The crash in international tourism due to the coronavirus pandemic could translate to over $4 trillion loss in global Gross Domestic Product (GDP) for 2020 - 2021. unwto_logo Ironically, tourism losses are reduced in most developed countries but worsened in tourist-dependent developing countries...
Opening more roads in the Bicol region is seen as a crucial piece in realizing the nine-hour "dream travel" from the northern part of Luzon to its tip down south before the era of "Build, Build, Build" is over. DPWH Secretary Mark Villar (first from left) during the opening of the Camalig Bypass...
Seven schools in the Philippines were among the top universities which have made a global impact based on rankings by World's Universities with Real Impact (WURI). Far Eastern University (feu.edu.ph) Far Eastern University placed 79th in the Global Top 100 Innovative Universities, up from its last...
The unprecedented government borrowings to offset the impact of the pandemic-induced recession have driven public debt to nearly P11 trillion in April this year. Based on the Bureau of the Treasury report on Thursday, June 3, the national government’s debt burden zoomed 28 percent to P10.991...
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 top Google-searched games that are kid-appropriate—or not Google recently released its list of top trending searches in the Philippines. The list acts as a chronicle of the newsworthy things that took place during this very interesting year. As most Filipinos spent more time at home...
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...