The strong economic cooperation between the Philippines and China has generated "great rewards" for both nations to propel towards economic recovery during the pandemic, according to a Chinese diplomat. President Rodrigo Duterte discusses matters with Chinese Ambassador to the Philippines Huang...
The country’s recovery is not out of the woods just yet as risks posed by the coronavirus continue to threaten recent gains, the Department of Finance (DOF) said. In its latest economic bulletin on Friday, May 14, the DOF said that the pace of economic contraction in the first three-months of the...
The Duterte administration will revisit its medium-term macroeconomic targets and fiscal program next week following a worse-than-expected economic performance in the first-quarter. In a media advisory released by the Department of Budget and Management (DBM), it said the inter-agency Development...
More people, including economic frontliners, can be vaccinated after the Department of Health (DOH) agreed to resume the use of coronavirus vaccines developed by AstraZeneca for all age groups, according to Presidential Adviser for Entrepreneurship Joey Concepcion. A health worker gives a...
At a job summit convened by the task group of the National Economic Recovery Strategy held last Labor Day, the country’s top economic managers rallied business, industry and civil society leaders in adopting a whole-of-society approach to economic recovery. Socio-Economic Planning Secretary Karl...
The pandemic-hit country inched closer to return to normalcy with plans to administer the coronavirus vaccines to workers in the private sector, according to Presidential Adviser for Entrepreneurship Joey Concepcion. Residents line up for coronavirus vaccination at a hub in Taguig City on April 29,...
Filipinos should embrace the opportunity to get vaccinated against coronavirus disease (COVID-19) to help save lives and livelihoods, according to Presidential Adviser for Entrepreneurship Joey Concepcion. A man receives a coronavirus vaccine shot from a health worker in Taguig City on April 29,...
The EU and the Philippines have started discussion on the new program cycle 2021-2027 development cooperation with immediate priority support for the latter’s economic recovery from the COVID-19 crisis. The parties issued this joint statement after holding the first meeting of the...
After shepherding the enactment of new laws that would spur economic recovery, the Duterte administration lifted a nine-year moratorium on new mining projects with the recent issuance of Executive Order Number 130. EO No. 130 repealed Section 4 of EO No. 79 issued by then President Benigno Aquino...
Requiring workers to get a coronavirus vaccine could be a possibility in case of a low turnout in the immunization drive, according to a government adviser. (Photo by Martin BUREAU / AFP / MANILA BULLETIN Presidential Adviser for Entrepreneurship Joey Concepcion has appealed, however, to the...
The Department of Finance (DOF) said green shoots of the Philippine economic recovery are growing, citing two recent data indicating growth in trade and manufacturing sectors. In an Economic Bulletin released by the DOF, Finance Undersecretary and Chief Economist Gil S. Beltran noted that recovery...
Just as many citizens were looking forward to being footloose for out-of-town Holy Week excursions, the Inter-Agency Task Force (IATF) for Management of Emerging Infectious Diseases announced the enforcement of a General Community Quarantine (GCQ) covering Metro Manila, Bulacan, Cavite, Laguna, and...
