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Czeriza Valencia
Czeriza Valencia
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Fare hike already factored into new inflation target
by Czeriza Valencia - October 19, 2018 - 12:00am
Inflation growth would not overshoot the new target set for this year and next as increases in transportation cost have already been factored into the new assumptions, Socioeconomic Planning Secretary Ernesto Pernia...
Belt and Road Initiative supporters denounce trade protectionism
by Czeriza Valencia - October 17, 2018 - 12:00am
Nations and business groups supporting China’s Belt and Road Initiative (BRI) are denouncing the trend of rising global trade protectionism and the trade war waged by the US with China and Europe.
China’s Silk Road Chamber of Commerce sets up $7 B investment fund
by Czeriza Valencia - October 15, 2018 - 12:00am
The Silk Road Chamber of International Commerce (SRCIC), a confederation of business chambers from various countries worldwide, has set up a $7 billion (50 billion Renminbi) fund for investment in various projects...
World Bank cites gains in Philippine’s Human Capital Index
by Czeriza Valencia - October 13, 2018 - 12:00am
Human capital development in the Philippines has been improving for the past six years, but more attention should be given to addressing malnutrition and learning challenges, according to a report by the World Bank....
ADB releases design guides for New Clark City
by Czeriza Valencia - October 13, 2018 - 12:00am
The Asian Development Bank (ADB) has released three reports that would serve as roadmaps for designing New Clark City in Tarlac.
Asia’s developing markets brace for prolonged US-China trade war
by Czeriza Valencia - October 13, 2018 - 12:00am
Financial markets in developing Asia are adopting a wait-and-see stance on the developments of the trade war between the US and China, but are bracing for worse global trade conditions, economists of the Asian Development...
Trade gap further swells in August 2018
by Czeriza Valencia - October 11, 2018 - 12:00am
Despite exports growing for the third straight month, the country’s trade deficit widened to $3.51 billion in August as imports growth continue to outpace exports, the Philippine Statistics Authority reported...
Trade gap widens to $18.9 billion in first half of 2018
by Czeriza Valencia - October 10, 2018 - 12:00am
The country’s trade deficit widened to $18.94 billion in the first semester of the year as imports continued to significantly outpace exports, the Philippine Statistics Authority reported yesterday.
IFC invests $3.4 B in East Asia, Pacific
by Czeriza Valencia - October 8, 2018 - 12:00am
The International Finance Corp. (IFC), the private sector arm of the World Bank Group, has committed to invest $3.4 billion in businesses in East Asia and the Pacific within the year.
NEDA poverty index to chart Pinoy standard of living
by Czeriza Valencia - October 8, 2018 - 12:00am
The National Economic and Development Authority (NEDA) is coming up with a multidimensional poverty index or MPI that would capture the progress in the standard of living of Filipinos.
Factory output up 8.8% in August 2018
by Czeriza Valencia - October 6, 2018 - 12:00am
Manufacturing firms churned out 8.8 percent more output in terms of volume and value last August, the Philippine Statistics Authority reported yesterday.
PSA rejects unsolicited proposal for national ID system
by Czeriza Valencia - October 6, 2018 - 12:00am
The Philippine Statistics Authority (PSA) has rejected the unsolicited proposal submitted by a consortium composed of the Ayala and Aboitiz groups with Unisys Philippines for the design and development of the national...
Inflation rises to 6.7% in September 2018
by Czeriza Valencia - October 6, 2018 - 12:00am
Consumer prices continued their upswing, reaching a fresh nine-year high of 6.7 percent in September, the Philippine Statistics Authority reported yesterday.
Philippines seen more vulnerable to capital outflows amid US-China trade war
by Czeriza Valencia - October 5, 2018 - 12:00am
The escalating trade war between the US and China would affect capital inflows into the country more than actual trade volume, an economist of the World Bank said yesterday.
World Bank downgrades Philippine growth outlook to 6.5%
by Czeriza Valencia - October 5, 2018 - 12:00am
The World Bank has downgraded its growth forecast for the Philippines to 6.5 percent this year amid rising global uncertainties and domestic inflationary pressures.
ADB invests $50 million in private equity fund focused on services
by Czeriza Valencia - October 4, 2018 - 12:00am
The Asian Development Bank is investing $50 million in a private equity fund focused on service-oriented companies in several Asian countries including the Philippines.
Local manufacturing grows at modest pace in September
by Czeriza Valencia - October 2, 2018 - 12:00am
The domestic manufacturing sector grew at a moderate pace in September, signalling “resilient” expansion in the months ahead, according to the latest reading of the Nikkei Philippines Manufacturing Purchasing...
Philippines to sustain robust growth — NEDA
by Czeriza Valencia - October 1, 2018 - 12:00am
Despite the successive downward adjustments in the country’s growth outlook by two international finance institutions, the National Economic and Development Authority (NEDA) remains bullish about the country’s...
Gov’t committed to productivity-boosting reform – NEDA
by Czeriza Valencia - October 1, 2018 - 12:00am
The government is committed to implementing key reforms that would improve productivity in various sectors, the National Economic and Development Authority (NEDA) said.
Gov’t easing foreign investment restrictions
by Czeriza Valencia - October 1, 2018 - 12:00am
The National Economic and Development Authority (NEDA) has assured British businesses that the government is working to ease foreign investment restrictions through the 11th Regular Foreign Investment Negative List...
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