Socioeconomic Planning Secretary Karl Kendrick Chua on Thursday, August 26, expressed optimism that the Philippines' economy will recover to a pre-pandemic level late next year or in early 2023. NEDA Secretary Karl Kendrick Chua (Malacañang Photo) During the first hearing of the House Committee...
Presidential Adviser for Entrepreneurship Joey Concepcion said the private sector is hopeful that Metro Manila would soon achieve "micro-herd immunity" that would in turn boost economic activity in the region. Presidential Adviser for Entrepreneurship Joey Concepcion presents the proposed travel...
Communications Secretary Martin Andanar said the Duterte administration is already preparing the country to bounce back to a more dynamic economy post-pandemic as it strived to curb the impacts of the coronavirus disease (COVID-19). Presidential Communications Secretary Martin Andanar (File...
The Japan International Cooperation Agency (JICA) approved the fourth and final tranche of its standby loan, which will be used in the Philippines’ post-pandemic recovery programs, the Department of Finance (DOF) announced. JICA In a statement, Finance Secretary Carlos G. Dominguez III said the...
The government’s chief economic manager said the two-week enhanced community quarantine (ECQ) has been a big achievement for the country’s inoculation program despite the sustained surge in infections. COVID-19 vaccine Finance Secretary Carlos G. Dominguez III said Friday, August 20, that the...
The ongoing coronavirus disease (COVID-19) pandemic might have greatly affected the local tourism industry, but it should not be an excuse for not pursuing sustainability, Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat said. DOT Secretary Bernadette Romulo-Puyat speaks during the...
The Delta variant-driven lockdowns imposed to curb the spread of the virus triggered the Development Budget Coordination Committee (DBCC) to significantly slash its economic growth outlook for the year. The DBCC, an inter-agency body tasked to set the country’s macroeconomic targets, further...
Higher volumes at Asian Terminals Inc. (ATI)' s international gateway ports in Manila and Batangas boosted the operator's revenues for the first six months of 2021 by 8.2% to P5.47 billion versus the same period last year. ati_headoffice However, ATI's net income dipped 2% to P1.13 billion due to...
Presidential Communications Secretary Martin Andanar is hopeful for the quick recovery of Labor Secretary Silvestre Bello III after he got infected with the coronavirus disease (COVID-19). President Duterte talks to Labor Secretary Silvestre Bello III during the 85th anniversary of the Department...
The Development Budget Coordination Committee (DBCC), an inter-agency body tasked to set the government’s macroeconomic targets, will meet tomorrow, Wednesday, August 18, to reassess the country’s recovery amid the mutating coronavirus. Finance Secretary Carlos G. Dominguez III But ahead of the...
After recovering from coronavirus disease (COVID-19), Philippine Red Cross Chairman and Chief Executive Officer (CEO) Senator Richard Gordon reminded the public to always be extra careful to reduce the risk of getting infected. PRC Chairman and Senator Richard J. Gordon (MARK BALMORES / MANILA...
The government’s chief economic manager said the country’s recovery remains “promising” despite “speed bumps” this year. Finance Secretary Carlos Dominguez III Finance Secretary Carlos G. Dominguez III said he is still optimistic over the Philippines’ “promising” prospects for a...
