Wednesday, May 20, 2026
Today's Print

Tag: economic growth

DOTr, PPA back construction of Philippines’ second-largest container terminal

The Department of Transportation (DOTr) and the Philippine Ports Authority (PPA) have thrown their full support behind International Container Terminal Services Inc.'s (ICTSI) development...

ICTSI building $800-million container terminal in Batangas

International Container Terminal Services Inc. (ICTSI) said Friday it is developing a new international container terminal in Bauan, Batangas. The project worth $800 million will...

Avon dealers in Cebu go digital, transition to online selling

Avon entrepreneurs in Cebu City are embracing online selling, moving beyond their traditional print catalogs, thanks to the #eBizNovation program by PLDT Inc. and...

Philippines nears upper-middle-income status, says Balisacan

The Philippines is on the cusp of achieving upper-middle-income status, according to Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan. Balisacan said the...

DOF, DEPDev, DILG sign pact to streamline investment approvals

Three departments have signed a joint memorandum circular (JMC) to streamline and harmonize investment facilitation efforts, cut red tape and attract more capital. The Department...

IMF retains 2025 Philippines growth forecast at 5.5%, hikes 2026 outlook

IMF maintains 2025 growth forecast for the Philippines at 5.5% but raises its 2026 outlook to 5.9%, citing global economic factors and risks. The International...

PCCI, FFCCCII support Marcos’s anti-graft, growth push

 Leading Philippine business groups, PCCI and FFCCCII, laud President Ferdinand Marcos Jr.'s 2025 SONA, praising his firm stance against corruption and call for inclusive...

DEPDev reaffirms inclusive growth target, set to release development plan midterm update

The Department of Economy, Planning and Development (DEPDev) on Tuesday reiterated its commitment to ensuring inclusive and sustainable economic growth that benefits all Filipinos,...

DBM asks senators, congressmen to follow President’s budget

The Department of Budget and Management (DBM) asked lawmakers to follow President Ferdinand Marcos Jr.’s directive on the National Expenditure Program (NEP) to curb...

Economic managers optimistic of achieving growth targets

Despite the escalating global uncertainties, particularly the heightened tensions in the Middle East and the imposition of new US tariffs, Philippine economic managers remain...

Middle-class Filipinos remain vulnerable to poverty—experts

Middle-income Filipinos are crucial to economic growth and national development but remain vulnerable to economic shocks and the risk of falling into poverty, experts...

Infrastructure dev’t: Key to economic growth

Every day, for millions of Filipinos, the commute begins not with anticipation, but with a sigh. It’s a daily ritual of lost hours, missed...

JCR affirms PH credit rating at ‘A-‘, with stable outlook

The Japan Credit Rating Agency Ltd. (JCR) affirmed the Philippines’ investment-grade credit rating of “A-” with a “stable” outlook. The rating action recognized the Philippines’...

Marcos gov’t inherits P12.79-t debt from past administrations

The Philippine government is focused on managing its substantial inherited debt by accelerating economic growth, aiming to bring borrowings down to a sustainable level...
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