President Marcos said he was satisfied with the country's economic achievements last year, and ordered Cabinet officials to make the feats be known to the public. President Ferdinand 'Bongbong' MarcosJ Jr. talks with NEDA Secretary Arsenio Balisacan during the 24th NEDA Board Meeting at Malacañan...
Philippine economic growth in 2024 likely fell below the government's downscaled target as a string of strong typhoons prevented faster expansion, according to Moody's Analytics. In a Jan. 10 report, Moody's Analytics forecasted the Philippines' gross domestic product (GDP) to have grown by 5.7...
Following a series of destructive calamities that have battered the Philippines and impacted its economy, the World Bank has reduced its 2024 gross domestic product (GDP) growth forecast for the country to 5.9 percent. “While the baseline growth forecast for 2024 was revised downward to 5.9...
Go Negosyo founder Joey Concepcion believes that not only will there be higher consumer spending this coming Christmas season, but it will even be bigger compared to last year. (MB file photo) During the Bagong Pilipinas Ngayon briefing on Wednesday, Nov. 20, Concepcion touted...
(Pexels) Navotas City lone district Rep. Toby Tiangco says the continued rise of digital economies in the country is a direct outcome of the Marcos administration’s strategic reforms on expanding the Information and Communication Technology (ICT)...
Senate President Francis “Chiz” Escudero on Sunday, October 20, rejected Vice President Sara Duterte’s accusations that President Ferdinand “Bongbong” Marcos’ leadership is weak, saying that the Philippine economy improved under his administration. Escudero made the remark...
Financial markets in the Philippines and the broader Asia-Pacific region stand to benefit from downward interest rates in the United States, although risks from a "benign" US economy may temper gains, according to a World Bank economist. "So far, the decline in interest rates in advanced...
Senator Joel Villanueva has expressed optimism over the enactment of the proposed Blue Economy Act, which seeks to sustain the Philippines’ oceanic resources for economic growth, improved livelihoods, and the health of the country’s ocean ecosystems. Both the House of Representatives and Senate...
The World Bank expects the Philippine economy to grow by an average of six percent in the next three years — one of the fastest rates in the region, despite challenges to jobs arising from new technologies like robots and artificial intelligence (AI). In its East Asia and the Pacific...
Singapore-based United Overseas Bank (UOB) expects the Philippine economy to grow as targeted this and next year while inflation risks and interest rates ease. In its quarterly global outlook report for the fourth quarter of 2024, UOB forecasted the Philippines' gross domestic product (GDP) to...
Go Negosyo founder Joey Concepcion believes that the Philippines’ fast-rising digital economy offers significant opportunities for micro, small, and medium-sized enterprises (MSMEs). Concepcion highlighted how digital technology has leveled the playing field for MSMEs, providing them with access...
Celebrating the National West Philippines Sea day every July 12 is a step towards the right direction for the government to assert its sovereignty over the maritime area that China continues to contest. Senate Deputy Minority Leader Risa Hontiveros pointed this out as she asserts the...
