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(UPDATE) THE Philippine economy grew by a better-than-expected 5.9 percent in the third quarter, the government reported on Thursday, with a rebound in state spending said to have particularly factored in the acceleration.
MANILA, Philippines — The country’s economy grew by 5.7% in the first three months of 2024, the Philippine Statistics Authority (PSA) said.
MANILA, Philippines — Justice Secretary Jesus Crispin Remulla took home the biggest paycheck among the Cabinet members of President Marcos in 2023, latest report of the Commission on Audit (COA) showed.
(UPDATE) PRESIDENT Ferdinand Marcos Jr. said on Wednesday that there will no longer be any extension to the April 30 public utility vehicles (PUVs) franchise consolidation deadline under the government's transport modernization program.
MANILA, Philippines – For the first time, President Ferdinand Marcos Jr. will join a “town hall” focused on the Metro Manila traffic situation on Wednesday, April 10.
MANILA, Philippines — With traffic gridlocks costing the economy billions of pesos, President Marcos has called for a “comprehensive” solution to the country’s traffic woes and has directed agencies to come up with work adjustment plans, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said yesterday.
MANILA, Philippines — The country’s gross domestic product (GDP) growth target for 2024 has been adjusted to a range of 6% to 7%, down from the previous range of 6.5% to 7.5%, National Economic Development Authority (NEDA) chief Arsenio Balisacan said.
GROWTH targets will be lowered to take into account current headwinds, a Cabinet official said ahead of an economic managers' meeting.
MANILA, Philippines: THE National Economic and Development Authority (NEDA) said it will hold public hearings to kick off the review process of Executive Order No. 12, the circular modifying the tariff rates for electric vehicles (EVs).