"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...
A study by the National Economic and Development Authority (NEDA) has raised the need for a comprehensive telecommunications sector overhaul to address the negative effects of costly and slow Internet connectivity on the country's digital economy. In a policy note, the NEDA revealed that the...
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...
The news of the country's debt nearing P15 trillion is undoubtedly alarming. It raises the question of why the government continues to borrow extensively, despite its significant indebtedness. While many Filipinos tend to avoid borrowing, viewing debt as inherently negative and a sign of poor...
Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand "Bongbong" Marcos Jr. (Facebook) Albay 2nd district Rep. Joey Salceda gave props to President Marcos for facilitating the inflow of investments to the country, which has led...
Vietnam’s president and prime minister praised President Marcos for the high growth rate the Philippines recorded under his leadership despite the global economic challenges. (From left) President Ferdinand 'Bongbong' Marcos Jr. and Vietnam President Vo Van Thoung (Photo from the Presidential...
OCTA Research’s December 2023 “Tugon ng Masa” Survey (OCTA) OCTA Research's December 2023 "Tugon ng Masa" survey found that half of Filipinos expect the Philippine economy to remain unchanged over the next six months. The survey results released on Monday, Jan. 29 revealed that 51 percent...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (left), DOF Secretary Ralph Recto (MANILA BULLETIN/ Facebook) Surigao del Norte 2nd district Rep. Robert Ace Barbers said the recent designation of his former House colleague Ralph Recto as Department...
President Marcos is confident that his new special assistant for investment and economic affairs, Frederick Go, would make a difference to the country's economic landscape. President Ferdinand 'Bongbong' Marcos Jr. and Special Assistant to the President for Investment and Economic Affairs Frederick...
Senate Majority Leader Joel Villanueva on Thursday, January 11 welcomed the reported decline in the country’s unemployment rate saying it is a positive indication that the Philippine economy has fully recovered. “We laud the decline of our unemployment rate to 3.6 percent last...
