Economy

PBBM: About 80 infra projects can be funded through ‘Maharlika’

A few days after coming up with the final implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF), President Ferdinand R. Marcos Jr. disclosed on Wednesday (in San Francisco, US) that there are about 80 potential infrastructure projects financeable through the investment fund.

PBBM appoints Rafael D. Consing Jr. as President and CEO of Maharlika Investment Corp.

President Ferdinand R. Marcos Jr. has appointed Rafael D. Consing Jr. as President and Chief Executive Officer (CEO) of the Maharlika Investment Corporation (MIC).

PH’s sustained economic growth expected in Q4 as gov’t, consumers ramp up spending, says economist

An economist has painted a rosy picture of the Philippine economic growth as the year draws to a close, fueled by the expected increase in consumer and government spending that will boost growth.

Unemployment rate declines in September

The country's unemployment rate dropped to 4.5% in September this year from 5% in the same month last year, the Philippine Statistics Authority (PSA) reported on Wednesday.

NEDA: Gov’t on right track to provide affordable rice

The administration of President Ferdinand R. Marcos Jr. is on the right track in providing affordable rice in the market, according to National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon.

PH inflation eases to 4.9% in October

Headline inflation eased to 4.9% in October this year from 6.1% in September, the Philippine Statistics Authority reported Tuesday. Last month's headline inflation rate was also lower than the 7.7% recorded in October last year.

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