Posts Tagged Philippine economy

Philippine GDP declines by 4.2% in first quarter of 2021 – PSA

Robie de Guzman   •   May 11, 2021

MANILA, Philippines – The Philippine economy shrank by more than expected in the first quarter of the year, according to government data released on Tuesday, as prolonged community quarantines due...

Speaker Velasco files P420-B Bayanihan 3 bill

UNTV News   •   February 8, 2021

MANILA, Philippines — House Speaker Allan Velasco has filed a bill proposing a P420-billion fund to further help stimulate the country’s economic recovery from the COVID-19 pandemic. In a press...

Duterte admits PH economy ‘in bad shape’ due to pandemic

Marje Pelayo   •   February 2, 2021

MANILA, Philippines – President Rodrigo Duterte admits that the global coronavirus disease (COVID-19) pandemic has seriously affected the Philippine economy. But he stressed that it is not only the Philippines...

PH economy can’t afford MECQ extension – Palace

Robie de Guzman   •   August 4, 2020

MANILA, Philippines – The Philippine economy may suffer gravely if the duration of the modified enhanced community quarantine (MECQ) will be extended in Metro Manila and nearby provinces, Malacañang said...

NEDA optimistic on PH economy’s recovery from crisis

Aileen Cerrudo   •   May 11, 2020

Despite a decline in the Philippine’s gross domestic product (GDP) during the first quarter, the National Economic Development Authority (NEDA) is optimistic the country can recover from the effects of...

COVID-19 has minimal impact on PH trade, economy — DTI

Aileen Cerrudo   •   March 4, 2020

Trade Industry Secretary Ramon Lopez Jr. said the COVID-19 outbreak has affected the Philippines’ supply chain. The country’s imports from Hubei, China, the epicenter of the virus outbreak, has been...

Higher infra, social services spending to fuel PH economy this year – DOF

Robie de Guzman   •   February 17, 2020

MANILA, Philippines – The Department of Finance (DOF) on Monday expressed confidence that the country’s pace of economic growth will “dramatically increase” this year despite the challenges that arose at...

Reenacted budget slowed down PH economic growth

Aileen Cerrudo   •   May 9, 2019

The Philippine’s economic growth has slowed down to 5.6% due to the delay in passing the 2019 national budget according to the National Economic and Development Authority (NEDA). According to...

PH among top 10 happiest, most hopeful, and optimistic economies for 2018 – survey

admin   •   January 3, 2018

MANILA, Philippines —  The Philippines finds itself among the top 10 happiest, most hopeful and optimistic economies for 2018 based on the Gallup International Association survey. The start, as well as...

President Duterte reiterates purpose of PH-China ties

admin   •   March 8, 2017

President Rodrigo Duterte met with Chinese Minister of Commerce Zhong Shan at Malacañang on Tuesday. In a speech at a Department of Agriculture event held at the Malacañang, the Chief...


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