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Friday, April 19, 2024

Economy & Trade

Economic team woos more US investors to PH

The government’s economic team is wooing more American investors to consider the Philippines as a destination of choice for business expansion. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan, together with other members of the economic team, made the case to potential investors during the Philippine Investors Dialogue at the Ritz-Carlton Hotel on April 17. Balisacan said that despite various external risks, including the global economic slowdown, geopolitical tensions and...

BOC blocked P18.1-b smuggled goods in Q1

The Bureau of Customs (BOC) said Thursday it stepped up its campaign...

CAB maintains fuel surcharge

The Civil Aeronautics Board (CAB) said the passenger and cargo fuel surcharge...

DBM reaffirms commitment to robust economic growth

Department of Budget and Management (DBM) Secretary Mina Pangandaman reaffirmed the government’s...

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Business groups welcome changes in BOT Law guidelines

Business groups on Thursday welcomed the government’s policy encouraging private sector participation through public-private partnerships. “We welcome the amendments to the implementing rules and regulations...

DTI expects influx of foreign investors

The Department of Trade and Industry expects an influx of foreign direct investments under the Marcos administration. Trade Undersecretary Ceferino Rodolfo said that while the...

PH registers world’s biggest rise in inequality during pandemic

The Philippines registered the largest increase in income inequality during the pandemic, the World Bank said in its latest Poverty and Shared Prosperity Report. “The...

WTO reduces global trade forecast as recession looms

Geneva, Switzerland—The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia’s war in Ukraine and other shocks take...

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