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Lower import duties seen to boost PH output

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To bolster manufacturing and generate more jobs in this sector, the government is considering lowering import duties further, which may lead to reduced raw material and equipment costs.

Posted: June 26th, 2014 in Headlines | Read More »

PH to get $1B a year in WB aid

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The country’s fight against poverty is set to receive a major boost following the announcement of a new World Bank partnership with the Philippines that would result in more than $1 billion in aid finance every year until 2018.

Posted: June 14th, 2014 in Headlines | Read More »

Rizal Microbank’s lending receives support from IFC

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International Finance Corp., the private sector funding arm of the World Bank group, will team up with Davao-based Rizal Microbank to boost lending to small farmers with the goal of creating jobs and reducing poverty in Mindanao.

Posted: April 23rd, 2014 in Headlines | Read More »

Group urges passage of ‘competition law’

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Filipino food entrepreneurs display their products at the Sikat Pinoy National Food Fair at the SM Megatrade on March 28, 2014. The Philippine Chamber of Commerce and Industry has pressed the enactment of a Competition Law to further boost investments and employment as well as ensure inclusive growth.  PHOTO BY RICK ALBERTO

The Philippine Chamber of Commerce and Industry, the country’s biggest business organization, has pressed the enactment of a Competition Law to further boost investments and employment as well as ensure inclusive growth.

Posted: April 3rd, 2014 in Editor's Pick,Featured Gallery,Headlines | Read More »

PH to miss 2015 poverty-reduction goal

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Pedetrians walk past houses in a shantytown in Manila on July 5, 2013. The government has conceded that the Philippines will miss its 2015 Millennium Development Goal on poverty reduction.  AFP PHOTO/Jay DIRECTO

The government has conceded that the Philippines will miss its 2015 Millennium Development Goal on poverty reduction. Under the updated medium-term Philippine Development Plan, the government has reset its poverty rate target to a range of 20 to 23 percent by 2015, or higher than the 16.6 percent committed under the MDG.

Posted: February 26th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

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