director Cayamombao D. Dia reported that the newly-paved...
The government approved the country’s blueprint for socioeconomic development over the medium term, and extended the tariff reduction on key commodities until next year, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Arsenio M....
Before the day ended on Wednesday, Dec. 14, Trade and Industry Secretary Alfredo E. Pascual issued his third department order (DO) for the day, as he sought to clarify the leadership position at the Philippine Economic Zone Authority, but only muddled the issue some more. DO 22-116, Series of 2022,...
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...