(PAGASA 24-HOUR PUBLIC WEATHER FORECAST as of Friday, 08 December 2023) Easterlies affecting the eastern section of the country. Northeast Monsoon affecting Extreme Northern Luzon. Butuan City, Agusan del Norte, Agusan del Sur, Dinagat Islands, Surigao del Norte and Surigao del Sur will experience cloudy skies with scattered rainshowers and thunderstorms due to Easterlies. Possible flash floods or landslides due to moderate to at times heavy rains. Light to Moderate winds coming from East to Northeast will prevail with slight to moderate seas (0.6 to 2.1 meters).


Thursday, 16 November 2023

PBBM showcases strong PH economy in San Francisco

President Ferdinand R. Marcos Jr., together with the country’s economic team, will showcase the strong Philippine economy which grew to 5.9 percent in the third quarter of 2023, during the Philippine Economic Briefing (PEB) in San Francisco, California on November 15 (PST).

This is in line with the administration’s goal of securing an inclusive and sustainable economy, following the themes of the 30th Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit to be attended by the President.

This is the fourth PEB of the PBBM administration in the United States of America, following the successful runs in Europe, Singapore, Japan, Canada, and the Middle East.

Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman will present the priority expenditures for next year in line with the Philippine Development Plan 2023-2028, as well as key budget reforms.
 
Secretary Pangandaman will join Department of Finance (DOF) Secretary Benjamin E. Diokno, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr., and National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan in the panel discussion titled “The Philippine Economic Development: Charting the Course to the Future,” to be moderated by DBM Undersecretary Margaux V. Salcedo and Michael Paulus, Managing Director in Asia of Citigroup.

Other secretaries of the Economic Development Group (EDG) will also take part in moderated panel discussions on the “Transformation of the Philippine Landscape through the Build-Better-More Program” and “Advancing the Future with lndustry, Technology, and lnnovation.”

The economic team will likewise engage in small group meetings with various banks, financial institutions, and other prospective investors from the U.S.

The PEB is co-organized by the BSP, DOF, Philippine Consulate General in San Francisco, Philippine Embassy in Washington, DC, the Philippine Trade and Investment Center San Francisco, Bank of America, Citi, DBS/ICCP, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Standard Chartered Bank, UBS, and other partners. (DBM/PIA-Caraga)