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July 7, 2024
Us treasury secretary janet yellen called the downgrade � arbitrary� and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street an...
August 2, 2023
From 2.9% gdp growth and last year we expected 1.7 for this year. 1.2 for next year. some of the issues the economy is facing has to do with volatile external demand so of course brazil is a major commodity exporter and amongst the top five agricultural producers across 35 different economies. —— commodities. for the country, job generation particularly formaljob generation and stimulating consumption, these are keys. an area where the country is struggling with his food inflation. the perfo...
January 31, 2023
NEW ENVOYS. President Ferdinand R. Marcos Jr. receives the credential of newly-appointed Oman Ambassador to the Philippines Nasser Said Abdullah Al Manwari at Malacanan Palace in Manila on Tuesday (Jan. 31, 2023). Marcos also received the credential of Canada Ambassador to the Philippines David Bruce Hartman. (Screenshot from Radio Television Malacanang) MANILA - President Ferdinand R. Marcos Jr. on Tuesday received the credentials of newly-appointed ambassadors from Oman and Canada. State-run R...
September 8, 2022
The fast economic expansion we need will be sustainable only if its job generation eliminates poverty and reduces inequality
August 29, 2022
BACOLOD CITY - Acting Administrator David John Thaddeus Alba has lauded the 41-percent increase in the annual budget of the Sugar Regulatory Administration (SRA) for the year 2023. "We welcome the budget increase for SRA for next year's utilization as the industry is in dire need of programs to be implemented so we can increase productivity," Alba said in a statement on Monday. From a budget of PHP712.2 million this year, SRA will receive PHP1 billion next year. He said with higher...
August 25, 2022
SUGAR CONVENTION. Negros Occidental Governor Eugenio Jose Lacson (right), Fifth District Rep. Emilio Bernardino Yulo (center) and acting Administrator David John Thaddeus Alba of the Sugar Regulatory Administration at the opening event of the Philippine Sugar Technologists Association's 68th Annual National Convention at the SMX Convention Center in Bacolod City on Wednesday (Aug. 24, 2022). Speaking at the convention on Thursday, Alba said the SRA would go full blast in utilizing the Sugar ...
July 1, 2022
After 9 years of being the father of Valenzuela City, Mayor REX Gatchalian passed the torch of the Mayoral position to Mayor-elect WES Gatchalian.
May 31, 2022
Liloan, Cebu Mayor ChristinaGarcia Frasco(Photo courtesy of the Municipality of Liloan) MANILA - Liloan Mayor Christina Garcia-Frasco has accepted her appointment as the next chief of the Department of Tourism (DOT) under the Marcos administration. In a statement Tuesday, Frasco vowed to support the incoming administration's "vision to revitalize tourism so it may significantly propel the Philippines' post-pandemic economic growth." "It is with profound gratitude and deep ...
April 14, 2022
India would need a structural transformation to achieve fast GDP expansion accompanied by equally robust job generation
January 1, 2022
The transition to a low-carbon economy could occur faster than investors may think.