THE booming skyline of Iloilo City. (Tara Yap) ILOILO CITY – The economy of the province of Iloilo and this city have bounced back from the initial impact of the pandemic, the Philippine Statistics Authority (PSA) said. The PSA said the economy of Iloilo posted a 4.5 percent growth last...
MANGOES grown in the island-province of Guimaras are said to be one of the world’s sweetest varieties. (Tara Yap) ILOILO CITY – The province of Guimaras is the fastest growing economy in the Western Visayas region in 2021. Data released by the Philippine Statistics Authority (PSA) said Guimaras...
Emperador Properties, the $1-billion personal real estate investment company of tycoon Dr. Andrew L. Tan, is going public as the first and only Filipino company to be listed in the Spanish stock exchange. In a statement, the firm said it became a REIT (known as SOCIMI in Spain) in September 2021....
The Department of Finance (DOF) and the Global Green Growth Institute (GGGI) sealed the implementation agreement for the Green Climate Fund (GCF) Readiness Program that seeks to speed up climate action through green finance. Finance Secretary Benjamin E. Diokno and GGGI Philippines Country...
The chief executive officer of a tech firm has projected a bullish growth for the Information Technology (IT) after the Covid-19 pandemic comes to an end. VST ECS Phils. President and CEO Jimmy Go speaks at the 2022 CXO Innovation Summit in Boracay Island. (VST ECS) “We are expecting the IT...
The P250 billion commitment of the Home Development Mutual Fund, or Pag-IBIG Fund, to the government housing program is an assurance of fair distribution of economic growth that will eventually create opportunities to the poor and those under the low-income bracket, Department of Human Settlements...
WASHINGTON, United States -- IMF chief Kristalina Georgieva warned Thursday that the chance of global growth dropping below two percent -- last seen during the coronavirus outbreak and the global financial crisis of 2009 -- is increasing as major economies slow. (FILES) Exterior view of the...
A House leader said it's "no fluke" that the administration of President Ferdinand "Bongbong" Marcos Jr. was able to record its first economic growth from its first ever quarterly report. Albay 2nd district. Joey Salceda (left) and President Ferdinand "Bongbong" Marcos Jr. (MANILA BULLETIN) Albay...
The economy grew better than initially estimated in the second-quarter of the year, given the strong contributions of construction, real-estate, and manufacturing sectors. The Philippine Statistics Authority (PSA) on Wednesday, Nov. 9, slightly raised upward its April to June economic growth, or...
Mobile wallet GCash has registered 66 million users as of mid-2022 because the company "chose to collaborate rather than compete" president and CEO Martha Sazon told a recent Mobile 360 Asia Pacific FinTech Summit. Collaborations with banks and other fintech providers helped GCash grow during the...
(OCTA RESEARCH FELLOW DR. GUIDO DAVID / TWITTER) The OCTA Research Group has observed that the seven-day Covid-19 growth rate in Metro Manila has decreased to -1 percent as of Aug. 14, which could be the beginning of a downtrend in infections in the central region. In an update shared on Twitter on...
House Ways and Means Committee Chairman Albay 2nd district Rep. Joey Sarte Salceda is confident that, by year end, the government will have hit its economic growth targets. This, despite the fact that the Philippine economy slowed down to 7.4 percent in the second quarter of 2022. Albay 2nd...
