DAVAO CITY – Economic growth in the Bangsamoro Autonomous Region in Muslim Mindanao dropped 1.3 percent from four percent in 2023 to 2.7 percent in 2024, the Philippine Statistics Authority (PSA) said. THE KCC Mall under construction in Cotabato City. (Keith Bacongco) PSA-BARMM Regional...
President Marcos said he was satisfied with the country's economic achievements last year, and ordered Cabinet officials to make the feats be known to the public. President Ferdinand 'Bongbong' MarcosJ Jr. talks with NEDA Secretary Arsenio Balisacan during the 24th NEDA Board Meeting at Malacañan...
JINAN, China—The Philippine government has pitched for more Chinese investments in the country, citing its advantage for conducting business, including economic growth and reforms as well as rich talent and demographic pool. Manila's trade representative in Beijing, Glenn Penaranda, led a...
Following the lower-than-expected gross domestic product (GDP) growth of 5.2 percent in the third quarter, Citi Research expects that stronger domestic demand will prompt a shift to six percent growth for the last three months. Citi Philippines economist Nalin Chutchotitham has revised her...
President Marcos has urged private businesses to continue working with the government to achieve the administration's goal towards economic growth. President Ferdinand R. Marcos Jr. (MB File Photo/Noel B. Pabalate) "Moving forward, I urge the PCCI to continue working with us so we can achieve our...
The World Bank expects the Philippine economy to grow by an average of six percent in the next three years — one of the fastest rates in the region, despite challenges to jobs arising from new technologies like robots and artificial intelligence (AI). In its East Asia and the Pacific...
House Speaker Martin Romualdez (Facebook) Speaker Martin Romualdez played up during plenary session on Wednesday night, Sept. 25 the contributions made by the House of Representatives, and Congress in general, to the economic...
Despite the string of strong typhoons that battered economically-productive parts of the Philippines so far in the third quarter, the country's chief economist still expects to hit the targeted economic expansion for 2024. "We're confident we'll achieve our six- to seven-percent growth target this...
A few months before reaching the midpoint of his six-year term, President Marcos ensured that the government was doing everything so every Filipino would benefit from the country's improving economy. File photos/Arnold Quizol Marcos said this after the Japan-based Rating and Investment Information,...
President Marcos has vowed to invest in job-generating infrastructure and social protection programs to further lower the country's poverty rate to nine percent by 2028 after reporting that the poverty rate dropped to 15.5 percent last year. In a video message late Friday, Aug. 9, Marcos noted that...
CALAPAN CITY, Oriental Mindoro – The Philippine Statistics Authority (PSA) reported that the Mimaropa region (Oriental Mindoro, Occidental Mindoro, Marinduque, Romblon, and Palawan) registered a 4.7 percent growth and its economy was valued at P411.4 billion in 2023. LENI Rioflorido (third from...
(MANILA BULLETIN) House Speaker Martin Romualdez has claimed that the proposed economic Charter change (Cha-cha) can impact the country’s growth as early as this year, for as long as it is set "in place". This, as leader of the...
