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News
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Charter change gets support of citizens and 256 local officials
At least 256 local chief executives have expressed their support for President Rodrigo Duterte’s push to change the 1987 Philippine Constitution, the Interior and Local Government department said. The task force last week submitted its second set of proposed changes to the Charter to the House constitutional amendments committee. It wants to strengthen political parties, ban turncoats and political dynasties as part of charter change.
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PH growth seen as ‘exception’ in region
Philippine economic growth will be an “exception” in a region feeling the effects of the US-China trade war, Nomura Global Markets Research said in a report, adding that its forecasts for Philippine economic growth are “above consensus” at 6% in 2019 and 6.7% in 2020. Nomura Global said the “Philippines has fared relatively better” than some of its neighbors that were affected by the US-China trade war, which resulted in scaled-back growth forecasts for Singapore and Thailand.
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