Senate Deputy Majority Leader Joseph Victor “JV” Ejercito has called on the government to continue spending on infrastructure programs despite the fallout from the flood control scandal in order to boost employment opportunities and revive the economy. Ejercito warned the slowdown on...
Senator Sherwinn Gatchalian on Tuesday, November 18 expressed alarm over the recent turn of political events in the country, saying that ongoing destabilization talks are wreaking havoc on the Philippine economy. Gatchalian, chairman of the Senate Committee on Finance, said this is evidenced by a...
The government said the impact of the ongoing tensions in the Middle East will not have an alarming impact on the country 's economy, at least as of Tuesday, June 24. In a meeting with President Marcos in Malacañan on Tuesday, Department of Economy, Planning, and Development (DEPDev)...
The country’s tourism industry is projected to generate an all-time high of P5.9 trillion this year as the Department of Tourism (DOT) accelerates infrastructure development to improve connectivity and promote culture-driven travel. DOT Secretary Christina Garcia-Frasco on Wednesday, Jun. 11,...
Stakeholders from various sectors believe that harnessing the power of the blue economy could help the Philippines meet its increasing energy needs amid overreliance on imported fuels that make electricity expensive. Blue economy (Grok AI) This developed as various stakeholders and resource persons...
Senate President Francis “Chiz” Escudero on Thursday, April 3 called on state economic managers to prepare and plan for contingencies and a calibrated response to the 17-percent tariff that the United States will impose on Philippine exports starting April 9, 2025. Senate President...
Singapore-based DBS Bank Ltd. expects the Philippine economy to again grow below its target in 2025, despite benefiting from being outside the scope of United States (US) President Donald Trump's tariffs. "Direct impact from US tariffs is likely to be limited, with the Philippines' contribution to...
Senate President Francis “Chiz” Escudero on Wednesday, March 19 said he is confident that despite the ongoing political developments, the Philippine economy will remain strong. Senate President Francis “Chiz” Escudero (Senate PRIB Photo) Escudero made the remarks as the nation...
President Marcos encouraged local government units (LGUs) and agencies to set their goals according to the country's national priorities. President Ferdinand 'Bongbong' Marcos Jr. (RTVM) "I encourage everyone to align your organizational goals with our national priorities so that we can push...
Senator Loren Legarda has reaffirmed her commitment to marine conservation, sustainable development, and women’s empowerment in a recent discussion on the significance of the “Blue Economy” in Makati City. Legarda was guest during the “Blue Horizons – Accelerating the...
DAVAO CITY – A University of the Philippines professor has urged policymakers and stakeholders to adopt strategies that balance economic growth with environmental protection to ensure long-term benefits for coastal communities in Mindanao and the Philippines. SULU Archipelago Prof. Jay...
Several business groups expressed opposition to the proposed ₱200 daily minimum wage increase, warning of its potential threats to the Philippine economy and business owners, particularly small and micro enterprises. In a position paper addressed to Rizal 4th district Rep. Fidel Nograles, the...
