Weak economy feared to linger

View in browser   |   Shop Inquirer August 22, 2023 Weak economy feared to linger into current quarter​​ Philippine gross domestic product may contract again sequentially or quarter-on-quarter during the current July to September period, raising the prospect of "a modest technical recession" for the country, according to Pantheon Macroeconomics.  By Ronnel W. Domingo ERC set to tweak transmission rates in Q3 The Energy Regulatory Commission (ERC) promised to complete in the third quarter of the year an assessment of the "fairness of transmission and distribution rates" passed on to consumers.  By Meg J. Adonis Businesses urged to start 'fresh' in amnesty trade-off as filing deadline looms The Securities and Exchange Commission (SEC) is urging corporations and associations that have failed to submit their annual reports to avail of an amnesty program or face higher penalties starting Oct. 1 this year. The corporate watchdog said around 40,000 companies had already filed their amnesty applications, although it was unclear how many entities were still noncompliant. There are over 600,000 active corporations registered with the SEC. By Miguel R. Camus Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Spotlight on the President​ If plans don't miscarry, President Marcos will have his time in the spotlight during the Asia-Pacific Economic Cooperation Leaders' Meeting that will run from Nov. 12-18 this year in San Francisco, California. Informed sources tell Biz Buzz that the President will be one of the main speakers during the high-level meeting hosted by the United States that is expected to be attended by leaders of the 21 member-economies of APEC. By Tina Arceo-Dumlao INQUIRER PLUS-EXCLUSIVE GSIS to scale up housing investments The Government Service Insurance System is adding greater emphasis on its support for the Marcos administration's Pambansang Pabahay Program as part of a strategy to maintain the pension fund's growth momentum.  By Ronnel W. Domingo Try Inquirer Plus. Inquirer Plus is the digital version of the Philippine Daily Inquirer. Register for a 30-day trial for free to get access to Inquirer's fearless reporting, app-exclusive stories, and archives. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2023 PHILIPPINE DAILY INQUIRER, Barangay Tejeros, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime