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1 day ago · MANILA – The House of Representatives has established a multi-committee to address the country's food security challenges. In an aide memoire released to the media on Thursday, Albay Rep. Joey Salceda said the newly established quint-committee would focus on food security, affordability, and sufficiency. Under the adopted House Resolution ...
1 hour ago · The Marcos administration has set next year’s budget at P6.352 trillion, which equates to 22 percent of the GDP and 10.1 percent more than the P5.768 trillion this year. With a higher budget ...
1 hour ago · Consequently, public debt will recede more slowly, eventually reaching 58.8 percent of GDP in 2028,” BMI said. However, BMI expects the government’s revenue collection to be better than ...
1 day ago · The Philippines is unlikely to achieve its goal of reducing public debt to 55.9 percent of the gross domestic product (GDP) by 2028, according to BMI, a unit of Fitch Solutions. “We believe that this is unlikely to be met. To achieve this, the deficit must be maintained at 3.6 percent of GDP over the subsequent three years (2026 to 2028 ...
1 hour ago · PH fiscal position expected to worsen. THE country's fiscal recovery will not be helped by next year's P6.352-trillion national budget, a 10.1-percent increase from this year's outlay that a Fitch Solutions unit said would lead to a wider fiscal deficit to gross domestic product (GDP) ratio. In a commentary released on Wednesday, BMI Research ...
1 day ago · PEZA’s dynamic, responsive and client-oriented ethics have earned the trust and confidence of investors in its Special Economic Zones, the local business sector, and the foreign chambers of commerce in the Philippines.
1 hour ago · Witchcraft is the use of alleged supernatural powers of magic. A witch is a practitioner of witchcraft. Traditionally, "witchcraft" means the use of magic or supernatural powers to inflict harm or misfortune on others, and this remains the most common and widespread meaning. [1] According to Encyclopedia Britannica, "Witchcraft thus defined ...
