The House Committee on Economic Affairs on Tuesday, Feb. 7, began its initial deliberation on the proposed Blue Economy Act that seeks to establish a framework to sustainably develop, manage, and protect the Philippines’ marine and water resources. A file photo of Scarborough Shoal taken during...
The Department of Public Works and Highways (DPWH) has conducted a public forum and engaged the project stakeholders in Zamboanga City in a bid to further develop infrastructure projects that will enhance Mindanao’s economic productivity and tourism, agriculture and trade industries. DPWH Senior...
President Ferdinand "Bongbong" Marcos Jr. expressed optimism that the government would be able to answer the questions that Filipinos ask themselves daily with the implementation of the Philippine Development Plan (PDP) 2023-2028, as the plan aims to ensure that every sector is part of the economic...
President Ferdinand "Bongbong" Marcos Jr. has signed Executive Order (EO) No. 14, approving and adopting the Philippine Development Plan (PDP) for the period 2023-2028, which sets the country's roadmap for economic recovery. Executive Order No. 14, approving and adopting the Philippine Development...
President Ferdinand "Bongbong" Marcos Jr. said that despite the Philippines posting a 7.6-percent annual growth rate in 2022, there were still a lot of things to do to ensure the steady recovery of the country's economy from the Covid-19 pandemic and other external factors. President Ferdinand...
The Philippine Statistics Authority’s announcement that the country achieved a 7.6 percent growth in gross domestic product (GDP) in 2022 affirms that, despite high inflation rates, the economy is on track in regaining its pre-Covid pandemic footing. This improves on the 5.7 percent growth in...
President Ferdinand "Bongbong" Marcos Jr. said that the Philippines is moving in the right direction while it continues to recover from recent shocks. President 'Bongbong' Marcos Jr. (PCO Screenshot) Marcos said this after the Philippine Statistics Authority (PSA) reported Thursday that the...
An economist-congressman believes that "the best is yet to come" in terms of the economy after the Philippines exceeded expectations with its full year gross domestic product (GDP) growth rate. Albay 2nd district Rep. Joey Salceda (Facebook) “The 2022 full year GDP growth rate of 7.6 percent,...
The Technical Education and Skills Development Authority (TESDA) has committed to push through and boost its efforts to further strengthen the country’s workforce to advance economic recovery. Bloomberg photo In a statement, TESDA Director General Danilo P. Cruz shared that TESDA is currently...
​The US and the Philippines are currently enjoying a "great momentum" of economic relationship, US Ambassador to the Philippines MaryKay Carlson said Tuesday, Jan. 24. In a meeting with the Filipino businessmen of the Makati Business Club, Carlson said she is seeing positive gains from...
The Department of Public Works and Highways (DPWH) in Western Visayas said that it is fast-tracking the construction of an access road that is expected to boost the tourism industry and marine economy in Makato, Aklan. DPWH Regional Office 6 Director Nerie D. Bueno said the P33.3 million project...
The Philippines is now considered by economic leaders as part of the "VIP Club" or among the Southeast Asian countries with the best-performing economies. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) This was bared by President Ferdinand "Bongbong" Marcos Jr. following his...