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...
Agri, food sectors key to PH’s economic recovery – study

Agri, food sectors key to PH’s economic recovery – study

The economic impact of agriculture and food industries in Southeast Asia (Oxford Economics). The agriculture and food sectors will be the main drivers of post-pandemic economic growth, a study has found.The study commissioned by food manufacturer organization Food...
PH to reopen economy soon, says Duterte

PH to reopen economy soon, says Duterte

President Rodrigo Duterte on Thursday said the economy could get reopened soon despite the steadily growing number of Covid-19 cases, so people could go to work and earn money.“We cannot be forever under strict quarantine protocol because people are getting hungry....