PHL to lag behind Asian peers in economic recovery
THE Philippines’ path to economic recovery faces headwinds, as coronavirus disease 2019 (COVID-19) cases continue to rise and policy measures rolled out by the government are still “meager.”
Digital transformation to create P5 trillion in annual economic value for PHL — Google...
DIGITAL TRANSFORMATION is estimated to create up to P5 trillion in annual economic value for the Philippines, a report commissioned by Google Philippines showed.
BSP likely to keep policy rates steady this week
THE Bangko Sentral ng Pilipinas (BSP) will likely keep benchmark rates steady at its review this week, with policy makers preferring to ensure that inflation maintains its downward trend, analysts said in a BusinessWorld poll.
BSP may still cut banks’ reserve requirement ratio before yearend
THE Philippine central bank may still lower the banks’ reserve requirement ratio (RRR) before the end of the year.
Angara named DepEd chief amid education crisis
MALACAÑANG on Tuesday named Senator Juan Edgardo M. Angara as the new secretary of the Department of Education (DepEd) as the Philippines faces a learning crisis spurred by the pandemic and decades-old bureaucratic inefficiencies.
Outbreak exposes disparity, leaves many out of work, pay
WHAT used to be a bustling street near the Centro Escolar University in Las Piñas City was now bare, except for a cart of sorbetes being pushed by Alex H. Reales, 55.
BSP likely to pause easing — poll
THE central bank is widely expected to maintain key policy rates at record low levels on Thursday, as it waits for fiscal policy to do its part in quelling the recent spike in inflation.
PHL factory growth slows but tops peers
IMPROVEMENT of factory activity in the Philippines slowed at the start of this quarter as growth of output, new orders and exports weakened, even...
56 flagship projects to be completed by 2022
MORE than half of the 100 flagship projects under the government’s infrastructure program is expected to be completed by 2022, while nearly half will be funded through official development assistance (ODA), according to a preliminary copy of the revised list was sent by Albay Rep. Jose Maria Clemente “Joey” S. Salceda to reporters on Friday.
Foreign chambers urge Senate action on Open Access bill
THE JOINT Foreign Chambers (JFC) called for Senate action on the proposed Open Access in Data Transmission Act, which is aimed at improving internet service in the country.
USDA expects country’s pork output to drop 5%
THE PHILIPPINES is expected to produce a lower volume of pork due to the continuous spread of African swine fever (ASF) in top-producing regions,...
Faster PHL growth likely if Marcos addresses gaps in agri, good governance
THE PHILIPPINE ECONOMY could grow by as much as 8-10% if the government can address the gaps in agriculture, investment, and good governance, according...
