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Louella Desiderio
Louella Desiderio
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Philippines-founded BPO lists on Canadian stock exchange
by Louella Desiderio - July 17, 2026 - 12:00am
Asiatel Outsourcing Inc. made its debut on the TSX Venture Exchange on July 14, making it the first Philippine-founded outsourcing firm to list on the Canadian exchange.
World Bank lending program for Philippines intact despite UMIC upgrade
by Louella Desiderio - July 17, 2026 - 12:00am
The country’s recent ascent to upper-middle income country status will not affect the World Bank’s lending program for the Philippines.
BOI certifies P351 billion green investments
by Louella Desiderio - July 15, 2026 - 12:00am
 The Board of Investments has certified P351.02 billion worth of investments under the green lane initiative in the first half, enabling the projects to benefit from streamlined permit processing.
Philippines hopes to conclude FTA talks with Canada in November
by Louella Desiderio - July 15, 2026 - 12:00am
The Philippines is looking to conclude negotiations for a free trade agreement (FTA) with Canada by November, according to the Department of Trade and Industry.
IT-BPM industry lowers outlook
by Louella Desiderio - July 15, 2026 - 12:00am
The umbrella organization of the country’s Information Technology-Business Process Management (IT-BPM) sector has lowered its revenue and headcount projections for 2028 amid the changing industry landscap...
Government targets P4.5 trillion investment approvals under new SIPP
by Louella Desiderio - July 14, 2026 - 12:00am
The government aims to approve P4.5 trillion worth of investments under the new Strategic Investment Priority Plan  for 2026 to 2028, according to the Board of Investments.
BOI-approved investments up 21 percent in H1
by Louella Desiderio - July 13, 2026 - 12:00am
Investment commitments approved by the Board of Investments (BOI) rose by more than a fifth in the first half from a year ago, reflecting investor confidence in the country’s economic fundamentals and growth...
US DFC eyes investments in Philippine transport, energy, mining
by Louella Desiderio - July 12, 2026 - 12:00am
The US International Development Finance Corp. (DFC) is looking at potential investments in the Philippines in the areas of transport infrastructure, energy and mining under its $205 billion investment program....
Philippines ranks 3rd in intangible investment growth – WIPO
by Louella Desiderio - July 12, 2026 - 12:00am
The Philippines ranked as the world’s third fastest-growing economy for intangible investments, according to a report from the World Intellectual Property Organization (WIPO).
Pax Silica gains pace as United States, Philippines push AI hub
by Louella Desiderio - July 11, 2026 - 12:00am
The United States and the Philippines are eager to move fast on building an artificial intelligence (AI) industrial hub in New Clark City under the Pax Silica initiative, that will help position the latter as a significant...
Power spot market prices jump in June
by Louella Desiderio - July 10, 2026 - 12:00am
Electricity prices in the spot market went up in June amid tight supply, according to the Independent Electricity Market Operator of the Philippines.
IMF, ADB lower Philippines growth outlook
by Louella Desiderio - July 9, 2026 - 12:00am
Multilateral lenders International Monetary Fund and the Asian Development Bank  slashed their growth forecasts for the Philippines for the next two years, citing the weaker-than-expected first-quarter performance...
Jobless rate up to 4.8% in May
by Louella Desiderio - July 9, 2026 - 12:00am
Unemployment went up in May from the previous month while underemployment declined, according to the Philippine Statistics Authority.
Factory output growth eases in May
by Louella Desiderio - July 8, 2026 - 12:00am
Growth in Philippine factory output eased in May from the previous month, driven mainly by the lower production of transport equipment and chemicals.
Inflation cools to 6.4% in June
by Louella Desiderio - July 8, 2026 - 12:00am
Inflation eased for the second straight month in June, driven by slower increases in transport and food costs, but the Bangko Sentral ng Pilipinas remains on guard.
GDP needs to grow 3.7% in next 3 quarters to hit target this year – DEPDev
by Louella Desiderio - July 7, 2026 - 12:00am
The Philippines will need to post at least 3.7 percent growth in the next three quarters to achieve the revised growth target for the year, according to the Department of Economy, Planning and Development.
Philippines sees gains in most SDGs, but slips in health, disaster risks
by Louella Desiderio - July 7, 2026 - 12:00am
The Philippines has made progress in more than half of the Sustainable Development Goals, but has deteriorated in terms of health and disaster risks, according to the Philippine Statistics Authority.
Upper-middle income status to fuel foreign investment surge – DTI
by Louella Desiderio - July 7, 2026 - 12:00am
The country’s recent transition to upper-middle income status is expected to drive more foreign investments to the country, according to the Department of Trade and Industry.
‘Philippines economy likely grew 2.6% in Q2’
by Louella Desiderio - July 5, 2026 - 12:00am
The Philippine economy likely grew at a slower pace in the second quarter due to the impact of high inflation and recent headwinds, including the Middle East conflict, on economic activity, according to the University...
Philippines income upgrade raises investor bar
by Louella Desiderio - July 4, 2026 - 12:00am
The Philippines’ move to the upper-middle income grouping has raised investor standards for the country, making it necessary to undertake more reforms to improve ease of doing business and enhance competi...
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