The Philippines is expected to import more agricultural products over the next decade as its domestic production grapples to meet the demand of a growing economy and booming population. Based on the latest forecast of the Paris-based Organization for Economic Cooperation and Development (OECD) and...
The share of tax revenues to the Philippine economy has lingered below the regional average of efficient collections, highlighting the need to further improve tax administration and enforcement. The Organization for Economic Co-operation and Development’s (OECD) Revenue Statistics in Asia and the...
Most Filipinos struggle to safeguard their finances when natural disasters strike—a troubling reality for a country like the Philippines, which faces severe climate risks, according to the Organization for Economic Cooperation and Development (OECD). “Many people living in Cambodia and the...
After a disappointing 5.7-percent gross domestic product (GDP) growth rate last year, the Philippines is expected to post an even slower growth rate of 5.6 percent for 2025, which would once again fail to reach the government’s growth target of six to eight percent. Growth would only accelerate...
The Philippines and Canada have officially assumed co-chairmanship of the Organization for Economic Cooperation and Development’s (OECD) Southeast Asia Regional Program (SEARP), succeeding Vietnam and Australia during the OECD ministerial council meeting held in Paris, France. In a statement on...
Bringing the compensation levels of employees and executives at government-owned and/or -controlled corporations (GOCCs) at par with their private-sector counterparts would help strengthen good governance and financial prudence at state-owned enterprises (SOEs) in the Philippines, according to the...
The Philippines is consolidating state-run corporations in hopes they would attract and retain top talent by being competitive with private-sector salaries. The Organization for Economic Cooperation and Development (OECD) group of rich nations noted in a Dec. 11 report that the Philippine...
In Asia-Pacific, Filipinos enjoy pension amounts that are closest to their pay before retiring, according to the Organization for Economic Cooperation and Development (OECD). In its Pensions at a Glance Asia/Pacific 2024 report published on Dec. 6, the OECD said that at 72 percent, the Philippines...
The Philippines has increased its tax take as a share to the economy in 2022, even as it lagged behind the regional average in collection efficiency. According to the Organization for Economic Cooperation and Development's (OECD) Revenue Statistics in Asia and the Pacific 2024 report, the...
Economist-congressman Joey Salceda of Albay’s 2nd district said on Wednesday, July 20, that President Ferdinand "Bongbong" Marcos Jr. must reveal the “grand national ambitions that are as large and as historic as his mandate from the people” in his first State of the Nation Address (SONA)...
TECH4GOOD Monchito Ibrahim We have been saying for so long now that we are an attractive country to invest in because of our large, young, talented, and English-speaking workforce. But is it ready to make the Philippines become a potent global player as the world economy starts embracing Industry...
The Department of Education (DepEd) on Friday, March 11 announced the Philippines’ participation in the 2022 cycle of the Programme for International Student Assessment (PISA) of the Organisation for Economic Co-operation and Development (OECD). JOJO RINOZA / FILE PHOTO / MANILA BULLETIN In a...
