The Economy

Top Retailer in Saudi Arabia Wants More Filipino Workers and Philippine Products

Consul General to Jeddah Edgar B. Badajos (second from left) received Manuel Market Co-Founder and Chief Executive Officer Khalid Al Darwish (center) in courtesy call on July 15, 2019. During…

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The Economy

Asia and Pacific Growth Steady Amid Global Trade Tensions—Asian Development Bank

Manila, Philippines — According to a new Asian Development Bank (ADB) report released July 18, 2019, the developing parts of Asia will maintain strong but moderating growth for the remainder…

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The Economy

Philippines trade to recover in second half of 2019 – NEDA

Despite the Philippines’ recent decline in trade performance, imports and exports of goods are expected to be better in the second half of 2019 due to the country’s economic outlook…

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17 airport projects completed in first half of President Duterte’s term; 28 more ongoing

Clark, Pampanga — Advancing air connectivity throughout the country and with the world, the Duterte administration, through the Department of Transportation (DOTr) Aviation and Airports Sector and the Civil Aviation…

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The Future of Metro-Manila’s Railway Network

Commuting has always been a daily part in a Filipino’s everyday routine, and with it, comes the never-ending complaints and frustrations about the state of public transportation in Metro Manila.…

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Over 3.4 million international tourists visited the Philippines from January to May 2019—up nearly 10%

Manila, Philippines — Just for the first five months of 2019, a total of 3,489,270 tourists visited the Philippines, marking a 9.76 percent increase from last year’s figures, according to…

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Philippines promoted as investment destination in Italy

Rome, Italy — Ambassador to Italy Domingo Nolasco promoted the Philippines as a trade and investment destination at the Turin-ASEAN Business Days held in Turin, Italy on June 17 –…

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The Economy

The Philippines seen to grow faster than other Asian powerhouses

Manila — World Bank estimates indicate the Philippine economy will grow at a more rapid pace than Asia’s other regional economic powerhouses, such as China and Malaysia, during the remaining…

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President Duterte invites Thai businesses to invest in the Philippines

Bangkok, Thailand—President Rodrigo Roa Duterte met with Thailand’s top business leaders, inviting them to invest in the Philippines particularly as the administration goes full throttle on its Build, Build, Build…

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The Economy

DOT: Low-cost carriers meet CAPA set in Cebu

CEBU – A gathering of low-cost carriers’ stakeholders is set in the Province of Cebu from June 24 to 25 according to the Department of Tourism (DOT). The CAPA –…

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Philippines as an Artificial Intelligence Powerhouse

Makati – Department of Trade and Industry (DTI) Secretary Ramon Lopez discussed with the University of the Philippines School of Economics Alumni Association (UPSEAA) the potential of the Philippines (PH)…

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Philippines and Japan sign US$202-M loan accord for Mindanao road project

New Clark City, Pampanga, June 19 — Philippine and Japanese officials signed here Tuesday (June 18) an agreement providing the Philippines with a US$202.04-million loan from Japan to finance the…

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Personal remittances from Overseas Filipinos reaches US$10.8 billion in first four months of 2019

Manila, June 19 — Personal remittances from Overseas Filipinos (OFs) grew by 3.7 percent year-on-year to US$2.7 billion in April 2019 from US$2.6 billion in April 2018. On a cumulative…

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Universal Health Care Law and what it means to Philippine development

For 10 years now, Christine Porciuncula, an entrepreneur from Valenzuela City, has been battling end-stage renal disease. While she says the mental stress stemming from her condition is challenging enough,…

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President Duterte to continue Philippine Navy modernization

Sangley Point, Cavite City, June 18 — President Rodrigo Roa Duterte made an assurance Monday that he would continue modernizing the Philippine Navy to make it responsive to both external…

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The Economy

Department of Tourism eyes air, sea connectivity to emerging tourism sites

The Department of Tourism (DOT) moved to strengthen the position of MIMAROPA (Mindoro Occidental, Mindoro Oriental, Marinduque, Romblon and Palawan) or Region 4B as a world-class tourist hub by making…

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The Economy

Tugade orders 24/7 construction of Sangley Airport

Clark, Pampanga, June 12 — Department of Transportation (DOTr) Secretary Arthur Tugade has directed for the 24/7 construction of Sangley Airport in Cavite to meet the operational timeline set by…

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The Department of Tourism reports a 12.15% growth in foreign tourist arrivals for April 2019

The Department of Tourism (DOT) reports a 12.15% increase in international tourist arrivals for the month of April 2019. 662,987 arrivals were recorded—up from 591,137 total arrivals last year. The…

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The Economy

BOI investments top P291B from January to May, up 40%

Makati — Approved investments from foreign sources continued with its upward trend at P67 billion from P6.9 billion in January to May 2018, meanwhile, domestic investments maintained its steady growth…

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Department of Tourism bids hosting of United Nations World Tourism Organization confab in 2021

Bhutan – The Joint Meeting of the United Nations World Tourism Organization (UNWTO) Commission on Asia and the Pacific (CAP) and the Commission on South Asia (CSA) supported the Philippine…

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Top Retailer in Saudi Arabia Wants More Filipino Workers and Philippine Products

Asia and Pacific Growth Steady Amid Global Trade Tensions—Asian Development Bank

Philippines trade to recover in second half of 2019 – NEDA

17 airport projects completed in first half of President Duterte’s term; 28 more ongoing

The Future of Metro-Manila’s Railway Network

Over 3.4 million international tourists visited the Philippines from January to May 2019—up nearly 10%

Philippines promoted as investment destination in Italy

The Philippines seen to grow faster than other Asian powerhouses

President Duterte invites Thai businesses to invest in the Philippines

DOT: Low-cost carriers meet CAPA set in Cebu

Philippines as an Artificial Intelligence Powerhouse

Philippines and Japan sign US$202-M loan accord for Mindanao road project

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Personal remittances from Overseas Filipinos reaches US$10.8 billion in first four months of 2019

Universal Health Care Law and what it means to Philippine development

President Duterte to continue Philippine Navy modernization

Department of Tourism eyes air, sea connectivity to emerging tourism sites

Tugade orders 24/7 construction of Sangley Airport

The Department of Tourism reports a 12.15% growth in foreign tourist arrivals for April 2019

BOI investments top P291B from January to May, up 40%

Department of Tourism bids hosting of United Nations World Tourism Organization confab in 2021

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