The Philippine Economic Zone Authority’s (PEZA) approval of investments continued its upward trajectory this year, growing by 112.06 percent by the end of April compared to the same period last year. PEZA, an investment promotion agency (IPA) under the Department of Trade and...
Senior business leaders from across the 21-member Asia-Pacific Economic Cooperation (APEC) bloc voiced growing concern over recent, rapid changes in the global trade and financial landscape during the second APEC Business Advisory Council (ABAC) meeting of the year, held in Toronto, Canada. In a...
In a groundbreaking move, Aboitiz InfraCapital Economic Estates convened key leaders from government, industry, and the academe at its pioneering Industrial Summit 2025, held at the New World Makati Hotel on April 25, 2025. Under the theme, “Masterplanning the Industrial Landscape in the...
DAVAO CITY – Economic growth in the Bangsamoro Autonomous Region in Muslim Mindanao dropped 1.3 percent from four percent in 2023 to 2.7 percent in 2024, the Philippine Statistics Authority (PSA) said. THE KCC Mall under construction in Cotabato City. (Keith Bacongco) PSA-BARMM Regional...
Masungi Georeserve conservationist Ann Dumaliang is the sole Filipino chosen by the World Economic Forum to join its Young Global Leaders (YGL) Class of 2025. Thousands of entries from esteemed individuals below age 40 across various sectors compete in a rigorous process, with the Forum of YGLs...
Malacañang has allowed government officials to travel to Taiwan for economic and trade-related purposes, provided they observe strict protocols and limitations. AI-generated Under Memorandum Circular No. 82, signed by Executive Secretary Lucas Bersamin on April 15, restrictions on travel to Taiwan...
To advance climate-resilient, sustainable cities in the Philippines, the Organization for Economic Cooperation and Development (OECD) is urging the government to put in place an integrated and centralized framework that would attract green private investments. "The Philippines faces several...
The National Economic and Development Authority (NEDA) and the Department of Budget and Management (DBM) have revamped the National Evaluation Policy Framework (NEPF), introducing stronger oversight and stricter standards for ethical and transparent evaluation of government programs. On...
President Marcos’ signing into law of the Department of Economy, Planning and Development (DEPDev) Act will pave the way for a historic reform in government development planning, Sen. Juan Miguel “Migz” Zubiri said on Tuesday, April 15. The new law, Republic Act No. 12145, primarily...
The Philippines’ chief economist has conceded that the country may not be able to achieve the eight-percent upper end of its 2025 growth target due to lingering global uncertainties, including the reciprocal tariffs United States (US) President Donald Trump slapped on its imports. “The eight...
The government has officially transformed the National Economic and Development Authority (NEDA) into the Department of Economy, Planning, and Development (DEPDev) after President Marcos signed Republic Act (RA) No. 12145 on April 10. File photos Under RA 12145, known as the Economy, Planning, and...
Jobless Filipinos increased in number to 1.94 million in February 2025 from 1.8 million last year, as the job market struggled to absorb over 40 percent of new job seekers. According to the Philippine Statistics Authority (PSA), the February 2025 figure reflects an increased annual unemployment...
