Pax Silica's lease income is expected to significantly outweigh the costs of managing the proposed New Clark City hub if it proceeds, though economic managers state it is not yet in the proposed 2027 budget and nothing is final.
Economic managers in the Philippines have lowered the country's growth outlook for the year, citing heightened domestic and external uncertainties including governance issues and geopolitical tensions.
The Philippine government and its economic managers are defending their decision to limit the suspension of fuel excise taxes, while lawmakers and business groups continue to push for broader tax reliefs and expanded fuel subsidy programs to address rising prices. Discussions also include the implementation and allocation of existing fuel subsidies.
PAKISTAN’S economic managers repeatedly tout improvements in macroeconomic indicators, including rising foreign exchange reserves, a stable currency, contained inflation and the current account surplus achieved last year. But a closer look at both numbers and public sentiment reveals a more complicated reality.
State Bank Governor Jameel Ahmad’s disclosure that the central bank purchased $24bn from the market over the past three years to build foreign exchange reserves offers an important ins...
Nigerian economic managers and business leaders are convening to discuss sustained reforms, private sector investment, and fiscal-monetary coordination to boost the nation's economy.
Pakistan's economic managers are focusing on improving macroeconomic indicators, easing inflation, and signs of recovery, with discussions likely including the minimum wage.
Economic managers in the Philippines are scheduled to meet and present President Marcos with proposals to address soaring oil prices and mitigate the impact of the Middle East war on the country.
A crucial tariff decision has been delayed due to the absence of key officials, with economic managers emphasizing the necessity for movers of the summary to be present at the meeting.
A proposed Kalinga Bill aimed at addressing rising inflation in the Philippines has gained backing from economic managers, though some lawmakers view it as a temporary measure.
ASEAN economic managers are set to discuss strengthening cross-border digital payments and improving the mobility of digital workers, as the region's digital economy is projected to reach $2 trillion by 2030.