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By: Ben O. de Vera, INQ, 23 Jan 2020 MANILA, Philippines — The Philippine economy grew 5.9 percent in 2019, its slowest pace in eight years, no thanks to delayed approval of last year’s national budget.
By Rene E. Ofreneo, Businessmirror, 23 Jan 2020 In December last year, BOI Executive Director Ma. Corazon Dichosa called the attention of the nation on an “alarming” development – Philippine trade deficit has been growing. In 2014-2018, the deficit averaged 76.54 percent and reached $47 billion in 2018 alone. In simple language, the country is…
By ANNA LEAH E. GONZALES, THE MANILA TIMES, 23 Jan 2020 THE Philippine economy grew to 6.4 percent in the fourth quarter of 2019, the slowest in eight years, bringing the full-year growth rate to 5.9 percent, just below the government’s target.
By BusinessMirror, 23 Jan 2020 THE German Philippine Chamber of Commerce and Industry (GPCCI) welcomes the signing of the memorandum of agreement between the Technical Education and Skills Development Authority (Tesda) and Philippine Chamber of Commerce and Industry-Human Resources Development Foundation (PCCI-HRDF) to forge a partnership in setting up the nationwide, pre-employment dual education and…
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‘Central Luzon remains a major flashpoint for communist insurgency and in the white area operation,’ says Central Luzon police chief Brigadier General Rhodel Sermonia by Jun A. Malig, Rappler, 23 Jan 2020 PAMPANGA, Philippines – The Police Regional Office in Region III (PRO3) has started setting up offices in special economic and freeport zones in…
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by Rey Galupo (The Philippine Star) – 22 Jan 2020 MANILA, Philippines — Two Chinese men were arrested and 22 Chinese women rescued during a raid on a prostitution den at a hotel in Makati City last week, the National Bureau of Investigation (NBI) said yesterday.
by Rhodina Villanueva (The Philippine Star) – 22 Jan 2020 MANILA, Philippines — Seven in 10 Filipinos want single-use plastics to be banned at all times, according to a Social Weather Stations (SWS) survey released yesterday.
by Helen Flores (The Philippine Star) – 22 Jan 2020 MANILA, Philippines — President Duterte’s net satisfaction rating hit a new record high in the fourth quarter of last year, registering an “excellent” +72, according to a survey conducted by the Social Weather Stations (SWS).
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By BusinessMirror, 22 Jan 2020 DAVOS, Switzerland—Climate issues are set to be one of the main talking points at the World Economic Forum in the Swiss ski resort of Davos this week, but a survey of CEOs released on Monday shows that they are not even ranked among the top 10 threats to business growth.
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by Mary Grace Padin (The Philippine Star), 21 Jan 2020 MANILA, Philippines — Philippine economic growth may likely accelerate to 6.7 percent this year on the back of better public spending and improved global trade, according to Moody’s Analytics.
By: INQUIRER.net BrandRoom , 20 Jan 2020 Since the early ‘90s, the Philippines has always been prone to recurring power shortages. Power interruptions commonly occur during the summer months, when electric power plants run low on dispatchable reserves due to increased electricity demand. In 2019 alone, almost 10 “yellow alert” status have been issued by…
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By: Karl R. Ocampo, Philippine Daily Inquirer, 20 Jan 2020 The average farm-gate price of palay slid further during the fourth week of December while rice prices in the market increased, government data showed.
by Louella Desiderio (The Philippine Star) – 20 Jan 2020 MANILA, Philippines — The Philippines ranked 61st out of 82 countries in terms of social mobility, underscoring the need to provide an environment where individuals would have fair opportunities to fulfill their potential in life to help boost economic growth, according to the World Economic…
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By Cai Ordinario, Businessmirror, 20 Jan 2020 A ROBUST manufacturing sector is no longer the “silver bullet” that developing countries can use to escape the middle-income trap, according to experts from the Asian Development Bank (ADB).
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By Catherine S. Valente, TMT, with BERNADETTE E. TAMAYO, 18 Jan 2020 President Rodrigo Duterte has approved the Department of Labor and Employment’s recommendation for a total deployment ban to Kuwait, Malacañang announced on Friday.