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Louise Maureen Simeon
Louise Maureen Simeon
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Bike imports double to 2.1 million amid pandemic
by Louise Maureen Simeon - March 9, 2021 - 12:00am
The country’s importation of bicycles surged last year as the pandemic restricted public transportation with the government keen on building more protected bike lanes in the country.
More housing projects to boost economy
by Louise Maureen Simeon - March 9, 2021 - 12:00am
The Department of Human Settlements and Urban Development is keen on boosting housing projects in the country to help revive the local economy.
PSA: Unemployment hit 15-year high in 2020
by Louise Maureen Simeon - March 9, 2021 - 12:00am
About 4.5 million Filipinos were unemployed last year, reaching a record 15-year high and reflecting the impact of the pandemic on livelihoods and businesses in the country, the Philippine Statistics Authority reported...
World Bank raises $100 million bonds for COVID-19 support
by Louise Maureen Simeon - March 8, 2021 - 12:00am
The World Bank has raised $100 million from the issuance of five-year bonds to expand its support amid the pandemic.
Inflation to remain elevated
by Louise Maureen Simeon - March 8, 2021 - 12:00am
Inflation will continue to pick up in the next few months, hitting above government targets, but will eventually taper off by the second half of the year.
‘COVID-19 deaths only 1.5% of Philippines mortality in 2020’
by Louise Maureen Simeon - March 7, 2021 - 12:00am
Deaths due to COVID-19 represented a small percentage of the total mortality in the Philippines last year, the Philippine Statistics Authority reported.
Inflation hits 2-year high as meat, oil prices spike
by Louise Maureen Simeon - March 6, 2021 - 12:00am
Inflation quickened for the fifth straight month in February to a new two-year high of 4.7 percent as prices of meat and oil products continue to rise, the Philippine Statistics Authority reported yesterday.
NEDA submits pork tariff cut proposal to Duterte
by Louise Maureen Simeon - March 6, 2021 - 12:00am
The National Economic and Development Authority (NEDA) has submitted to President Duterte the proposal to cut tariff rates on pork imports to as low as five percent to address supply shortage caused by African swine...
‘Vaccine rollout to reduce risks of prolonged pandemic’
by Louise Maureen Simeon - March 5, 2021 - 12:00am
An effective mass vaccination program is expected to lessen the economic risks for countries experiencing prolonged effects of the pandemic, the Asian Development Bank said.
Duterte gets his national ID
by Louise Maureen Simeon - March 5, 2021 - 12:00am
After having his biometrics and personal data captured last January for the national ID system, President Duterte finally received his own national identification card Wednesday night.
Smart ports key to shipping industry rebound
by Louise Maureen Simeon - March 4, 2021 - 12:00am
Equipping ports with smart technologies will help island economies like the Philippines to recover from the trade disruptions caused by the pandemic.
No funds for P36.1 billion Taal rehab plan – NEDA
by Louise Maureen Simeon - March 4, 2021 - 12:00am
More than a year after Taal Volcano erupted, there is still no funding for 86 percent or P36.1 billion of the P42 billion rehabilitation program in affected areas.
Factory gate prices fall 5.3% in January
by Louise Maureen Simeon - March 3, 2021 - 12:00am
Factory gate prices contracted sharply in January as COVID-19 restrictions affected demand nearly across the board, according to the Philippine Statistics Authority.
PPP projects face uncertain future amid pandemic
by Louise Maureen Simeon - March 3, 2021 - 12:00am
Economies involved in public-private partnership should be mindful of the long-term impact to infrastructure projects as the pandemic has made it quite uncertain for PPP moving forward to the new normal.
Death penalty, 24 more bills eyed for passage within 2021
by Louise Maureen Simeon - March 3, 2021 - 12:00am
The Duterte administration is targeting to pass 25 legislative measures within the year, most of which are expected to help the national economy rebound from the effects of the pandemic.
Domestic trade drops in Q4
by Louise Maureen Simeon - March 2, 2021 - 12:00am
Trading of commodities in the country declined in the last quarter of 2020 as the effects of the pandemic continue to linger on weak demand and movement restrictions.
20 million register for national ID system
by Louise Maureen Simeon - March 2, 2021 - 12:00am
More than 20 million Filipinos have pre-registered for the Philippine Identification System and the government is eyeing to reach 70 million citizens.
Inflation seen settling at 3.8% in February
by Louise Maureen Simeon - March 1, 2021 - 12:00am
Prices of basic goods and services likely eased in February, but the slowdown may not last long as inflation is expected to sharply rise in the coming months, according to London-based think tank Capital Econom...
‘Delay in vaccine rollout to slow down Philippines growth’
by Louise Maureen Simeon - February 27, 2021 - 12:00am
New York-based GlobalSource Partners expects the Philippine economy to grow by 5.5 percent this year, well below the government’s forecast as the country lags behind mass vaccination.
‘Asia Pacific manufacturing up for expansion this year’
by Louise Maureen Simeon - February 26, 2021 - 12:00am
The manufacturing sector in the Asia Pacific region is expected to show robust expansion in 2021 as most economies have eased lockdown restrictions and COVID-19 cases have stabilized.
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