PR
Consumer sentiment falls to a record low for Q3 2020, continues to be pessimistic for Q4 2020, but turns optimistic for the next 12 months.
The country’s consumer outlook turned pessimistic for...
PR
Business confidence on the economy turned negative in Q3 2020, after posting 43 quarters of positive confidence (from Q3 2009 to Q1 2020), as the overall confidence index (CI) decreased to...
DOF PR
Finance Secretary Carlos Dominguez III said Wednesday that swift action to preserve the asset quality of banking institutions will ensure the continued strength of the financial sector, which, in turn,...
BSP PR
The 16.5% contraction of Q2 GDP does not mean that the Philippine economy is structurally weak. It is inappropriate to compare the Q2 performance of the economy with other crises...
DOF PR
The proposed P180 billion economic stimulus plan that incorporates around P40 billion in tax credits to the private sector has already taken into account the deep contraction of the economy...
Following the onslaught of the COVID-19 pandemic that heavily affected the world economy due to the responses of different states to the virus and the implementation of lockdowns and community quarantines,...
