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Executive Secretary Ralph Recto welcomed the Philippines’ official graduation to upper middle-income country (UMIC) status, underscoring that the milestone reflects the country’s stronger economic fundamentals under the Marcos Jr. administration and opens the door to more jobs, investments, and opportunities for every Filipino. “Hindi lang ito titulo. Ibig sabihin nito, mas lumalago ang ekonomiya natin. […]
Executive Secretary Ralph G. Recto welcomed the Philippines’ official graduation to upper middle-income country (UMIC) status, underscoring that the milestone reflects the country’s stronger economic fundamentals under the Marcos Jr. administration and opens the door to more jobs, investments, and opportunities for every Filipino. “Hindi lang ito titulo. Ibig sabihin nito, mas lumalago ang ekonomiya […]
As part of the Philippines’ digital transformation priorities, Department of Trade and Industry (DTI) Secretary Cristina Roque engaged with global tech leader Google to explore strategic opportunities that will enhance the country’s digital infrastructure and capability. Held on the sidelines of the APEC-MRT 2025 in Jeju, South Korea, the meeting focused on advancing data center […]
Former Senator Ping Lacson visited Romblon, where he assured residents of help to boost the province’s economic growth, including tourism. Lacson met with the province’s residents as well as local officials led by Governor Jose Riano, Vice Governor Armando Gutierrez, and Representative Eleandro Jesus Madrona. “Romblon was the 10th fastest growing economy among the country’s […]
Prospects are good for 2025 to be a finer year for Filipinos owing to the further initiatives and reforms that President Marcos has come up with to broaden social protection for underprivileged families and tune up the economy to spawn investments and create more jobs, according to National Unity Party (NUP) president LRay Villafuerte. “Such […]
Senior Citizens Party-list Representative Rodolfo Ordanes pointed out in a statement that Mindanao, the tourism sector, and enterprises of all sizes will gain much from the CREATE MORE amendments to the National Internal Revenue Code in a law President Ferdinand Marcos Jr. signed in Malacanang recently. Ordanes is one of the principal authors of the […]
The chair of the House of Representatives’ labor and employment committee hailed the increase of foreign direct investments in the country, saying these investments would help in creating more jobs for Filipinos. Data released by the Bangko Sentral ng Pilipinas recently showed that FDI net inflows in July 2024 increased by 5.5 percent to $820 […]
“The Tatak Pinoy Act envisions extending the sterling Filipino reputation to locally-made products and services. Our objective is to ensure that products bearing the label ‘Made in the Philippines’ stand as symbols of quality, innovation, and sustainability,” said Department of Trade and Industry (DTI) Secretary Fred Pascual at the Tatak Pinoy Act Forum recently. Themed “Tatak Pinoy […]
Department of Trade and Industry (DTI) Secretary Fred Pascual is optimistic about the Philippines’ export performance following the expansion of the country’s merchandise exports by 26.4% in April 2024 to $6.2 billion from $4.9 billion in April 2023, according to preliminary data released by the Philippine Statistics Authority (PSA). Cumulative merchandise exports for the first […]
Speaker Martin Romualdez said the House of Representatives would focus on strengthening national security and enhancing economic development in the remaining session of the 19th Congress.“As we embark on another session this April 29th, our legislative focus sharpens on the dual imperatives of national security and robust development. Recognizing that peace is the cornerstone of […]