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UN body revises world GDP forecast upwards

ISTANBUL: The United Nations Conference on Trade and Development (UNCTAD) has revised its world GDP (gross domestic product) forecast upwards from 2.5 percent to 2.7 percent for 2023 and from 2.5 percent to 2.6 percent for 2024.

“The risks that threa…

PPP to create efficient transport, economic growth in PH – DOTr

MANILA: Public-Private Partnership (PPP) projects bring efficiency in the transportation sector, leading to economic growth, Transportation Secretary Jaime Bautista said Wednesday.

Bautista cited aviation projects such as the rehabilitation of the Ni…

Pangasinan island village gets solar-powered water system

MALASIQUI: A PHP9.8 million worth solar-powered water system has been benefiting residents of Barangay Cabalitian Sual town, Pangasinan.

It has a solar-powered desalination water system and a polyethylene water tank reservoir aimed at enhancing water…