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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...

LATEST Economy & Trade

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Inflation rate in June climbed to 6.1%—fastest in 43 months

Inflation rate in June accelerated to a 43-month high of 6.1 percent from 5.4 percent in May, driven by higher prices of food, non-alcoholic...

Think tank expects PH to post fastest growth in ASEAN this year

Singapore-based ASEAN+3 Macroeconomic Research Office on Tuesday raised its 2022 growth forecast for the Philippines to 6.9 percent, the fastest in the region, from...

US, China discuss ‘severe’ economic challenges, supply chains

Top officials from the United States and China held a "candid" video call on Tuesday to discuss global economic challenges, especially regarding supply chains. The...

Inflation climbs to 43-month high of 6.1%

Inflation soared to a 43-month high of 6.1 percent in June, on higher food, transport and electricity costs, data from the Philippine Statistics Authority...

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