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May 7, 2023

Expert cites vital role of infra in bringing down food prices

An economic development expert and member of the Bangko Sentral ng Pilipinas (BSP) policy-making Monetary Board (MB) recognizes the vital role of infrastructure projects under the ‘Build Better More’ program in bringing down prices of food products, t…

Economist sees GDP growth at 6% in Q1

The Philippine economy likely grew by 6 percent in the first quarter of the year, mainly driven by consumer spending, according to an economist. In a report, Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said lower indiv…

Estate tax amnesty extension lifeline for pandemic-hit sectors

The clock is ticking and the Senate needs to pass an important bill seeking to extend the estate tax amnesty period for two more years. Deputy Speaker and Batangas 6th District Rep. Ralph Recto said in a news release on Sunday that his ‘former classma…

Speaker: End of global emergency to sustain PH economy

The lifting of the Covid-19 emergency declaration by the World Health Organization (WHO) will reopen more economic opportunities that could lead to the country’s sustained growth, House Speaker Martin Romualdez said on Sunday. The Speaker welcomed the…

President Thongloun concludes state visit to Cambodia

President Thongloun Sisoulith led a high-ranking delegation to Cambodia for a state visit to the kingdom in response to the invitation of King Norodom Sihamoni between May 4 and 5.The President arrived in Phnom Penh on May 4 and met with King Norodom …

32nd SEA Games kicks off

The 32nd Southeast Asian (SEA) Games was officially kicked off with a grand opening ceremony in Phnom Penh, Cambodia on the evening of May 5.The biggest sport event of the Southeast Asian region will run till May 17.The opening was attended by Prime M…