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Philippines
Thursday, May 2, 2024

Economy & Trade

BCDA, Maharlika fund manager sign deal to explore investment projects

The Bases Conversion and Development Authority (BCDA) said Monday it signed a strategic partnership with Maharlika Investment Corp. (MIC) to explore investment opportunities within BCDA properties, including Clark Freeport and Special Economic Zone. Under the MOU, BCDA and MIC will “further discuss, share knowledge and explore potential collaboration opportunities that will lead to a development of a feasibility study report.” The report will include potential developments within BCDA properties such as...

Gov’t keeps goal to slash poverty rate to single-digit

The government is keeping its target to bring down poverty incidence to...

PEZA pushes green technologies

The Philippine Economic Zone Authority (PEZA) recently hosted the first sustainability forum...

PH retail sector propels economic growth, innovation

The Philippine Retailers Association (PRA) is holding the National Retail Conference and...

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Japan inflation at highest level since 2014

Inflation in Japan hit 2.8 percent in August, the highest level since 2014, government data showed Tuesday, as soaring energy prices bite. The last time...

IMF team approves additional funds for Mozambique

The IMF on Monday said it was satisfied with fiscal progress Mozambique, ranked among the world's poorest countries, has made and paved the way...

Moody’s Analytics sees BSP hiking rate by another 50 bps

Moody’s Analytics, a unit of Moody’s Corp., said Monday it expects the Bangko Sentral ng Pilipinas to raise the policy rate by another 50...

BPOs welcome approval of 100% WFH alternative

The IT and Business Process Association of the Philippines on Monday welcomed the decision of President Ferdinand Marcos Jr. to allow 100-percent work-from-home arrangement...

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