The first batch of Filipinos evacuating from Sri Lanka amid the ongoing economic crisis there has arrived in the Philippines, the Department of Foreign Affairs (DFA) announced on Sunday, July 31. 13 Filipino repatriates from Sri Linka (DFA photo) According to the DFA, 13 distressed Filipinos,...
The Department of Finance (DOF) said the government will make sure that gains from economic recovery will trickle down the ordinary Filipinos, saying the Marcos administration has strategic interventions to attain it. In a statement, Finance Secretary Benjamin E. Diokno said Friday, July 29, that...
The country's economic managers should discuss in detail how they will help implement President Ferdinand "Bongbong" Marcos Jr.'s plans for the Philippines as stated in his recent State of the Nation Address (SONA). Senator Chiz Escudero made the call on Wednesday, July 27, saying that while...
President Marcos’ economic team will work closely with Congress, the private sector, and civil society in a unified approach to economic recovery and long-term growth, the Department of Finance (DOF) said. At the Post-State of the Nation Address (SONA) Economic Briefing on Tuesday, July 26,...
The Marcos administration is aiming to raise Filipinos’ average earning to around P20,000 per month in two years, an income level that would propel the Philippines towards the much coveted upper-middle income status. From the current per capita income of $3,549 or roughly P197,692 at current...
President Ferdinand Marcos Jr. delivered on Monday, July 25, his first State of the Nation Address (SONA)—a speech that was 73 minutes long, and marked by 90 rounds of applause. House Speaker Martin Romualdez and Senate President Juan Miguel Zubiri applaud President Ferdinand Marcos Jr. as he...
As he recognized the need to address the setback caused by the Covid-19 pandemic and other forces and to prepare for future shocks, President Ferdinand "Bongbong" Marcos Jr. has bared his administration's plans to promote the country's economy. President Ferdinand 'Bongbong' Marcos Jr. delivers his...
Incoming Senate President Juan Miguel “Migz” Zubiri wants to hear about a legislative roadmap of the priority measures of the new administration, and government solutions to the rising inflation rate, cost of goods, Covid-19 cases, and ways to strengthen the economy in President Ferdinand...
BAGUIO CITY – Ilocos Sur governor Jerry Singson has called on local government units, individuals, even barangays and residents to enter entrepreneurship in tourism to help the province’s economic recovery program. Ilocos Sur Gov. Jerry Singson, together with provincial board members, made a...
Senator Francis “Chiz” Escudero has filed a bill that seeks to double the amount being received by some 1.8 million government employees as Personnel Economic Relief Allowance (PERA) to help them cope with the higher prices brought about by the Covid-19 pandemic and oil price hikes. In filing...
Asian Development Bank (ADB) expects the Philippine economy to grow at a much faster pace this year despite accelerating consumer prices. In the Asian Development Outlook 2022 Supplement report released on Thursday, July 21, the Manila-based multilateral institution raised its gross domestic...
The Asian Development Bank (ADB) expects the Philippine economy to grow at a much faster pace this year despite accelerating consumer prices. In the Asian Development Outlook 2022 Supplement report released on Thursday, July 21, the Manila-based multilateral institution raised its gross domestic...
