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Louella Desiderio
Louella Desiderio
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BOI-approved investments up 21 percent in H1
by Louella Desiderio - July 13, 2026 - 12:00am
Investment commitments approved by the Board of Investments (BOI) rose by more than a fifth in the first half from a year ago, reflecting investor confidence in the country’s economic fundamentals and growth...
US DFC eyes investments in Philippine transport, energy, mining
by Louella Desiderio - July 12, 2026 - 12:00am
The US International Development Finance Corp. (DFC) is looking at potential investments in the Philippines in the areas of transport infrastructure, energy and mining under its $205 billion investment program....
Philippines ranks 3rd in intangible investment growth – WIPO
by Louella Desiderio - July 12, 2026 - 12:00am
The Philippines ranked as the world’s third fastest-growing economy for intangible investments, according to a report from the World Intellectual Property Organization (WIPO).
Pax Silica gains pace as United States, Philippines push AI hub
by Louella Desiderio - July 11, 2026 - 12:00am
The United States and the Philippines are eager to move fast on building an artificial intelligence (AI) industrial hub in New Clark City under the Pax Silica initiative, that will help position the latter as a significant...
Power spot market prices jump in June
by Louella Desiderio - July 10, 2026 - 12:00am
Electricity prices in the spot market went up in June amid tight supply, according to the Independent Electricity Market Operator of the Philippines.
IMF, ADB lower Philippines growth outlook
by Louella Desiderio - July 9, 2026 - 12:00am
Multilateral lenders International Monetary Fund and the Asian Development Bank  slashed their growth forecasts for the Philippines for the next two years, citing the weaker-than-expected first-quarter performance...
Jobless rate up to 4.8% in May
by Louella Desiderio - July 9, 2026 - 12:00am
Unemployment went up in May from the previous month while underemployment declined, according to the Philippine Statistics Authority.
Factory output growth eases in May
by Louella Desiderio - July 8, 2026 - 12:00am
Growth in Philippine factory output eased in May from the previous month, driven mainly by the lower production of transport equipment and chemicals.
Inflation cools to 6.4% in June
by Louella Desiderio - July 8, 2026 - 12:00am
Inflation eased for the second straight month in June, driven by slower increases in transport and food costs, but the Bangko Sentral ng Pilipinas remains on guard.
GDP needs to grow 3.7% in next 3 quarters to hit target this year – DEPDev
by Louella Desiderio - July 7, 2026 - 12:00am
The Philippines will need to post at least 3.7 percent growth in the next three quarters to achieve the revised growth target for the year, according to the Department of Economy, Planning and Development.
Philippines sees gains in most SDGs, but slips in health, disaster risks
by Louella Desiderio - July 7, 2026 - 12:00am
The Philippines has made progress in more than half of the Sustainable Development Goals, but has deteriorated in terms of health and disaster risks, according to the Philippine Statistics Authority.
Upper-middle income status to fuel foreign investment surge – DTI
by Louella Desiderio - July 7, 2026 - 12:00am
The country’s recent transition to upper-middle income status is expected to drive more foreign investments to the country, according to the Department of Trade and Industry.
‘Philippines economy likely grew 2.6% in Q2’
by Louella Desiderio - July 5, 2026 - 12:00am
The Philippine economy likely grew at a slower pace in the second quarter due to the impact of high inflation and recent headwinds, including the Middle East conflict, on economic activity, according to the University...
Philippines income upgrade raises investor bar
by Louella Desiderio - July 4, 2026 - 12:00am
The Philippines’ move to the upper-middle income grouping has raised investor standards for the country, making it necessary to undertake more reforms to improve ease of doing business and enhance competi...
Boracay scuba group, dive shops fined for price fixing
by Louella Desiderio - July 4, 2026 - 12:00am
The Philippine Competition Commission (PCC) has imposed a P2.17-million fine on Boracay Business Administration of Scuba Shops and the BBASS’ 39 member-shops for engaging in price fixing.
‘Philippines middle class carrying burden of squeeze economy’
by Louella Desiderio - July 3, 2026 - 12:00am
The country’s middle class is bearing the brunt of rising costs and higher interest rates without assistance from the government, according to state think tank Philippine Institute for Development Studies...
DTI, cement makers roll out decarbonization roadmap
by Louella Desiderio - July 2, 2026 - 12:00am
Cement manufacturers are aiming to reduce carbon emissions, while producing high quality cement to support the country’s infrastructure development under a roadmap launched in partnership with the governm...
In June: Philippines factory activity sustains expansion
by Louella Desiderio - July 2, 2026 - 12:00am
The Philippine manufacturing sector remained in expansion mode in June, supported by improved demand and output, but firms’ confidence levels dropped to a five-month low.
Government support for MSMEs pushed amid wage hike
by Louella Desiderio - July 2, 2026 - 12:00am
Business groups are urging the government to provide support and pursue policies that promote growth of businesses, particularly micro, small and medium enterprises, amid the approval of the P85 daily minimum wage...
Factory gate prices climb faster in May
by Louella Desiderio - July 1, 2026 - 12:00am
Producer prices in May rose at their highest pace in over three years, driven mainly by the increase in prices of electronic products, according to the Philippine Statistics Authority.
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