Third quarter surprise

Cielito F. Habito - @inquirerdotnet 11/23/2021

I was wrong about how the economy would fare in the third quarter (Q3) this year. And like most everybody else, I’m glad I was. Most were surprised at the unexpected strong upturn in the country’s gross…

PH GDP seen shrinking by over 7% in 2020

Ben O. de Vera - Reporter / @bendeveraINQ 09/24/2020

MANILA, Philippines — The Philippines’ gross domestic product (GDP) is expected to fall at its worst rate in at least 36 years, no thanks to the COVID-19 pandemic’s debilitating impact on the domestic as well as global economies.…

Gov’t ramps up spending to fight COVID-19

Ben O. de Vera 09/10/2020

To better fight COVID-19 and fast-track recovery from the pande­mic-induced recession, the government plans to spend a bigger amount of P2.33 trillion during the second half of this year. The latest quarterly fiscal program for 2020 released…

ECQ impact on economy ‘more severe than expected’

Ben O. de Vera - Philippine Daily Inquirer 07/11/2020

The Philippines is bracing for a worse-than-expected drop in gross domestic product (GDP) in the second quarter as the country’s chief economist on Friday said the COVID-19 lockdown inflicted more pain to the economy than earlier projected.…

COVID-19’s damage to the Philippines and Cebu economy

Fernando Fajardo 04/29/2020

  The size of the economy is usually measured by the size of its Gross Domestic Product (GDP). The GDP sums up the value of the country’s total output of final goods and services. It is also…

Impact of COVID-19 on Philippine tourism, economy

Fernando Fajardo 03/11/2020

One of the most visible impacts of COVID-19 is seen in the tourism industry. What will be the extent of losses caused by COVID-19 to the Philippine tourism industry and to the national economy? As a background,…

Tourism, economy among major concerns raised at Dagyaw 2019 dialog

Irene R. Sino Cruz 07/09/2019

CEBU CITY, Philippines–Concerns ranging from security to economy were raised by various sectors during the Dagyaw 2019 Dialogue held Tuesday, July 9, at the Cebu Provincial Capitol Social Hall. Dagyaw 2019 refers to the Open Government and…

Cebu’s business heads laud PH’s economic performance

Victor Anthony V. Silva 01/26/2017

Slow Q4 growth of 6.6% posted last year, but 2016’s 6.8% GDP growth fastest in 3 years Business leaders in Cebu welcome the country’s strong economic performance in the last quarter of the 2016, with economy growing…

Cebu business heads expect GDP growth in 4th quarter of 2016

Victor Anthony V. Silva 01/24/2017

BUSINESS leaders in Cebu anticipated a good performance from the Philippine economy in the last quarter of 2016, ahead of the release of fourth-quarter domestic economic data this week. Mandaue Chamber of Commerce and Industry (MCCI) president…

Infra spending hike to grow logistics sector by 300%

Victor Anthony V. Silva 11/24/2016

Increased spending on infrastructure, which is the thrust of the Duterte administration especially on improved transport facilities, is expected to grow the Philippine logistics industry by at least 300 percent in the next four years. Jonathan Cabaltera,…

PH posts 7.1% GDP GROWTH: Duterte gov’t lauded; early economic momentum cited

Victor Anthony V. Silva 11/17/2016

Business leaders in Cebu lauded the present administration for the 7.1-percent growth of the Philippine economy during the first three months of President Rodrigo Duterte in office. However, some said this could also be owed to the…

Duterte admin eyes 24/7 work on infra projects

07/06/2016

President Rodrigo R. Duterte has given his go-ahead to implement economic managers’ plan to do 24/7 work on infrastructure projects, alongside a faster rollout of public-private partnership (PPP) projects. Budget Secretary Benjamin E. Diokno told reporters Tuesday…

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.