CALAPAN CITY, Oriental Mindoro – The Philippine Statistics Authority (PSA) reported that the Mimaropa region (Oriental Mindoro, Occidental Mindoro, Marinduque, Romblon, and Palawan) registered a 4.7 percent growth and its economy was valued at P411.4 billion in 2023. LENI Rioflorido (third from...
(MANILA BULLETIN) House Speaker Martin Romualdez has claimed that the proposed economic Charter change (Cha-cha) can impact the country’s growth as early as this year, for as long as it is set "in place". This, as leader of the...
Consumers’ perennial woe of oil price hikes will have a crushing comeback at the domestic pumps next week, with cost increases projected to be in the vicinity of P1.00 per liter across products. According to the oil companies, the outcome of four-day trading in the regional market yielded...
The country’s socioeconomic planning agency remains positive that the Philippines will become an upper middle-income economy by next year. National Economic and Development Authority Arsenio M. Balisacan said that the country remains on track to achieving an upper middle-income status in 2025...
Achieving an eight percent gross domestic product (GDP) growth in the Philippines is doable, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) Marcos said it could be attained, stressing that the Philippine government "always plans for the ideal." "Sure. Why not?" Marcos...
President Marcos has invited for foreign investors to join the Philippines in its "exciting new phase" towards economic expansion. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) As he made known the steps the country has taken in terms of its economic growth, Marcos said there are many...
Amid accelerating inflation and subdued global markets, National Economic and Development Authority Secretary Arsenio M. Balisacan expressed openness to revising this year's economic growth target downward. Balisacan said that the Development Budget Coordination Committee (DBCC), an inter-agency...
The Department of Finance (DOF) said the government is determined to drive pro-business reforms, enhance the regulatory framework, reduce the cost of doing business, and tackle existing constraints in the country. Finance Secretary Ralph G. Recto said these initiatives are integral part of their...
Consumers will be perked up slightly next week, as oil prices will just be on modest rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.55 to P0.95 per liter; while diesel prices will...
President Marcos is optimistic that the Senate would immediately ratify an agreement that would host an office for the Global Green Growth Institute (GGGI), which will help the country in climate resilience and promote green growth strategy. Marcos expressed his confidence when he met on Monday...
President Marcos on Monday, Feb. 26, met with former United Nations General Secretary Ban Ki-moon to express his support for the Global Green Growth Institute (GGGI), which the latter currently heads. In his meeting with Ban, Marcos stressed the importance of funding GGGI, so it...
Consumers’ pockets will have some breathing space next week as oil prices are anticipated to be on substantial rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.70 to P1.10 per...
