PH’s GDP beats 2021 target, grows 5.6 percent

PH’s GDP beats 2021 target, grows 5.6 percent

Jan 27, 2022 | Business, Church

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

Jun 8, 2021 | Regions

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

Apr 15, 2021 | Business

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

Mar 11, 2021 | Business

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....