Albay 2nd District Rep. Joey Salceda on Wednesday, Feb. 9, endorsed the presidential bid of Vice President Leni Robredo because “she’s good for our economy” and “she has no vested interest to protect.” Albay 2nd District Rep. Joey Salceda raises the hand of Vice President Leni Robredo...
Malacañang said that the fifth phase of the country's action plan against the coronavirus (COVID-19) pandemic will focus on economic recovery and vaccinating more Filipinos against the virus. Cabinet Secretary Karlo Nograles (Malacañang photo) Cabinet Secretary Karlo Nograles made the...
Presidential aspirant Norberto Gonzales has vowed to highlight the importance of investing in labor or in the people for the economic stability and development of the country. During Manila Bulletin's "MB Hot Seat," Gonzales said he will explain to the businessmen that labor is not an expense but...
Malacañang said that the Philippine economy continues to beat expectations following reports of the economy's growth during the last quarter of 2021. (FILE PHOTO) Cabinet Secretary Karlo Nograles made the statement after it was reported that the country's economy grew 7.7 percent in the fourth...
If she wins the presidency this May 2022, Vice President Leni Robredo plans on addressing the Philippines' ballooning loans and will “honor the commitments” by improving the country’s debt-to-GDP (gross domestic product) ratio. (Vice President Leni Robredo/The 2022 Presidential One-on-One...
The country’s economy grew at a much slower pace in the third-quarter last year, the Philippine Statistics Authority (PSA) announced on Wednesday, Jan. 26. In a statement, the PSA said the economy, as measured by gross domestic product (GDP), grew by 6.9 percent from July to September 2021,...
VMware, Inc. a leading innovator in enterprise software, has appointed Paul Simos as Vice-President and Managing Director for Southeast Asia and Korea and Sachin Shridhar as Leader for Strategic Pursuits Practice in the Asia Pacific and Japan. As more businesses in the region are rapidly adapting...
The United Nations (UN) warned on Thursday, Jan. 13, that the economic recovery seen in 2021 would slow down in 2022 and in 2023. According to the UN’s World Economic Situation and Prospects 2022, the global economy, which saw a 5.5 percent expansion in 2021, is projected to expand by only 4.0...
Senate Minority Leader Franklin M. Drilon on Monday said he is confident that the newly-signed law easing the entry of foreign retail enterprises in the Philippines will help pave the way for the country’s economic recovery. Drilon is referring to Republic Act No. 11595 also known as the Retail...
As a result of the ongoing COVID-19 pandemic, the Philippines’ ocean economy declined by 32.6 percent, recording a gross value added (GVA) of P617.20 billion in 2020 from P916.31 billion in 2019, data from the Philippine Statistics Authority (PSA) showed. Accounting for 3.4 percent of the...
Sorsogon Governor Francis ‘’Chiz’’ Escudero on Thursday, Dec. 9 said the massive infrastructure program of the Duterte administration should be expanded, expedited and brought outside big urban centers to help generate employment, create livelihood opportunities and stir economic activities...
Former Vice President and senatorial aspirant Jejomar Binay on Thursday (Dec. 9) said the national government must focus on further boosting the financial confidence of the people for the economy to effectively jump back to its pre-pandemic level even as the world continues to battle COVID-19....
