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The members of the globally popular K-pop boy band BTS have begun their military conscription, and the South Korean economy is set to lose at least an estimated $5.9 billion, based on estimates reported by CNBC. This…
PHILIPPINES — The increasing number of employable Filipinos can further revitalize the Philippines’ socio-economic development, which is still reeling from the effects of the pandemic—that is, if their numbers are fully maximized and harnessed, according to…
Last week brought welcome news on the economy, as the Philippine Statistics Authority reported that our gross domestic product (GDP) in the third quarter grew by 7.6 percent over the same quarter last year. Many argue that…
MANDAUE CITY, Philippines — Members of some progressive groups want President Ferdinand “Bongbong” Marcos Jr. to improve the public health system, economy and the country’s agriculture sector. On Monday, Oct. 10, members of BAYAN Central Visayas and…
The National Expenditure Program (NEP) is now being reviewed by the House committee on appropriations. Themed as the “Agenda for Prosperity: Economic Transformation Towards Inclusivity and Sustainability,” the NEP for fiscal year 2023 is the first full-year…
CEBU CITY, Philippines – Straightforward yet packed with comprehensive plans for the country’s economy. This was how leaders of Cebu’s business community described the first State of the Nation Address (SONA) of President Ferdinand “Bongbong” Marcos Jr.…
MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. delivered his first State of the Nation Address (Sona), giving a glimpse of his first few days in office and his plans for the next six years. Unlike his…
MANILA, Philippines — Two senators on Saturday said they hope to hear President Ferdinand “Bongbong” Marcos Jr. tackle the issues of illegal drugs, crime, terrorism, and economic recovery in his first State of the Nation Address (Sona). Senator Ronald…
The COVID-19 pandemic has brought health and economy to the fore, assuming paramount attention from the public. However, the concern seems less about the number of people and their social status. Yet, the Philippines has had the…
Now that the first-quarter growth figures are out, I thought I’d take a closer look at how the economy is growing. The report was a surprise to many, as most analysts had expected the gross domestic product…
MANDAUE CITY, Philippines — The economy of Central Visayas has grown by 5.4 percent in 2021 compared to a -9.5% in 2020. The region’s Gross Regional Domestic Product (GRDP) was measured at P1.20 trillion, higher than 2020’s…
Two years of the COVID-19 pandemic have fundamentally changed our economy. I came to see the extent of the change upon poring over the latest economic data much more closely than usual. Understanding these changes could help…
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