The POLITICO race to watch: Alaska House
Candidates: Democratic Rep. Mary Peltola, Republican Nick Begich, Democrat Eric Hafner and Alaska Independence Party candidate John Wayne Howe Ad spending since Labor Day: $15.7 million for Democrats, $11.9 million for Republicans Past results: Peltola won the special election to
Budget gap widens in September
THE NATIONAL Government’s (NG) budget deficit widened to P273.3 billion in September, as revenues and expenditures posted double-digit growth, the Bureau of the Treasury (BTr) said on Thursday. Latest data from the Treasury showed the fiscal gap rose by 8.9% in
Fitch sees below-target growth for Philippines
By Luisa Maria Jacinta C. Jocson, Reporter THE Philippines’ gross domestic product (GDP) growth this year may fall below the government’s target amid dampened household spending, Fitch Ratings said. “We expect the Philippines’ economy to expand by 5.5% in 2024, after 5.5%
Electronics industry targets 5% increase in exports next year
By Justine Irish D. Tabile, Reporter THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said that it is expecting a 5% growth in exports next year amid inventory correction and the expected entry of new investments. “We maintained
Manila still 3rd cheapest for prime office rent in Asia-Pacific
MANILA remained the third most affordable city for prime office rents in the Asia-Pacific region in the third quarter, according to real estate consultancy Knight Frank. On an annual basis, Manila’s occupancy cost fell by 1.7%, slightly below the average 2.5%