Closer international cooperation is a must in order to speed up the Asia-Pacific region’s economic recovery from the coronavirus disease (COVID-19), while also addressing the challenges of climate change. President Rodrigo Duterte (Malacañang photo) President Duterte made this call during the...
Vice presidential aspirant Senator Christopher "Bong" Go on Friday said he remains optimistic with the country's economic resilience as the Philippines’ Gross Domestic Product (GDP) grew by 7.1 percent in the third quarter of 2021. With this figure, Go lauded the economic managers of the Duterte...
Senator Joel Villanueva on Friday, Nov, 12 said the Duterte administration should see to it that the P5.024 trillion national budget will be a massive “job generation” investment, with every spending leveraged to create as many employment opportunities possible, At the plenary deliberations...
President Duterte will participate virtually in the 2021 Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting on Nov. 11 to 12, a statement from Malacañang said. President Rodrigo Duterte (Malacañang photo) According to the statement, Duterte will join his APEC counterparts at the...
Editorial Unemployment in the Philippines in September was at its highest since January 2021, the Philippine Statistics Authority (PSA) reported last week, just before the government announced the easing of restrictions to Alert Level 2 in Metro Manila. The number of unemployed persons rose from...
Coming on the heels of the strictest quarantine regime in August and September, the economy grew by 7.1 percent in the third quarter, slower than the revised second-quarter growth of 12 percent. This exceeded the 4.8 percent consensus market forecast and fanned hopes for a strong finish possibly...
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...
