Tag: 2025
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LEDAC eyes approval of 28 priority bills by June 2025
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AT LEAST five new bills have been added to the Marcos administration’s list of priority legislation expected to be approved by Congress before June 2025, including proposals to allow foreign investors to lease land for up to 99 years and amend a 2019 law that liberalized the rice sector.
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Tourist arrivals in PHL seen returning to pre-pandemic level only in 2025
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TOURIST ARRIVALS in the Philippines are expected to jump by 33% this year, but will only return to the pre-pandemic level by 2025, Fitch Solutions’ unit BMI said. In a report, BMI said it maintains a “positive outlook” for Philippine tourist arrivals through 2028, driven by tourists from key markets…
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The Philippines looks up to Estonia’s best practices as first foray into online voting for OFWs set in 2025
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The Philippines is eyeing to duplicate the success of online voting in the European country of Estonia in line with the goal of the Commission on Elections (Comelec) to make it easier for Filipinos living and working abroad to cast their votes in next year’s midterm election. In a recent…
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WB keeps PHL growth projection for 2024, 2025
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THE WORLD BANK (WB) kept Philippine growth forecasts for 2024 and 2025 amid improved global conditions and better trade, but said delayed policy easing and China’s property sector woes pose risks to the outlook.
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GDP growth may fall below target in 2024, 2025 — BSP
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PHILIPPINE economic growth may fall below the government’s target this year and in 2025, as high interest rates dampen domestic demand, the Bangko Sentral ng Pilipinas (BSP) said. “The outlook on domestic economic activity remains intact, even as the economy is projected to operate slightly below potential. Economic growth could…
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Progress of 2025 budget on track, says DBM
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GOVERNMENT AGENCIES have turned in their 2025 budget proposals to the Department of Budget and Management (DBM) as of end-April, with next year’s spending plan still on track for submission to Congress by July, Budget Secretary Amenah F. Pangandaman said.
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SM Prime targets two China mall openings by 2025
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LISTED property developer SM Prime Holdings, Inc. continues its mall expansion in China with two planned openings by 2025, the president of its malls unit said. The scheduled openings next year will be in Fujian Province, comprising phase 4 of SM Xiamen and a mall project in Haicheng town, said…