The country’s economy surged in the third-quarter on the back of higher consumer spending, the Philippine Statistics Authority (PSA) reported on Thursday, Nov. 9. The economy, as measured by the gross domestic product (GDP), grew by 5.9 percent in July to September this year, stronger compared to...
Teacher Maribel Coronado-Perez while teaching (Photo credit to Maribel Perez / Facebook) There is no denying how the pandemic changed and continues to change the landscape of education across the globe. In the Philippines, the pandemic presented both challenges and opportunities for teaching and...
President Marcos explained that he has been going to different countries to propagate the changes in the Philippines and to ask potential foreign investors what they need for the country to become more investment-friendly. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said...
President Marcos said the Philippines had shifted its focus from post-pandemic recovery to transforming its economy, which involves increasing production and investment. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang photo) Marcos said this during his talk at the 10th Asia Summit hosted...
The Department of Finance (DOF) has reported that the government’s recent changes to its corporate tax system have attracted $16.7 billion in investments. At the Philippine Economic Briefing in Dubai, Finance Secretary Benjamin E. Diokno said these investments include 45 major projects and 740...
President Ferdinand "Bongbong" Marcos Jr. has commended the World Bank for its "desirable shift" in its post-pandemic interventions, particularly in the Philippines. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) "I have to commend the World Bank because now I’m looking...
The Department of Finance (DOF) has reported that the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law has spurred investment worth over P720 billion. Under the CREATE law, the government has provided tax incentives to major projects amounting to a total...
Sovereign credit ratings may seem complicated, but they are essentially evaluations of a country's financial well-being. These ratings determine the likelihood of a country meeting its financial commitments and have significant effects on important economic factors that directly impact the lives of...
Preference for electronic wallets (e-wallets) is fast catching up with hard cash among Filipinos while credit cards remained low despite long standing presence in the Philippines, according to a new study. The TransUnion inaugural Credit Perception Index (CPI) study seeks to measure Filipino...
As the government continues to deal with the aftermath of the Covid-19 pandemic, President Ferdinand "Bongbong" Marcos Jr. asked Filipino ambassadors to continue looking for "non-traditional" partners in trade, security, and defense to benefit the country....
Even after taking a toll because of the Covid-19 crisis, the country's micro, small, and medium enterprises (MSMEs) would lead the Philippines' recovery following three years of the pandemic. *Go Negosyo founder Joey Concepcion (File photo)* Go Negosyo founder Joey Concepcion said this after...
After more than two years of grappling with the effects of a deadly virus, President Ferdinand "Bongbong" Marcos Jr. said the Philippines can now shift its focus from fighting Covid-19 to developing the economy and improving the lives of Filipinos. *President Ferdinand 'Bongbong' Marcos Jr. (Noel...
