Shopping galas prove effective for recovery
Health-related products are expected to be at the forefront of people's minds in terms of making special purchases for the celebration.
ECONOMIC AFFAIRS
Marcos Jr. presents strength of Philippine economy at WEF meet in Davos
He also said the Philippines continues to focus on sustaining recovery, promoting a local environment that will nurture businesses by helping them maximize their competitiveness.
World Economic Forum projection: Debt, inflation biggest threats to Philippines
But President Ferdinand Marcos Jr. said despite inflation “running rampant and out of control,” the Philippines is still on track “to maintain a strong economic…
Speakers of South-east Asian languages help drive cross-border biz in Nanning
The city is incubating its cross-border e-commerce livestreaming business as a result of the talent living there being fluent in what are sometimes called minor languages.
Cakes, pastries to cost more as egg prices rise
Since 2022, the Marcos administration has been struggling to keep down food prices and ensuring an adequate supply of some key commodities, including red onions and sugar.
2 million non-poor households hit by inflation, rate selves poor now
According to the Philippine Statistics Authority, the spike was mainly due to the higher annual increase in the price index of food and non-alcoholic beverages at 8.4 per cent.
Thai cabinet extends diesel excise cut for four more months to control cost of living
Combined with revenue loss in the latest round, the government would lose about 140 billion to 150 billion baht in diesel excise revenue.
Marcos admin expects Philippines to grow by 6.5% in 2023
Finance Secretary Benjamin Diokno also estimated that GDP growth in 2022 likely exceeded the government’s growth target of 6.5 to 7.5 percent.
Davos 2023: China’s growth will return to normal trend this year, says Vice-Premier Liu He
The focus will be on expanding domestic demand, supporting the private sector, promoting fair competition and deepening reforms of its state-owned enterprises.
Job growth in South Asia may halve this year: ILO
"Inequality both between and within countries is growing and the recovery from the pandemic has been deeply uneven", said the report.