A stronger and more resilient middle class is critical to sustainably reducing poverty and achieving inclusive economic growth in the Philippines, according to the Department of Economy, Planning, and Development (DEPDev). Speaking at the launch of the World Bank’s Poverty and Equity Assessment...
The Philippines’ debt as a share of economic output is expected to remain elevated above 60 percent of gross domestic product (GDP) this year as the government ramps up borrowings to support its response to the national energy emergency amid the prolonged war in the Middle East. Based on the...
Former Mati City Mayor Michelle Nakpil Rabat was sworn in as city council president of the Partido ng Demokratiko Pilipino-Lakas ng Bayan, strengthening the party’s presence in Davao Oriental ahead of the 2028 elections. Rabat took her oath on Friday, May 22, before PDP-Laban President and Davao...
Public debt in the Philippines moved closer to the 60-percent level at the end of the first quarter of 2026, as the government continued to ramp up borrowings while the private sector remained cautious amid risks stemming from the war in the Middle East. The latest Global Debt Monitor of the...
A newly-formed opposition coalition to the current administration is using the "unity" catchphrase that was made popular by President Marcos. Former House Speaker and Davao del Norte 1st district Rep. Pantaleon Alvarez placed the spotlight on the so-called "RAGE Coalition" in a Facebook post on...
Davao Mayor Sebastian “Baste” Duterte has been appointed as the new party president of the Partido Demokratikong Pilipino (PDP-Laban) political party. This was confirmed by Senators Christopher “Bong” Go and Robinhood “Robin” Padilla in separate Facebook posts. Duterte was appointed...
Senator Robinhood Padilla defended former poll commissioner Rowena Guanzon on Monday, March 30, by stating that the Partido Demokratiko Pilipino–Lakas ng Bayan (PDP-Laban) has historical ties to the so-called “dilaw” , as he questioned criticism directed against her political stance. In a...
Malacañang has rejected claims that President Marcos had a hand in the plunder and graft complaints filed against Vice President Sara Duterte, saying critics are deliberately twisting the issue to shield the Vice President from corruption allegations. Presidential Communications Office (PCO)...
DAVAO CITY – Vice President Sara Duterte said on Thursday, Sept. 18, that the Partido Demokratiko Pilipino-Lakas ng Bayan has been inviting her to join the party. “Almost every week, they talk to me and invite me to join their party. I thought it might be better not to join any party. That way,...
Despite an increase in the Philippines’ general government (GG) debt-to-gross domestic product (GDP) ratio to 57.1 percent in 2024, the Marcos Jr. administration is targeting to gradually lower this debt ratio to the 54-percent level by the end of 2028. This was indicated in the national...
Citing a lackluster performance that the Philippine economy has been showing since its recovery from the Covid-19 pandemic, climbing to the high-income-status target 15 years from now could be impossible, the country’s chief socioeconomic planner stated. Department of Economy, Planning, and...
Vice President Sara Duterte said she would rather be “single and ready to mingle in politics” than be tied down to a political party, such as her father’s Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban). With Senator Robin Padilla taking a leave from his duties as president of...
