Economy

The Philippine Statistics Authority (PSA) reported Friday, May 5, that inflation further slowed down to 6.6% in April 2023 from 7.6% in March.

President Ferdinand Marcos Jr. announced on Thursday, April 20, that the Philippines ranked first in Asia in the 2023 gross domestic product (GDP) forecast released by the International Monetary Fund (IMF).

The country’s total outstanding debt reached P13.75 trillion as of the end of February this year, an increase of 0.4% from the previous month primarily due to the net issuance of domestic securities, the Bureau of Treasury (BTr) said on Thursday, March 30.

By Katrina Gracia Consebido   Overseas Filipinos (OFs) sent over $3.7 billion in personal remittances in January 2023, up by 3.5%, the Bangko Sentral ng Pilipinas (BSP) said.  According to the BSP, land-based workers...

The inflation rate in the Ilocos Region has declined from 9.3 percent in January this year to 8.3 percent in February.

The National Economic and Development Authority (NEDA) board on Thursday, March 9, approved 194 high-impact priority projects under the Infrastructure Flagship Projects (IFPs) and amendments to the 2013 Joint Venture (JV) Guidelines.