Items

• Tourism Development And Socio-Economic Opportunities In Selected Area Of Olango Island
• Economic Watch: 2019 in review: China remains "gold mine" for foreign investors
  As 2019 draws to an end, China is set to deliver solid economic results with expanding foreign investment inflow being one of the bright spots, revealing that it remains a major magnet for investors worldwide.
• Economic recovery unlikely this year - think tanks
  In a report responding to gross domestic product (GDP) figures for 2018, London-based Capital Economics said factors such as high interest rates, delayed passage of the 2019 national budget, and slowing export growth would drag on growth this year.
• DOF: MSME reform to improve Phl rating.
  The Philippines is included in the list of 42 economies that improved its Ease of Doing Business (EODB) score, it was able to implement regulatory reforms in 3 or more of the 10 indicators included in this year’s aggregate EODB score 2020 report. Philippines got an EODB score of 62.8 in the 2020 report, an improvement over its grade in the previous year of 57.68. Finance Secretary Carlos Dominguez III said that the Philippines will even do better in the next year’s ranking in the World Bank ‘Doing Business’ report with the anticipated full implementation of the new law expanding access to micro, small and medium enterprises (MSMEs) to lending facilities.
• PEZA, AFP agree on plan : defense industrial ecozones pushed
  The Philippine Economic Zone Authority (PEZA) and the Armed Forces of the Philippines (AFP) have agreed to pursue plans to establish a defense industrial economic zones or defense industrial complexes inside the military reservation areas.
• Oil largely unchanged after small increase in US crude inventories
  BENGALURU - Crude oil prices settled largely unchanged on wednesday after govenrment data showed a smaller - than - anticipated build in US crude inventories, countering weak economic data from tuesday.
• Agriculture lobby expects limited downside to RCEP signing delay
  Further delay in joining the Regional comprehensive Economic Partnership (RCEP) trade deal would be "prudent" in light of the struggles of the agriculture industry, with consequences of late joining expected to be mild, industry representative said.
• IMF head urges china to end masslockdowns
  IT IS time for china to move away from massive lockdowns and to ward a more targeted approach to covid-19, the head of the international monetary fund (IMF) said days after widespread protests broke out, a change that would ease the impact on the world economy already struggling with high inflation, an energy crisis and disrupted food supply.
• 'Another disappointing year of growth'
  The Philippines has yet to see the impact of the global coronavirus outbreak but its economic growth is seen to slow down this year as tourism and trade are heavily hit.
• Province, millers concur: 20-day quarantine of raw materials from Mindanao
  As part of the preventive measures against the spread of African swine fever (ASF), local feed millers and the Cebu Provincial Government have agreed to subject raw materials from Mindanao to a 20-day quarantine.
• China struggles to revive manufacturing
  Factories that make the world's smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China's economy.
• China suspends more penalties on US goods after trade truce
  China on Friday, Feb. 21, 2020, suspended more punitive tariffs on imports of US industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.
• Payoneer Global 2020 freelancer income survey: Top 10 jobs for would-be freelancers
  Today's gig economy--powered by social media, global marketplaces, and online payment platforms--equips the global workforce with all the tools needed to build a full-time career, a "side hustle", or extend their career post-retirement.
• Piñol challenges critics of poor agri contribution
  Agriculture Secretary Emmanuel Piñol has challenged those critical of the contribution of agriculture to the country's economic growth to stop the production of the sector to prove its poor performance.
• Worries over China virus affect market sentiment
  The growing fears on the 2019 novel coronavirus (2019 n-CoV) outbreak could likely hurt the global economy, with Philippine stocks looking to trade weak driven by various economic headwinds