Chief Presidential Legal Counsel Juan Ponce Enrile (PCO) Chief Presidential Legal Counsel and former Senate President Juan Ponce Enrile called on members of a House of Representatives joint panel to help spread the reach of economic development in...
The Philippines is now in a "much stronger" position than it was two years ago, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "Two years into office and I can proudly report to the Filipino people that our country is in a much stronger position than when we...
The Philippines is facing a challenge in enabling its children to reach their full potential productivity by the age of 18, which places the country's human capital development behind that of its regional counterparts. According to the World Bank's "The Philippines Human Capital Review," the...
Debt-watcher Fitch Ratings has raised its global growth forecasts for this year due to improved confidence in recovery prospects. In its latest Global Economic Outlook released on Tuesday, June 18, Fitch said it raised its global gross domestic product (GDP) outlook to 2.6 percent from 2.4 percent...
Senator Cynthia Villar highlighted the importance of women embracing technological advancements to pave the way for the continued progress of the Philippine economy. Sen. Cynthia A. Villar emphasizes women's role in the digital age at the 18th Annual General Assembly of the Philippine Federation of...
The Philippine Statistics Authority reported on Thursday, May 09, that the local economy, as measured by its gross domestic product (GDP), slowed to 5.7 percent in the first quarter of the year. This growth fell short of the government’s target band of 6.0 percent to 7.0 percent this year and was...
Camarines Sur 2nd district Rep. LRay Villafuerte (PPAB) Camarines Sur 2nd district Rep. LRay Villafuerte is urging the Department of Environment and Natural Resources (DENR) to strictly implement the Extended Producer Responsibility...
The growth of the country's digital economy slowed down last year despite surpassing the P2 trillion mark, the Philippine Statistics Authority (PSA) reported. The gross value added of the digital economy amounted to P2.05 trillion from January to December 2023, a 7.7 percent increase compared to...
Achieving a circular economy starts with us. It can be as small as reusing bottles or as progressive as setting up a business for processing different waste into resource; needless to say, the time to act is now. In a startling projection for 2025, the National Solid Waste Management Commission...
Foreign investors should consider doing business in the Philippines as the government has been taking a proactive approach to improving the economy despite external risks, the National Economic and Development Authority (NEDA) said. During the Philippine Investors Dialogue in Washington D.C., NEDA...
The Philippines, Japan, and the US announced the launch of the Luzon Economic Corridor, the first Partnership for Global Infrastructure and Investment corridor in the Indo-Pacific, which aims to accelerate coordinated investments in high-impact infrastructure projects in Subic Bay. Photos: PCO,...
While amending the economic provisions in the 1987 Constitution will attract more foreign investments, its impact on the country’s economy won’t be felt immediately, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Thursday, April 4. NEDA Secretary Arsenio...
