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...
According to the Philippine Statistics Authority (PSA) on its report yesterday, the country's GDP or Gross Domestic Product grew by 6.3 percent on the last quarter of 2015. For the whole of 2015, the country's economy grew by 5.8 percent...
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....