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economy

P1.4-B proposed budget for President Marcos' trips

P1.4-B proposed budget for President Marcos’ trips

by Margret Fermin

Budget Secretary Amenah Pangandaman defended the allocation of over P1.4 billion for the Office of the President’s local and foreign missions, including state visits, for the upcoming year. During a …

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DOT to continue using 'Love the Philippines' slogan

DOT to continue using ‘Love the Philippines’ slogan

by Margret Fermin

The Department of Tourism (DOT) will continue to use its new tourism slogan ”Love the Philippines.” Tourism Secretary Christina Frasco announced this Wednesday in an ambush interview at the 2022 …

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Marcos vows to do everything to rescue 17 Filipino hostages

Minimum wage hike may happen soon – Pres. Marcos

by Margret Fermin

President Ferdinand Marcos Jr. stated that an increase in the country’s minimum wage could be adopted shortly to protect employees from the economy’s “rapid expansion.” According to the Presidential Communications …

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PBBM extends reduce import rates on rice, corn, meat

Marcos looking at 2023 national budget to ‘retool economy’

by Margret Fermin

In light of the ongoing COVID-19 pandemic, the presumptive president Ferdinand Marcos Jr. is examining the national budget for 2023 to support any economic stimulus measures. When asked if there …

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BI tightens screening on foreigners from Cambodia, Vietnam

All Bureau of Immigration employees return onsite

by Margret Fermin

The Bureau of Immigration (BI) operations at the airports are in full force as the country approaches its first month of implementing its eased border restrictions. According to BI Port …

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PH overcomes Omicron crisis - Galvez

PH overcomes Omicron crisis – Galvez

by Margret Fermin

On March 1, the National Capital Region and 38 other locations were downgraded to Alert Level 1 by Philippine officials, indicating that the country had overcome the threat of the …

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Economy will recover in 2022 to 2023 - NEDA

Economy will recover in 2022 to 2023 – NEDA

by Margret Fermin

It is possible that in the latter part of 2022 or until 2023, the country’s economy will return to pre-COVID-19 pandemic levels. This was the National Economic and Development Authority …

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SWS: 40% of adult Filipinos say Economy will improve in next 12 months

First time since 1980s: Economy down for 15 months

by Margret Fermin

Based on government data, the Philippine economy fell by 4.2 percent in the first three months of 2021. If the amount of economic losses during this period was added up, …

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Gatchalian explains unprogrammed funds in 2024 national budget

Vaccines ‘only solution’ to jumpstart economy – Gatchalian

by Margret Fermin

Senator Sherwin Gatchalian said Monday that the COVID-19 vaccination is the “only solution” to jumpstart the economy. The government started its immunization drive last week after the first batch of …

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PH loses P2-B per day due to pandemic - Duterte

PH loses P2-B per day due to pandemic – Duterte

by Margret Fermin

President Rodrigo Duterte admitted that the Philippine economy has not yet recovered, which has been severely curtailed by the COVID-19 pandemic. “Araw-araw, we are losing P2 billion na pera na …

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Full economy reopening not recommended after flattening the curve - UP expert

Full economy reopening after curved flattened not recommended – UP expert

by Margret Fermin

An expert from the University of the Philippines (UP) said Wednesday the country should not fully reopen its economy even if it flattens the COVID-19 curve. “We don’t necessarily recommend …

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duterte 4

What has Duterte ever done for us? End-of-year report lists achievements so far

by M G Martin

The Malacañang has released an end-of-year report that lists, at some length, the “key accomplishments” of the Duterte administration so far. The achievements include everything from successfully prosecuting the war on drugs …

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