A PIDS study reveals the Philippines faces uneven gains in ASEAN integration, with challenges in trade, labor productivity ...

Recent reports indicate good reasons to be optimistic about the future of the Philippine economy. The Philippine Development Plan 2023-2028 assumes an annual growth rate of 6.5 to 8 percent for ...

Philippine aspirations to hit upper-middle-income country status were derailed by the COVID-19 pandemic, but economic planners remain optimistic that this target can be achieved by 2025. If a new era ...

President Ferdinand Marcos Jr., through the Economy and Development (ED) Council, has approved the National Digital Connectivity Plan (NDCP), the ...

Despite facing economic challenges in 2023, largely due to geopolitical tensions and the lingering effects of the COVID-19 pandemic, the Philippines demonstrated resilience, with notable recovery in ...

MANILA, Philippines — The government has updated its development plan with recalibrated targets on growth and average income per person as it aims to sustain gains and achieve inclusive economic ...

As the Marcos administration enters its second half, the Philippine Development Plan (PDP) 2023–2028 takes on renewed urgency. Conceived in the aftermath of the COVID-19 pandemic, the plan aimed to ...

MANILA, Philippines — The Marcos administration will make every effort to achieve this year’s economic growth target of 5.5 to 6.5 percent, Malacañang said yesterday. As it pushes toward that goal, ...

Domestic growth is strong in the Philippines, while global challenges are affecting prospects. The Philippine government is implementing its 8-point socioeconomic agenda and the Philippine Development ...

MANILA, Philippines — Executive Secretary Ralph Recto said the Marcos administration is committed to implementing Ambisyon Natin 2040 and the Philippine Development Plan 2023–2028, noting that ...

MANILA, Philippines — The Asian Development Bank (ADB) has approved a $500-million policy-based loan, the second multi-hundred-million-dollar financing package this month, aimed at boosting the ...

The Philippines has been one of the most dynamic economies in the East Asia and Pacific region. Its economic dynamism reflects increasing urbanization, a large and young population, and strong ...