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PH Economic Performance Outpace Asian Neighbors Anew, Imports Increase by 16.8%

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The Philippine Statistics Authority (PSA) reported a 5-month consecutive growth in merchandise imports outpacing the economic performance of its Asian neighbors. The data released on …

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SSS Offers Calamity Relief Package Loans For ‘Typhoon Nona’ Victims

sss calamity loan

On December 18th, through proclamation No. 1186, the President declared a national state of calamity after the country was hit by typhoon Nona. The Social …

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Davao To Build Four Islands – The Consequences Of Success, Bloomberg

Victoria Plaza Davao

Davao beams with pride for the many successes that the city achieved with good governance – peace and order, thriving businesses, economic growth, advance infrastructures, …

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Meralco’s Electricity Sales Increase Hints Domestic Economic Growth, Analysts

power line

The massive impact of modern technology on the increase of electricity consumption paved the way to higher sales of the country’s largest electric distributor, Meralco. …

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Instituting DICT Makes Philippines a Competitive Global Business Destination, JFC

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In a joint statement on Thursday, several local and foreign business groups said that the passage of the bill that would create the Department of …

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OFW Remittances Growth at Slowest Pace

HONG KONG-PHILIPPINES-ECONOMY-REMITTANCES

Money sent by Filipinos working overseas is one of the major contributors to Philippine Economic Growth. It is the largest source of dollar income for …

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Over 700,000 People Fled – The Heavy Cost of Typhoon Melor

typhoon waves

Giant waves, floods and landslides frighten people in central Philippines where typhoon Melor hit before noontime Monday. Officials reported that over 700,000 people fled their …

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“Substantial Losses” on Agriculture for 2015

rice field

Palay and Corn production are expected to decrease this year due to the effects of El Niño and the recent typhoons that hit the country …

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New Law to Boost Economic Growth

economic growth

The Tax Incentives Management and Transparency Act (TIMTA) is a law that focuses on promoting transparency and accountability that will in turn encourage investors to …

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ADB Predicts 60% Higher Economic Losses Due to Climate Change

business building

According to the United Nations Office for Disaster Risk Reduction (UNISDR), a total of 274 disasters hit the Philippines from 1995 to 2015, making us …

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Employment Outlook Index Drops For Q1 of 2016, BSP

business office

An updated report from Bangko Sentral ng Pilipinas (BSP) shows a drop in the employment outlook index down to 19.5 percent for the first quarter …

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PH GDP Growth Forecast Drops, ADB Reports

business office

Weak global demand drops export earnings sharply in the third quarter and reduced the country’s 6 percent economic growth forecast for 2015 in an updated …

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Binay Blasts Government, Department of Agriculture Criticized Over 1 Billion Credit Facility

Jejomar-Binay

Vice President Jejomar Binay lashed on the government, hitting on the Department of Agriculture, Tuesday, criticizing that the Agriculture and Fishery Financing Program (AFFP) is …

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SSS Grows Collection To P98.3 Billion in 10 Months

SSS

The state-run social insurance program for non-government employees also known as Social Security System  (SSS) has collected a massive amount of P98.3 billion from its …

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Philippines Still 3rd Fastest Growing Major Asian Economy

business building

The challenge for the next national leaders is to keep up with the growing economic trajectory of the country that maintains, if not improves our …

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