Louisse Maureen Simeon
Louisse Maureen Simeon
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Microinsurance premiums grow by 22% to P3.2 billion in Q1
by Louisse Maureen Simeon - August 10, 2023 - 12:00am
Filipinos are now more aware of the need for social protection as seen in the increase in insurance contributions from low-income people, reaching P3.2 billion in the first quarter.
DBP firm against merger with Landbank
by Louisse Maureen Simeon - April 21, 2023 - 12:00am
The Development Bank of the Philippines remains firm against its proposed merger with the Land Bank of the Philippines, this time questioning the authority of the Governance Commission on GOCCs to proceed with the...
PDIC sets auction of closed banks’ lots
by Louisse Maureen Simeon - March 5, 2023 - 12:00am
The Philippine Deposit Insurance Corp. will put up for sale P95.6 million worth of 86 residential and agricultural lots owned by padlocked banks.
Government debt payments slashed by half in October
by Louisse Maureen Simeon - December 12, 2022 - 12:00am
The government brought down its debt payments in October amid a decline in principal amortization, with still about 30 percent of the debt service needed to be paid for the rest of the year.
Marcos admin raises $2 billion from offshore borrowing
by Louisse Maureen Simeon - October 7, 2022 - 12:00am
The Marcos government was stung with high global interest rates after it raised $2 billion from the international debt market, marking the administration’s first foray into offshore commercial borrowing.
SSS nixes more job cuts
by Louisse Maureen Simeon - September 21, 2022 - 12:00am
State-run pension fund Social Security System (SSS) said there would be no more job losses even as the government moves forward with its plan to rightsize the bureaucracy.
Stable tobacco tax seen to eliminate illicit trade
by Louisse Maureen Simeon - August 11, 2022 - 12:00am
A stable and predictable taxation on the tobacco industry is expected to provide consistent revenue collections for the government and stamp out the illicit trade of cigarettes, an international think tank said...
Pinoys can open bank account with just P1
by Louisse Maureen Simeon - July 25, 2022 - 12:00am
Underserved Filipinos can now have their own bank account after state-run Land Bank of the Philippines allowed P1 as initial deposit in its latest product offering.
Economic recovery momentum at risk from elevated inflation
by Louisse Maureen Simeon - June 27, 2022 - 12:00am
The Philippine economy is expected to continue its recovery this year, with growth expected at seven percent, but external headwinds from elevated inflation could put a halt on this momentum.
‘Strict COVID-19 lockdowns unlikely to be reimposed’  
by Louisse Maureen Simeon - June 26, 2022 - 12:00am
The Philippines is not seen resorting to any “economically damaging” lockdowns again even as the country records a slight uptick in COVID cases in the past days.
Philippines inflation still peak – think tank
by Louisse Maureen Simeon - June 6, 2022 - 12:00am
Hitting the peak of elevated inflation in the country is still far, especially as commodity prices are still soaring as global tensions remain.
Business sentiment turns negative – think tank
by Louisse Maureen Simeon - May 2, 2022 - 12:00am
Global business optimism following the recovery from the pandemic did not last, with sentiment returning to negative as the Russia-Ukraine war drags on and risks persist due to rising commodity prices.
Agaton agricultural damage balloons to P1.4 billion
by Louisse Maureen Simeon - April 20, 2022 - 12:00am
Damage to the agriculture sector in areas battered by Tropical Storm Agaton has increased to P1.4 billion.
Build Build Build carryover faces constraints – think tank
by Louisse Maureen Simeon - April 2, 2022 - 12:00am
The new government may have a difficult time sustaining the flagship infrastructure program of the Duterte administration as exiting the pandemic will likely be the top priority of the next president.
Permanent tariff cuts, higher quota on pork imports eyed
by Louisse Maureen Simeon - January 27, 2022 - 12:00am
President Duterte’s economic team is now looking at the possibility of making the tariff reduction and higher volume of pork imports a permanent policy to further address inflation concerns in the country...
Card payments seen hitting P2.1 trillion this year
by Louisse Maureen Simeon - July 12, 2021 - 12:00am
Card payments in the country are expected to rebound this year on the back of a gradual boost in consumer spending as the economy slowly reopens.
Trade deficit widens more than expected
by Louisse Maureen Simeon - July 10, 2021 - 12:00am
The Philippines’ balance of trade in goods recorded a wider deficit in May as the growth in imports was faster than the uptick in exports during the review period, the Philippine Statistics Authority said...
Asia-Pacific needs to take bold action on energy sector
by Louisse Maureen Simeon - June 18, 2021 - 12:00am
Manila-based Asian Development Bank is urging economies in Asia Pacific to address climate change through changes in the energy sector, especially as the region recovers from the pandemic.
Unique policy package pushed for digital taxation
by Louisse Maureen Simeon - June 12, 2021 - 12:00am
The government should come up with a policy package that is unique to the country if it wants to successfully capture the digital economy into the tax system.
NEDA sticks to 6.5% GDP growth target
by Louisse Maureen Simeon - March 26, 2021 - 12:00am
The government is maintaining its economic growth target at 6.5 percent for 2021 despite renewed mobility restrictions amid surging COVID-19 cases.
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