Economy

Marcos Promises Major Investments to Boost Cebu’s Economy

CEBU CITY - President Ferdinand R. Marcos Jr. committed on Saturday to enhance investment in Lapu-Lapu City and the broader…

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Trade Grows by Over 10% in February 2024

In February 2024, total trade experienced a significant growth of 10.8 percent, reaching a value of $2,405.5 million, compared to…

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Northern Mindanao Maintains Significant Role in Philippine Economy in 2023

CAGAYAN DE ORO—Northern Mindanao emerged as a key contributor to the Philippines' economy in 2023, accounting for 4.7 percent of…

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Oil Prices Rise on Strong US Demand and Middle East Tensions

New York — Oil prices experienced an uptick on Friday, driven by robust demand in the United States and escalating…

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Cordillera Region Reports 96.7% Employment Rate, Services Sector Leads Job Growth

BAGUIO CITY — The Cordillera Administrative Region (CAR) has achieved a 96.7 percent employment rate, the Department of Labor and…

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SM Investments Corp Prioritizes Provincial Expansion to Boost Economic Growth

PASAY CITY — SM Investments Corp (SMIC) has announced a strategic shift towards expanding its operations in provincial areas, aiming…

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NEDA Proposes Doubling of Innovation Fund to PHP200 Million for 2025

QUEZON CITY - The National Economic and Development Authority (NEDA) announced plans on Monday to request an increased budget for…

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PBBM’s Import Policy Elevation Propels Stock Market, Strengthens Peso

MANILA - The stock market saw a modest uptick and the peso ended stronger on Monday, following a directive by…

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Bantog Celebrates Inaugural Kalabaw Food Festival to Highlight Dairy Industry Success

Bantog, Pangasinan — The small village of Bantog in Pangasinan was alive with celebrations this Friday for the inaugural Kalabaw…

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Pangasinan Police Officers Rally Financial Support for Colleague’s Kidney Transplant

PANGASINAN – Staff Sergeant Virgilio Sanchez, a 46-year-old police officer in Pangasinan, recently received PHP100,000 to aid in his post-kidney…

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