economy
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PH ranks 5th most competitive economy in Southeast Asia, places 56th in world ranking
The Philippines ranked 56th out of 140 countries in the Global Competitiveness Report of the World Economic Forum (WEF) 2018,…
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PH gov’t adjusts 2018 inflation forecast range
The Development Budget Coordination Committee (DBCC) has adjusted its inflation forecast on its peak this October or November 2018. In…
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Palace: Gov’t working “double time” amid rising inflation rate
The Philippine government is working “double time” to address the rising inflation rate in the country, Presidential Spokesperson Harry Roque…
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Budget secretary says OFW remittances will keep PH economy steady
Budget secretary Benjamin Diokno on Wednesday, September 19, said remittances from overseas Filipino workers (OFWs) are expected to keep the…
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PH inflation peaks to new over 5-year high in July
The Philippine Statistics Authority (PSA) on Tuesday, August 7, reported that the inflation rate in the Philippines has hit 5.7…
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OFW remittances to hit record-high $28 billion
The continuous remittance inflow from overseas Filipino workers (OFWs) is expected to play a crucial role in the perceived economic…
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PH drops 9 places in world competitiveness report
The Philippines dropped nine places in the 2018 World Competitiveness Yearbook (WCY) ranking published by the International Institute of Management…
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Philippines among top recipients of remittances in 2017
The Philippines is among the top recipients of immigrant remittances worldwide in 2017, driven by steady economic growth in the…
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NAIA will be ‘bigger, modern, world-class’, super-consortium says
The super-consortium of the country’s biggest companies detailed their plans to transform Ninoy Aquino International Airport (NAIA) into a ‘bigger,…
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OFWs’ cash remittances expected to improve this year
Overseas money remittances are expected to continuously grow despite a slow start this year. Banking giant HSBC said that the…
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