The Philippines is facing a challenge in enabling its children to reach their full potential productivity by the age of 18, which places the country's human capital development behind that of its regional counterparts. According to the World Bank's "The Philippines Human Capital Review," the...
Senator Cynthia Villar highlighted the importance of women embracing technological advancements to pave the way for the continued progress of the Philippine economy. Sen. Cynthia A. Villar emphasizes women's role in the digital age at the 18th Annual General Assembly of the Philippine Federation of...
The Philippine Statistics Authority reported on Thursday, May 09, that the local economy, as measured by its gross domestic product (GDP), slowed to 5.7 percent in the first quarter of the year. This growth fell short of the government’s target band of 6.0 percent to 7.0 percent this year and was...
Foreign investors should consider doing business in the Philippines as the government has been taking a proactive approach to improving the economy despite external risks, the National Economic and Development Authority (NEDA) said. During the Philippine Investors Dialogue in Washington D.C., NEDA...
Iloilo 1st district Rep. Janette Garin (Ellson Quismorio/ MANILA BULLETIN) House Deputy Majority Leader and Iloilo 1st district Rep. Janette Garin says the investment environment in the Philippines needs to improve further in order to compete...
Tech giant Google Philippines lauded the robust and “amazing growth” of the Philippine economy under the present Marcos administration, saying the government's data reflect Google's digital economy reports. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Google Philippines Country...
Finance Secretary Ralph G. Recto believes that the economic growth forecast provided by multilateral organizations is the more realistic target range for the Philippines compared to the current government assumption. During the Philippine Business Forum in Melbourne, Australia on Monday, March 4,...
(Photo from Pixabay) Forty-four percent of adult Filipinos expect the Philippine economy to “stay the same” in the next 12 months, based on the December 2023 Social Weather Stations (SWS) survey. The survey results, which were released on Wednesday, Feb. 28, also revealed that 40 percent of...
"We get things done." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) This was President Marcos' answer to praises he had been receiving for his response to issues surrounding the country's national security, economic competitiveness, tourism, and infrastructure development. In an...
The Department of Finance (DOF) has indicated that the Marcos administration may need to adjust its economic growth targets due to the lower-than-expected expansion recorded last year. Finance Secretary Ralph G. Recto emphasized the need for the Development Budget Coordination Committee (DBCC) to...
Source: Philippine Statistics Authority (PSA) The Philippine Statistics Authority (PSA) has reported that Aklan Province is the fastest-growing economy among provinces and highly urbanized cities in the country. The Province of Aklan, known for being the home of Boracay Island, recorded a...
The country's inflation rate in January this year marked its slowest growth in over three years, registering at 2.8 percent, the Philippine Statistics Authority (PSA) said. This means that the inflation rate, or the increase in prices of goods and services, moved at a slower pace during the period...
