Tag: year
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Top Ten New Year Resolutions for Gen Z: Empowering Change for Filipinos in 2025
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As the new year unfolds, Gen Z Filipinos are embracing resolutions that focus on personal growth, mental health, and positive social impact. Unlike previous generations, this cohort is determined to balance modern technological advancements with a deeper sense of purpose, community, and sustainability. Here are the top ten New Year…
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Philippines Q2 GDP rises 6.3% year on year, just above forecasts
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MANILA – The Philippine economy grew 6.3% in the second quarter from a year earlier, driven by government spending and investment, the statistics agency said on Thursday, stronger than upwardly revised 5.8% growth in the first quarter. That took first-half GDP growth to 6.0%, putting the economy on track to…
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BMI says Philippine consumer spending to accelerate this year
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HOUSEHOLD CONSUMPTION is seen to accelerate this year amid easing inflation, Fitch Solutions’ unit BMI said. “We hold a positive outlook for consumer spending in the Philippines in 2024 and 2025,” it said in its latest commentary. “While household spending already recovered to the pre-COVID levels in 2022, the rate…
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Fiscal plan for Marcos’ 3rd year missed in SONA
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PRESIDENT Ferdinand R. Marcos, Jr. failed to discuss plans to address the country’s fiscal situation in his third State of the Nation Address (SONA), despite his vows to pursue “aggressive” infrastructure projects and pushing for a wage hike for government workers and teachers, economists said.
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Marcos told to get real as he delivers address in his 3rd year
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ARTHUR UGBANIEL, a 29-year-old professional who studied to become a chef, has been operating a motorcycle taxi for about a year now, having failed to find a job that pays well.
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Every sTEP counts: The E-Waste Project’s 12th year in environmental service
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With ever-advancing technology come the mounting piles of waste thrown out for each electronic upgrade we buy. Electronic waste (e-waste) has increasingly grown at an alarming rate reaching thrice the world’s population growth as of 2014, and presumably even higher with a decade gone by. E-waste refers to obsolete or…
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Philippines likely to post one of the fastest growth rates in Asia this year, 2025 — IMF
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THE PHILIPPINES will likely post the second-fastest growth in Asia this year and in 2025, the International Monetary Fund (IMF) said. In its latest World Economic Outlook report, the IMF maintained its gross domestic product (GDP) growth forecast for the Philippines at 6% this year and 6.2% in 2025. If…
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BoI says investment approvals may hit P1.6T this year
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APPROVED investment pledges may hit P1.6 trillion this year, amid expectations of higher inflows of foreign direct investments (FDIs) and the pipeline of green lane-endorsed projects, a Trade official said. Board of Investments (BoI) Managing Head and Trade Undersecretary Ceferino S. Rodolfo said the positive outlook stems from the central…
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PHL likely to grow by 5-6% this year — House think tank
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THE GOVERNMENT of President Ferdinand R. Marcos, Jr. might have done enough pump-priming and should let the private sector take on a bigger role in boosting the economy, according to a congressional think tank.
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Government considering Samurai, dollar bonds this year
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THE GOVERNMENT is looking to issue Japanese yen-denominated and US dollar-denominated bonds within the year, the Finance chief said. “I expect both the dollar and possibly Samurai bonds this year. Both are being considered,” Finance Secretary Ralph G. Recto told reporters on the sidelines of the Economic Journalists Association of…