The Department of Economy, Planning, and Development (DEPDev) has urged Palawan to strengthen agriculture-based processing and other value-adding activities to revive its manufacturing sector,...
The International Monetary Fund (IMF) lowered its growth forecast for the Philippine economy this year to 3.4%, citing weaker-than-expected second-quarter performance and a slower...
Moody’s Ratings on Monday kept the Philippines’ Baa2 investment-grade credit rating and stable outlook, saying the economy is expected to recover despite its recent...
The Philippines has been reclassified as an upper-middle income economy by the World Bank after years of sustained economic growth.
The World Bank said the...
The Philippines’ economic performance remains anchored on strong fundamentals, but sustained and more inclusive growth will require deeper reforms and broader participation across sectors,...