Economy

2017 PH trade growth exceeds gov’t expectations

MANILA – Total merchandise trade for full year 2017 increased by 9.9 percent as imports and exports posted growth rates higher than government estimates. Imports and exports posted 10.2 percent and 9.5...

2017 PH fisheries output dips but aquaculture resurfaced

MANILA -- The local aquaculture sector rebounded in 2017 from its 6.27-percent drop in 2016, a complete opposite of the entire Philippine fisheries' performance in the past year. Philippine aquaculture production rose 1.68...

PH economic freedom ranking ‘significantly better’

MANILA -- The Philippine Embassy in Washington DC cited the country's “moderately free” economic status in the Heritage Foundation 2018 Index of Economic Freedom (IEF) as "significantly better" than the global and...

Palace welcomes Nomura’s 2018 growth forecast for PH

MANILA -- Malacanang on Thursday welcomed the prediction of Nomura, a leading security and investment banking company in Japan, that the Philippines’ economic growth would hit 6.9 percent in 2018. “We welcome...

DAR to hasten distribution of 584,000-ha land to farmer beneficiaries

DAVAO CITY -- The Department of Agrarian (DAR) has vowed to hasten the distribution of the 584,000 hectares of land to the farmer-beneficiaries under the Comprehensive Agrarian Reform Program (CARP). DAR undersecretary...

DA to put up biggest dairy project in Bohol

In line with its target to increase local dairy animal and milk production from 1.2% of the national requirement to 10% by 2022, the Department of Agriculture (DA) will put up...

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