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THE Philippines’s first steel section plant, which will start producing beams and bars next year, is expected to bring down construction costs and generate tens of thousands of jobs for Filipinos as the industry reduces dependence on imported steel, according to SteelAsia Manufacturing Corp. According to SteelAsia Chairman and CEO… ....
LIFTING the poor from poverty takes time and has been complicated by the pandemic which cost the economy three year’s worth of growth, according to the National Economic and Development Authority (Neda). In a briefing on Wednesday, Socioeconomic Planning Secretary Arsenio M. Balisacan said it has taken the economy 1.5… ....
THE country’s recent employment gains may have allowed the Philippine economy to grow above 6 percent in the last quarter of 2023, according to a local economist. On the sidelines of a recent economic briefing, University of Asia and the Pacific (UA&P) economist Victor A. Abola said growth may have… ....
THE Philippines needs to stock up on its dollar reserves to ensure that its Gross International Reserves (GIR) is “keeping up” with the country’s debts, according to a local economist. In his presentation at the First Metro Investment Corp. (FMIC)-University of Asia and the Pacific (UA&P) economic briefing on Wednesday,… ....