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Czeriza Valencia
Czeriza Valencia
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PSA to improve Serbilis outlets in Pasig City, open 15 others
by Czeriza Valencia - February 22, 2020 - 12:00am
The Philippine Statistics Authority is in talks with the Pasig City government for improvements to be made in the agency’s Serbilis outlets in the city.
Foreign investment pledges hit record P390 billion
by Czeriza Valencia - February 21, 2020 - 12:00am
Foreign investment pledges approved by the country’s main investment promotion agencies surged to an all-time high of P390.11 billion in 2019, more than double from P179 billion in 2018, data from the Philippine...
Industries see need to maintain large supply chains as virus spreads globally
by Czeriza Valencia - February 19, 2020 - 12:00am
As the spread of the novel coronavirus exposes vulnerability in global supply chains, industries may evaluate the need to maintain large and complex ones, turning instead to technology to re-shore some operations,...
Villar allays concerns on China funding for infrastructure projects
by Czeriza Valencia - February 17, 2020 - 12:00am
Public Works and Highways Secretary Mark Villar assured the public that the outbreak of the novel coronavirus will have a minimal impact on China-funded infrastructure projects in the country.
ABS-CBN shutdown a blow to economic diversity, investor confidence
by Czeriza Valencia - February 17, 2020 - 12:00am
The non-renewal of the franchise of local media giant ABS-CBN may get in the way of pursuing diversity in the economy and affect investor confidence in the country, said Socioeconomic Planning Secretary Ernesto...
COVID-19 to hit Asian industries harder than 2003’s SARS — Capital Economics
by Czeriza Valencia - February 15, 2020 - 12:00am
The spread of the coronavirus disease 2019 will hit Asian industries harder than the 2003 onslaught of the severe acute respiratory syndrome as the extent of factory closures in China stand to disrupt supply chains...
NEDA confident of 6% growth in Q1
by Czeriza Valencia - February 13, 2020 - 12:00am
Economic growth in the first quarter can be expected to remain at around six percent as the economy remains resilient to headwinds and public sentiment on the novel coronavirus COVID-19 outbreak begins to improve,...
Bill turning NEDA into Cabinet-level agency passes House committee
by Czeriza Valencia - February 12, 2020 - 12:00am
The House committee on economic affairs yesterday approved the bill that will turn the National Economic and Development Authority into a Cabinet-level department with greater powers over socioeconomic planning activities...
Trade deficit narrows by 41% in December
by Czeriza Valencia - February 12, 2020 - 12:00am
The country’s trade deficit narrowed by 40.6 percent in December 2019 as exports registered double-digit growth and imports contracted, the Philippine Statistics Authority reported yesterday.
Innovation to become vital part of economic development
by Czeriza Valencia - February 10, 2020 - 12:00am
The Philippine Innovation Act, which is set to be implemented, will make technology and innovation a vital part of the development of the economy, the National Economic and Development Authority said.
Credit rating upgrade to boost investments — NEDA
by Czeriza Valencia - February 10, 2020 - 12:00am
The National Economic and Development Authority welcomes the recent credit rating upgrade of Tokyo-based Rating and Investment Information Inc. for the Philippines, saying it is a recognition of the country’s...
ADB approves $2 million funding for nCoV tests
by Czeriza Valencia - February 9, 2020 - 12:00am
The Asian Development Bank has approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus.
PSA plans methodology revisions in measuring poverty thresholds
by Czeriza Valencia - February 9, 2020 - 12:00am
The Philippine Statistics Authority will be laying down this year the groundwork for the revision of the methodology for measuring the country’s poverty threshold, the minimum income needed by a family to...
Economic managers assure minimalimpact of nCoV on trade, economy
by Czeriza Valencia - February 8, 2020 - 12:00am
The impact of the novel coronavirus on the Philippine economy can be expected to be minimal as the effect will be concentrated on inbound tourism, a weaker contributor to economic output compared with other sectors,...
Still no decision on proposed POGO hubs — Pernia
by Czeriza Valencia - February 7, 2020 - 12:00am
There is still no firm decision at the Cabinet level on whether to pursue the proposal to move Chinese offshore gaming workers to special hubs to limit interaction with locals, said Socioeconomic Planning Secretary...
South Korea processing ODA faster than China, says Pernia
by Czeriza Valencia - February 6, 2020 - 12:00am
South Korea is now processing official development assistance for the Philippines at a faster pace compared with China, said Socioeconomic Planning Secretary Ernesto Pernia.
Factory output extends decline in December
by Czeriza Valencia - February 6, 2020 - 12:00am
Factory output continued to decline in December 2019 mostly because of steep declines in the production of petroleum, basic metals, as well as furniture and fixtures, the Philippine Statistics Authority reported...
Inflation hits 8-month high
by Czeriza Valencia - February 6, 2020 - 12:00am
Consumer prices continued to accelerate in January, growing by an eight-month high of 2.9 percent, as faster increases were seen in the indexes of transport, alcoholic beverages and tobacco, as well as housing and...
Pernia downplays nCoV impact on growth target
by Czeriza Valencia - February 5, 2020 - 12:00am
Despite its immediate impact on tourism and travel, the spread of the novel coronavirus in the country is not expected to slowdown economic growth this year as domestic consumption is still expected to be robust...
World Bank pledges assistance to virus-affected countries
by Czeriza Valencia - February 5, 2020 - 12:00am
The World Bank announced yesterday that it stands prepared to deploy assistance to countries affected by the spread of the novel coronavirus.
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