World Bank: PHL growth recovery depends on gov’t spending

World Bank: PHL growth recovery depends on gov’t spending

MANILA (Mabuhay) – The economic growth of the Philippines in the next two years will depend heavily on government’s ability to boost spending, according to the World Bank. The Washington-based lender said that while strong domestic demand will continue to drive the country’s overall economic growth, it will be public spending that will influence growth. […]

09.10.2014 · Filled under: Philippine News ·
PHL, France agree to continue addressing climate change

PHL, France agree to continue addressing climate change

PARIS, France  (Mabuhay) – The Philippines and France have agreed on the need for concrete and effective results for climate talks in order to move forward efforts in dealing with the threats of climate change. During a bilateral meeting between President Benigno Aquino III and French Republic President Francois Hollande here on Wednesday, both leaders […]

19.09.2014 · Filled under: World News ·
PHL, France agree to continue addressing climate change

PHL, France agree to continue addressing climate change

PARIS, France, Sept 18 (Mabuhay) – The Philippines and France have agreed on the need for concrete and effective results for climate talks in order to move forward efforts in dealing with the threats of climate change. During a bilateral meeting between President Benigno Aquino III and French Republic President Francois Hollande here on Wednesday, […]

18.09.2014 · Filled under: World News ·
PHL economy to grow 7-7.5% in 2014 – Metrobanks FMIC

PHL economy to grow 7-7.5% in 2014 – Metrobanks FMIC

MANILA (Mabuhay) – Despite the natural calamities last year, higher spending by the government and private sectors to fund the reconstruction of damaged areas will sustain the growth momentum this year, First Metro Investment Corp., the investment banker of the Metrobank Group said Monday. While the Philippines suffered the devastation wreaked by storms and earthquakes, […]

07.01.2014 · Filled under: Philippine News ·
New US Ambassador assures of continued support in ‘Yolanda’ rehab

New US Ambassador assures of continued support in ‘Yolanda’ rehab

MANILA (Mabuhay) – New United States Ambassador to the Philippines ,Philip S. Goldberg on Monday reassured the Philippines of his country’s continued support in efforts to recover from super typhoon “Yolanda” (Haiyan). Goldberg, who presented his credentials to President Benigno S. Aquino III, said that while there may be a decrease in military presence, the US […]

05.12.2013 · Filled under: Philippine News ·
Unfilled govt positions to remain vacant to finance P20B rehab for Yolanda, etc – Sen. Chiz

Unfilled govt positions to remain vacant to finance P20B rehab for Yolanda, etc – Sen. Chiz

MANILA (Mabuhay) – The Senate will not allocate money for unfilled government positions to save about P20 billion so that government can finance the reconstruction and rehabilitation of areas devastated by typhoon Yolanda and other calamities, Senator Francis “Chiz” Escudero said Monday. This will be done as the Senate finance committee submits the proposed P2.3-trillion […]

29.11.2013 · Filled under: Philippine News ·