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MORE investments that can create quality jobs are crucial for the Philippines if it wants to continue increasing its potential growth rate, according to the World Bank. In a recent briefing with reporters, Gonzalo Varela, World Bank Lead Economist and Program Leader of the Equitable Growth, Finance and Institutions Practice…
WITH the unanimous approval of the Senate bill to increase minimum daily wages in the private sector by P100, the National Economic and Development Authority (Neda) expressed concern that micro, small, and medium enterprises (MSMEs) would be unable to cope with the new policy. Neda Undersecretary for Planning and Policy…
THE decline in wholesale retail trade jobs during the holidays is a concern and indicates that more Filipinos do not have sufficient purchasing power, according to Ibon Foundation Inc. Data from the Philippine Statistics Authority (PSA) showed the wholesale and retail trade sector shed the most jobs in December 2023.…
CHARTER change will not solve the country’s problems in terms of attracting the investments it needs to boost economic growth, according to a local economist and Ibon Foundation Inc. In a recent interview with BusinessMirror, Ateneo de Manila University Economics Department Chairperson Alvin P. Ang said Charter change is no…