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Louella Desiderio
Louella Desiderio
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NEDA pushes for EO to strengthen RDCs’ role
by Louella Desiderio - May 5, 2024 - 12:00am
The National Economic and Development Authority is pushing for the issuance of an executive order aimed at strengthening the role of Regional Development Councils as part of efforts to achieve inclusive growth and...
Producer prices decline at slower pace in March
by Louella Desiderio - May 5, 2024 - 12:00am
Factory gate prices contracted at a slower pace in March from the previous month due mainly to the slower decline in the prices of petroleum products, according to the Philippine Statistics Authority .
Biz groups urge government to prioritize support for biotech crops
by Louella Desiderio - May 4, 2024 - 12:00am
Business groups are calling on the government to make providing support for biotechnology crops a priority as these can help achieve food security.
Gen Z more into buy now, pay later schemes – survey
by Louella Desiderio - May 4, 2024 - 12:00am
The use of buy now, pay later (BNPL) services is on the rise in the Philippines, with the biggest increase observed among Gen Z consumers, according to a study from global information and insights company Trans...
Motor vehicle output up 7.7 percent in Q1
by Louella Desiderio - May 4, 2024 - 12:00am
Motor vehicle output in the Philippines went up by 7.7 percent in the first quarter, making the country the second fastest growing market for vehicle production in Southeast Asia.
Factory activity expands at fastest pace in 5 months
by Louella Desiderio - May 3, 2024 - 12:00am
The country’s manufacturing sector in April expanded at the fastest pace in five months, supported by strong demand.
Philippines to discuss free trade deal with UAE
by Louella Desiderio - May 2, 2024 - 12:00am
The Philippines and the United Arab Emirates are set to begin talks for a Comprehensive Economic Partnership Agreement next week, with the completion of negotiations eyed within the year.
Government to conduct probe amid US concerns on fake drugs
by Louella Desiderio - May 2, 2024 - 12:00am
The Department of Trade and Industry and Intellectual Property Office of the Philippines plan to conduct an investi
NEDA pushes phaseout of single-use plastic
by Louella Desiderio - May 1, 2024 - 12:00am
The National Economic and Development Authority is pushing for the phaseout of single-use plastics and investments to improve waste management with the country’s total daily waste projected to rise to 194,138...
Philippines is top recipient of ADB aid in 2023
by Louella Desiderio - April 30, 2024 - 12:00am
The Philippines was the biggest recipient of financial assistance from the Asian Development Bank in 2023, securing around $8.4 billion.
SteelAsia secures P8.3 billion loan for Batangas steel mill
by Louella Desiderio - April 29, 2024 - 12:00am
SteelAsia Manufacturing Corp. has obtained a loan amounting to P8.3 billion from the Government Service Insurance System (GSIS), the Development Bank of the Philippines (DBP) and Philippine Business Bank (PBB) to...
Norway sees stronger economic ties with Philippines
by Louella Desiderio - April 29, 2024 - 12:00am
Norway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country...
Business groups urge government to review PUVMP
by Louella Desiderio - April 29, 2024 - 12:00am
The Philippine government must review the public utility vehicle modernization program (PUVMP) and its impact on the livelihood of drivers, operators and their families, according to several business and workers’...
DTI, DOLE partner to boost digital skills
by Louella Desiderio - April 28, 2024 - 12:00am
The Department of Trade and Industry and Department of Labor and Employment are pursuing initiatives to enhance the digital skills of the country’s workforce.
NEDA OKs contract changes in UP-PGH Cancer Center PPP
by Louella Desiderio - April 27, 2024 - 12:00am
The National Economic and Development Authority (NEDA) Board has approved the revised terms and cost of the Cancer Center public private partnership (PPP) project and two other initiatives intended to help accelerate...
NCR economy grows at slower pace in 2023
by Louella Desiderio - April 27, 2024 - 12:00am
Metro Manila’s economy grew at a slower pace of 4.9 percent in 2023 from 7.2 percent in 2022, according to the Philippine Statistics Authority.
Economy likely grew by 6.2 percent in Q1
by Louella Desiderio - April 27, 2024 - 12:00am
The Philippine economy is expected to have posted a 6.2-percent growth in the first quarter supported by gains in the labor market and manufacturing, as well as government spending, according to First Metro Investment...
Philippines remains out of US IPR watch list
by Louella Desiderio - April 27, 2024 - 12:00am
The Philippines was kept out of the US government’s list of countries with issues on intellectual property rights (IPR) enforcement for the 11th straight year.
BCDA remits P1.1 billion to government
by Louella Desiderio - April 26, 2024 - 12:00am
The Bases Conversion and Development Authority has remitted P1.1 billion in dividends to the national government to support efforts to drive economic growth.
Philippines digital economy expands by 7.7 percent in 2023
by Louella Desiderio - April 26, 2024 - 12:00am
The value of the Philippine digital sector went up by 7.7 percent to P2.05 trillion in 2023 from P1.9 trillion in 2022, according to the Philippine Statistics Authority.
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