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MANILA — Philippine stocks stayed around the 6,800 level on Thursday due to investors grappling with more economic uncertainties, particularly the government’s rising debt. The Philippine Stock Exchange index or PSEi dropped by 0.54 percent, or 36.76…
MANILA, Philippines — The local creative economy surged ahead in 2023, surpassing national output growth to reach a total value of P1.72 trillion. This sector not only generated more jobs but also made a significant contribution to…
The Philippines’ consumption-driven economy is expected to benefit from a mix of lower inflation and a strong job market, according to BMI, a unit of the Fitch Group. Using 2010 as the base year, BMI is projecting…
MANILA, Philippines —The Marcos administration fell short of its growth goal last year due to significant inflation, resulting in a 5.6 percent gross domestic product (GDP) growth in 2023. This marked a slowdown from the 7.6 percent…
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near…
MANILA, Philippines — Analysts from First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) predict that despite revenge spending boosting the economy, growth is unlikely to reach the lower end of the Marcos…
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…
MANILA – Philippines – The dollar flow surplus of the Philippine economy — which has been building up every month since the start of the pandemic — surged significantly in September, as the inflow of foreign exchange…
I cannot believe it. In the face of an unprecedented and disastrous contraction of the Philippine economy of 16.5 percent in the second quarter of 2020, the Bayanihan 2 budget is allocating only P140 billion—with another P25…
MANILA, Philippines–The Philippine economy contracted by a record 16.5 percent during the second quarter — at the height of the longest and most stringent COVID-19 lockdown in the region that had put a halt to 75 percent…
About eight million Filipinos would go jobless as the pandemic rages and while the Philippine economy reels from the most stringent lockdown in the region, slow disease containment and an influx of returning migrant workers, according to…
MANILA, Philippines — Malacañang is now open to getting loans and grants from countries that had backed Iceland’s resolution in the Human Rights Council seeking an investigation into the rights situation in the Philippines. A Feb. 27…
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