The Legislative-Executive Development Advisory Council (LEDAC) has approved several measures for inclusion in the Common Legislative Agenda for the 19th Congress. This was bared by Senate President Juan Miguel Zubiri in an interview, following the 3rd LEDAC Meeting in Malacañang on Wednesday. “Mayroon pong additional, dinagdag po ng ating economic team and we committed to…
MANILA – Ayala-led The Bank of the Philippine Islands (BPI) has revised upward its growth projection for the Philippine economy this year to 6.3% percent from its previous 5% to 6% previously, after noting the higher-than-expected expansion in the first quarter. The country’s gross domestic product (GDP) rose by 6.4% year-on-year in the first quarter this year, higher than the 6.2% average growth projection, with risks coming from…
ECONOMIC DISCUSSIONS. Budget Secretary Amenah Pangandaman, Finance Secretary Ralph Recto and Socioeconomic Planning Secretary Arsenio Balisacan (2nd to 4th from left) showcase the compelling reasons why American investors should continue expanding their businesses in the Philippines during the Philippine Dialogue at The Ritz-Carlton in Washington, D.C. on April 17, 2024. It was attended by around 90…
WASHINGTON – US President Joe Biden sought to draw stark contrasts between his policies and those of his Republican predecessor and likely election opponent, ex-President Donald Trump, during his State of the Union address on Thursday evening. With just eight months to go until Election Day, Biden launched an oftentimes fiery and defiant speech that repeatedly…
Governor Daniel R. Fernando, Bulacan Police Provincial Office Provincial Director PCol. Angel L. Garcillano, and Vice Gov. Alexis C. Castro present Christian Roxas alyas “Lupin”, one of the suspects on the murder case of former Association of Barangay Captains-Bulacan President Ramilito Capistrano and Shedrick Toribio to the media, in a press conference held at Balagtas…
The Department of Social Welfare and Development (DSWD) targets to finish the distribution of livelihood assistance to affected rice farmers by Thursday, September 14, in response to President Ferdinand R. Marcos Jr.’s order to expedite the payout and in compliance with the election period spending ban. In a press briefing in Malacañang on Tuesday, DSWD…
President Ferdinand R. Marcos Jr. urged businesses in Singapore to consider the Philippines as their investment hub for renewable energy as he laid out the government’s efforts to lower electricity rates in the country. At the sidelines of the 10th Asia Summit Fireside Chat in Singapore, President Marcos said that foreign investors can now enjoy…
The meeting centered on updates regarding ongoing projects under the Community Empowerment through Science and Technology (CEST) program. Provincial S&T Director Ritchie Mae L. Guno also introduced innovative DOST technologies that align with the municipality’s development goals — including the 21st Century Learning Environment Model, VISSER, and DOST Courseware. Mayor Gamboa expressed strong support for…
NEGROS OCCIDENTAL – – Residents of this province have been advised by the Department of Science and Technology – Philippine Institute of Volcanology and Seismology (DOT-PhiVolcs) to be vigilant and prepared amid the increasing unrest of Kanlaon Volcano and to refrain from entering the four-kilometer-radius Permanent Danger Zone (PDZ) of the volcano. Although still at…
The drop in oil prices in the world market is a welcome news to consumers as it is expected to translate into lower fuel costs and subsequently, reduced pressure on inflation, a chief economist said on Saturday. In a news forum in Quezon City, Rizal Commercial and Banking Corp. (RCBC) chief economist Michael Ricafort said…
