Tag: economy
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MORE Power Announces 4.2% Rate Reduction for Iloilo City This December
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MORE Power Iloilo: December Electricity Rates Reduction Iloilo City residents will see smaller utility bills this month. MORE Electric and Power Corp. (MORE Power) confirmed a significant electricity rates reduction for the December billing cycle. The company announced a 4.2% decrease in overall costs. This news offers much-needed financial relief…
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Economy on track to outgrow debt — DoF
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ECONOMIC GROWTH is on track to outpace the rise in the National Government’s (NG) debt, with borrowing costs expected to go down as global central banks cut interest rates, the Department of Finance (DoF) said on Monday. During the Development Budget Coordination Committee’s (DBCC) briefing before the House Committee on…
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PHL economy likely grew more than 6% in Q2 — Finance chief
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THE PHILIPPINE ECONOMY likely grew faster in the second quarter amid better state spending and increased household consumption, the Department of Finance (DoF) said. “If you’re talking about growth rate for the second quarter, I think we’re pretty optimistic. It will be higher than the first (quarter),” Finance Secretary Ralph…
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EBRD Approves €25 Million Loan To PBZ-Leasing Croatia For MSME And Green Economy Projects
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The European Bank for Reconstruction and Development (EBRD) has approved a senior loan of up to €25 million to PBZ-Leasing Croatia (PBZL) aimed at bolstering the local micro, small, and […] The post EBRD Approves €25 Million Loan To PBZ-Leasing Croatia For MSME And Green Economy Projects appeared first on…
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UNEP FI Launches Guidance For Banks To Operationalize Circular Economy And Sustainability Links
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The UN Environment Programme Finance Initiative (UNEP FI) has unveiled a series of groundbreaking resources aimed at guiding banks worldwide in integrating circular economy principles to combat climate change, nature […] The post UNEP FI Launches Guidance For Banks To Operationalize Circular Economy And Sustainability Links appeared first on SolarQuarter.
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NCR wage hike unlikely to hurt economy — NEDA
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THE NATIONAL Economic and Development Authority (NEDA) on Tuesday said the wage hike in Metro Manila would have little-to-no impact on growth targets, adding that it could be offset by an investment-driven expansion of the economy.
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Evaluating current prospects of the Philippine economy
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By Bjorn Biel M. Beltran, Special Features and Content Assistant Editor Though the Philippine economy remained robust in the face of global headwinds last year, for many, expectations had been tempered regarding its prospects. For the whole year, gross domestic product (GDP) growth was recorded at 5.6%, failing to meet…
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EBRD Partners With Komercijalna Banka AD Skopje To Boost Green Economy In North Macedonia
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The European Bank for Reconstruction and Development (EBRD) has announced its approval of a €3.5 million loan to Komercijalna Banka AD Skopje as part of the Western Balkans Green Economy […] The post EBRD Partners With Komercijalna Banka AD Skopje To Boost Green Economy In North Macedonia appeared first on…
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EBRD Launches €25.9 Million Green Economy Financing Facility In West Bank And Gaza
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The European Bank for Reconstruction and Development (EBRD) has unveiled the Green Economy Financing Facility (GEFF) Framework, designed to foster a low-carbon economy in the West Bank and Gaza. The […] The post EBRD Launches €25.9 Million Green Economy Financing Facility In West Bank And Gaza appeared first on SolarQuarter.