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The Economy

667 posts
  • The Economy

Department of Trade and Industry and the Board of Investment hails President Duterte’s signing of CREATE Act

  • March 31, 2021
  • Balikbayan Media Center
The Department of Trade and Industry (DTI) and the Board of Investments (BOI) hailed the signing of the landmark Republic Act. No. 11534, or the Corporate Recovery and Tax Incentives…
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  • The Economy

Rollout of Covid-19 Vaccine anticipated to fuel Philippine remittances

  • March 28, 2021
  • Balikbayan Media Center
An economist forecasts the contraction in remittance inflows to the Philippines to continue in the early part of 2021 before improving amid the rollout of the coronavirus disease (Covid-19) vaccination…
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  • The Economy

DPWH gears up construction of Panguil Bay Bridge sub-structure

  • March 27, 2021
  • Balikbayan Media Center
The Department of Public Works and Highways (DPWH) is gearing up to start the sub-structure works of the 3.169 kilometer Panguil Bay Bridge Project with sets of construction equipment requirements…
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  • The Economy

UN Philippines rallies behind govt’s Jobs Summit to address record-high PHL unemployment

  • March 26, 2021
  • Balikbayan Media Center
UN Philippines commits support for Government to address Philippine unemployment which, at 10.4 percent, is the highest the country has seen in 15 years The United Nations (UN) in the…
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  • The Economy

Return to positive GDP growth rate projected for the Philippines this year

  • March 26, 2021
  • Balikbayan Media Center
The country will return to a positive growth rate this year if the government effectively carries out its risk management strategy against the coronavirus disease (COVID-19) and use its resources…
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  • Technology
  • The Economy

Bangko Sentral ng Pilipinas fosters digitalization under its Digital Payments Transformation Roadmap for 2020-2023

  • March 26, 2021
  • Balikbayan Media Center
The Bangko Sentral ng Pilipinas (BSP) continues to foster digitalization under its Digital Payments Transformation Roadmap for 2020-2023. In a speech delivered during Fintech Alliance PH’s General Membership Meeting yesterday,…
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  • The Economy

Department of Public Works and Highways to partially open bridge connecting BGC-Ortigas in May

  • March 26, 2021
  • Balikbayan Media Center
The Department of Public Works and Highways (DPWH) targets to partially open this May 2021 the Sta. Monica-Lawton Bridge which is a major component of the BGC-Ortigas Road Link Project.…
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  • The Economy

More jobs restored with safe reopening of economy

  • March 22, 2021
  • Balikbayan Media Center
The country is gradually getting back the jobs lost due to the pandemic but the smaller progress in the past quarter suggests the need to address remaining restrictions before the…
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  • The Economy

Development Bank of the Philippines lends P760-M for health care facility in Pangasinan

  • March 20, 2021
  • Balikbayan Media Center
State-owned Development Bank of the Philippines (DBP) has signed a term loan agreement amounting to PHP760 million with a renowned hospital chain to enhance the health care facilities and boost…
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  • The Economy

P13.19 Billion investments okayed by the PEZA Board in March 2021

  • March 19, 2021
  • Balikbayan Media Center
The Philippine Economic Zone Authority (PEZA) Board has approved on March 11, 2021 a total of 33 projects, which will bring about PhP 13.19 Billion investments and generate 2,447 employment…
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  • The Economy

BOI approves P356M bike project, to boost demand

  • March 18, 2021
  • Balikbayan Media Center
The Board of Investments (BOI) recently gave the nod to the application of TRINX Bicycle Sport Technology Corp. (TBSTC) as a new Export Producer of Bicycles which qualifies the company…
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  • Events
  • The Economy

Liveable Cities Local Labs: Batangas Province

  • March 15, 2021
  • Balikbayan Media Center
Register today at http://bit.ly/locallabbatangas
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  • The Economy

President Duterte inaugurates infrastructure projects in Negros Oriental

  • March 13, 2021
  • Balikbayan Media Center
President Rodrigo Roa Duterte led the inauguration of vital infrastructure projects on Thursday, March 11 in Negros Oriental which are seen to boost the province’s tourism sector as well as…
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  • Asia
  • The Economy

Hong Kong toy manufacturers see ‘Making it Happen’ in the Philippines, considers investing in the country’s resilient economy

  • March 10, 2021
  • Balikbayan Media Center
Foreign investors continue to show strong confidence in doing business in the country as they see themselves to “Make It Happen” in the Philippines, as it primes up for a resilient…
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  • The Economy

Department of Public Works and Highways accomplishes P13.6B worth of infrastructure in Central Visayas

  • March 8, 2021
  • Balikbayan Media Center
The Department of Public Works and Highways (DPWH) has accomplished P13.6 billion worth of infrastructure in Central Visayas in the year 2020, despite restrictions brought about by the COVID-19 pandemic.…
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  • The Economy

CREATE and infrastructure-led sectors will boost investments, economic recovery

  • March 3, 2021
  • Balikbayan Media Center
The impending implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act and the sectors led by construction and infrastructure will have the biggest impact on the road to…
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  • The Economy

Memorandum Circular issued by the DTI on gradual reopening of allowed sectors under GCQ, MGCQ areas

  • March 3, 2021
  • Balikbayan Media Center
The Department of Trade and Industry (DTI) issued Memorandum Circular (MC) No. 21-08, s. 2021 prescribing the recategorization of certain business activities from Category IV to Category III, which gradually…
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  • The Economy

Philippines ranks as 7th Most Promising Country over the Mid-Term for Japanese Companies

  • February 26, 2021
  • Balikbayan Media Center
The Philippines ranked 7th in terms of being a promising prospect for business operations over the mid-term (next 3 years) in a survey conducted by the Japan Bank for International…
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  • The Economy

PEZA Chief welcomes the inauguration of the Manufacturing Plant Expansion Project of Yamaha Motor Philippines, Inc.

  • February 25, 2021
  • Balikbayan Media Center
The Philippine Economic Zone Authority (PEZA) Director General Charito “Ching” Plaza attended the Inauguration of the Manufacturing Plant Expansion Project of Yamaha Motor Philippines, Inc., (YMPH) yesterday, February 22, 2021,…
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  • The Economy

DTI checks Metro Manila cinemas and supermarkets in preparation for MGCQ

  • February 25, 2021
  • Balikbayan Media Center
In preparation for the proposed transition of Metro Manila from General Community Quarantine (GCQ) to Modified General Community Quarantine (MGCQ), Department of Trade and Industry (DTI) Consumer Protection Group (CPG)…
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