(PAGASA 24-HOUR PUBLIC WEATHER FORECAST as of Friday, 19 April 2024) Easterlies affecting the country. 𝗙𝗒π—₯π—˜π—–π—”π—¦π—§ π—ͺπ—˜π—”π—§π—›π—˜π—₯ π—–π—’π—‘π——π—œπ—§π—œπ—’π—‘: Butuan City, Agusan del Norte, Agusan del Sur, Dinagat Islands, Surigao del Norte and Surigao del Sur will experience partly cloudy to cloudy skies with isolated rain showers or thunderstorms due to Easterlies. Possible flash floods or landslides during severe thunderstorms. 𝗙𝗒π—₯π—˜π—–π—”π—¦π—§ π—ͺπ—œπ—‘π—— 𝗔𝗑𝗗 π—–π—’π—”π—¦π—§π—”π—Ÿ π—ͺπ—”π—§π—˜π—₯ π—–π—’π—‘π——π—œπ—§π—œπ—’π—‘: Light to moderate winds coming from East to Northeast will prevail with slight to moderate seas (0.6 to 2.1 meters).

Monday, 11 September 2023

PH economic team to visit Middle East, Dubai

Following the successful run of the Philippine Economic Briefings (PEB) in Europe, Washington, D.C., Singapore, Japan, and Canada this year, the country’s economic team will run a non-deal roadshow and briefings to encourage investors in the Middle East to do business in the Philippines. 

The Philippine Dialogue is scheduled in Doha, Qatar on September 10, 2023, while the PEB will happen in Dubai, UAE on September 12, 2023.

For both programs, Department of Finance (DOF) Secretary Benjamin E. Diokno will deliver the keynote address, followed by Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman who will present the priority expenditures, especially on addressing climate change, ensuring sustainability, and maintaining infrastructure spending at 5 to 6 percent of GDP over the medium term. 

Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. will discuss the performance and outlook of the monetary, external, and financial sectors, while National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan will cover infrastructure investment and development.

The presentations will be followed by a panel discussion on the Philippine economic outlook and investment opportunities to be moderated by DBM Undersecretary Margaux Salcedo and HSBC Head of Communications in Middle East, North Africa, and Turkey Nick Edwards. 

The Economic Team will likewise engage in small group meetings with various banks, financial institutions, and other prospective investors from both countries. 

The event is co-organized by the BSP, DOF, the Philippine Embassy in Doha and Abu Dhabi, the Philippine Consulate General in Dubai, the Philippine Trade and Investment Center Dubai, Dubai Islamic Bank, Citi, Deutsche Bank, Goldman Sachs, HSBC, MUFG, Standard Chartered Bank, and other partners. 

Tune in to the Facebook page of DBM Philippines (https://www.facebook.com/DBMgovph) for the livestream of the Philippine Dialogue on September 10, 2023, Sunday, at 2:30 PM Manila time (9:30 AM Qatar time), and the PEB on September 12, 2023, Tuesday, at 1:00 PM Manila (9:00 AM Dubai time). (DBM)/PIA-Caraga)