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Louella Desiderio
Louella Desiderio
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NEDA OKs contract changes in UP-PGH Cancer Center PPP
by Louella Desiderio - April 27, 2024 - 12:00am
The National Economic and Development Authority (NEDA) Board has approved the revised terms and cost of the Cancer Center public private partnership (PPP) project and two other initiatives intended to help accelerate...
NCR economy grows at slower pace in 2023
by Louella Desiderio - April 27, 2024 - 12:00am
Metro Manila’s economy grew at a slower pace of 4.9 percent in 2023 from 7.2 percent in 2022, according to the Philippine Statistics Authority.
Economy likely grew by 6.2 percent in Q1
by Louella Desiderio - April 27, 2024 - 12:00am
The Philippine economy is expected to have posted a 6.2-percent growth in the first quarter supported by gains in the labor market and manufacturing, as well as government spending, according to First Metro Investment...
Philippines remains out of US IPR watch list
by Louella Desiderio - April 27, 2024 - 12:00am
The Philippines was kept out of the US government’s list of countries with issues on intellectual property rights (IPR) enforcement for the 11th straight year.
BCDA remits P1.1 billion to government
by Louella Desiderio - April 26, 2024 - 12:00am
The Bases Conversion and Development Authority has remitted P1.1 billion in dividends to the national government to support efforts to drive economic growth.
Philippines digital economy expands by 7.7 percent in 2023
by Louella Desiderio - April 26, 2024 - 12:00am
The value of the Philippine digital sector went up by 7.7 percent to P2.05 trillion in 2023 from P1.9 trillion in 2022, according to the Philippine Statistics Authority.
‘AO 20 necessary for food security’
by Louella Desiderio - April 26, 2024 - 12:00am
The newly issued administrative order seeking to remove non-tariff barriers on agricultural imports is a necessary measure for food security, the National Economic and Development Authority said yesterday amid concerns...
DTI: P31 million vape products seized
by Louella Desiderio - April 26, 2024 - 12:00am
The government has confiscated over P31 million worth of non-compliant vape products since last year, the Department of Trade and Industry reported yesterday.
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain
by Louella Desiderio - April 25, 2024 - 12:00am
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain The Philippine Competition Commission (PCC) is conducting a deeper review of the proposed acquisition by Ayala Corp.’s unit of a substantial...
Philippines pushes inclusion in US-Japan minerals deal
by Louella Desiderio - April 25, 2024 - 12:00am
The Department of Trade and Industry is urging the US and Japan to include the Philippines in the existing critical minerals agreement of both countries.
ADB, Buskowitz Solar ink $12 million loan for rooftop panels
by Louella Desiderio - April 25, 2024 - 12:00am
The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the...
‘Unjust’ remarks vs Chinese students hit
by Louella Desiderio - April 25, 2024 - 12:00am
“Unjust” and negative statements made by politicians regarding the presence of Chinese students in Cagayan contradict the Philippines’ efforts to attract Chinese tourists and investors, according...
Mitsubishi Philippines names new president
by Louella Desiderio - April 24, 2024 - 5:30pm
Mitsubishi Motors Philippines Corp. is aiming to grow its sales by 15 percent this fiscal year as it officially welcomed its new president.
DTI eyes Al-powered app for price monitoring
by Louella Desiderio - April 23, 2024 - 12:00am
The Department of Trade and Industry is looking to launch an app powered by artificial intelligence to serve as a guide for consumers on prices of basic goods.
Ecozone investments slip by 9% in 4 months
by Louella Desiderio - April 23, 2024 - 12:00am
Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same...
Approved construction permits down by 5.5 percent in February
by Louella Desiderio - April 22, 2024 - 12:00am
Approved building permits declined 5.5 percent in February from a year ago as fewer residential projects were started amid high borrowing costs.
30 proposals received since PPP Code took effect
by Louella Desiderio - April 22, 2024 - 12:00am
The government has received up to 30 unsolicited proposals since the Public-Private Partnership (PPP) Code took effect.
Over P600 billion projects approved in 4 months – BOI
by Louella Desiderio - April 22, 2024 - 12:00am
Investments approved by the Board of Investments (BOI) have reached more than P600  billion in the first four months of the year.
DTI urges firms to take part in Indo-Pacific Business Forum
by Louella Desiderio - April 22, 2024 - 12:00am
The Department of Trade and Industry (DTI) is encouraging local companies to take part in the upcoming Indo-Pacific Business Forum (IPBF) being hosted by the Philippine government with the US.
PSAC outlines program to develop digital infrastructure
by Louella Desiderio - April 22, 2024 - 12:00am
The Private Sector Advisory Council (PSAC) has proposed initiatives to President Marcos aimed at developing the country’s digital infrastructure and generating one million digital jobs.
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