Global banking giant JP Morgan Chase expects the Philippines, with its consumer-driven and service-oriented economy, to sustain its favorable growth momentum despite the slew of tariffs that are rattling manufacturing hubs worldwide.
The Philippines' goal of jacking up clean power generation has gained strong financial support as the World Bank (WB) approved an $800-million loan targeted for energy transition.
The government's budget deficit hit P171.4 billion in February, widening by 4.11 percent from the P164.7 billion recorded in the same month last year as rising expenditures outpaced revenue growth.
A business partnership can be likened to a marriage, where each partner only wants the best for the other and both are committed to making a success of their union. In this sense, George T. Yang and McDonald's are a happily wedded couple that are about to renew their vows.
The value of investments approved by the Philippine Economic Zone Authority (PEZA) more than doubled in March, with nearly 4,800 new jobs expected from new business ventures and expansions.
By Alden M. Monzon
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