The National Economic and Development Authority Board, chaired by President Marcos, and the Cabinet-level Social Development Committee have  approved the recommendation for Social Protection Floor  (SFP) for children and the elderly.

NEDA Board OKs social polices for children, elderly

The country’s foreign currency reserves dipped a bit in February after the government settled some of its foreign currency debts, settling at $99.3 billion from $100.67 billion in January.

GIR drops to $99.3-B in February

Rising interest rates and stable credit costs would boost the profitability of Philippine banks but high inflation could pose a downside risk as it may erode household savings and dampen credit demand.

Phl. banks to profit from rising interest rates, stable credit costs

Despite the available laws, smugglers of agricultural products still make a killing at the expense of local farmers. Farmers’ groups now seek tougher punishments against these “economic saboteurs.”

ECONOMIC SABOTAGE

Despite slowdown in global economic activity, Philippine banks maintain a positive outlook for the next two years and expect to post double digit growth in assets, loans, deposits and net income, despite high inflationary environment.

Phl. Banks optimistic for next 2 years

In the heart of the Philippine archipelago, a dynamic phenomenon is taking root, transforming economic landscapes and breaking new ground. This phenomenon is the rise of Filipino startups, a testament to the country's vibrant entrepreneurial spirit and innovative prowess.

Filipino startups on the rise 

Since the outbreak of the pandemic, the world has never been the same again. The stalled economic activities everywhere forced people out of their jobs which resulted in many layoffs including here in the Philippines. Filipinos up to now are forced to be creative in making both ends meet to survive. 

Filipinos must adopt entrepreneurial skills to remain competitive 

At the economic briefings held by the Marcos administration's economic team in the US, Socioeconomic Planning Secretary Arsenio Balisacan urged the American businesses to invest in the Philippines Infrastructure Flagship Projects (IFPs)  aimed at fortifying the country’s  economic transformation.


Balisacan prods US businesses to invest in Philippine infra projects

Government’s report that inflation in April eased to 6.6 percent—from 7.6 percent in March—is something too unbelievable considering that food prices in the wet market and groceries have gone up, not down, with vendors saying they obtained their supplies at higher prices again. “Sandali lang yun, bumalik na sa mataas na presyo ulit ngayon,” vendors told OpinYon on Thursday.

Market prices negate easing inflation

The government’s outstanding debt hit a record high of P13.698 trillion at the end of January as the government ramped up domestic and external borrowings, the Bureau of the Treasury (BTr) said on Tuesday.

January NG debt is at record high of P13.7T

Filipinos must adopt entrepreneurial skills to remain competitive

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ECONOMIC SABOTAGE

Filipino startups on the rise

Market prices negate easing inflation

Filipinos must adopt entrepreneurial skills to remain competitive

NEDA Board OKs social polices for children, elderly

Balisacan prods US businesses to invest in Philippine infra projects

Phl. Banks optimistic for next 2 years

January NG debt is at record high of P13.7T

Phl. banks to profit from rising interest rates, stable credit costs

GIR drops to $99.3-B in February

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