Iloilo 1st district Rep. Janette Garin (Ellson Quismorio/ MANILA BULLETIN) House Deputy Majority Leader and Iloilo 1st district Rep. Janette Garin says the investment environment in the Philippines needs to improve further in order to compete...
The Philippine Statistics Authority (PSA) reported that the country's creative industries registered sustained growth last year, although their contribution to the domestic economy decreased. In 2023, the creative economy posted a seven percent increase from January to December, hitting P1.72...
Tech giant Google Philippines lauded the robust and “amazing growth” of the Philippine economy under the present Marcos administration, saying the government's data reflect Google's digital economy reports. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Google Philippines Country...
Achieving an eight percent gross domestic product (GDP) growth in the Philippines is doable, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) Marcos said it could be attained, stressing that the Philippine government "always plans for the ideal." "Sure. Why not?" Marcos...
Finance Secretary Ralph G. Recto believes that the economic growth forecast provided by multilateral organizations is the more realistic target range for the Philippines compared to the current government assumption. During the Philippine Business Forum in Melbourne, Australia on Monday, March 4,...
(Photo from Pixabay) Forty-four percent of adult Filipinos expect the Philippine economy to “stay the same” in the next 12 months, based on the December 2023 Social Weather Stations (SWS) survey. The survey results, which were released on Wednesday, Feb. 28, also revealed that 40 percent of...
"We get things done." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) This was President Marcos' answer to praises he had been receiving for his response to issues surrounding the country's national security, economic competitiveness, tourism, and infrastructure development. In an...
The Department of Finance (DOF) has indicated that the Marcos administration may need to adjust its economic growth targets due to the lower-than-expected expansion recorded last year. Finance Secretary Ralph G. Recto emphasized the need for the Development Budget Coordination Committee (DBCC) to...
Source: Philippine Statistics Authority (PSA) The Philippine Statistics Authority (PSA) has reported that Aklan Province is the fastest-growing economy among provinces and highly urbanized cities in the country. The Province of Aklan, known for being the home of Boracay Island, recorded a...
A study by the National Economic and Development Authority (NEDA) has raised the need for a comprehensive telecommunications sector overhaul to address the negative effects of costly and slow Internet connectivity on the country's digital economy. In a policy note, the NEDA revealed that the...
The country's inflation rate in January this year marked its slowest growth in over three years, registering at 2.8 percent, the Philippine Statistics Authority (PSA) said. This means that the inflation rate, or the increase in prices of goods and services, moved at a slower pace during the period...
The news of the country's debt nearing P15 trillion is undoubtedly alarming. It raises the question of why the government continues to borrow extensively, despite its significant indebtedness. While many Filipinos tend to avoid borrowing, viewing debt as inherently negative and a sign of poor...
