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Philippines
Wednesday, November 13, 2024

Reopening: PH Economy on the Mend

LATEST Reopening: PH Economy on the Mend

LATEST

Tourism sees recovery as gov’t lifts ban on interzonal travel

The easing of travel restrictions is one of the most encouraging developments that could help revive the tourism sector, according to Tourism Secretary Berna...

Gov’t officials remain hopeful on economic recovery this year

Government economic managers remain hopeful about full economic recovery from the impact of the COVID-19 pandemic, after the gross domestic product grew 11.8 percent...

Local banks poised to survive crisis despite rising bad loans

Philippine banks remain in good standing despite rising bad loans, as many clients face financial difficulties because of the repeated lockdowns and mobility restrictions. Results...

Remittances hit new record high, mitigate COVID’s financial impact

Money sent home by millions of Filipinos living and working overseas continues to provide financial buffer against the impact of the global pandemic. Data from...

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