Economy

NEDA okays public safety, bridge projects

MANILA -- The National Economic and Development Authority’s (NEDA) Investment Coordination Committee-Cabinet Committee (ICC-CabCom) has approved two projects worth PHP31.68 million, including those that aim to ensure public order and safety. The...

Renewed confidence after end of Marawi conflict to further accelerate growth

The National Economic and Development Authority (NEDA) sees further pickup in business and consumer confidence in Mindanao now that the Marawi conflict has ended and rehabilitation on the way. Socioeconomic Planning Secretary...

Aquino calls on rural banks to expand support to small businesses

Senator Bam Aquino urged rural banks to expand their services to more small businesses, saying many local entrepreneurs still need access to reasonable loan packages that can help them grow their...

PEZA urges immediate proclamation of ecozones

MANILA -- The Philippine Economic Zone Authority (PEZA) is asking the Office of the President (OP) to accelerate approval and proclamation of new economic zones. This is after only six out of...

Overses Filipino Bank offers cheaper rates: DOLE

MANILA— The Department of Labor and Employment (DOLE) is encouraging overseas Filipino workers (OFWs) to invest in the Overseas Filipino Bank (OFB) and take advantage of its services and offers as...

Peso falls to 11-yr low vs. USD; PSEi bounces back

MANILA - - The peso fell to its 11-year low against the US dollar on Thursday while the Philippine Stock Exchange index (PSEi) bounced back after ending its three-day rally to...

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