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AUTHORS
Louella Desiderio
Louella Desiderio
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Asia Pacific seen to lead global economic growth
by Louella Desiderio - May 28, 2023 - 12:00am
S&P Global Market Intelligence expects Asia Pacific to lead global economic growth this year, driven by developments in China and India and healthy expansion in countries including the Philippines.
NEDA, Koica ink $2.5 million deal for water resources project
by Louella Desiderio - May 28, 2023 - 12:00am
The National Economic and Development Authority and the Korea International Cooperation Agency have signed a record of discussions for the implementation of a $2.5 million water resources management project in the...
PPP Center, BIR hold talks on PPP projects
by Louella Desiderio - May 27, 2023 - 12:00am
The Bureau of Internal Revenue recently held exploratory talks with the Public-Private Partnership Center about the implementation of PPP projects.
World Bank vows support for Philippines' development  
by Louella Desiderio - May 25, 2023 - 12:00am
The Philippine economy is recovering from the COVID-19 pandemic, the World Bank said, as it expressed support for the Marcos administration’s efforts to promote sustainable growth.
Sustainable infrastructure needed to fight climate change
by Louella Desiderio - May 24, 2023 - 12:00am
Cities need to adopt green urban planning strategies, including investing in sustainable infrastructure to boost resilience to the impact of climate change, according to the World Bank.
Philippines inflation to remain high vs East Asia peers
by Louella Desiderio - May 22, 2023 - 12:00am
Inflation is expected to remain elevated in East Asian economies like the Philippines, Singapore, and Indonesia, even with average inflation in the region likely to continue easing, according to the United Nati...
Government urged to address issues hounding higher education
by Louella Desiderio - May 21, 2023 - 12:00am
The government is urged to impose quality standards on programs and put in place better financing schemes to address issues in quality and access to higher education, state think tank Philippine Institute for Development...
ADB investing $25 million in private equity fund
by Louella Desiderio - May 21, 2023 - 12:00am
The Asian Development Bank is investing $25 million in private equity fund Exacta Asia Investment III LP to grow middle-market companies in Southeast Asia through access to capital.
‘Economy loses P556 million from power outage’
by Louella Desiderio - May 21, 2023 - 12:00am
The Philippines is estimated to incur P556 million in economic losses from a five-hour power outage but could lose more if issues in the energy sector are left unaddressed.
But spending for luxury goods seen to continue
by Louella Desiderio - May 20, 2023 - 12:00am
Consumers in the Philippines are likely to maintain spending for luxury goods despite inflation, according to a study of consumer research and data analytics firm Milieu Insight.
NEDA to start monitoring system for flagship projects
by Louella Desiderio - May 19, 2023 - 12:00am
The National Economic and Development Authority is coming up with a monitoring system for the government’s priority infrastructure projects to address implementation bottlenecks.
Moderna eyes to open Philippine facility in September
by Louella Desiderio - May 18, 2023 - 12:00am
US-based pharmaceutical and biotechnology company Moderna plans to open its shared service facility and commercial office in the country by September this year.
GoTyme to offer more digital financial services
by Louella Desiderio - May 18, 2023 - 12:00am
GoTyme Bank, the joint venture between the Gokongwei Group and Singapore-based digital bank Tyme, is launching additional digital financial services to address the needs of customers.
Approved investment pledges jump to P172.7 billion
by Louella Desiderio - May 17, 2023 - 12:00am
Foreign investment pledges approved by investment promotion agencies surged by a dramatic 1,823 percent in the first quarter from a year ago, driven by a large investment commitment in renewable energy.
PPP Center pushes enhanced cooperation with Japan
by Louella Desiderio - May 14, 2023 - 12:00am
The Public-Private Partnership Center has partnered with the Organization for PPP Promotion Support to enhance cooperation between the Philippines and Japan in encouraging infrastructure investments.
NEDA seeks proposals for innovation grants
by Louella Desiderio - May 14, 2023 - 12:00am
The National Economic and Development Authority is seeking proposals from government agencies for innovation grants this year.
Developing countries urged to use biomethane
by Louella Desiderio - May 12, 2023 - 12:00am
Developing countries in Asia are urged to accelerate the use of biomethane for a just and equitable energy transition, according to experts at the Asian Development Bank.
Philippine economy grows at slower pace in Q1  
by Louella Desiderio - May 12, 2023 - 12:00am
The Philippine economy in the first quarter expanded at its slowest pace in two years as high prices dampened consumption.
Factory output expands at slower pace in March
by Louella Desiderio - May 10, 2023 - 12:00am
The country’s manufacturing output posted slower growth in March due mainly to the weaker performance of the beverage, chemicals, and basic metal sectors, the Philippine Statistics Authority said.
Trade deficit widens to $4.93 billion in March
by Louella Desiderio - May 10, 2023 - 12:00am
The Philippines’ trade deficit widened in March as merchandise imports continued to outpace the export of goods, according to the Philippine Statistics Authority.
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