
2024 growth falls short of targets; NEDA chief remains optimistic
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…
· 1 min read
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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…
· 1 min read
The European Chamber of Commerce of the Philippines (ECCP) noted that the country's economic growth and development is driven by forward-looking policy reforms…
· 3 min read

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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NutriAsia, one of the Philippines’ leading manufacturers of food products, recorded an impressive sixfold quarter-over-quarter (QoQ) growth on TikTok Shop…
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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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BOTOLAN, Zambales — The local government here has unveiled infrastructure projects worth a total of P200 million to sustain the economic growth of this…
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‘Partnering with logistics providers offering flexible routing options is also vital. Utilizing alternate shipping routes through ASEAN countries or air…
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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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‘Sustained net inflows from the financial account will continue to buoy the overall BoP outlook this year.’
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‘Unsafe water conditions are linked to the urban-rural divide, with millions of Filipinos in poor areas exposed to waterborne diseases’
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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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Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, recently hosted top executives from the Department of Trade and Industry’s (DTI)…
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Governor Joet S. Garcia expressed optimism that the Bataan-Cavite Interlink Bridge Project (BCIB Project), once completed, will open avenues for economic…
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In expanding its reach in the northern part of the country, the SM group, through SMX Convention Center Clark, announced plans to bolster its capacity to host…
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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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One day after hurdling the Senate, the House of Representatives on Tuesday approved on final reading the bill extending the land lease limits for foreign…
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The country’s tourism receipts, or the spending made by tourists while in the country, reached P712 billion as of mid-December, still far from the P3.36…
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Iloilo City Mayor Jerry P. Treñas has officially declared Roel Zabala Castro, President and CEO of MORE Power, as an "Adopted Son of Iloilo City." The…
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