Economy

Lawmakers: Increase MMDA 2018 budget

As an action to the worsening traffic situation in Metro Manila, lawmakers on Wednesday supported the proposed increase of the 2018 budget of the Metro Manila Development Authority (MMDA) In the MMDA...

BOC, DOF ink trade facilitation program for honest traders

The Bureau of Customs (BOC) and the Department of Finance (DOF) signed Customs Administrative Order (CAO) 5-2017 concerning the establishment of Authorized Economic Operator (AEO) program. CAO 5-2017 serves as the implementing...

President Duterte promises business-friendly climate in PH, assures people to do business with ease

DAVAO CITY — President Rodrigo Roa Duterte on Friday, August 25, commended Aviana Development Corporation, a joint venture company of Ayala Land, Inc. and the Alcantara Group of Companies for their...

Infra spending to sustain high growth, generate econ multipliers

SINGAPORE -- Finance Secretary Carlos Dominguez III said here the Duterte administration expects to sustain the economy’s growth rate at 7 percent over the medium term through an ambitious "Build, Build, Build"...

PH on track to meet growth target, Palace says

MANILA -- Malacañang on Thursday said the Philippine economy is on track after posting a 6.5-percent growth for the second quarter of 2017. In a statement, Presidential Spokesperson Ernesto Abella said the...

Dominguez: High, Inclusive Growth Plan starts picking up steam

A solid proof of the government’s unparalleled investment strategy has finally started to pick up steam because of the “‘Build, Build, Build” program. According to Finance Secretary Carlos Dominguez III, the Gross...

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