Climate change adaptation and mitigation needs to be placed at the heart of socioeconomic planning for the country to achieve its 2040 vision of eradicating extreme poverty, the National Economic and Development Authority (NEDA) said. At the recent Philippine Environment Science Summit 2022,...
Outgoing Vice President Leni Robredo has expressed her gratitude to Israel Ambassador to the Philippines Ilan Fluss for the signing of agreements that will enhance the economic cooperation between the two nations. Vice President Leni Robredo shakes the hand of Israel Ambassador to the Philippines...
Vice President-elect and Davao City Mayor Sara Duterte on Wednesday, June 8, commended China’s role in the Philippines’ recovery efforts especially during the Covid-19 pandemic that battered most sectors and industries. Vice President-elect Sara Duterte (Photo from Lakas-CMD Media) In a speech...
The National Commission on Indigenous Peoples (NCIP) and the Philippine Economic Zone Authority (PEZA) signed a memorandum of agreement (MOA) on June 3 to promote the creation of special economic zones in ancestral lands. National Commission on Indigenous Peoples website The MOA signing was...
The Philippine economy is poised to grow at a much slower pace than government’s target this year due to intensifying global uncertainties, the World Bank said on Wednesday, June 8. Based on World Bank’s Philippine Economic Update June 2022 edition, the Washington-based lender projected that...
Despite a strong campaign being mounted by the government and private business organizations, the Senate was still unable in its second attempt to concur with the ratification of mega trade deal Regional Comprehensive Economic Partnership (RCEP). Given also the strong opposition from the...
President-elect Bongbong Marcos appeared to mean business here in this photo where he is seen meeting his economic team led by incoming Department of Finance (DOF) Secretary Benjamin Diokno. (BBM Media Office) The meeting took place Monday, June 6 at the BBM headquarters in Mandaluyong City. Also...
The Department of Foreign Affairs (DFA) said Saturday, June 4, it will continue providing assistance to Filipinos in Sri Lanka amid the ongoing economic crisis in the country. While assistance is ongoing, DFA clarified there is no urgent need to have a rapid response team there. This came after DFA...
HOTSPOT Tonyo Cruz Big business, foreign chambers of commerce and foreign creditors cannot hide their glee over President-elect Ferdinand Marcos, Jr.’s choices for his economic team. They are so happy to see the names of Benjamin Diokno, Arsenio Balisacan, and Felipe Medalla. One thing should...
Foreign Affairs Secretary Teodoro Locsin Jr. said there was no need for the Department of Foreign Affairs (DFA) to send a response team to Sri Lanka amid an ongoing economic crisis there but stressed that the DFA is ready to respond to the needs of Filipinos abroad. Anti-government demonstrators...
President-elect Marcos’ chief economic manager has high hopes for incoming Socioeconomic Planning Arsenio M. Balisacan, describing the latter as the “poverty guru” of the next administration tasked to bring down the nation’s poverty rate to single-digit. Incoming Finance Secretary Benjamin...
Globe, in partnership with the Department of Agriculture’s National Fisheries Research and Development Institute (DA-NFRDI) and Carmel-Haifa University Economic Corporation Ltd from the University of Haifa in Israel, recently held a webinar series that tackled the importance of incorporating...
