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News
Caught in a squeeze: Taningco says oil shock puts Q3 growth at risk
1+ week, 12+ hour ago (275+ words) BY EDISON JOSEPH GONZALES The latest oil shock is threatening to squeeze the Philippine economy from both sides: businesses are facing higher costs while consumers are already pulling back, creating downside risks for third-quarter growth, according to Security Bank chief…...
Ateneo economist Dumlao: Inflation could hit 7.4% as oil prices climb again - BILYONARYO NEWS | BNC
1+ week, 1+ day ago (416+ words) BY EDISON JOSEPH GONZALES Inflation could climb to about 7.4 percent in September as oil prices rebound, threatening to deepen the squeeze on Filipino households even after consumer-price growth eased slightly in August. Dr. Luis Dumlao, associate professor at the Department…...
Casiño sounds alarm over Pax Silica’s 90M-liter daily water demand
1+ week, 5+ day ago (466+ words) Former Bayan Muna Rep. Teddy Casiño on Wednesday raised concerns over the potential environmental and social impact of the proposed 1,620-hectare Pax Silica hub in New Clark City in Tarlac province, particularly its projected consumption of up to 90 million liters…...
Building multiple income streams and making your first million | Kate Crisostomo | Follow The Money - BILYONARYO NEWS | BNC
1+ week, 5+ day ago (132+ words) Building multiple income streams and making your first million | Kate Crisostomo | Follow The Money bnc.bilyonaryo.com Building multiple income streams and making your first million | Kate Crisostomo | Follow The Money Join us on “Follow The Money” with Robert Tan....
Thanks, but we’ll keep it local: Filipino couple rejects multinational offer for coconut wound-care technology
1+ week, 6+ day ago (614+ words) BY EDISON JOSEPH GONZALES A coconut has long been many things in the Philippines – food, drink, fuel and a raw material for crafts. For Dr. Acel Pauline Ampong-Chicano and her husband, Denver Chicano, it became the basis of a wound-care…...
Italy's population to shrink by 4 million by 2050, stats agency says
2+ week, 4+ hour ago (284+ words) ROME, Aug 31 (Reuters) – Italy’s population will shrink by almost 4 million by 2050, undermining the sustainability of its economy and welfare system as the proportion of elderly people increases, national statistics bureau ISTAT warned on Monday. In new demographic projections extending to…...
Yamsuan seeks funding safeguard for CHEd as Congress eyes travel tax repeal
2+ week, 6+ hour ago (437+ words) Parañaque City Rep. Brian Yamsuan has called for alternative funding sources for the Commission on Higher Education (CHEd) should Congress enact a measure abolishing the travel tax, which has bankrolled part of the agency’s funding. CHEd, which was tasked with…...
Elago slams BSP chief for blaming Filipinos’ ‘consumption culture’ for weak peso
2+ week, 1+ day ago (261+ words) House Assistant Minority Leader and Gabriela Women’s Party Rep. Sarah Elago criticized Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. for blaming Filipinos’ tendency to spend rather than save, contributing to the weakening of the peso. Elago said the…...
Youth financial inclusion gains momentum as student-led BSP initiative expands in Visayas
2+ week, 5+ day ago (318+ words) BY EDISON JOSEPH GONZALES More than 500 transaction accounts were opened during a Youth Financial Inclusion (YFI) onboarding event at Southern Leyte State University, giving young participants an important first step toward accessing formal financial services through a student-led initiative backed…...
Balisacan: 3-quarter public investment slump helped slow Philippine growth - BILYONARYO NEWS | BNC
2+ week, 6+ day ago (378+ words) BY EDISON JOSEPH GONZALES The economic slowdown has been tied in part to a sharp contraction in public investment that has lasted for three quarters, according to Secretary Arsenio Balisacan of the Department of Economy, Planning and Development (DEPDev). Balisacan…...