The Covid-19 crisis has exacerbated the tourism industry’s pre-pandemic structural challenges, the latest report by the Asian Development Bank (ADB) revealed on Friday, May 13. In an ADB report entitled “Supporting Post Covid-19 Economic Recovery in Southeast Asia,” the Manila-based lender...
Socioeconomic Planning Secretary Karl Kendrick T. Chua is hopeful that the next administration will adopt policy continuity as he also cautioned against reversing some important reforms enacted under the Duterte administration. Chua, who is also head of the National Economic and Development...
With the May 2022 presidential race seemingly over and victory all but formalized by the National Board of Canvassers, UniTeam bet Bongbong Marcos appeared before media Wednesday night, May 11 to discuss "what's next". (Screenshot from Facebook live) "Maraming nagtatanong ngayon na kahit hindi pa...
The National Economic and Development Authority (NEDA) remained optimistic that the economy will return to its pre-pandemic growth this year as the country continues to build on progress in recovering from Covid-19. During the Philippine Consulate General town hall meeting in New York City on April...
Malacañang said it would step up its game to address the socioeconomic concerns of the country after the Philippine Statistics Authority (PSA) reported the country's highest inflation rate since January 2019. (FILE PHOTO) Communications Secretary Martin Andanar made this statement after the...
The Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) has sealed a loan to the Philippines to finance the engineering services for the Panay-Guimaras-Negros Island bridges project. In a statement, the Department of Finance (DOF) said that the Philippines and Korea...
All regions in the country posted positive economic growths last year, a reversal of the contractions seen at the height of the coronavirus pandemic, the Philippine Statistics Authority (PSA) reported. Data from the PSA revealed on Thursday, April 28 that all economies of 17 regions in the...
“Wastong pag-utang, susi sa pagbangon ng bayan” (Proper borrowing, key to people’s recovery) is the theme of this year’s observance of Credit Consciousness Week a practice that began in the last week of April 1995 with the issuance by then President Fidel V. Ramos of Proclamation No. 568....
The National Economic and Development Authority (NEDA) has recognized the role of innovation in the country’s structural transformation and transition to high-income country status. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that transition to high-income country...
President Duterte’s successor should avoid accumulation of additional government debt, as the Department of Finance (DOF) said the next administration should prioritize policies that will entice more economic activity. Finance Secretary Carlos G. Dominguez III said on Thursday, April 21, that the...
OF TREES AND FOREST Former Senate President Manny Villar One important lesson I have learned is that life always offers us a second chance. Even when we experience failures and setbacks, life always gives us a do-over so we can try again and succeed. This, I believe, is the real message of Easter....
The government's pandemic task force has called for the implementation of the 10-Point Policy Agenda on Economic Recovery and urged all government agencies to ensure all related policies, measures, and programs are aligned with the Ten-Point Policy Agenda, Malacañang said. President Duterte...
