LATEST NEWS

Vice President-elect and Davao City Mayor Sara Duterte on Wednesday, June 8, commended China’s role in the Philippines’ recovery efforts especially during the Covid-19 pandemic that battered most sectors and industries.

Malacañang has urged financial and media company Bloomberg to look at a country’s economic growth when measuring resilience as this was supposedly the best indicator of resilience amid the coronavirus (COVID-19) pandemic.

The Philippine economy will likely get back into its previous growth path by the end of next year, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report.

The Philippine economy may likely outperformed pessimistic forecasts for the third-quarter following the the sterling performance of the manufacturing sector, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report.

The ASEAN+3 Macroeconomic Research Office (AMRO) cut its economic growth outlook for the Philippines due to recurring new waves of coronavirus infections followed by the retightening of containment measures.

The Senate local government committee on Wednesday, June 2, started discussing proposals for the creation of a Metropolitan Davao Development Authority (MDDA).

The Department of Interior and Local Government (DILG) and the Department of Labor and Employment (DOLE) stressed Friday, May 28, that lifting the economic restrictions in the 1987 Constitution is vital for the country’s progress as it will open more job opportunities, a move deemed crucial amid the coronavirus disease (COVID-19) pandemic.