The Asian Development Bank (ADB) expects the Philippine economy to grow at a much faster pace this year despite accelerating consumer prices. In the Asian Development Outlook 2022 Supplement report released on Thursday, July 21, the Manila-based multilateral institution raised its gross domestic...
Senator Loren Legarda on Thursday, July 21 said she looks forward to hearing the specific plans of President Ferdinand R. Marcos Jr. on the country’s Covid-19 pandemic recovery and transition to a "better normal." "I hope that it is one that is aligned and attuned to the climate path," Legarda,...
The ASEAN+3 Macroeconomic Research Office (AMRO) said the Marcos administration needs to expedite the pace of fiscal consolidation given the national government’s tight buffer to absorb future shocks. In AMRO’s Annual Consultation Report released on Wednesday, July 20, the think tank raised...
Senator Joseph Victor “JV” Ejercito on Monday, July 18 said he wishes to hear President Ferdinand “Bongbong” Marcos Jr. highlight his plans for the country's economic recovery and pandemic response in his first State of the Nation Address (SONA) on July 25. “I hope to hear some specifics...
President Ferdinand "Bongbong" Marcos Jr. has expressed his gratitude to the people who flooded his social media accounts with well-wishes as he recovered from his second bout with Covid-19. Screenshot from Bongbong Marcos YouTube channel In his recent vlog, Marcos said that he is now feeling...
The Department of Finance (DOF) assured that the Philippines is fully prepared to address challenges posed by financial stability risks and inflationary pressures that threaten the economic recovery. Finance Secretary Benjamin E. Diokno said on Friday, July 15, that the country has comprehensive...
President Ferdinand "Bongbong" Marcos Jr. is back in tip-top shape after catching Covid-19 for the second time last week, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) In a text message to reporters, Press Secretary Trixie Cruz-Angeles likewise...
President Marcos’ chief economic manager said the Philippine economy would continue its robust expansion pace this year despite a rising interest rate environment. Finance Secretary Benjamin E. Diokno said on Thursday, July 14, that the economy, as measured by the gross domestic product (GDP),...
The Philippines is “gradually bouncing back” from the negative impact of the Covid-19 pandemic, Vice President Sara Duterte said on Monday, July 11. Vice President Sara Duterte speaks during the inauguration of Toyota Motors service center in Davao City on Monday, July 11, 2022. (OVP photo)...
Three days after testing positive for Covid-19, President Ferdinand "Bongbong" Marcos Jr. is "on his way to a complete recovery," Malacañang said today. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) The President is not experiencing fever and his cough has...
Despite testing positive for Covid-19 , President Ferdinand "Bongbong" Marcos Jr. is doing well and continues giving out directives to Cabinet officials while in isolation, Malacañang said. Screenshot from President Bongbong Marcos's YouTube channel Press Secretary Trixie Cruz-Angeles said this...
Southeast Asia’s green recovery from the pandemic has the potential to create more investment opportunities and add millions of jobs in the next eight years, a new Asian Development Bank (ADB) report said. Based on ADB’s “Implementing a Green Recovery in Southeast Asia” report on Wednesday,...