Debt-watcher Moody’s Investors Service is upbeat about the Philippines’ recovery prospects from the pandemic, expecting the economy to outperform most of the sovereigns it rates in terms of average growth up to 2025. In its latest credit analysis report on the Philippines, Moody’s cited its...
Albay Rep. Edcel Lagman disputed on Tuesday, July 27 President Rodrigo Duterte’s assertion that the 2019 coronavirus disease (COVID-19) pandemic cut short economic advancement of the country that was felt before the contagion. Duterte 2021 SONA Lagman, an independent, said Duterte, in his final...
Opposition Senator Leila de Lima on Tuesday, July 27 said President Duterte should be blamed for the current state of the country's economy, saying he neglected it even before the coronavirus (COVID-19) pandemic hit the Philippines. De Lima made the remark following Duterte's pronouncement in his...
Livelihood and the economy topped the list of issues that Filipino adults want to hear from President Duterte’s final State of the Nation Address (SONA), latest Pulse Asia survey showed. Manila residents line up for the second dose of coronavirus vaccine outside a shopping mall in Manila on July...
Presidential Adviser for Entrepreneurship Joey Concepcion urged the government to make "bold moves" like limiting the movement of the unvaccinated population to prevent the further spread of the Delta variant of the coronavirus disease (COVID-19). Presidential Adviser for Entrepreneurship and Go...
The local economy will likely destroyed if Metro Manila will placed anew on the most stringent lockdown in the face of the coronavirus threat, according to Presidential Adviser for Entrepreneurship Joey Concepcion. Manila residents line up for the second dose of coronavirus vaccine outside a...
Debt-watcher Moody’s Investors Service has lowered its forecast on the Philippine economy for the year as coronavirus battle enters another phase of uncertainty. In a research note released Wednesday, July 21, Moody’s said it is now projecting that the country’s economy, as measured by gross...
The Asian Development Bank (ADB) maintained its growth forecasts for the Philippines despite the resurgence of coronavirus infections in Southeast Asia that also posed a threat in the local economy. ADB HQ In its Asian Development Outlook Supplement released Tuesday, July 20, the ADB said it is...
President Duterte’s economic team is now seeing a brighter light at end of the tunnel as the inter-agency Development Budget Coordination Committee (DBCC) expressed optimism that the Philippine economy may return to its pre-pandemic levels by next year. DBCC The DBCC, which sets the macroeconomic...
President Duterte hopes that the next president of the country will be more competent than he is, saying he will gladly support him or her if that would be the case. President Rodrigo Duterte (File photo/Malacañang) Duterte made the statement as he pointed out that the country lacked the...
Presidential Adviser for Entrepreneurship Joey Concepcion has appealed to the government to allow businesses to operate at full capacity once they attain the level of "micro-herd immunity" from COVID-19. A Manila resident receives a coronavirus shot at a vaccination hub located at SM Manila on July...
Retired Supreme Court Senior Associate Justice Antonio Carpio believes that the country’s weak economy will be the reason why presidential daughter and Davao City Mayor Sara Duterte-Carpio will lose if she runs as president in the May 2022 polls. Retired Supreme Court Senior Associate Justice...
