DIVIDENDS generated by government-owned or -controlled corporations (GOCCs) rose 46% in 2023, the Department of Finance (DoF) said. In a statement on Monday, the department said that its Privatization and…
Economy
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As we start a new year while still grappling with the challenges left behind by the pandemic, organizations are more cognizant of the increasing number of risks in the global…
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THE Asian Development Bank (ADB) is exploring an insurance cover scheme for coral reefs in the Philippines. “Across Asia and the Pacific, there are likely many places where an insurance…
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PHILIPPINE gross domestic product (GDP) growth this year may be dampened by risks to gross capital formation and household consumption, Mastercard Economics Institute (MEI) said. “MEI expects economic growth to…
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By Adrian H. Halili, Reporter THE Department of Agriculture (DA) needs to extend its planning for El Niño to address broader climate resiliency issues, analysts said. “Since the DA is…
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THE INCREASE in storage fees for foreign container cargo needs to be deferred to mid-2024 to mute its inflationary impact, the British Chamber of Commerce of the Philippines (BCCP) said.…
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By John Victor D. Ordoñez, Reporter THE Department of Energy (DoE) should designate energy security as its main focus when it submits the Philippine Energy Plan (PEP) to Congress, according…
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THE Department of Trade and Industry (DTI) said the price increase of goods that it tracks is expected to rise 6% this year, easing from the 10% growth posted in…
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THE GOVERNMENT is on schedule with the timetable of the Ninoy Aquino International Airport (NAIA) upgrade project, the Transportation Secretary said, adding that he expects the winning bidder to take…
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By Abigail Marie P. Yraola, Researcher GROWTH in wholesale prices of general goods eased in November, its weakest pace in five months, the Philippine Statistics Authority (PSA) reported on Friday.…