Manila economy

Read this in the Manila Times digital edition.…

Since colonial times and, who knows, maybe even earlier, the history of the Chinese in the Philippines has been one of extortion at the hands of the authorities. Let's combine this sweeping generalization with another, best expressed by a…

The last two weeks have seen successive thunderbolts strike geopolitics and global finance. Not since the combined plagues, calamities, barbarian invasions of ancient times, or…

Speaker Ferdinand "Bongbong" Marcos Jr., who is about to reach his first 100 days in office, has done a "great job" so far as a leader, according to House Speaker Martin Romualdez . Speaker of the House Martin Romualdez (left) looks on…

To say that the US dollar has soared is an understatement. It's become ballistic! The US dollar sneezed and all other currencies not only caught a cold, they are now supported. Even the mighty British pound has fallen to once…

The Department of Finance (DOF) has renewed an agreement allowing the Marcos administration to access official development assistance (ODA) from South Korea under its Economic Development Cooperation Fund (EDCF) for the government's…

THE Population and Development Commission (PopCom) highlighted the important role of a robust working-age population in achieving socio-economic development through a state of…

Size doesn't matter all the time. Sometimes it takes courage, perseverance, hard work and vision to compete with the Philippine business Goliaths. Dennis Uy, chairman and president of Udenna Corp. Dennis Uy, president and…

In discussions of the national development of the Philippines, the Filipino "diaspora" - people living abroad for a short or long period - unquestionably occupies a primary…

The Department of Health (DOH) is considering recommending further easing of border restrictions due to COVID-19 for foreign travelers wishing to travel to the Philippines, an official said Tuesday. COVID SITUATOR. This photo…

The opening of the 8.9-kilometer Cebu-Cordova Link Expressway (CCLEX) boosted Cebu's post-pandemic tourism and economy, according to a study. A study by the Center for Social Research and Education at the University of San Carlos said…

For a few hundred years, China has been the largest and most important in the world in several industries such as manufacturing. However, history has also shown that China…

Power outages have hit the Philippines' largest and most populous island after 10 power plants shut down or curtailed output due to coal shortages, as experts warn of a possible crisis in a country whose…

Senator Robinhood "Robin" C. Padilla said medical marijuana could play a key role in funding major government programs that would benefit all Filipinos. Padilla underscored this yesterday as the Senate prepares to tackle the proposed…

President Ferdinand Marcos Jr. has asked Israel to strengthen cooperation with the Philippines in the area of ​​agriculture to ensure local food security, Israeli Ambassador to the Philippines Ilan Fluss said. Ambassador of Israel to…

Asian markets rallied on Friday after a strong showing on Wall Street as investors widely anticipated further interest rate hikes aimed at tackling runaway inflation. The more confident mood was reflected in a decline in the…

Stocks plunged on Wednesday as the peso and other major currencies plunged against the U.S. dollar and on fears of a bigger rate hike from the Federal Reserve. The Philippines' stock index fell 115.52 points, or 2.3 percent, to…

(Part 2) The fourth reason why the Philippines' sugar industry has not caught up with countries like Thailand in agricultural productivity is the paradox that as we aspire to join the world in having our…

The world's largest IT infrastructure services provider recently announced that Del Monte Philippines Inc. (DMPI), a world-renowned plant-based food company, has engaged…

The number of "Help Wanted" signs may have fallen in the United States in August, but the employment situation still remains tight, official figures are due out on Friday. According to consensus, the unemployment rate for…

BEIJING, China — Chinese factory activity declined in August for the second consecutive month, official data showed on Wednesday, as the sector was hit by strict COVID restrictions and extreme heat. The Purchasing Managers'…

The country's 17th president delivered a good inaugural ceremony, a more economy-focused SONA, crafted an eight-point social program and presented a budget message to the…

MINGORA, Pakistan - Thousands of people living near flood-swollen rivers in northern Pakistan were ordered to evacuate on Saturday as the death toll from devastating monsoon rains neared 1,000 with no end in sight. People gather in front…

There is no need to amend the Constitution to attract foreign direct investment because there are other ways to do so, a professor told a Senate hearing on the Charter…

BEIJING (Reuters) - China's autumn harvest is "severely threatened" by high temperatures and drought, authorities warn, calling for action to protect crops amid the hottest…

“History is a great teacher,” said the late American civil rights leader, Dr. Martin Luther King Jr., in a speech to a Federation of Labor convention in 1961. Earlier in 1948, speaking Speaking to the UK House of Commons, British Prime…

New / National / BOC destroys 'contraband' P5.3M cigarettes in Palawan BOC destroys 'contraband' P5.3M cigarettes in Palawan A total of 207 boxes and 3,507 reams of allegedly smuggled cigarettes worth an estimated 5.3…

MANILA, Philippines — Bangko Sentral ng Pilipinas Governor Felipe Medalla is optimistic that inflation will peak by September or October as markets around the world begin to price in recession fears. Speaking at a Friday briefing hosted…

On Wednesday August 17, the Secretary of the Ministry of Finance (DOF), Benjamin Diokno, listed the measures suggested by the agency to accelerate the country's economic recovery from the Covid-19 pandemic, underlining the agency's support…

…

COLOMBO, Sri Lanka — Sri Lanka granted port access to a controversial Chinese research vessel on Saturday, the Foreign Ministry said, despite concerns from neighboring India that it could spy on military installations in New York. Delhi.…

MANILA, Philippines — Amid Metro Manila's commuter crisis, lawmakers are considering more rail lines to "move more people instead of cars," but transportation experts and advocates have said the lines Rail isn't the only way to do it –…

BEIJING, China — China on Wednesday pledged zero tolerance for “separatist activities” in Taiwan and reiterated that it would take the self-governing island by force if necessary. A man reads a newspaper reporting on Chinese military…

Former Governor of Bangko Sentral ng Pilipinas (BSP) sees three "storm clouds" that may affect the economy of the Philippines.Amando Tetangco Jr., former governor of the BSP,…

Manila and Washington are in talks for possible access to fertilizers and the modernization of the agricultural sector as well as the development and manufacture of vaccines. ALLIES TO THE TREATY. US Secretary of State Antony…

The global trade supply chain is once again at the mercy of geopolitical tensions. As the Russian-Ukrainian war wreaks havoc on commodity trade and pushes oil and wheat prices to unprecedented levels, consumers could face…

"If ICTSI is today recognized as one of the greatest in the world in its specific business, it is because it has adapted to the vagaries of the market and has kept an attentive ear with innovative ideas" What are these places…

JACKSON, United States — Rescuers in Kentucky conduct door-to-door searches in deteriorating weather conditions as they prepare for a long and grueling effort to locate victims of flooding that devastated eastern the state, the governor…

Schools will be forced to include "urban agriculture, agricultural entrepreneurship and economics" in their curriculum if the measure proposed by a legislator becomes law. (Photo courtesy of the Ministry of Agriculture) House Bill (HB)…

I didn't have time to watch it because I was on two conference calls with customers who weren't from the Philippines at the time. So my reaction is to the policy…

Reuters MANILA — Philippine gaming industry revenue is expected to regain its pre-pandemic position by 2026 or even exceed that level, as gamer confidence slowly returns to the sector, a senior government official…

ROME: Italian President Sergio Mattarella dissolved parliament on Thursday (Friday in Manila), triggering a snap election, which could bring the hard-right to power after the…

The Board of Investments (BoI) has approved PAVI Green Renewable Energy Inc.'s application for registration for its P2 billion Naga Solar Power Project in the city of…

New / Mindanao / Smuggled P2.1-M Cigarettes Intercepted in Davao City Smuggled P2.1-M Cigarettes Intercepted in Davao City DAVAO CITY (PNA) – Smuggled cigarettes worth 2.1 million pesos were intercepted at Barangay…

China's economic growth hit its lowest level in two years in the second quarter, official data showed on Friday, with Covid-19 lockdowns and a beleaguered property market pushing a government target even further out of reach.…

Part 2 A few days after President Ferdinand Marcos Jr. announced he was appointing then-Central Bank Governor Benjamin Diokno as the new finance secretary in the new administration, I had the good fortune to be…

THE Economic Freedom Foundation (EFF) has provided the Marcos Administration with policy recommendations that will ensure the Philippines' sustained economic growth in the…

LONDON, UK — Boris Johnson resigned as leader of Britain's Conservative Party on Thursday, sparking a protracted race to succeed the outrageous prime minister after an extraordinary exodus of ministers from his government. Britain's…

MANILA, Philippines (AP) — New Philippines President Ferdinand Marcos Jr. will meet with China's top diplomat on Wednesday to discuss long-simmering disputes in the South China Sea as he addresses foreign policy dilemmas that…

…

NAYPYITAW, Myanmar. Dialogue between Burma's junta and ousted leader Aung San Suu Kyi to end the bloody crisis sparked by the overthrow of her government last February is…

MANILA, Philippines — After repaying its debt to the Bangko Sentral ng Pilipinas, the national government saw its obligations ease in May, but concerns remain as growing obligations threaten to limit the state's spending choices. Treasury…

BEIJING: Profits at China's major industrial companies fell at a slower pace in May as factories in the world's second-largest economy resumed production and the business…

At the end of June, the Philippines will inaugurate the newly elected administration led by Ferdinand Marcos, Jr. A lot of hopes and aspirations are invested in the new government on the back of the overwhelming number of votes won by the…

BEIJING, China — China reported no new Covid-19 infections in Shanghai for the first time since March on Saturday, as the country's latest outbreak eases after months of virus-driven lockdowns and restrictions. China is the last major…

(Welcome address and keynote address by Fr. Joel Tabora, SJ, President of Ateneo de Davao University) On behalf of Ateneo de Davao University, I welcome you to this launch of the 788-page volume, Transfiguring Mindanao: A…

PRESIDENT-elect Ferdinand "Bongbong" R. Marcos Jr. will be the nation's first president to simultaneously serve as secretary of agriculture. It can have its advantages, but…

Bria Homes offers top-quality, well-designed home models and state-of-the-art equipment. CONTRIBUTED PHOTO BRIA Homes, one of…

Over the past week, much of my attention has been directed to the Asian Clean Energy Forum (ACEF) 2022, an annual conference organized by the Asian Development Bank (AfDB)…

Have a good day. Here are the articles from the Manila Times for Friday, June 17, 2022.READ: OCTA, DoH differ on Metro risk levelINDEPENDENT Covid-19 tracker OCTA Research…

Have a good day!Here are the top stories from the Manila Times for Wednesday, June 15, 2022.READ: Covid cases rise 53% in NCRCovid-19 cases have risen 53% in the National!-->…

!--article_body_images-->…

My colleague Marlen Ronquillo's Wednesday, June 8 column ("Geology-challenged pols: Curb your BNPP enthusiasm"), sketched out the main geological arguments against the…

The Philippines said on Thursday it had filed a new diplomatic protest against Beijing over the alleged return of a massive Chinese fleet operating "illegally" around Whitsun Reef in Manila's Exclusive…

Presidential Advisor for Entrepreneurship and Founder of Go Negosyo Jose Maria "Joey" Concepcion 3rd PRESIDENTIAL adviser for…

HEADLINE inflation likely accelerated further in May due to higher food and commodity prices, economists polled by the Manila Times said.Projections for the month ranged from…

Given the extent to which public debt has become a popular concern lately, the announcement by the Asian Development Bank (ADB) earlier this week that it had approved another…

The 100 days since Russia launched its invasion of Ukraine have seen Europe destabilized, the world economy weakened and the world order turned upside down. But Russian President Vladimir Putin remains in power and despite the…

HOLDING AbaCore Capital Holdings Inc. (ABA) recently announced that its overall net income rose to 5 billion pesos in 2021, or 1.19 pesos per share, an astronomical…

Have a good day. Here are the stories for The Manila Times for Sunday, May 29, 2022.READ: Economic BBM's A-team reassures businessmenPRESIDENT-elect Ferdinand "Bongbong"…

AirAsia is expected to return to the capital of the Philippines - Manila, from Kota Kinabalu, Sabah on May 27 with two weekly flights. The two weekly flights are now available to book between Kota Kinabalu…

ACEN integrates BESS in an Australian solar project By MYRNA M. VELASCO ACEN Corporation, led by Ayala, and its partner company UPC Renewables would integrate a 50 megawatt/one-hour battery energy storage system (BESS) into its peak 720…

DESIRE FOR PEACE A military chaplain conducts a funeral service for Ukrainian servicemen Sergei Profotilov and Igor Malenkov, both killed in the village of Vilkhivka during the Russian invasion of…

STRESSFUL SITUATION This photo from the state-run Korean Central News Agency (KCNA) shows North Korean leader Kim Jong Un speaking during a meeting of the ruling party's politburo in Pyongyang on…

Have a good day.Here are the Manila Times Top Stories for May 19, 2022.READ: Villar and Zubiri to run for Senate presidentTHE presidency of the Senate will be a fight!-->…

Finance Secretary Carlos G. Dominguez III said the Philippines looked forward to future initiatives under the ASEAN Plus Three (China, Japan, Korea) cooperation to help accelerate the country's transition from coal to sources. sustainable…

US President Joe Biden says a first summit in Washington with leaders of the Association of Southeast Asian Nations (ASEAN) marks the launch of a "new era" in relations between states States and the 10-nation bloc. "Much of our…

TRINCOMALEE: The appointment of a new prime minister has failed to appease Sri Lankan protesters, who on Friday vowed to continue their campaign to topple President Gotabaya Rajapaksa, whom they blame for causing the worst economic…

JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei Group, recorded a net loss of 2.8 billion pesos for the first quarter of 2022 on a net profit of 526.52 million pesos in the same period. last year. In a statement to the…

BEFORE I start discussing cryptocurrencies and non-fungible tokens (NFTs), let me first give you a brief explanation of what they are. Simply put, cryptocurrencies are an…

https://www.youtube.com/watch?v=6aMSnyxOogIBATAC CITY, Ilocos North: Presidential front-runner Ferdinand "Bongbong" Marcos Jr. cast his ballot Monday for the 2022 national…

Weeks before the arrival of a new administration in June, the Philippine government reached a new agreement with Pakistan to formally establish defense cooperation between the two Asian countries, the Ministry of National Defense (DND)…

Recently, the world's central banks have been increasing their interest rates one after another. It is their answer to stopping runaway inflation, which will ultimately reduce consumers' purchasing power and stunt economic growth…

MANILA, Philippines – The economic recovery in the Philippines is underway as the government ordered more relaxed restrictions under Alert Level 1 in Metro Manila. Since most people were already vaccinated, daily cases of COVID-19 remain…

DPWH The Department of Public Works and Highways (DPWH) said on Monday that civil works had started on a major pumping station serving a flood-prone area in the city of Valenzuela. The project is expected to…

Have a good day. Here are the stories from the Manila Times this Labor Day, May 1, 2022.'Covid positives' can vote – ComelecAs for the Electoral Commission (Comelec), it…

"A lot is expected of the next leader." Ferdinand "Bongbong" Marcos Jr. (BBM, for short) if he wins the presidency on May 9, 2022, will be one lucky GM. BBM seems to me a safe bet for 2022. An average of 16 major surveys,…

Coming to power just two weeks after an arbitral tribunal ruled over the South China Sea, the enigmatic Philippine President Rodrigo Duterte was credited with easing tensions amid burning passions at the time. Since then, his…

A PROVIDER of technology-driven solutions in the healthcare industry recently announced its arrival in the Philippines with a virtual open house on April 13 to recruit 1,000…

On May 9, voters in the Philippines choose their next president, who will serve a six-year term. There are many candidates, but only two have a chance of winning: Ferdinand Marcos Jr., son of the former dictator of the Philippines, and…

Have a good day!Here are the top stories from the Manila Times for Wednesday, April 20, 2022.READ: Comelec withholds P90M Smartmatic chargesElectoral Commission or Comelec!-->…

PLUS micro, small and medium-sized enterprises (MSMEs) can take advantage of the upgraded version of an e-learning platform to develop their digital skills to keep their…

THE Ministry of Trade and Industry has completed its final draft Strategic Investment Priorities Plan (SIPP) of the Business Recovery and Business Tax Incentives (Create) Act…

Real estate company Federal Land Inc. is on track to meet its 2022 targets with new properties that are expected to help boost socio-economic activity in Marikina, Manila and the Manila Bay Area in Pasay City .!-->…

Keynote speaker Baguio City Mayor Benjamin Magalong speaks on the theme of this year's CEO Summit "4IR Ready: The Age of Digital Transformation". CONTRIBUTED PHOTO…

President Rodrigo Duterte (center) with six of the seven PDP-Laban senatorial bets (from left to…

(File photo)…

Executive Secretary Salvador Medialdea (File photo)…

…

MANILA, Philippines - The Philippines' manufacturing sector continued to recover, hitting a new three-year high in March as several parts of the country were placed under the most lenient pandemic alert classification. New York-based…