International credit watcher Moody’s Investors Service recognized the country’s economic stability despite the pandemic. Affirming its Baa2 stable outlook, Moody’s said that the Philippines’ credit profile...
Amid the adverse impact of the pandemic to the local economy, the National Economic and Development Authority (NEDA) made revisions on the Philippine Development Plan (PDP)...
The Philippine economy shrank a record 9.5 percent last year, official data showed Thursday, after coronavirus measures devastated the retail and tourism sectors while a series...
The community quarantines imposed to contain the coronavirus disease had derailed the momentum of the local economy which was destined to become a middle-income status had...
Unprecedented challenges made the government, particularly economic managers, to implement creative measures to soften the impact of the virus. Acting Socioeconomic Planning Secretary Karl Chua, before...
The National Economic Development Authority (NEDA) projects a six to eight percent unemployment rate in 2021 as the economy is responding very fast now that quarantine...
Despite the challenges faced by the aviation industry due to the coronavirus disease 2019 (COVID-19) pandemic, the infrastructure arm of conglomerate Aboitiz Equity Ventures Inc. is...
While a contraction in the gross domestic product (GDP) was expected for the second and third quarters of the year, figures in the first quarter of...
The difference between former Planning Secretary Ernesto Pernia and Department of Health Secretary Francisco Duque is that one of them realized he was no longer effective...
