Efforts to adopt “circular economy” principles face constraints in the Philippines because fundamental practices like the management of household waste have not taken hold, the United Nations Development Programme (UNDP) said. | BusinessWorld

bworldonline.com/economy/2024/0…

The government must extend the life of the Rice Competitiveness Enhancement Fund (RCEF) while adding programs promoting the use of hybrid seed to enhance productivity, analysts said. | BusinessWorld

bworldonline.com/economy/2024/0…

JUST IN: Cavite Rep. Elpidio F. Barzaga, Jr., 74, has died, his office announced Saturday, March 27.

He died in California, United States on Saturday afternoon (Philippine time), according to his office. | BusinessWorld

The National Economic and Development Authority (NEDA) expressed its support for removing nontariff barriers in food imports, saying domestic production is inadequate in curbing inflation, Secretary Arsenio M. Balisacan said. | BusinessWorld

bworldonline.com/economy/2024/0…

A system of accounting to determine the value of natural resources helps countries arrive at sound investment decisions and aids in determining liability in the event of environmental damage. | BusinessWorld

bworldonline.com/economy/2024/0…

The Philippines lags behind some of its Southeast Asian neighbors in terms of readiness in developing 'smart tourism' ecosystems, hampered by high internet costs and accessibility issues in rural areas, the Asian Development Bank (ADB) said. | BusinessWorld

bworldonline.com/top-stories/20…

Infrastructure spending jumped by 27% in February as the government ramped up road and defense modernization projects, the Department of Budget and Management (DBM) said. | BusinessWorld

bworldonline.com/top-stories/20…

Headline inflation is unlikely to accelerate in April amid the harvest season, although risks from the El Niño dry spell remain, a National Economic and Development Authority (NEDA) official said on Monday. | BusinessWorld

bworldonline.com/top-stories/20…

Consumer spending has yet to return to its pre-pandemic growth track amid sticky inflation and “smaller policy support” for households, according to Moody’s Analytics. | BusinessWorld

bworldonline.com/economy/2024/0…

The government of New Zealand has committed $25 million to the Asian Development Bank’s (ADB) Energy Transition Mechanism Partnership Trust Fund (ETMPTF) in support of Southeast Asia's shift towards clean and sustainable energy. | BusinessWorld

The “decoupling” of the US and Chinese economies could affect Philippine trade as manufacturers rely on demand from both countries, with China also being a key source of imports, according to Moody’s Analytics. | BusinessWorld

bworldonline.com/economy/2024/0…

Philippines domestic demand could ease this year as remittance inflows are muted by reduced overseas hiring, Pantheon Macroeconomics said. | BusinessWorld

bworldonline.com/top-stories/20…

Calamity funds worth P3.41 billion have been released as of end-March to fund relief operations and repairs to infrastructure that had sustained typhoon damage, the Department of Budget and Management (DBM) said. | BusinessWorld

bworldonline.com/economy/2024/0…

Slower growth in major economies like China, as well as ongoing wars and elevated inflation threaten growth among International Development Association (IDA) borrowers, which account for more than half of the world’s poorest people. | BusinessWorld

bworldonline.com/economy/2024/0…

The Monetary Board (MB) approved $2.87 billion in public-sector foreign borrowings in the first quarter, 48% lower year on year, the Bangko Sentral ng Pilipinas (BSP) said in a statement on Monday. | BusinessWorld

bworldonline.com/economy/2024/0…

China Bank Savings (CBS), the thrift arm of listed China Banking Corp. (China Bank), booked a record net income in 2023, it said on Monday. | BusinessWorld

bworldonline.com/banking-financ…

The Asian Development Bank (ADB) cut its growth forecast for the Philippines to 6% this year, as elevated food prices continue to stoke inflation. | BusinessWorld

bworldonline.com/top-stories/20…

The government must enhance science education and review labor policies to suit the changing needs of the young workforce, analysts said. | BusinessWorld

bworldonline.com/economy/2024/0…