Economy

S&P credit rating shows PH economy on right track

MANILA -- The credit rating upgrade of the Philippines based on the latest Standard & Poor (S&P) Global Ratings is an affirmation of "correct economic and fiscal policies" under the Duterte administration,...

Central Luzon’s economy grows 9.3%

CITY OF SAN FERNANDO, Pampanga -- Central Luzon’s economy grew 9.3 percent in 2017, slightly lower than the 9.5 percent in 2016, the National Economic and Development Authority’s (NEDA) office in...

Angeles City inks tourism, economic pacts with Vigan, Baguio cities

ANGELES CITY, Pampanga -- The city government has formalized twin cities and economic partnership agreements with the cities of Vigan and Baguio. The twinning agreements were inked by Angeles City Mayor Edgardo Pamintuan,...

Boracay closure to have minimal effect on GDP: Pernia

MANILA -- Socioeconomic Planning Secretary Ernesto Pernia does not see that the six-month closure of Boracay Island will be hitting the country’s economy hard since there are other world-class destinations in the...

Palace vows to sustain robust PH economic growth

MANILA -- Malacañang on Monday assured that the country’s robust economic growth will be backed up by solid macroeconomic fundamentals and sustained investments in infrastructure and social services. Presidential Spokesperson Harry Roque made...

Baguio economy flourishing

BAGUIO CITY -- The planning and development office of Baguio says the city is on the right track and is economically growing, as shown by indicators of progress in 2017 compared with...

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