Tag page - economic impact

While amending the economic provisions in the 1987 Constitution will attract more foreign investments, its impact on the country’s economy won’t be felt immediately, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Thursday, April 4. NEDA Secretary Arsenio...

An estimated 1.6 million job opportunities will be created with household income substantially increased if the economic restrictions in the 1987 Constitution are relaxed, a University of the Philippines (UP) researcher said Sunday, May 30. DILG Spokesperson Jonathan Malaya (File photo courtesy of...

The Philippine economy contracted for three straight quarters as consumer spending and business activity remained depressed owing to stringent quarantines imposed on key economic hubs to contain the spread of the coronavirus infections.  Shoppers wearing protective masks shop for vegetables in...