Tag page - GDP growth

The Philippine Statistics Authority’s announcement that the country achieved a 7.6 percent growth in gross domestic product (GDP) in 2022 affirms that, despite high inflation rates, the economy is on track in regaining its pre-Covid pandemic footing. This improves on the 5.7 percent growth in...

Senate President Juan Miguel “Migz” Zubiri on Thursday, January 26 welcomed the news of the Philippines’ latest gross domestic product (GDP) growth calling it as a “remarkable success” and credited the efforts of President Ferdinand “Bongbong” Marcos Jr.’s administration for such...

The country’s gross domestic product (GDP) grew by 8.3 percent in the first quarter of 2022, higher than the 7.8 percent growth achieved in the fourth quarter of the previous year, and a significant reversal of the 3.8 percent decline a year ago. According to Socioeconomic Planning Secretary Karl...

Coronavirus-ravaged economies across the Asia Pacific will make a ''swoosh-shaped'' recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions to combat the contagion could derail the region's return to growth. Developing Asia -- stretching from the...