Economy

Signs of manufacturing recovery seen as PH econ reopens – NEDA

NEDA PR MANILA —The manufacturing sector is showing signs of recovery in May 2020 and is expected to continue its rebound as the Philippine economy gradually reopens, the National Economic and Development...

Over 80 schools eyeing LANDBANK’s ACADEME credit program

DOF PR An initial batch of over 80 private educational institutions have expressed interest in accessing the credit facility launched in May this year by the Land Bank of the Philippines (LANDBANK)...

Revenues down in H1 amid pandemic, but higher collections seen beginning June

DOF PR The Bureaus of Internal Revenue (BIR) and of Customs (BOC) collected a combined total of P1.155 trillion for the first half of 2020 as an unprecedented coronavirus pandemic continued to...

Inflation to remain benign in June 2020

BSP PR The BSP Department of Economic Research projects June 2020 inflation to settle within the 1.9 - 2.7 percent range. Higher gasoline, diesel, and kerosine prices as well as the uptick...

PH climbs to 65th place in global competitiveness ranking

The Philippines has climbed from the 66th place to the 65th in the global competitiveness ranking in the year 2020. Based on the 2020 World Competitiveness Yearbook of the International Institute for...

More jobs, investments eyed with the new ecozones

An estimate of 20,000 jobs and Php 4.6 billion worth of investments are projected in the country after President Rodrigo R. Duterte signed the 12 new ecozone proclamations. Under the Philippine Economic...

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