The country’s economic growth performance for the second-quarter was slightly revised upward by the Philippine Statistics Authority (PSA). In its report on Monday, Nov. 8, PSA said the economy, or gross domestic product (GDP), expanded by 12 percent in April to June 2021, a revision of the...
EDITORIAL Responding to an apparent widespread clamor, the government declared the de-escalation of the National Capital Region (NCR) from alert level 3 to alert level 2 from November 5 to 21. This de-escalation follows an emergent consensus among key stakeholders on the need for fast-tracking the...
Economic recovery is “not a horse race” among Asian peers, the Department of Finance (DOF) clarified after a number of analysts anticipated that the Philippines may likely become the last country in region to regain its pre-pandemic growth level. “I don't watch the projections for the...
Presidential hopeful former Senator Ferdinand “Bongbong” Marcos is strongly convinced that Cebu province will play a very significant role in the recovery of the Philippine economy, with Cebu City expected to become one of the country’s center of development in the future. Sen. Bongbong...
Even after a year since Typhoon “Rolly” hit the Bicol region, the Philippine Red Cross (PRC) is continuing its recovery operations by helping the affected communities. (Philippine Red Cross / MANILA BULLETIN) To help the victims of last year's super typhoon to stand on their feet and begin life...
The continued recovery of foreign direct investment (FDI) this year is an indicator of the Philippines’ solid long-term prospects, the Department of Finance (DOF) said. Based on the latest DOF economic bulletin, the department noted that the country’s FDI sustained its robust growth in January...
Presidential aspirant Senator Ronald “Bato” Dela Rosa said he will pursue amendments to the Foreign Investment Act if he gets elected as president. In a televised interview, Dela Rosa said that part of economic programs would be to allow more foreign investors to invest in micro, small and...
A total of 219 persons who used drugs (PWUD) have completed the "Bidahan" anti-drug program of the Navotas City government, on Oct. 14. “We are glad that our fellow Navoteños have decided to change their ways. We are also happy for their families and loved ones. To our graduates, feel free to...
Midway through the start of the last quarter of the year, the country’s economic managers were focusing on how to pull off a strong finish to what has been a sputtering recovery from the ravages of the coronavirus pandemic. After nearly two months of restrictive quarantine, the capital region now...
Senator Pia Cayetano has proposed the distribution of targeted subsidies for families and individuals who want to start or expand their home-based and micro businesses to cope with the COVID-19 pandemic. Senator Pia Cayetano (Office of Sen. Cayetano) During the Senate finance committee hearing on...
Senator Panfilo Lacson on Saturday, October 16, urged the government to come up with emergency employment programs in the Philippines to address joblessness caused by the COVID-19 pandemic. Senator Panfilo 'Ping' Lacson (Senate of the Philippines) In a radio interview, Lacson said making...
Senator Grace Poe has urged the Department of Tourism (DOT) to ensure that health facilities are within standard in tourist destinations to make travelers feel safe and confident. Senator Grace Poe (Office of Sen. Poe) “In all areas in our country, ideally, there should really be basic health...
