Palace resolve to recover from recession remains strong Malacañang remains optimistic that the Philippines can soon recover after it officially entered a recession with a 16.5 percent economic plunge in the second quarter due to coronavirus disease 2019 (Covid-19) related … Continue reading PH Gross Domestic Product (GDP) suffers 16.5-percent decline
FOCUS: Improving the country’s healthcare systems Ensuring food security Increasing investments in public and digital infrastructure helping communities cope and prevail in today’s trying times PRRD approves proposed P4.5-T nat’l budget for 2021 President Rodrigo R. Duterte has approved … Continue reading DUTERTE approves proposed P4.5-T nat’l budget for 2021
Experts explain why Reports of new loan issuances over the past months have been met with much trepidation online, compounding the already widespread anxiety caused by news of rising COVID case counts, mounting business closures, and soaring unemployment. The COVID-19 … Continue reading SPECIAL REPORT: Philippines’ P9-Trillion debt no cause for panic
President Rodrigo Duterte on Wednesday broached the idea of selling public properties if the government falls short of money that will be tapped to address the coronavirus disease 2019 (Covid-19). PH economy ‘well-prepared’ for Covid-19 In a speech aired on … Continue reading Duterte eyes sale of gov’t assets if no sufficient Covid-19 funds
THE ECONOMY WILL SUFFER Department of the Interior and Local Government (DILG) Secretary Eduardo Año on Monday said extending the Luzon-wide enhanced community quarantine is not advisable as it would affect the country’s economy. “Hindi advisable na pahabain, magsa-suffer ang economy (It … Continue reading Año against extension of Luzon-wide lockdown
Davao City businessman’s debts triple in 2017 By BILYONARYO Twenty local and foreign banks have slaked Davao City-based businessman Dennis Uy’s thirst for takeovers and mergers in the first two years of President Rodrigo Duterte. Uy, a close friend and … Continue reading DENNIS UY’s multi-billion peso buying binge fueled by 21 banks
2019 GRDP projected at 7.2% Mindanao’s Gross Regional Domestic Product (GRDP) for 2019 is expected to hit 7.2 percent, an official of the Mindanao Development Authority (MinDA) said Wednesday in Davao City. In a press briefing, MinDA Assistant Secretary Romeo … Continue reading MINDANAO GRDP HIGHER THAN NATIONAL AVERAGE
“Let us begin anew with a stronger commitment in our shared task of nation-building” A day before the entire nation welcomes 2020, President Rodrigo Duterte on Tuesday encouraged Filipinos to seek improvements and aspire for a better life next year. … Continue reading Duterte urges Filipinos to ‘do better, aim higher’ in 2020
Hope among majority of Filipinos in the coming 2020 remains high, despite several issues that confronted the country this year, according to the latest survey released by pollster Pulse Asia on Friday. 87% of Filipinos approve of PRRD’s performance: Pulse … Continue reading PULSE ASIA: 93% of Filipinos to welcome 2020 ‘with hope’
Davao City Mayor Sara Z. Duterte has welcomed the non-extension of martial law after it expires on December 31 this year. In a statement on Wednesday, presidential daughter Sara said the lifting of martial law would entice more foreign tourists … Continue reading SARA DUTERTE: MARTIAL LAW LIFTING TO LURE FOREIGN INVESTORS, TOURISTS TO MINDANAO
Private sector employers have until Christmas Eve to release the 13th-month pay of their workers, Labor Secretary Silvestre Bello III said Wednesday. “This is a reminder to our employers not to forget. The law is clear that you have to … Continue reading BELLO: Private firms have until Dec. 24 to give 13th-month pay
