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Louella Desiderio
Louella Desiderio
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15 PPP projects up for approval this year
by Louella Desiderio - February 21, 2024 - 12:00am
Around 15 public-private partnership projects are expected to be submitted to the National Economic and Development Authority Board for approval this year, according to the PPP Center.
Wage hike to hurt MSMEs – NEDA
by Louella Desiderio - February 21, 2024 - 12:00am
The National Economic and Development Authority is opposing the proposed P100 legislated wage hike, saying this would hurt the country’s micro, small and medium enterprises or MSMEs.
Higher consumption seen to drive GDP growth faster
by Louella Desiderio - February 19, 2024 - 12:00am
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and...
‘Legislated wage hike spells job losses’
by Louella Desiderio - February 19, 2024 - 12:00am
A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned.
Government to address price hikes – NEDA
by Louella Desiderio - February 19, 2024 - 12:00am
The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according...
NEDA welcomes award of NAIA PPP
by Louella Desiderio - February 18, 2024 - 12:00am
The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure...
Ayala Land allots P13 billion to redevelop 4 major malls
by Louella Desiderio - February 17, 2024 - 12:00am
Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028.
Foreign investment pledges more than double
by Louella Desiderio - February 16, 2024 - 12:00am
Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong...
USAID to launch $30 million initiative to boost higher education in Philippines
by Louella Desiderio - February 15, 2024 - 12:00am
The US Agency for International Development is set to launch this year a $30-million initiative to help strengthen the country’s higher education system, according to the National Economic and Development...
Grievance system in 4Ps needs improvement – PIDS
by Louella Desiderio - February 15, 2024 - 12:00am
The government needs to enhance the capability of staff in handling complaints and concerns of beneficiaries of the Pantawid Pamilyang Pilipino Program, as well as improve data management for better implementation...
JICA leads project to reprocess food waste
by Louella Desiderio - February 14, 2024 - 12:00am
The local government of Mandaue, Cebu is working with the Japan International Cooperation Agency and two Japanese firms for a feasibility study to convert food waste to energy, soil conditioner or animal feeds to...
Think tank: No change in BSP rates
by Louella Desiderio - February 13, 2024 - 12:00am
The Bangko Sentral ng Pilipinas is likely to keep key rates steady at its policy meeting on Thursday, according to UK-based think tank Pantheon Macroeconomics.
Philippines among most friendly markets for consumer brands in AsPac
by Louella Desiderio - February 12, 2024 - 12:00am
The Philippines is among the most friendly markets in Asia Pacific (AsPac) for incumbent consumer brands, according to global consultancy Bain and Co.
ARTA, ECCP ink deal to improve ease of doing business
by Louella Desiderio - February 11, 2024 - 12:00am
The Anti-Red Tape Authority has partnered with the European Chamber of Commerce of the Philippines to work together in creating a more business-friendly environment.
PIDS: Pinoy workers lack ‘soft skills’ for digital age
by Louella Desiderio - February 11, 2024 - 12:00am
Filipino workforce lack soft skills like adaptability, problem-solving and collaboration needed to adapt to emerging technologies, which could have consequences on the country’s competitiveness...
World Bank urges Philippines to address funding, infrastructure challenges
by Louella Desiderio - February 10, 2024 - 12:00am
The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said.
Domestic trade expected to improve this year
by Louella Desiderio - February 10, 2024 - 12:00am
Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists.
ADB OKs $400,000 assistance to Philippines for offshore wind projects
by Louella Desiderio - February 9, 2024 - 12:00am
The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country.
NEDA: Further reforms needed in telco industry
by Louella Desiderio - February 9, 2024 - 12:00am
The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition...
ARTA targets 120 LGUs for full permit automation
by Louella Desiderio - February 9, 2024 - 12:00am
The Anti-Red Tape Authority is helping 120 local government units to fully automate their business permits processing this year.
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