Philippine economy posts 5.8% growth amid challenges
Resilient amidst challenges: The Philippines' economic journey in 2024
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Daily TribuneTopic
Resilient amidst challenges: The Philippines' economic journey in 2024
· 2 MIN READ
The Philippine economy grew by 5.8 percent during the first three quarters of 2024, falling short of the government’s target of 6.5 to 8.0 percent. Despite…
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President Ferdinand Marcos Jr. on Thursday expressed his satisfaction with the government’s performance on the economy in 2024 during the 24th National…
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The tourism industry contributed 8.6 percent of gross domestic product (GDP) in 2023, mirroring its significance to the national economy.
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IMF said growth will be driven by easing inflation, investments in infrastructure and technology, and continuous trade with China and its improving economy
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Philippines maintains strong momentum as Southeast Asia’s economic powerhouse, overcoming global challenges with resilience and robust growth.
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The anticipated growth is further fueled by rising household consumption, supported by improved employment, steady remittance inflows, and election spending.
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National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan disclosed on Tuesday that the Philippines has maintained its inflation rate…
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‘Sustained net inflows from the financial account will continue to buoy the overall BoP outlook this year.’
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The Marcos administration reflected on its accomplishments over the past year as it prepared for 2025.
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Crowds will marvel at fireworks and toast champagne to greet 2025 on Tuesday, waving goodbye to a year that brought Olympic glory, a dramatic Donald Trump…
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‘This project will construct a public broadband infrastructure network to enhance broadband connectivity and bring high-speed internet connections to…
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The P6.326-trillion national budget for 2025 is the government’s most powerful tool to deliver the biggest economic benefits to Filipinos, assuring the…
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The Philippines and Vietnam are set to commemorate the 10th anniversary of their strategic partnership next year.
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Marcos aims to sign the budget before the end of the year to avoid any disruptions in government functions in 2025
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‘A potential increase in US tariffs poses risks to export economies in the region. However, we do not expect such measures to immediately strain sovereign…
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For the second consecutive year, PHINMA Properties, the real estate arm of PHINMA Corporation, was awarded the prestigious Boutique Developer of the Year at…
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The recognition highlighted AIC’s steadfast dedication to building transformative and sustainable infrastructure ecosystems across four key business pillars:…
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