Gov’t cuts economic growth forecast for 2023 to 6-7%
The Philippine peso is also expected to weaken in 2023 to the 55 to 59 against the US dollar, coming from the 54 to 55 range seen in this year.
Philippines
Chinese cooperation to extract our EEZ wealth
The author offers, “to extract [the Philippines’] maritime wealth, help and cooperation from China is indispensable as it still the most ubiquitous superpower in [the] area”.
Philippines gov’t eyeing ‘tweaked’ high-rise BLISS housing units
The President said that socialised housing sites should be located near the workplaces of beneficiaries.
Philippines: Survey numbers show hunger worse among those sinking deeper in poverty
While 30 percent of people say their lives got better, the latest Social Weather Station survey reveals that at least 29 per cent are being hit hardest by accelerating inflation.
PH CEOs turn optimistic about 2023 prospects
A good number of the largest corporations in the country has posted profit numbers last seen before the pandemic struck.
Chinese cooperation to extract our EEZ wealth
Philippine’s 2016 Arbitral Award recognised their sovereign rights to explore, develop, and utilise resources, However, China rejects the AA.
Are we ready for a sovereign wealth fund?
“Our country is not lacking in public servants with certain qualities, our career officials are all too often silenced by political pressure”, the author writes.
New fintech firm offering easier US-PH money transactions
The firm BayaniPay has announced that its multi-feature platform offers zero-fee remittance and market-leading foreign exchange rates
Fare card prices soar in Manila amid shortage
The shortage was due to issues in the supply chain of electronic chips and a special gas from Russia, an official said.
Pandemic hardly curbed ‘risky behaviors’ leading to HIV cases
Risky behaviours included unprotected sex or nonuse of condoms during sexual contact, having multiple sex partners and sharing of contaminated needles among people who inject…