House Speaker Martin Romualdez (center) delivers his message at the welcome lunch for the Philippine delegation to the World Economic Forum 2025 annual meeting in Davos, Switzerland on Monday (Switzerland time) (PPAB) House Speaker Martin...
Key government officials, including Department of Finance (DOF) Secretary Ralph Recto and Department of Trade and Industry (DTI) Secretary Cristina Roque, and delegates from the private sector are set to push for more investments to the Philippines in the upcoming World Economic Forum (WEF). Recto,...
JINAN, China—The Philippine government has pitched for more Chinese investments in the country, citing its advantage for conducting business, including economic growth and reforms as well as rich talent and demographic pool. Manila's trade representative in Beijing, Glenn Penaranda, led a...
Developing economies, including the Philippines, are projected to have the weakest average growth in the first 25 years (2001–2025) of the century, and these countries will continue to grapple with growth setbacks in the next quarter, the World Bank said. According to the multilateral lender’s...
The House plenary hall (Contributed photo) The measure seeking to reorganize the National Economic and Development Authority (NEDA) into the Department of Economy, Planning and Development (DEPDEV), and reconstitute the NEDA Board into the...
The Chinese Foreign Ministry spokesperson on Tuesday, Jan. 14, asked the Philippine government to stop its “false accusations” regarding Chinese activities in the West Philippine Sea, stressing that the presence of an alleged “monster ship” from China in the disputed waters was “fully...
London-based HSBC projects that the Philippines and other Southeast Asian countries will deliver robust economic growth this year, with the peso remaining resilient despite a stronger US dollar. On Tuesday, Jan. 14, James Cheo, HSBC chief investment officer for Southeast Asia and India, projected...
Philippine economic growth in 2024 likely fell below the government's downscaled target as a string of strong typhoons prevented faster expansion, according to Moody's Analytics. In a Jan. 10 report, Moody's Analytics forecasted the Philippines' gross domestic product (GDP) to have grown by 5.7...
The Manila Economic and Cultural Office (MECO) in Taiwan is promoting to Filipinos job opportunities in the island that can offer at least P52,000 salary per month. Cesar Chavez, Jr., the country's labor attachè in Taiwan, said the Philippine government is urging Filipinos to take advantage...
Jobstreet by SEEK's latest report highlights key trends shaping the Filipino workforce: a strong focus on upskilling, work-life balance, and a fulfilling work environment. Despite a decrease in both unemployment and underemployment, signaling a robust job market, Filipino workers are pushing for...
While the East Asia and Pacific region has driven the reduction of the Global Prosperity Gap (GPG), the Philippines remains classified as a country with high inequality, World Bank data revealed. According to a World Bank blog published on Jan. 8, the region has greatly contributed in closing...
Think tank Oxford Economics sees the Philippines and other emerging markets (EMs) continuing to dominate the global growth rate rankings in the next two years. According to Oxford Economics, the Philippine economy will expand by 13 percent by 2026, which would allow the country to secure the 11th...
