Category: Economic Indicators
Agriculture interest groups declare opposition to RCEP
FARMERS, nongovernment organizations, and some members of the private sector said they oppose the ratification of the Regional Comprehensive Economic Partnership (RCEP) trade agreement. In…
SRP scheme being considered for pork; decision due this week
PHILSTAR THE Department of Agriculture (DA) is considering a suggested retail price (SRP) scheme for pork products due to the increase in prices accompanying growing…
House approves ODA reform bill on second reading
PCOO THE HOUSE of Representatives approved a bill on second reading Monday that would reform the process of receiving official development assistance (ODA) to improve…
Meralco, Megaworld tie up to built substation
The Manila Electric Co. (Meralco) and Megaworld Corp. said they have agreed to jointly build a 249-megavolt ampere power substation in Taguig City. The substation…
Meralco, Megaworld tie up to build substation
The Manila Electric Co. (Meralco) and Megaworld Corp. said they have agreed to jointly build a 249-megavolt ampere power substation in Taguig City. The substation…
Senators back restoration of original budget for DAR land titling project
SENATORS on Monday expressed support for calls to restore funding worth P2.6 billion for the Support to Parcelization of Lands for Individual Titling (SPLIT) Project…
Should I be taxed for showing political support?
And so it begins. The last day for the substitution of candidates for elections was set yesterday, Nov. 15, and we now have a better…
Gov’t benefits for contractuals seen as alternative to ‘endo’ ban
PRESIDENTIAL CANDIDATES for next year’s national elections need to consider extending government benefits to contractual workers instead of abolishing labor contractualization, analysts said. Ateneo de…
Dominguez presses multilateral banks to help vet climate projects
PHILSTAR THE FINANCE department is asking multilateral banks to come up with guidelines for vetting climate adaptation projects in developing countries, in order to firm…
PHL credit rating supported by economy’s long-term track record
THE Philippine sovereign rating will remain supported by the country’s long-term track record of economic growth, which will be weighed against the damage caused by…
September debt service bill falls by 26% to P54.45 billion
BW FILE PHOTO THE NATIONAL Government in September made debt service payments of P54.45 billion, falling 26.48% year on year following a decline in amortization…
Property in civil forfeiture valued at nearly P900 million — Diokno
REAL PROPERTY seized from criminals and subject to civil forfeiture as part of money-laundering prosecutions has been valued at nearly P900 million, Bangko Sentral ng…
Asian Terminals reports 24% decline in nine-month profit
ASIAN TERMINALS, Inc. (ATI) said net profit in the first nine months fell 24% year on year to P1.5 billion following disruptions in global supply…
How to win Asia-Pacific consumers in the new era
First of two parts Before the COVID-19 pandemic unleashed its unprecedented impact on economies and societies, consumer behaviors were already shifting. Digitalization was reimagining how…
Global group eyes green investments in PHL
THE PHILIPPINES is being considered by a private sector-led organization for a possible partnership that will quicken the country’s transition to green and renewable energy…
Duterte says public-private collaboration needed for recovery
PRESIDENT Rodrigo R. Duterte told world economic leaders that partnerships between the public and private sectors are necessary to address inclusion challenges brought by climate…
More small firms now eligible for 13th month pay loan program
THE COVERAGE of a loan program aimed at helping small businesses give the 13th month pay of their employees has been expanded to include more…
Former NEDA chiefs call on gov’t to address inequalities caused by the pandemic
THE GOVERNMENT should push for more targeted assistance to address inequalities that affect vulnerable groups, two former socio-economic planning chiefs said. “This big issue about…
Meralco considering nuclear en route to zero coal by 2050
THE Manila Electric Co. (Meralco) said it is considering nuclear energy as well as renewable energy in order to go completely coal-free by 2050. In…
DTI estimates mall crowds at 50-80% of pre-pandemic levels
THE DEPARTMENT of Trade and Industry (DTI) said malls and restaurants are recording foot traffic of about 50-80% of pre-pandemic levels following the further easing…