PH GDP beats target, grows 7.6% in 2022

PH GDP beats target, grows 7.6% in 2022

The Philippine economy surpassed expectations and grew 5.6 percent in the year 2022, the Philippine Statistics Authority reported on Thursday.The gross domestic product (GDP) grew 7.2 percent in the fourth quarter of 2022 for a full-year growth better than...
State of the Nation

State of the Nation

Ferdinand “Bongbong” Marcos Jr. has lofty ambitions for the country.He actually outlined his plans, focusing on the economy, education and health, particularly on the long-neglected agriculture sector.About 10 percent of the country’s gross domestic product (GDP)...
PH’s GDP beats 2021 target, grows 5.6 percent

PH’s GDP beats 2021 target, grows 5.6 percent

PressOnePH FILE PHOTO The Philippine economy grew 5.6 percent in 2021, the year the country started loosening Covid-19 restrictions and began rolling out vaccines.The gross domestic product (GDP) grew 7.7 percent in the fourth quarter of 2021, a huge swing from the...
Cebu to set to reopen tourism sector

Cebu to set to reopen tourism sector

By Ryan Sorote Once the country’s Covid-19 hotspot, the province of Cebu is preparing to reopen its tourism industry.The tourism revival plan started as early as June 29, 2020 when Gov. Gwen Garcia released Executive Order 20-A, which sought to prepare the...