The National Economic and Development Authority (NEDA) said a strong macro-fiscal foundation is vital for economies to weather shocks, such as the coronavirus pandemic. During the virtual 2021 Asia-Pacific Economic Cooperation (APEC) Structural Reform Ministerial Meeting, Socioeconomic Planning...
President Duterte has called for the swift passage of the administration's priority bills, particularly certain tax reform measures, to help promote economic recovery following the debilitating impact of the pandemic. President Rodrigo Duterte (File photo/Malacañang) Among the administration bills...
Despite being behind other regional economies in terms of recovery from the malaise of the global pandemic, the government’s chief economic manager assured that the country can bounce back stronger due to sound economic fundamentals. Finance Secretary Carlos G. Dominguez III said on Tuesday, June...
President Duterte has cautioned that the power outages in Luzon might hurt the government's efforts to respond to the pandemic as well as promote the country's economic recovery. President Rodrigo Duterte delivers a public address on June 14, 2021 (Malacañang) The President issued the statement...
A total of 2,000 persons under the A4 category or economic frontliners were inoculated in Pasay City’s Giga vaccination site located at the Galleon, SM Mall of Asia on Wednesday, June 9. Mayor Emi Calixto-Rubiano said the economic frontliners were included in the vaccination of persons under A2...
The government is counting on the vaccination drive and the safe reopening of the economy to help stimulate job creation in the country. Essential workers get coronavirus vaccines inside the SM Manila cinema that has been converted into a vaccination hub on cinema turned vaccination hub at SM...
The World Bank expects the Philippine economy will recover at a much slower pace than initially estimated due to resurgence of coronavirus infections and prolonged movement controls that held back the nation’s early signs of a rebound. The Washington-based financial institution on Tuesday, June...
Malacañang said that economic frontliners of all ages may now get vaccinated against the coronavirus disease (COVID-19) but this may not be the case if the country faces a shortage of vaccines. Presidential spokesperson Harry Roque (OPS / FILE PHOTO / MANILA BULLETIN) Presidential Spokesman...
SPEAKING OUT Ignacio R. Bunye Speaking before the Regis CEO Roundtable Series last May 18, Fernando Zobel de Ayala (FZA), President and CEO of Ayala Corporation, disclosed that “two of Ayala’s most cyclical businesses – Ayala Land and BPI – are priming themselves for a post-pandemic...
Changing economic policies in our constitution By Karl Aguilar Illustration by Shaun Landaas, design by Jules Vivas Among all the sovereign countries in the world, the Philippines is the only country that has specified in its constitution the limits to which a foreign company or...
What we have learned from the 1971 Constitutional Convention and how we can apply it today By Orion Perez Dumdum 1899 Malolos Congress: President Aguinaldo sits at the center, as a gentleman reads a document to his left Philippine Executive Commission Chairman Jorge B. Vargas reads a message to the...
Manila Economic and Cultural Office (MECO) Chairman Angelito Banayo on Friday confirmed that three overseas Filipino workers have tested positive for coronavirus disease (COVID-19) following an outbreak at a factory in a southwestern county in Taiwan. Manila Economic and Cultural Office Chairman...
