As the country continues to rise from the impacts of the COVID-19 pandemic, more resilient, more inclusive, and more sustainable communities are expected to be built as the Department of Environment and Natural Resources (DENR) prepares its portfolio of post-pandemic "green recovery" projects for...
Senate President Juan Miguel “Migz” Zubiri on Thursday, January 26 welcomed the news of the Philippines’ latest gross domestic product (GDP) growth calling it as a “remarkable success” and credited the efforts of President Ferdinand “Bongbong” Marcos Jr.’s administration for such...
After the pandemic wrought havoc in the global travel industry for the past three years, Cebu Pacific (CEB) is restoring 100 percent of its pre-COVID network and capacity by March and expects full recovery this 2023. "We're back," Candice Iyog, CEB Chief Marketing and Customer Experience Officer...
LAOAG CITY, Ilocos Norte -- At least 300 Ilokano entrepreneurs received a ‘COVID-19 Recovery Assistance’ and ‘Mataginayon a Progreso’ assistance from the provincial government of Ilocos Norte through its micro, small, and medium enterprise (MSME) office at the Ilocos Norte Centennial Arena...
President Ferdinand R. Marcos, Jr.’s state visit to China has yielded productive results that strengthen what he describes as “the positive trajectory” of the two countries’ relationships. Since 2018, the Philippines-China relations had been elevated to the Comprehensive Strategic...
GENEVA, Switzerland -- More than $16 billion is needed to help Pakistan recover from devastating floods that submerged a third of the country last year, and to better resist the impact of climate change, the United Nations said Thursday. In a bid to meet the towering needs, Pakistan Prime Minister...
Pasig City Mayor Vico Sotto said on Monday, Jan. 2, that the city will focus on the rehabilitation of its drug dependents and promised the creation of more anti-drugs projects and recovery initiatives. In his Facebook post, Sotto said that for 2023, the city government will focus on its "aftercare...
The National Economic and Development Authority (NEDA) Board chaired by President Ferdinand R. Marcos, Jr., approved last December 16 the Philippine Development Plan for 2023-2028, with the following key macroeconomic targets: gross domestic product (GDP) growth ranging from 6.5 to 8.0 percent;...
As the world teeters on the brink of another recession, the Department of Finance (DOF) assured that the Philippine would weather the looming sharp contraction in global economic output next year. Finance Secretary Benjamin E. Diokno said the Philippines has the adequate buffers against external...
Finance Secretary Benjamin E. Diokno expects the Philippine economy would grow faster than expected this year due to surging manufacturing and construction sectors, as well as strong domestic demand. In a commentary released on Wednesday, Dec. 28, Diokno said the country’s economy, as measured by...
Noting how better health could help improve a family's socio-economic conditions towards achieving pandemic recovery, Senator Christopher "Bong" Go continues to push for the improvement and expansion of the country's public health services, especially for the poor. “Malaking bahagi po ng budget...
The Philippines would not suffer a sharp economic slowdown next year due to strong domestic consumption, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. In the December issue of the Market Call, FMIC and UA&P said the ongoing...
