Category Archives: Без рубрики

During the general membership meeting of Bank Marketing Association of the Philippines held on Tuesday, BSP Governor Benjamin Diokno said the country’s gross domestic product (GDP) is likely to shrink by 7 to 9 percent this year. Upon clarification, Diokno told The Manila Times in a message that the figure is “the BSP’s unofficial estimate based onContinue reading “Pacifica Holdings Inc Notice of Annual Meeting of Stockholders”

During the bi-annual meeting of the nine-person Advisory Council (where I serve as a member) of the Asian Development Bank Institute (ADBI) held early October, I raised the concern that the huge stimulus funds created by most countries to stave off economic recession due to the coronavirus disease 2019 (Covid-19) pandemic gave rise to twoContinue reading “Mining and economic recovery”

THE Department of Energy (DoE) will no longer accept new endorsement applications for the construction of greenfield coal power plants, pending a review of the country’s energy needs. In a statement on Tuesday, Energy Secretary Alfonso Cusi said the DoE’s the periodic assessment of the country’s energy requirements prompted them to declare a moratorium onContinue reading “DoE issues ban on new coal plants”

With the Philippines remaining under varying degrees of quarantine due to the coronavirus disease 2019 (Covid-19) pandemic, a new Economist Intelligence Unit study for TransUnion finds businesses’ shift to digital could be permanent. The report titled “New Dimensions of Change: Building Trust in a Digital Consumer Landscape,” released on Tuesday included responses from 1,610 executivesContinue reading “Shift to digital amid Covid could be permanent”

In line with its special focus to serve the needs of the country’s agriculture sector, the Land Bank of the Philippines (LandBank) reported that it had assisted over 2 million small farmers and fishermen (SFFs) nationwide. As of end-September, LandBank has assisted nearly 2.4 million SFFs, exceeding its full-year target of 2 million and moreContinue reading “LandBank: Over 2M farmers, fishermen assisted at end-Sept”

The Philippine Center for Postharvest Development and Mechanization (PHilMech) has distributed, as of October 21, 1,512 pieces of farm machinery nationwide that form part of the P5 billion worth of machines that were bidded out and purchased by the agency for 2019. In a virtual conference on Wednesday, PHilMech Executive Director Baldwin Jallorina said theContinue reading “PHilMech ups farm machine distribution”

Regionally, the document highlighted the tremendous effect of land reform and simple investments in rural regions including farm-to-market roads and agricultural enter subsidies within the Philippines, China, India, and Vietnam. One thrilling end result the examine located, however, that may have some relevance to the Philippines, is that during Central American international locations the usageContinue reading “Regionally, the document”

The record particularly checked out the effect of structural transformation (the reallocation of monetary interest past agriculture to encompass manufacturing and offerings) and rural transformation (the diversification of rural earning and profits in agricultural productiveness) on poverty discount. Major findings of the have a look at had been that nations that transitioned hastily out povertyContinue reading “The record particularly”

The awareness on rural and agricultural improvement is critical, the file stresses, because the incomes of 2.5 billion humans global nonetheless rely without delay on rural small farms which produce 80 percent of meals consumed in Asia and sub-Saharan Africa. “We wanted to have a look at the adjustments in the each day lifestyles ofContinue reading “The awareness on”

Rural and agricultural development, extra than just GDP boom as shown via the numbers, is the key to removing poverty in growing nations, in keeping with a brand new global examine launched this month by the International Fund for Agricultural Development (IFAD) nowadays. The Rural Development Report 2016, IFAD’s flagship publication, characterised itself as “aContinue reading “Rural and agricultural development”