PHL set for investment-led boom, says BMI
THE Philippines is on track to become a trillion-dollar economy by 2033 as it is seen to be well-positioned for an investment-led boom, according to BMI, a Fitch Solutions Company.
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THE Philippines is on track to become a trillion-dollar economy by 2033 as it is seen to be well-positioned for an investment-led boom, according to BMI, a Fitch Solutions Company.
THIRTY-ONE power plants in Luzon and Visayas are still on shutdown while eight more are still running on de-rated capacity, prompting the National Grid Corporation of the Philippines (NGCP) to place the grids on yellow alert on Wednesday.
THE Asian economy as a whole is projected to grow by 4 percent in 2024 amid trade disruptions, climate change and persisting inequalities, among others, according to the United Nations Conference on Trade and Development’s (Unctad) Trade and development report.
NEW Zealand Prime Minister Christopher Luxon will arrive in the country on Thursday for an official visit.
THE Philippines has $51 billion worth of unrealized export potential for electronic equipment alone, data from the International Trade Centre (ITC) platform showed.
THE Department of Migrant Workers (DMW) said there were no Filipino casualties from the severe floods which hit the United Arab Emirates (UAE) earlier this week.
AMENDING certain economic provisions in the 1987 Constitution would give certitude and confidence to potential investors in the country and would stir healthy competition among businesses, according to economists and former members of the Philippines’ economic team.
THE Intellectual Property Office of the Philippines (IPOPHL) said its officials signed a deal with the Pharmaceutical and Healthcare Association of the Philippines (PHAP) in a bid to “better protect the public against counterfeit drugs and build a local environment that encourages more affordable medicines and for quality healthcare innovations.”
AN environmentalist think tank released a report on Wednesday citing three high-potential offshore wind (OSW) development zones in the country.
BAGUIO CITY—THE Supreme Court has ruled that the Commission on Elections (Comelec) erred in disqualifying Smartmatic-TIM Corporation from participating in the bidding process for the P17.9 billion Automated Election System (AES) contract for the 2025 national and local elections.
Lawmakers on Wednesday urged key government agencies to launch a comprehensive investigation into the notable rise in the number of Chinese near Enhanced Defense Cooperation Agreement (EDCA) sites.
The Philippines tallied the fifth highest number of local threats in Southeast Asia, according to the latest report from Kaspersky.
To help ease the effects of climate change, the Department of Environment and Natural Resources (DENR) is evaluating whether deserted and unused fishponds in some regions in the country could be converted into mangroves.
The Department of Health (DOH) on Wednesday reported that the latest data on measles-rubella (MR) cases indicates that overall transmission may be slowing down, but pertussis cases are still on an upward trend.
THE Philippines is asking Tehran for permission to meet the four Filipino seafarers of a container ship which Iran commandos seized from Strait of Hormuz last Saturday.
Basic Energy Corp. (BEC) has tapped the technical expertise of Japan-based Renova Inc. to develop the 50-megawatt (MW) wind power project in Batangas.
THE Office of the Ombudsman has received another complaint against Commission on Higher Education (CHED) Chairman Prospero “Popoy” De Vera III in connection with the alleged unaccounted P10.3-billion higher educational development fund allocated for the free tuition and living allowance of government scholars.
DAVAO CITY—Four Davao politicians remained silent about their expulsion from the Hugpong ng Pagbabago (HNP), the dominant political party in the Davao Region identified with Vice President Sara Duterte.
FOLLOWING his participation in the 20th Kesong Puti Festival and distribution of assistance to displaced workers, Senator Christopher “Bong” Go joined the ‘Malasakit sa Kooperatiba’ event on Monday, April 15, in cooperation with the Cooperative Development Authority (CDA), in Sta. Cruz, Laguna.
SPEAKER Ferdinand Martin G. Romualdez on Wednesday highlighted the importance of renewing the Generalized System of Preferences (GSP) program, which expired on December 31, 2020, to further boost trade between the Philippines and the US.
SENATOR Raffy Tulfo pressed for passage of a bill seeking the development of a comprehensive and integrated legislative policy for developing the Philippines’s natural gas sector.
UNITED NATIONS—The United Nations appealed for $2.8 billion on Tuesday to provide desperately needed aid to 3 million Palestinians, stressing that tackling looming famine in war-torn Gaza requires not only food but also sanitation, water and health facilities.
Iran’s president has warned that the “tiniest invasion” by Israel would bring a “massive and harsh” response, as the region braces for potential Israeli retaliation after Iran’s attack over the weekend.
BANGKOK—Myanmar’s jailed former leader Aung San Suu Kyi has been moved from prison to house arrest as a health measure due to a heat wave, the military government said. On Wednesday it also granted amnesty for over 3,000 prisoners to mark this week’s traditional New Year holiday.
DUBAI, United Arab Emirates—Heavy thunderstorms lashed the United Arab Emirates on Tuesday, dumping the heaviest rain ever recorded in the country in the span of hours as it flooded out portions of major highways and Dubai’s international airport.
BAGUIO CITY—The Supreme Court has ruled that the Commission on Elections erred in disqualifying Smartmatic-TIM Corporation from participating in the bidding process for the P17.9-billion Automated Election System (AES) contract for the 2025 national and local elections.
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The Commission on Election (Comelec) is now eyeing to remove barangay certificates as part of its voter registration requirement due to the document’s lack of necessary details, which includes the age of applicants.
Romania wants to open its doors to more Filipino professionals through a new labor cooperation agreement with the Department of Migrant Workers (DMW).
(UPDATED) The Luzon grid may experience tight power supply in May, particularly from May 13 to 26, potentially leading to yellow alerts due to El Nino, a Manila-based think tank said Tuesday. This, as Luzon and the Visayas grids were placed on red alert on Tuesday.
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