‘Imports to grow by double digits this year’ WEDNESDAY, 29 JUNE 2016 – The country’s merchandise imports are expected to maintain “double digit” growth for the remainder of the year, driven by the robust demand for capital goods and building materials as the country moves to ramp up infrastructure spending and housing projects.“We expect import […]
Read MoreNFA: There is enough rice for the lean months WEDNESDAY, 29 JUNE 2016 – The National Food Authority (NFA) on Wednesday assured Filipinos there is ample rice even if the government’s rice importation scheme for the lean months has been deferred.In a statement, NFA Officer-in Charge Tomas Escarez said he has directed all field offices […]
Read MoreRP remittances safe from ‘Brexit’ — HCBC TUESDAY, 28 JUNE 2016 – An official of banking giant HSBC is confident that Brexit will not greatly affect remittance inflows to the Philippines since the possible decline of inflows from UK can be countered by the strengthening of the greenback and its impact on the peso value […]
Read MoreRadical plan to give land for free to poor farmers SUNDAY, 26 JUNE 2016 – A new agrarian reform program that seeks to distribute lands for free to farmers is emerging as the centerpiece of an agreement on radical social and economic reforms that will form part of a peace pact between the incoming Duterte […]
Read MoreRody tells telcos: Shape up or face new competition MONDAY, 30 MAY 2016 – The two dominant telecommunication firms in the country better shape up and improve the speed of Internet download, one of the slowest in the world.Otherwise, they will face competition from new players under a Duterte administration.Presumptive President-elect Rodrigo Duterte said he would […]
Read MorePH has worst unemployment rate despite high GDP growth – Ibon MONDAY, 30 MAY 2016 – An independent research group said the Philippines still has the “worst” unemployment rate in Asia despite posting a 6.9-percent growth in gross domestic product.In a statement, Ibon said economic growth “should not be used to divert public attention from […]
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