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PES in the News
View also the Latest News and Events section to follow the latest official news, press releases and events and learn more about the activities and initiatives of the organization.
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November 10, 2020The country’s chief economist on Monday said resuming businesses up to full capacity would fast-track economic recovery before year’s end as availability of more jobs would also ...Read more
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November 10, 2020State statisticians on Monday lowered the official second quarter gross domestic product (GDP) contraction to -16.9 percent from the earlier -16.5 percent. “Major contributors to the revision ...Read more
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November 10, 2020President Rodrigo Duterte will most likely place the entire Bicol region, Mimaropa, and Calabarzon under a state of calamity due to the damage caused by super typhoon ...Read more
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November 10, 2020MOTORCYCLE taxi operators are set to resume their operations in Metro Manila, Cebu and Cagayan de Oro once minimum health and safety protocols that will guide the ...Read more
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November 9, 2020MANILA – Banks need to further increase their lending activities and fiscal measures should be expanded to help boost economic recovery, a former central bank official said. ...Read more
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August 28, 2020HISTORIAN and economist Benito Legarda, Jr., a man widely known as the authority on the Second World War and the Japanese Occupation of the Philippines and former ...Read more
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August 6, 2020THE worst recession in the country’s history could cause more people to lose their jobs and swell the ranks of the poor, local economists said on Thursday ...Read more
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July 8, 2020LOCAL economists said the recent increase in inflation is not yet a clear indication that domestic demand has indeed recovered or is recovering from the lockdowns imposed ...Read more
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May 6, 2020THE prices of local goods and commodities will grow slower than earlier expected for the year, the Bangko Sentral ng Pilipinas (BSP) said after the Philippine Statistics ...Read more
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May 5, 2020AN economist-lawmaker on Monday revealed that the country loses around P18 billion for each day of lockdown, especially amid coronavirus fears that would hinder an effective reopening ...Read more
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May 5, 2020Businessman Manuel V. Pangilinan said more investments in the country’s telecommunications infrastructure to cope with the so-called “New Normal,” as companies roll out strategies that will shield ...Read more
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May 4, 2020PROPOSED spending measures laid out in the stimulus bill currently in Congress will increase the budget deficit as a proportion of Gross Domestic Product (GDP) to about ...Read more