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Czeriza Valencia
Czeriza Valencia
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‘Economy on way to recovery’
by Czeriza Valencia - July 12, 2020 - 12:00am
The economy is starting to recover but remains in a fragile state as shown by recent indicators, the National Economic and Development Authority said.
Out-of-school youth to benefit from $100 million ADB project
by Czeriza Valencia - July 11, 2020 - 12:00am
Out- of- school children in the Philippines are among those who will benefit from $100 million worth of joint projects by the Asian Development Bank and Qatar-based Education Above All Foundation to put them in...
National ID implementation seen this year
by Czeriza Valencia - July 9, 2020 - 12:00am
Implementation of the National ID System is on track before the end of the year, with the last major procurement block expected to be hurdled soon, the National Economic and Development Authority said yesterday...
Inflation accelerates to 2.5% in June
by Czeriza Valencia - July 8, 2020 - 12:00am
Inflation accelerated to 2.5 percent in June after four consecutive months of slowdown, driven by increases in the cost of transportation, particularly tricycles, which hiked fares by more than a hundred percent...
AsPac urged to ensure food security
by Czeriza Valencia - July 7, 2020 - 12:00am
The Asian Development Bank is urging countries in the Asia Pacific region to use the pandemic as an opportunity to implement reforms that help ensure food security.
ADB joins financial greening network
by Czeriza Valencia - July 5, 2020 - 12:00am
The Asian Development Bank has joined the Paris-formed Central Banks and Supervisors Network for Greening the Financial System as an observer.
‘Worst over for Asian manufacturing’
by Czeriza Valencia - July 4, 2020 - 12:00am
Although still weak, manufacturing conditions across Asia recovered in June, hinting that the worst may be over for industries, said London-based think tank Capital Economics.
Economic rebound seen in Q3
by Czeriza Valencia - July 4, 2020 - 12:00am
A rapid recovery for the domestic economy may not be likely but improvement in output may be seen by this quarter, according to the investment banking arm of the Metrobank Group.
Factories hike output in June
by Czeriza Valencia - July 2, 2020 - 12:00am
Manufacturing conditions in the country stabilized in June as manufacturers raised output for the first time since February, according to the latest IHS Markit Philippines Manufacturing Purchasing Managers’...
Factory gate prices continue to drop
by Czeriza Valencia - July 1, 2020 - 12:00am
Factory gate prices continued to decline at a softer pace in May, the Philippine Statistics Authority reported yesterday.
ADB OKs $26.5 million loan for Philippines
by Czeriza Valencia - June 30, 2020 - 12:00am
The Asian Development Bank has approved a new $26.5 million loan for the Philippines to enable its local government units to boost revenues by adopting digital tools for real property tax valuation and collecti...
Business pessimism eases worldwide in June — survey
by Czeriza Valencia - June 27, 2020 - 12:00am
Pandemic-related business pessimism among companies worldwide appeared to have eased in June, with most expecting the global economy to emerge from recession in the fourth quarter of the year, said UK-based think...
Philippines bond market grows 8% in Q1
by Czeriza Valencia - June 26, 2020 - 12:00am
The domestic bond market grew by 7.9 percent in the first quarter as both government and corporate issuances rose on the back of positive investor sentiment prior to the declaration of a pandemic, according to the...
BSP slashes rates by another 50 bps
by Czeriza Valencia - June 26, 2020 - 12:00am
The Bangko Sentral ng Pilipinas delivered yesterday another surprising and deep 50-basis-point cut in key interest rates to boost market confidence and further mitigate the downside risks to growth.
BSP to keep policy rates steady this week
by Czeriza Valencia - June 22, 2020 - 12:00am
The Bangko Sentral ng Pilipinas may keep rates steady in a meeting this week, but is likely to further loosen policy this year as the growth outlook remains dismal, according to London-based Capital Econom...
‘Recovery slowest in Philippines’
by Czeriza Valencia - June 21, 2020 - 12:00am
Economic recovery in the Philippines will likely be among the slowest in Asia because of prolonged lockdowns and the continued rise in the number of cases of the coronavirus disease 2019, according to London-based...
ADB approves $126 million loan to MWSS
by Czeriza Valencia - June 20, 2020 - 12:00am
The Asian Development Bank has approved a $126 million loan to the Metropolitan Waterworks and Sewerage System as additional financing for its Angat Water Transmission Improvement Project.
‘Contraction to worsen’
by Czeriza Valencia - June 19, 2020 - 12:00am
The Asian Development Bank has further downgraded its economic forecast for the Philippines this year, citing a slowdown in consumption and investments in the first quarter amid the coronavirus pandemic.
Industry revenues down 4.9% in Q1
by Czeriza Valencia - June 19, 2020 - 12:00am
Industry revenues contracted by 4.9 percent in the first quarter as steep declines in earnings were seen in mining and manufacturing, the Philippine Statistics Authority reported yesterday.
Record high jobless rate ‘understated’ — economist
by Czeriza Valencia - June 14, 2020 - 12:00am
The record high 17.7 percent unemployment rate in April may be an “understatement” of the country’s employment condition, according to a new research brief by the Ateneo de Manila University.
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