Czeriza Valencia
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Bulacan Bypass Road Phase 3 nearly complete
by Czeriza Valencia - October 30, 2020 - 12:00am
The third phase of the Arterial Road Bypass project in Bulacan is on track for completion by December, the Japan International Cooperation Agency said.
Six months into pandemic, MSMEs still hurting – ADB
by Czeriza Valencia - October 30, 2020 - 12:00am
Six months into the pandemic, almost half of the country’s micro, small and medium enterprises still suffer from diminished revenues and capital shortage, according to an assessment of the Asian Development...
World Bank approves $88.28 million loan for customs modernization
by Czeriza Valencia - October 29, 2020 - 12:00am
The World Bank has approved an $88.28-million loan to finance the modernization of the country’s customs administration.
Emerging Asia GDP to remain below pre-pandemic level
by Czeriza Valencia - October 26, 2020 - 12:00am
Economic output in emerging Asia hit worst by COVID-19 like the Philippines is expected to remain up to 15 percent below pre-pandemic level in the near term, according to the macroeconomy research firm Capital ...
Prices of building materials ease further in September
by Czeriza Valencia - October 25, 2020 - 12:00am
Wholesale prices of building materials in Metro Manila continued to grow at a slower pace in September, indicating continued weakness in construction activity.
ADB wants global market access for MSMEs
by Czeriza Valencia - October 23, 2020 - 12:00am
Giving smaller businesses in Southeast Asia access to global markets and technological support will be a huge boost to recovery efforts in the region, according to a new report by the Asian Development Bank.
Consumption to shield Philippines from headwinds
by Czeriza Valencia - October 22, 2020 - 12:00am
Sustaining the downtrend in the number of COVID cases and supporting the growth in consumption would help shield the Philippines from a weakening global economy, a World Bank economist said.
FMIC sees slower Q3 economic decline
by Czeriza Valencia - October 20, 2020 - 12:00am
A slower decline in economic output of not more than five percent can be expected in the third quarter of the year as signs of recovery continue to be seen in the industry sector, said the investment banking arm...
World Bank: Heightened efforts needed vs poverty
by Czeriza Valencia - October 17, 2020 - 12:00am
The World Bank is urging its member countries, particularly developing economies, to increase efforts on alleviating poverty and preventing erosion of human capital.
Most Pinoys pay for healthcare out-of-pocket
by Czeriza Valencia - October 16, 2020 - 12:00am
Out-of-pocket payment remained as the largest source of financing for health service providers in the country as of 2019, beating the financial assistance provided by the government, according to data released by...
World Bank: Less trade barriers to hasten global economic rebound
by Czeriza Valencia - October 16, 2020 - 12:00am
The World Bank is encouraging the lowering of trade barriers across economies to support recovery and uphold living standards amid the pandemic.
PIDS urges unfunding some national projects
by Czeriza Valencia - October 14, 2020 - 12:00am
Unfunding some of the national projects that can be devolved to local government units may be the “most prudent option” for coping with the increased LGU share in national taxes resulting from a Supreme...
Government to reopen more sections of economy
by Czeriza Valencia - October 12, 2020 - 12:00am
The government is committed to re-open more sections of the economy in line with efforts to return to a growth trajectory, according to the National Economic and Development Authority.
Subdued rebound in Q3 seen
by Czeriza Valencia - October 11, 2020 - 12:00am
A subdued pace of recovery can be expected in the third quarter after economic activity stagnated in July, said UK-based Oxford Economics.
External trade plummets
by Czeriza Valencia - October 10, 2020 - 12:00am
External trade contracted at a faster pace in August as exports and imports registered double-digit declines, according to data from the Philippine Statistics Authority.
National ID registration for Metro Manila set next year
by Czeriza Valencia - October 10, 2020 - 12:00am
Registration for the National ID System will begin in Metro Manila and other areas not currently included in the list of 32 priority provinces in January 2021, the Philippine Statistics Authority said yesterda...
ADB funding 4 DOTr projects
by Czeriza Valencia - October 9, 2020 - 12:00am
The Asian Development Bank is set to approve funding for four priority projects of the Department of Transportation.
Around 40% of firms remain closed – World Bank survey
by Czeriza Valencia - October 9, 2020 - 12:00am
Around 40 percent of firms in the country remain closed at the start of the second semester, with most expressing a high degree of uncertainty in the months ahead, results of a business survey conducted by the World...
Rice Tariffication Law to boost GDP — NEDA
by Czeriza Valencia - October 9, 2020 - 12:00am
The National Economic and Development Authority urged the public yesterday to give the Rice Tariffication Law a chance to take effect in the structural transformation of the economy and contribute to the growth of...
Factory output falls at slower pace in August
by Czeriza Valencia - October 8, 2020 - 12:00am
Manufacturing output declined at a slower pace in August even with the reimposition of a strict lockdown in Metro Manila and surrounding areas during the month, the Philippine Statistics Authority said.
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