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PH Debt Soars to P7.3T but Country’s Capacity to Pay Increased

Hitting a record-high of P7.3 trillion at the end of 2018, the country’s debt has posted a 9.6 percent increase from 2017, but the steady economic growth has raised the government’s capacity to pay these debts. Accounting for the 65.5...
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PH Remains Among Fastest Growing Economies In East Asia, World Bank

The World Bank remains firm in its forecast that the Philippine economy will most likely grow by 6.4 percent this year, according to its Global Economic Prospects report released early January. The projected economic growth cites public-private projects speedy implementation...
Victoria Plaza Davao

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

Davao beams with pride for the many successes that the city achieved with good governance – peace and order, thriving businesses, economic growth, advance infrastructures, modern facilities, and the list goes on. Davao has been the meat of headlines and...
HONG KONG-PHILIPPINES-ECONOMY-REMITTANCES

OFW Remittances Growth at Slowest Pace

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 the economy. OFW remittances showed a slow growth of only 2 percent in November reaching...
economic growth

New Law to Boost 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 bring businesses in the country, provide more employment opportunities and boost the economic growth, according...
business office

PH GDP Growth Forecast Drops, ADB Reports

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 report submitted by the Asian Development Bank (ADP) to its Asian Development Outlook Supplement, Thursday....
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Aquino Sings His 10 Economic Achievements To Country’s Leading Businessmen

The Philippine Chamber of Commerce and Industry, the country's largest business organization held its 41st Business Conference on October 26-27 at the Marriot Hotel in Pasay City. The Philippine Business Conference (PBC) is an annual gathering and dialogue of policy...