Czeriza Valencia
Czeriza Valencia
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‘Worst may be over for growth slowdown in Asia’
by Czeriza Valencia - August 25, 2019 - 12:00am
While economic growth may still remain fairly weak over the coming year, the worst may be over for countries in Emerging Asia as supply chains are aligned in response to the trade war and demand firms up in less...
PPP seen critical to building green, resilient Phl economy
by Czeriza Valencia - August 24, 2019 - 12:00am
Public-private partnerships (PPP) are becoming increasingly crucial in creating a green and resilient economy for the country because of the scale of resources and expertise required, the PPP Center said.
NEDA flags growth risks
by Czeriza Valencia - August 23, 2019 - 12:00am
The onslaught of the peak typhoon season, increased power interruptions, and weak absorptive capacity of local government units (LGUs) pose an immediate risk to economic growth this year and beyond, the National...
Water crisis cuts economic growth potential, says WB
by Czeriza Valencia - August 22, 2019 - 12:00am
Economies experiencing water crises and high levels of water pollution may miss out on a third of their potential economic growth, a new report by the World Bank said.
JICA turns over new power distribution equipment to NEA
by Czeriza Valencia - August 22, 2019 - 12:00am
The Japan International Cooperation Agency (JICA) has turned over new equipment to the National Electrification Administration (NEA) as part of a grant to support the energy sector in Mindanao’s conflict-affected...
Dev’t gaps lead to ‘missing middle class’ — NEDA
by Czeriza Valencia - August 16, 2019 - 12:00am
Development gaps in the country are giving rise to a “missing middle class,” or those who have no access to basic services despite increases in income, the National Economic and Development Authority...
China still keen on financing Mindanao Railway
by Czeriza Valencia - August 13, 2019 - 12:00am
China is still intent on financing the first segment of the Mindanao Railway Project that will cut through the cities of Tagum, Davao and Digos in Mindanao, according to the National Economic and Development Authority...
Economists mixed on full-year GDP outturn
by Czeriza Valencia - August 11, 2019 - 12:00am
Economists gave a mixed picture of how the Philippine economy would perform by the end of the year.
NEDA backs new agri chief’s growth strategies
by Czeriza Valencia - August 10, 2019 - 12:00am
The National Economic and Development Authority (NEDA) yesterday backed the strategies laid out by new Agriculture Secretary William Dar, saying it will contribute to poverty reduction efforts and enable the agriculture...
BBB to reduce Metro Manila transport cost to P2 B daily
by Czeriza Valencia - August 10, 2019 - 12:00am
The completion of projects under the administration’s Build Build Build program will significantly reduce the transport cost in Metro Manila to P2.13 billion per day by 2022 from P3.5 billion in 2017, the National...
Another interest rate cut looms
by Czeriza Valencia - August 10, 2019 - 12:00am
After cutting policy rates by 25 basis points Thursday, the Bangko Sentral ng Pilipinas (BSP) may slash rates anew before the end of the year and set the pace for more cuts in the reserve requirements for banks,...
Economic growth slows to 5.5% in Q2
by Czeriza Valencia - August 9, 2019 - 12:05am
Economic growth shifted to an even lower gear in the second quarter, falling way short of forecasts, due to the spillover effects of the budget delay and the election ban on infrastructure projects, the national...
Capital Economics downgrades Philippines growth forecast
by Czeriza Valencia - August 9, 2019 - 12:00am
A continued growth slowdown in the second quarter points to a moderate recovery in the second half and a weaker full-year growth in 2019, said London-based Capital Economics.
No change in Q1 growth despite sectoral revisions
by Czeriza Valencia - August 8, 2019 - 12:00am
The 5.6 percent growth rate in the first quarter of the year was maintained despite revisions in the performance indexes of several economic sectors, the Philippine Statistics Authority (PSA) said yesterday.
Trade gap narrows to $2.47 B in June
by Czeriza Valencia - August 8, 2019 - 12:00am
The country’s trade deficit narrowed to $2.47 billion in June as exports continued to grow while imports declined further, the Philippine Statistics Authority (PSA) said yesterday.
Industrial output contracts in June
by Czeriza Valencia - August 7, 2019 - 12:00am
Manufacturing contracted in June as lower output were registered in petroleum products, furniture and fixtures, and basic metals, the Philippine Statistics Authority (PSA) said yesterday.
Inflation cools to 2-year low 2.4% in July
by Czeriza Valencia - August 7, 2019 - 12:00am
Growth in consumer prices further eased to 2.4 percent in July, the slowest in two years, on the back of cheaper rice, fuel and utilities, the Philippine Statistics Authority (PSA) said in a report yesterday.
Asia manufacturing activities weighed down by US-China row
by Czeriza Valencia - August 6, 2019 - 12:00am
Despite showing signs of improvement, manufacturing conditions in Asia are expected to remain weak in the near term as threats of additional US tariffs on Chinese imports add to downside risks, think tank Oxford...
Modest gain in Q2 GDP growth seen
by Czeriza Valencia - August 4, 2019 - 12:00am
Economic forecasters have penciled a modest improvement in gross domestic product (GDP) growth in the second quarter, with estimates ranging from 5.8 percent to six percent, still higher than the 5.6 percent pace...
ADB bares new fund mechanism for natural disasters
by Czeriza Valencia - August 3, 2019 - 12:00am
The Asian Development Bank (ADB) has approved a new quick-disbursing financing mechanism meant to help developing member-countries cope with natural disasters.
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