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Czeriza Valencia
Czeriza Valencia
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Digital technology boosting tourism — PIDS
by Czeriza Valencia - March 27, 2019 - 12:00am
Greater digitization in the use of emerging technologies has been giving key tourism areas a boost in operations and can open up more opportunities for the sector, the Philippine Institute for Development Studies...
Think tank hints of 50 bps rate cut this year
by Czeriza Valencia - March 27, 2019 - 12:00am
The Philippines is among the countries in Asia Pacific with the most room for monetary easing this year due to decelerating inflation and weaker growth prospects, said UK-based think tank Oxford Economics.
Over half of population now residing in urban areas
by Czeriza Valencia - March 25, 2019 - 12:00am
More than half of the country’s population of over 100 million now reside in urban areas, with four regions registering the highest levels of urbanization, according to the Philippine Statistics Authority...
ADB, AIIB ink cofinancing framework agreement
by Czeriza Valencia - March 24, 2019 - 12:00am
The heads of the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have signed a framework agreement that will guide their cofinancing operations to guide more cofinancing operations...
BSP seen cutting bank reserve ratio thrice this year
by Czeriza Valencia - March 23, 2019 - 12:00am
The Bangko Sentral ng Pilipinas can be expected to cut the reserve requirement ratio (RRR) for banks three times this year even as it remains cautious about the timing, London-based think tank Capital Economics...
Poorest households get reprieve from price acceleration
by Czeriza Valencia - March 22, 2019 - 12:00am
Growth in consumer prices for the country’s poorest households decelerated to five percent in February from a peak of 9.5 percent in September to October last year due to the slower growth in food prices, the...
Industry revenues grow 9.5% in fourth quarter of 2018
by Czeriza Valencia - March 22, 2019 - 12:00am
Industry revenues grew faster in the fourth quarter of 2018, boosted by the growth in private services and manufacturing sector, the Philippine Statistics Authority reported yesterday.
Domestic trade volume grows 12%
by Czeriza Valencia - March 21, 2019 - 12:00am
Domestic trade grew both in terms of volume and value in the fourth quarter of 2018, driven by higher shipments of food and live animals as well as machinery and transport equipment, the Philippine Statistics Authority...
Residential development boosts construction works in 2018 fourth quarter
by Czeriza Valencia - March 21, 2019 - 12:00am
Construction activity rose by 21 percent in the last quarter of 2018 as more residential buildings were built, the Philippine Statistics Authority reported.
Scrap telco franchise requirement to hasten ICT investments – PIDS
by Czeriza Valencia - March 21, 2019 - 12:00am
The Philippine Institute for Development Studies (PIDS) is in favor of removing the requirement of a legislative franchise in the establishment and operation of telecommunications and broadcasting services, saying...
PIDS urges government to revisit taxes on financial services
by Czeriza Valencia - March 20, 2019 - 12:00am
State-run Philippine Institute for Development Studies is urging the government to revisit the imposition of taxes on the financial services sector under the Tax Reform for Acceleration and Inclusion Law, noting...
NEDA cuts in growth projection too severe — Capital Economics
by Czeriza Valencia - March 18, 2019 - 12:00am
Cuts in growth projection made by the National Economic and Development Authority (NEDA) in relation to the prevailing impasse on the passage of the 2019 national budget are “too severe” and may have...
BSP seen holding rates in policy meeting
by Czeriza Valencia - March 18, 2019 - 12:00am
London-based Capital Economics expects the Bangko Sentral ng Pilipinas to keep its key policy rates steady in a meeting this week.
National ID system on track
by Czeriza Valencia - March 17, 2019 - 12:00am
The national identification system will be rolled out as planned this year with mass registration to be carried out next year, according to the National Economic and Development Authority (NEDA).
NEDA seeks exemption of top projects from poll ban
by Czeriza Valencia - March 17, 2019 - 12:00am
The National Economic and Development Authority (NEDA) urged the Commission on Elections (Comelec) to approve the proposed exemption of 145 priority infrastructure projects from the election spending ban to lessen...
Remittance growth seen subdued
by Czeriza Valencia - March 15, 2019 - 12:00am
The growth in remittances is expected to remain subdued over the next few years, but the Philippine economy can hold up despite the effect on consumption if monetary and fiscal policies are loosened this year and...
Reenacted budget to trim growth to 4.2% in 2019
by Czeriza Valencia - March 14, 2019 - 12:00am
Growth may slow down to 4.2 percent this year if the government operates on a reenacted budget for the entire year, according to estimates of the National Economic and Development Authority.
Trade deficit widens in January
by Czeriza Valencia - March 13, 2019 - 12:00am
The country incurred a trade deficit of $3.76 billion in January, higher than the $3.16-billion gap a year earlier, as imports rebounded and exports continued to drop, the Philippine Statistics Authority (PSA) reported...
Evidence-based approach to be followed in opening up sugar sector
by Czeriza Valencia - March 11, 2019 - 12:00am
The government will follow an evidence-based approach in pursuing the liberalization of sugar importation to ensure that the needs of industries are met and assistance will be provided to affected farmers, according...
Philippines’ fertile ground for creation of climate finance market
by Czeriza Valencia - March 11, 2019 - 12:00am
The International Finance Corp. (IFC), a sister organization of the World Bank, believes that the Philippines has a viable business environment for building a market for green infrastructure and energy sources, as...
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