Department of Finance (DOF) Secretary Benjamin Diokno said this year’s economic growth target is within reach, citing the government’s aggressive “catch-up” plans. “[The] 6.0 percent gross domestic product (GDP) growth target for 2023 remains achievab…
The Duty-Free Philippines Corporation (DFPC), an attached Department of Tourism (DOT) agency, has recorded USD54.1 million in sales for the first seven months of 2023. Based on its latest data released Aug. 11, the DFPC said the figure is 43.8 percent…
Employers Confederation of the Philippines (ECOP) president Sergio Ortiz-Luis Jr. on Friday emphasized the need to ramp up government spending to propel economic growth. During the Laging Handa briefing, Ortiz-Luis said the government should boost spe…
The country’s 6 to 7 percent economic growth target for this year is still attainable, an economist said on Friday. “[It’s] still possible,” Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort told the Philippine News Agency (…
The United States (US) – Association of Southeast Asian Nations (ASEAN) Business Council, the largest American business contingent, pledged to pursue more investments in the Philippines. The commitment was made when the members of the US-ASEAN Busines…
