Balisacan also said the economy is expected to grow 5.5% to 6.5% in 2027 and 6% to 7% in 2028, lower than the DBCC’s projected 6% to 8% growth for both years. The adjustments were made during the DBCC ...

The Philippines doesn’t need to tighten monetary policy further, the nation’s economic planning chief said on Friday, pushing back against the central bank’s hawkish bias. “I look at our neighbors, ...

(Bloomberg) -- Philippine President Ferdinand Marcos Jr. has formed a new office to coordinate his economic and investment policies, to be headed by Robinsons Land Corp. CEO Frederick Go. The Office ...

Philippine aspirations to hit upper-middle-income country status were derailed by the COVID-19 pandemic, but economic planners remain optimistic that this target can be achieved by 2025. If a new era ...

Recent reports indicate good reasons to be optimistic about the future of the Philippine economy. The Philippine Development Plan 2023-2028 assumes an annual growth rate of 6.5 to 8 percent for ...

MANILA, Philippines — Corruption has dragged down the country’s economic growth to its slowest pace since the pandemic, according to the Philippine Statistics Authority (PSA) and the Department of ...

The Joint Commission on Economic Cooperation serves as a formal mechanism for the Philippines and Hungary to propose, discuss and advance collaboration in areas such as trade and investment, ...

Dr. Arsenio Balisacan is Secretary of the Philippine National Economic Development Authority. Secretary Balisacan previously served as the Chairperson and Chief Executive of the Philippine Competition ...

THE economist Joseph Schumpeter observed that especially capitalist economies climbed to the next stage of development by adopting new technologies. The process is necessarily disruptive as in the ...

The size and scope of U.S.-Philippine economic cooperation is well documented; however, the quantitative and qualitative impacts on the Philippines are poorly understood. Without comprehensive, ...