Economist: PH Still Economic Powerhouse In Asean

Economist: PH Still Economic Powerhouse In Asean

Spotlight

PAGEONE Group CEO Included As Expert In The Social Media Trends 2021 Global Report

PAGEONE Group CEO Ron F. Jabal, APR included as one of the industry experts in the Social Media Trends 2021 Global Report by Talkwalker and Hubspot.

Transport Coop. Provides More Than 25k Free ‘Green Cards’ For Cashless Transactions

A transport cooperative operating in Las Piñas provides 25,735 passengers with the means to safely board and ride their solar electric jeepneys along the route of Alabang to Zapote.

The Importance Of Deepening Ties And Friendship On Online English Education

51Talk hosts the 2020 Sino-Philippines Educational Exchanges in celebration of the 45th anniversary of the founding of bilateral relations between the Philippines and China.

DBP Backs Public Transport Sector Recovery

DBP is working closely with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) in finding financial solutions to aid the country's transportation sector due to the difficulties presented by the pandemic.

A Kuala Lumpur-based economist said the Philippines remains an economic powerhouse in Southeast Asia amid the challenges due to the coronavirus disease (Covid-19) pandemic.

Juwai IQI chief economist Shan Saeed told the Philippine News Agency that the country’s demographics and government’s efforts to keep its strong macroeconomic fundamentals help the economy to withstand the impacts of the global health crisis.

“At Juwai IQI, we strongly believe that Philippines remains an economic powerhouse and rising star in Asean region due to her vibrant economy, educated and productive youth, and above all, government is in total control of the economy to keep economic progression in order to benefit the masses at the macro level,” Saeed said in an e-mail.

Saeed underscored the biggest advantages of the country, which include productive labor force, improving infrastructure, more foreign direct investments, as well as currency and market stability.

“(The) Philippine government looks totally committed to bring about economic and structural reforms to maintain macroeconomic stability for the country,” he added.

Philippine Statistics Authority data showed that unemployment rate in July slowed down to 10 percent from 17.7 percent in April, at the height of the community quarantine measures in the country.

The domestic manufacturing’s performance has been improving since recording the lowest purchasing managers’ index (PMI) in March at 27.7, far from the 50-benchmark which means stable manufacturing sector.

Manufacturing PMI in August was at 47.3.

Acting Socioeconomic Planning Secretary Karl Kendrick Chua also expects the country’s gross domestic product (GDP) to improve in the third quarter compared to the 16.5-percent slump in the second quarter of 2020.

President Rodrigo Duterte also signed early this month the Bayanihan 2 that allocated PHP165 billion to fund projects and programs for economic recovery.

“It’s not easy but (the) government is trying its best under President Duterte who is working hard to put the country back on growth trajectory in order to attract investments, not only from foreigners but locals as well. Maintaining healthy GDP is the strong focus of the government at present,” Saeed said. (PNA)

Manila Churches Ready To Accept More Attendees

Catholic churches in Manila are ready to accept more churchgoers as the city government approved an increase in the number of people that would be allowed to attend religious gatherings.

DOH Cites Ways To Avoid ‘Quarantine Fatigue’

Fed up with the cabin fever? Here are some ways on how you can cope with it:

Caltex And 7-Eleven Announce Holiday Rewards Promo

Gassing up at Caltex stations is made more rewarding with its new 7-Eleven Philippines partnership!

Pandemic Parenting: Education In The New Normal

With the newly introduced distance learning, these parents remain resilient in facing the challenges brought about by it.

N. Ecija Farmers Find Viable Market For Tons Of Harvested Squash

Some vegetable farmers in Nueva Ecija have found viable markets to sell their tons of harvested squash.

Roque: DepEd May Only Be Discouraging Minors From Joining Rallies

Pabor ka bang sumali sa peaceful assemblies ang kabataan?

Angeles City Gives 3.2K More Tablets To Public School Learners

Angeles City distributes 3,193 tablets to five public schools in the city as part of efforts to help learners shift to online learning.

Gov’t Work Suspended In Maguindanao Town Due To Floods

Work at the municipal hall of Pagalungan in Maguindanao was suspended on Thursday as the town’s government center remains submerged in floodwaters.

Dental Clinic Gives Glimpse Of New Normal

Here's what you should expect in dental clinics in the new normal:

5K Cebu Learners Benefit From Milk Feeding Program

The Philippine Carabao Center-Ubay Stock Farm and the Department of Agriculture in Central Visayas kicks off a school-based milk feeding program in the southern city of Carcar, Cebu, benefiting nearly 5,000 learners.