The Economy

The Economy

Philippines growth to resume in 2019

Amid the tapering off of inflationary pressures and the government’s infrastructure push, the Asian Development Bank (ADB) is expecting Philippines’ economic growth to pick up next year. In an update…

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Korean firm commits to invest USD1-B in Bataan

Freeport Area of Bataan (FAB) Chairman Emmanuel Pineda announced that a new locator has committed to invest USD1 billion at FAB. Pineda and Virgilio Pagulayan, President of The BizLink, Phils.,…

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President Duterte returns from successful ASEAN Leaders’ Gathering

DAVAO CITY — President Rodrigo Roa Duterte arrived in Manila early morning on Friday, October 12, reporting his fruitful participation in the Association of Southeast Asian Nations (ASEAN) Leaders’ Gathering…

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PH Underlines Solidarity with Developing Countries, Outlines Socio-Economic Priorities at G77 Meeting

NEW YORK 11 October 2018 – The Philippines underlined that the Philippines stands in firm solidarity with the Group of 77 in emphasizing the intricate nexus between peace and security…

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President Duterte calls for stronger ASEAN to achieve Sustainable Development Goals

BALI, Indonesia — President Rodrigo Roa Duterte on Thursday, October 11, urged the Association of Southeast Asian Nations (ASEAN) leaders to stand as a united and stronger regional community to…

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‘Pinoy Tasty’ and ‘Pinoy Pandesal’ to retain its prices throughout the Christmas Season

No price increases for Pinoy Tasty and Pinoy Pandesal this Christmas season, says the Philippine Baking Industry Group (PhilBaking), makers of famed affordable bread. In a meeting presided by Department…

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PH total exports up 4.1% in first half; DTI eyes stronger manufacturing base to sustain increase

The Department of Trade and Industry (DTI) reported that total exports of goods and services grew by 4.1% year-on-year (yoy) to USD 44.2 billion in the first half of 2018…

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FAO, Philippine Disaster Resilience Foundation to strengthen partnership on building more disaster-resilient Filipino communities

The ever-increasing threats from climate change, evidenced by the increasing severity and frequency of disasters, require concerted efforts to build and strengthen resilience of communities in countries most vulnerable and…

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DTI set to Participate in China’s Largest Expo

As the Philippines’ main export and investment promotion agency, the Department of Trade and Industry (DTI) has organized the country’s participation in the first China International Import Expo (CIIE) on…

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OTOP Hub Opens in Zamboanga

The Department of Trade and Industry Regional Office IX launched the OTOP Philippine Hub at the KCCC Mall de Zamboanga. Known as the City of Flowers and is now one…

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President Duterte to push for inclusive, sustainable growth at ASEAN Leaders’ Gathering

BALI, Indonesia – President Rodrigo Roa Duterte arrived here Wednesday night to attend the Association of Southeast Asian Nations (ASEAN) Leaders’ Gathering, where he is expected to highlight the importance…

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Secretary Piñol advocates for R&D in ASEAN Agri Summit 2018

Secretary Manny Piñol of the Department of Agriculture (DA) together with more than 50 top-notch global speakers, the ASEAN Mentorship for Entrepreneurs Network (AMEN), ASEAN Business Advisory Council (ASEAN BAC)…

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PH Investment Forum Entices over 300 Malaysian Businessmen to Partner with PH

KUALA LUMPUR 04 October 2018 – Drawn by economic opportunities in the Philippines, more than 300 Malaysian investors and businessmen flocked to the 2018 Philippine Investment Forum on 25 September 2018, filling…

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PH Participates in Business Meeting in Lyon

PARIS 05 October 2018 – In its goal to promote investment and business opportunities in the Philippines, representatives from the Philippine Trade and Investment Center (PTIC)-Paris participated in a business…

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Philippines included in world’s top 15 tourism powerhouses

The Philippines is among the top 15 tourism powerhouses in the 2018 World Travel & Tourism Council (WTTC) Power and Performance Report released on Wednesday, September 26. WTTC’s latest Power…

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JOBS JOBS JOBS: Construction sector posts 4M jobs

A year-on-year increase of 468,000 jobs generated in the construction sector based on a Labor Force Survey conducted by the Philippine Statistics Authority in April 2018 was recently reported by…

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World Bank Releases US$496 Million to Assist Philippines after Typhoon Ompong

MANILA, October 2, 2018—The World Bank has released US$496.25 million to support the Philippine government’s efforts to hasten recovery, rehabilitation, and reconstruction in areas battered by Typhoon Ompong (internationally known…

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PH Participates in China Int’l Fair for Investment, Trade

XIAMEN 26 September 2018 – The Philippines participated in the 20th China International Fair for Investment and Trade (CIFIT) held from 07 to 11 September 2018 in Xiamen City. Standing Committee…

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PH One of the Fastest Growing Construction Markets in the World

SEOUL 27 September 2018 – Ambassador to Korea Raul S. Hernandez represented the Philippines at the Global Infrastructure Cooperation Conference (GICC) co-hosted by Republic of Korea’s Ministry of Land, Infrastructure…

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ADB Revises 2018 Philippine Growth Outlook to 6.4%, Expects Pick Up in 2019

MANILA, PHILIPPINES (26 September 2018) — The Asian Development Bank (ADB) has revised its economic growth outlook for the Philippines to 6.4% for 2018 and 6.7% for 2019 as the country’s…

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Philippines growth to resume in 2019

Korean firm commits to invest USD1-B in Bataan

President Duterte returns from successful ASEAN Leaders’ Gathering

PH Underlines Solidarity with Developing Countries, Outlines Socio-Economic Priorities at G77 Meeting

President Duterte calls for stronger ASEAN to achieve Sustainable Development Goals

‘Pinoy Tasty’ and ‘Pinoy Pandesal’ to retain its prices throughout the Christmas Season

PH total exports up 4.1% in first half; DTI eyes stronger manufacturing base to sustain increase

FAO, Philippine Disaster Resilience Foundation to strengthen partnership on building more disaster-resilient Filipino communities

DTI set to Participate in China’s Largest Expo

OTOP Hub Opens in Zamboanga

President Duterte to push for inclusive, sustainable growth at ASEAN Leaders’ Gathering

Secretary Piñol advocates for R&D in ASEAN Agri Summit 2018

PH Investment Forum Entices over 300 Malaysian Businessmen to Partner with PH

PH Participates in Business Meeting in Lyon

Philippines included in world’s top 15 tourism powerhouses

JOBS JOBS JOBS: Construction sector posts 4M jobs

World Bank Releases US$496 Million to Assist Philippines after Typhoon Ompong

PH Participates in China Int’l Fair for Investment, Trade

PH One of the Fastest Growing Construction Markets in the World

ADB Revises 2018 Philippine Growth Outlook to 6.4%, Expects Pick Up in 2019

Home Is a Moving Target

Securing Tomorrow: WOSAS 2026 Showcases the Future of Safety, Security, and Resilience

Provincial Tourism Office Assesses Ayungon’s Potential Ecotourism Sites

Lasang Lokal, Proudly Pico Celebrates Batangas Beef in Its Penultimate Episode

Cyan Modern Kitchen Unveils The Weekend Collection: A Curated Series of Themed Dinner Experiences at Lanson Place Mall of Asia

Marcos highlights DHSUD, Pag-IBIG Fund gains under Expanded 4PH as housing program delivers over 500,000 homes for Filipinos

Franchise Association Launches First-Ever Visayas Franchise Conference 2026 – Igniting Growth: Visayas and Beyond

The 2026 Franchise Negosyo Roadshow Begins: “Franchise Negosyo Visayas Expo” Opens in Cebu