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Czeriza Valencia
Czeriza Valencia
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Economy likely contracted 8.5% in Q4
by Czeriza Valencia - January 25, 2021 - 12:00am
Economic decline in the fourth quarter of 2020 likely continued to slow down, but nonetheless remained steep because of remaining restrictions, according to London-based Capital Economics.
New Philippine development plan focuses on education, social security
by Czeriza Valencia - January 24, 2021 - 12:00am
Enhancing social security and improving the delivery of education will be priorities in human development in the next two years, according to the National Economic and Development Authority.
New Philippine development plan focuses on education, social security
by Czeriza Valencia - January 23, 2021 - 12:00am
Enhancing social security and improving the delivery of education will be priorities in human development in the next two years, according to the National Economic and Development Authority .
Free trade deal with Japan underutilized, says PIDS
by Czeriza Valencia - January 22, 2021 - 12:00am
More than a decade after its enforcement, the utilization of the country’s free trade agreement with Japan was found to be “alarmingly low” compared with other FTAs, a new study by the Philippine...
Growth capped at 4% this year
by Czeriza Valencia - January 22, 2021 - 12:00am
The Philippines will not be able to recover swiftly from the pandemic-induced recession this year due to uncertainties particularly on the vaccination program, an economist of the University of Asia and the Pacific...
Diokno, 6 other BSP execs sued over national ID deal
by Czeriza Valencia - January 21, 2021 - 12:00am
Bangko Sentral ng Pilipinas Governor Benjamin Diokno and six other BSP officials were charged with graft before the Office of the Ombudsman yesterday over the P1.75-billion supply and equipment contract for the national...
ADB, EIB to finance ‘blue economy’ investments
by Czeriza Valencia - January 17, 2021 - 12:00am
The Asian Development Bank has formed a partnership with the European Investment Bank to finance ocean economy investments in Asia and the Pacific.
ADB backs innovative partnerships for financing infrastructure projects
by Czeriza Valencia - January 15, 2021 - 12:00am
The Asian Development Bank is urging developing member countries to explore innovative partnerships to fund crucial infrastructure projects at a time when government resources are challenged by pandemic respons...
FMIC/UA&P study shows Philippines to expand up to 6.5% in 2021
by Czeriza Valencia - January 15, 2021 - 12:00am
The economy can be expected to return to a growth path of 5.5 up to 6.5 percent this year, supported largely by increased remittances from overseas and government spending, according to the investment banking arm...
Slow vaccine rollout may delay global trade recovery
by Czeriza Valencia - January 13, 2021 - 12:00am
A slower-than-expected roll-out of vaccines against COVID-19 coupled with fresh surges in infections can delay the recovery of global trade this year, according to a UK-based think tank.
Exports return to growth in November
by Czeriza Valencia - January 9, 2021 - 12:00am
Exports returned to positive territory in November, after sinking into the red in October, reflecting improved performance in major trading partners such as China, Taiwan and the United States.
JICA disburses additional P4.7 billion for disaster recovery
by Czeriza Valencia - January 8, 2021 - 12:00am
The Japan International Cooperation Agency has disbursed another 10 billion yen (around P4.7 billion) to the Philippines under the Post Disaster Standby Loan 2 (PDSL 2) facility to support recovery efforts following...
World Bank retains 8.1% GDP decline forecast for Philippines
by Czeriza Valencia - January 7, 2021 - 12:00am
The World Bank has retained its 8.1 percent economic decline projection for the Philippines in 2020, putting the country among the worst performers in the East Asia and Pacific region owing to the prolonged loc...
T-bond rates down on strong demand
by Czeriza Valencia - January 6, 2021 - 12:00am
Reissued five-year Treasury bonds (T-bonds) fetched lower rates as investors swarmed yesterday’s auction amid strong liquidity in the financial system.
Inflation highest in nearly 2 years
by Czeriza Valencia - January 6, 2021 - 12:00am
Prices of basic goods and services went up for the third straight month in December to reach a near two-year high at 3.5 percent, driven by higher cost of food and transportation, the Philippine Statistics Authority...
Pandemic erases gains in poverty reduction — PIDS
by Czeriza Valencia - January 3, 2021 - 12:00am
The prevailing pandemic can potentially reverse gains in poverty reduction over the past five years and push poverty incidence higher than 2015 levels, according to the Philippine Institute for Development Stud...
Side effect fears may discourage inoculation – global survey
by Czeriza Valencia - January 2, 2021 - 12:00am
Concerns about side effects of vaccines against COVID-19 are likely to prevent large sections of populations worldwide from getting inoculated, an international survey showed.
Retail prices of building materials continue to rise
by Czeriza Valencia - January 1, 2021 - 12:00am
Retail prices of construction materials in the National Capital Region rose for the fourth straight month in November, indicating increased demand, the Philippine Statistics Authority said.
Factory gate prices decline at faster pace in November
by Czeriza Valencia - December 30, 2020 - 12:00am
Factory gate prices declined at a faster pace in November, led by steeper drops in petroleum products and paper, the Philippine Statistics Authority said.
JICA, BSP team up for credit database
by Czeriza Valencia - December 29, 2020 - 12:00am
The Japan International Cooperation Agency and the Bangko Sentral ng Pilipinas are establishing a credit risk database for small and medium enterprises to help smaller businesses gain access to financing.
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