The Economy

The Economy

DTI Chief boasts export growth amid the pandemic, commits to support PH export sector

Manila—With the aim of transforming Philippine exports into a globally competitive sector and delivering exporting breakthroughs, Secretary Fred Pascual emphasized the importance of pursuing an industry development-centric approach to export…

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The Economy

President Marcos Jr. to sign Executive Order to expedite implementation of strategic investments that will accelerate economic growth and generate jobs in PH

Manila—President Ferdinand R. Marcos Jr. will be signing an Executive Order (EO) providing for guidelines to expedite the processing and issuance of permits and licenses for the implementation of strategic…

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The Economy

Rising inflation brings striking fall in real wages, ILO report finds

Well-designed policy measures are needed urgently to prevent the deepening of existing levels of poverty, inequality and social unrest, according to the latest ILO report on global wages. The severe…

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The Economy

Day of Recognition held to honor contributions made by investors of the Philippines

Pasay City—As Board Chairman of the Philippine Economic Zone Authority (PEZA), Trade Secretary Fred Pascual praised PEZA’s top-performing economic zone developer and locator companies during the Investors’ Recognition Day held…

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Philippine tourism generated over ₱100B in revenue and welcomed over 2 million visitors in 2022

Last November 2022, the Department of Tourism (DOT) reported that visitor arrivals to the Philippines have reached the 2-million mark and accounted for more than Php 100 billion in estimated…

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The Economy

Long holidays for 2023 important to stimulate domestic tourism in the Philippines

The Department of Tourism (DOT) on Thursday (November 17) welcomed President Ferdinand R. Marcos Jr.’s recent signing of Presidential Proclamation No. 90, which adjusts the roster of regular holiday and…

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PH Trade Chief calls for observance of rules-based trading system, inclusive and sustainable trade in APEC

Bangkok, Thailand—On 17 November 2022, DTI Secretary Fred Pascual joined trade and foreign ministers from the Asia-Pacific region for the 33rd APEC Ministerial Meeting. The Department of Foreign Affairs was…

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The Economy

Philippines to tap private sector for infrastructure development and digital connectivity

Singapore —During the 17th Asia Pacific Conference of German Businesses (APK) held in Singapore on 14 November 2022, Trade Secretary Fred Pascual identified infrastructure connectivity as a potential area of…

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Outlook for Philippine Tourism Remains Positive

LONDON, United Kingdom — The Philippines is ready to receive more tourists as the outlook for Philippine tourism remains positive, with President Ferdinand Marcos Jr’s support for the industry as…

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The Economy

Stronger Climate Action Will Support Sustainable Recovery and Accelerate Poverty Reduction in the Philippines

MANILA – Climate change is exacting a heavy toll on Filipinos’ lives, properties, and livelihoods, and left unaddressed, could hamper the country’s ambition of becoming an upper middle-income country by…

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The Economy

$1.87-Billion Civil Works Contracts Signed for the Asian Development Bank-Financed South Commuter Railway Project in the Philippines

Manila, Philippines (6 October 2022) — The Philippines’ Department of Transportation today signed four civil works contracts totaling $1.87 billion for the South Commuter Railway Project (SCRP). The project, which will…

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Trade unions adopt conclusion for just economy, decent work in South-East Asia

At a sub-regional conference held in the Philippines, workers organizations from 10 South-East Asian countries adopted a joint resolution to revitalize in a changing world of work and outlined concrete…

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The Economy

Department of Tourism submits budget for 2023 to plenary; Senators press for higher tourism budget

The Senate Committee on Finance Subcommittee “J” on Thursday (Oct. 6) has submitted for plenary debate the proposed Php 3.573B budget of the Department of Tourism (DOT) and its attached…

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The Economy

Department of Tourism receives House of Representatives nod for P3.573B budget for 2023

Batasan Pambansa, Quezon City – After swift proceedings on Monday (September 26) lasting less than two hours, the Department of Tourism (DOT) gets the nod of the lower chamber for…

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The Economy

A New Program to Help Philippines Shift Toward a Green Economy through Climate Finance Strategies

Manila, Philippines —A new initiative will help mobilize private financing for more climate-friendly projects in the Philippines, with IFC launching the ‘30 by 30 Zero’ program that aims to help…

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Philippines strengthens tourism ties with Thailand

Bangkok, Thailand – Philippines Department of Tourism (DOT) Secretary Christina Garcia Frasco met with her counterpart Thailand Ministry of Tourism and Sports (MOTS) Minister Phiphat Ratchakitprakarn on the sidelines of…

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Philippines tourism chief pushes for increased connectivity, interoperability of vax certs, equalization of opportunities, and sustainability in APEC tourism ministers’ meet

Bangkok, Thailand – Increased connectivity, travel convenience, equal opportunities, and sustainable tourism. These were the focus points of Tourism Secretary Christina Garcia Frasco in her presentation at the 11th Asia-Pacific…

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The Economy

DTI Chief boasts export growth amid the pandemic, commits to support PH export sector

President Marcos Jr. to sign Executive Order to expedite implementation of strategic investments that will accelerate economic growth and generate jobs in PH

Rising inflation brings striking fall in real wages, ILO report finds

Day of Recognition held to honor contributions made by investors of the Philippines

Philippine tourism generated over ₱100B in revenue and welcomed over 2 million visitors in 2022

Long holidays for 2023 important to stimulate domestic tourism in the Philippines

PH Trade Chief calls for observance of rules-based trading system, inclusive and sustainable trade in APEC

Philippines to tap private sector for infrastructure development and digital connectivity

Outlook for Philippine Tourism Remains Positive

Stronger Climate Action Will Support Sustainable Recovery and Accelerate Poverty Reduction in the Philippines

$1.87-Billion Civil Works Contracts Signed for the Asian Development Bank-Financed South Commuter Railway Project in the Philippines

Trade unions adopt conclusion for just economy, decent work in South-East Asia

Department of Tourism submits budget for 2023 to plenary; Senators press for higher tourism budget

Department of Tourism receives House of Representatives nod for P3.573B budget for 2023

A New Program to Help Philippines Shift Toward a Green Economy through Climate Finance Strategies

Philippines strengthens tourism ties with Thailand

Philippines tourism chief pushes for increased connectivity, interoperability of vax certs, equalization of opportunities, and sustainability in APEC tourism ministers’ meet

Secretary Frasco optimistic on Philippines’ tourism resurgence, lauds Cebu tourism success

PH and UAE Boost Economic Cooperation, Sign Investment Protection Agreement in Dubai

President Marcos Jr. bullish on tourism recovery as new Tourism Chief Atty. Garcia-Frasco formally takes oath of office

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