Current political issues in the Philippines are not affecting the performance of the country's economy, an official of the Department of Finance (DOF) assured the public. Finance Undersecretary Domini Velasquez said investor confidence has not waned despite the growing noise in the political arena....
The Philippine Statistics Authority (PSA) announced on Thursday, Aug. 8, that the country's economy increased by 6.3 percent in the second quarter of the year. The nation's gross domestic product (GDP) recorded strong growth, outpacing the 5.8 percent expansion seen in the first quarter of 2024 and...
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 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...
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...
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...
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...
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...
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...
