The Philippines is the “clear laggard” in Asia, Moody’s Analytics declared, noting that its economy will likely return to its pre-pandemic levels only by the end of next year. Decentralized health advice alongside the sluggish COVID-19 vaccine rollout is denting the nation’s recovery, an...
Amid efforts to hasten economic recovery from the blow of the pandemic, President Duterte has invited Japanese businessmen to invest in the country's agriculture and digital economy sectors. President Rodrigo Duterte (File photo/Malacañang) Addressing the virtual international conference...
President Duterte has reiterated his call for greater global solidarity as the world continued to grapple with the coronavirus disease (COVID-19) pandemic. President Duterte speaks at the 2021 Nikkei Future of Asia Conference on Friday, May 21, 2021. (RTVM Screenshot from PCOO-OGMPA) Duterte made...
Some local business leaders have rallied behind the proposed issuance of vaccine passes to help the nation return to normal faster. According to Presidential Adviser on Entrepreneurship Joey Concepcion, business groups recognized the these vaccine passes or proof of vaccination could help...
Las Pinas City Mayor Imelda Aguilar said Friday that while it is difficult to strike a balance between the people's health and keeping the economy going, she still welcomes President Duterte's decision to place Metro Manila and nearby provinces under a "heightened" General Community Quarantine...
President Duterte has expressed his gratitude to the private sector for their "tremendous assistance" to the government as the country continued to grapple with the coronavirus disease (COVID-19) pandemic. President Duterte talks to the people after holding a meeting with core members of the...
Despite the coronavirus (COVID-19) pandemic, the Philippines still has the potential to become an economic powerhouse especially if it is able to take full advantage of its resources and make a mark in the global marketplace, Senator Sonny Angara said on Wednesday. Angara made the projection in his...
The Department of Finance urged Congress to pass the remaining tax packages plus other priority reforms of the government to help the country recover from the coronavirus pandemic. During the virtual Sulong Pilipinas 2021 forum on Monday, April 26, Finance...
Faced by continuing economic doldrums and a raging pandemic, President Duterte certified as urgent the immediate enactment of Senate Bill No. 2094 amending the Public Service Act, Senate Bill No. 1156 amending the Foreign Investments Act of 1991, and Senate Bill No. 1840 amending the Retail Trade...
The Philippines, one of the largest economies in Southeast Asia, is expected to continue its poor economic performance this year due to elevated and persistent infection cases, according to the latest report of the UN Conference on Trade and Development (UNCTAD). According to the UNCTAD’s...
The chief implementer of the National Task Force on COVID-19, Secretary Carlito Galvez Jr. would rather see Filipinos 'learning to live with the virus' rather than live with total lockdown enforcements anew. Secretary Carlito Galvez Jr., chief implementer of the National Task Force (NTF) on...
Trade and Industry Ramon M. Lopez expressed optimism that the Philippine economy will go back to pre-pandemic level ahead of 2023 that President Duterte earlier projected. “It is still possible. Will do our best, through other economic reforms and programs,” Lopez said when asked if the...
