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Category: Business

Debt payments up in August

The National Government’s (NG) debt payments went up significantly in August this year, data from the Bureau of the Treasury (BTr) showed. In a report, the BTr said the debt service bill during the month amounted to PHP189.0 billion, up by 177 percent…

PH exports increasing but external headwinds slow down growth

The country’s export revenues are slowly recovering this year due to external factors beyond the control of the local stakeholders, Philippine Exporters Confederation (Philexport) president Sergio Ortiz-Luis Jr. said. In a chance interview at the Phil…

Ocean economy up 21% in 2022

Ocean-based industries grew by 21.1 percent last year and accounted for about almost 4 percent of the country’s gross domestic product (GDP), the Philippine Statistics Authority (PSA) said. In a report released on Tuesday, the PSA said the ocean econo…

Ocean economy up 21% in 2022

Ocean-based industries grew by 21.1 percent last year and accounted for about almost 4 percent of the country’s gross domestic product (GDP), the Philippine Statistics Authority (PSA) said. In a report released on Tuesday, the PSA said the ocean econo…