House Speaker Martin Romualdez wants to get tough against the hoarders of onion and garlic, who according to the official are committing "economic sabotage". House Speaker Martin Romualdez, onions sold at a Quezon City supermarket (Speaker’s office, MANILA BULLETIN) “We received information...
President Ferdinand R. Marcos Jr. approved the implementation of seven infrastructure projects worth P154.72 billion, including a cancer center for the University of the Philippines - Philippine General Hospital (UP-PGH), the National Economic and Development Authority (NEDA) announced. In a...
KINSHASA, DR Congo -- Pope Francis arrived in the Democratic Republic of Congo on Tuesday, denouncing "economic colonialism" that he said had plundered the resources of the mineral-rich and conflict-torn nation. Pope Francis delivers a speech in the garden of the Palace of the Nation during the...
House Speaker Martin Romualdez sees warmer relations between the Philippines and the United States (US) under the Marcos administration that will bring economic gains to the two nations. Speaker Martin Romualdez (right) speaks during a luncheon caucus of the US-Philippines Society at the Manila...
The new leadership at the Cagayan Economic Zone Authority (CEZA), which administers the Cagayan Special Economic Zone and Freeport (CSEZFP), is looking at new investment potentials in agriculture, manufacturing and logistics to diversify its current investment portfolio beyond interactive gaming...
The Philippine Statistics Authority’s announcement that the country achieved a 7.6 percent growth in gross domestic product (GDP) in 2022 affirms that, despite high inflation rates, the economy is on track in regaining its pre-Covid pandemic footing. This improves on the 5.7 percent growth in...
President Ferdinand "Bongbong" Marcos Jr. said that the Philippines is moving in the right direction while it continues to recover from recent shocks. President 'Bongbong' Marcos Jr. (PCO Screenshot) Marcos said this after the Philippine Statistics Authority (PSA) reported Thursday that the...
The United Kingdom is wishing to become one of the Philippines' top investors considering the country’s wide market and the government’s measures to ensure easier access to conducting business transactions. UK Ambassador to the Philippine Laure Beaufils said UK "wants to...
Senate President Juan Miguel “Migz” Zubiri on Thursday, January 26 welcomed the news of the Philippines’ latest gross domestic product (GDP) growth calling it as a “remarkable success” and credited the efforts of President Ferdinand “Bongbong” Marcos Jr.’s administration for such...
Malacañang has attributed the 7.6 percent economic growth to President Ferdinand "Bongbong" Marcos Jr. "good economic stewardship." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "President Ferdinand R. Marcos Jr.’s good economic stewardship resulted in the Philippines posting 7.6...
Filipinos have not let high inflation rate stop them from spending in 2022, as the Philippine Statistics Authority (PSA) reports that the country’s economic growth performed better than expected last year to a record growth in more than four decades due to revenge spending. The economy, as...
The country’s economic growth in the third quarter last year was maintained at 7.6 percent, the Philippine Statistics Authority (PSA) reported. The PSA made the announcement a day before the scheduled release of the fourth-quarter and full-year 2022 gross domestic product (GDP) performance on...
