The Department of Public Works and Highways (DPWH) has targeted to open the initial 10.7 kilometer central portion of the 45.5 kilometer Davao City Bypass Construction Project by 2024 as it accelerates excavation works in the twin-tube road mountain tunnel. DPWH Senior Undersecretary Emil K. Sadain...
When he passed away at age 96 last Nov. 30, former president Jiang Zemin was acclaimed by the Communist Party of China in a published letter to its members: “(His) death is an incalculable loss to our Party and our military and our people of all ethnic groups.” Jiang served as president of...
Filipino CEOs highlighted the opportunities and strength of the Philippines and the domestic economy as the main reason the country is being dubbed as the “next best thing in Asia.” At the 55th Annual Dialogues Summit of the Pacific Basin Economic Council (PBEC), Aboitiz Group President and...
The economic team of President Marcos will keep the government’s growth target this year despite the higher than expected pace of expansion recorded in the third quarter. Finance Secretary Benjamin E. Diokno said the inter-agency Development Budget Coordination Committee (DBCC) will keep its...
President Ferdinand "Bongbong" Marcos Jr.'s administration has been doing "all the right moves" to achieve economic transformation for the country, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the President) In a statement on Tuesday, Nov. 29, Office...
The best is yet to come in terms of the country's economic recovery under the Marcos administration. House Speaker Martin Romualdez (Speaker's office) House Speaker Martin Romualdez confidently made this declaration Tuesday morning, Nov. 29 at Business World's Economic Forum held at the Grand Hyatt...
President Ferdinand R. Marcos Jr., the through the National Economic and Development Authority (NEDA) Board, approved one new project funded through official development assistance (ODA), and also changes on five ongoing projects. According to the agency’s report issued on Thursday, Nov. 24, the...
Aboitiz Infra Capital, the infrastructure arm of the Aboitiz Group, is investing about P2 billion to expand its economic estates, primarily for its Lima Estate in Lipa and Malvar, Batangas. Aboitiz InfraCapital First Vice President Rafael Fernandez de Mesa said during the Laging Handa Public...
The society will benefit if the economic status of women is uplifted, United States first-ever female Vice President Kamala Harris has said. Talking about women empowerment at a town hall discussion in Pasay City on Monday, Harris pushed for equal opportunity for women in terms of entrepreneurship...
The Department of Finance (DOF) said that meeting the government’s economic growth target this year has become more certain, given the sustained recovery of domestic demand and improved labor market conditions. Finance Secretary Benjamin E. Diokno said the government would meet the 6.5 percent to...
Useful and productive. This was how President Ferdinand "Bongbong" Marcos Jr. described the recently concluded 29th Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting in Thailand, saying the future for the organization's members is now clearer. President Ferdinand 'Bongbong' Marcos Jr....
After financial analytics firm S&P Global maintained the Philippines’ long-term foreign currency-rating at BBB+, House Ways and Means Chairman and Albay 2nd district Rep. Joey Salceda credited the Marcos administration for successful economic recovery. Albay 2nd district Rep. Joey Salceda On...
