PPA eyes cheaper gov’t-funded Davao-Sasa port upgrade plan

The Philippine Ports Authority (PPA) Board has approved a request to abandon the P19.8-billion plan to redevelop Davao-Sasa port and will instead review a…

PH targets 6.5%-7.5% GDP growth in 2017

The Philippine government is setting a higher gross domestic product (GDP) growth target for 2017 of between 6.5% and 7.5%, according to Socioeconomic Planning…

EDSA BRT leads projects for AIIB funding

The Philippine government awaits promising development and financing cooperation with the Asian Infrastructure Investment Bank (AIIB) to help fund the country’s big-ticket infrastructure projects,…

PH trade up 5% in Oct

The Philippines’ total merchandise trade grew 5% in October 2016, supported by growth in both imports and exports, according to the National Economic and…

PH vows to spend P8T on infrastructure in 6 years

The Philippine government needs at least P8 trillion over the next six years to close the infrastructure gap and be on an equal footing…

Pecson is new PPP Center chief

Ferdinand Pecson has been officially appointed executive director of the Public-Private Partnership Center of the Philippines (PPP Center). Pecson’s appointment was signed by President…

NEDA Board okays 8 major infrastructure projects

Eight infrastructure projects in transportation, agriculture, and rural development seen to support Philippine socioeconomic development goals have received the nod of the National Economic…

PH exports reverse 17 months of downturn with 5.1% growth in Sept

The Philippines’ total merchandise trade grew 9.8% in September 2016, pulled into positive territory by the recovery of exports, according to the National Economic…

NEDA ICC oks P9.3B Cebu International Port proposal

The proposed P9.3-billion Cebu International Port (CIP) to be situated in Barangay Tayud, Consolacion was approved by the National Economic and Development Authority (NEDA)…

NEDA Board approves 9 projects worth P171B

The National Economic and Development Authority (NEDA) Board, at its first meeting under the new Duterte administration, approved nine projects worth P171.14 billion in…

PH exports fall anew in July

The Philippines’ total merchandise trade declined as exports continue to slide in July 2016, given that global economic recovery remains slow, according to the…

PH factory output expands 10% in July

The production of transport equipment, construction-related goods, and food pushed the Philippine manufacturing sector to another strong growth in July 2016, according to the…

PH June imports up 15.4% on strong consumption

The Philippines was Asia’s consistent top imports performer for the first half of 2016 as the country’s merchandise imports grew 15.4% in June, according…

PH economy meets Q2 forecasts with strong 7% growth

The Philippine economy grew a robust 7% in the second quarter of 2016, giving the new administration an upbeat start, according to the National…

PH factory output and sales pick up steam in H1

Philippine manufacturing posted strong growth in the first half of 2016, as production of construction-related manufactures recovered in June 2016, according to the National…

PH June exports down 11.5% on weak demand

Weak demand from major export markets pulled down Philippine exports by 11.4% in June 2016, marking the 15th consecutive month of decline, according to…

10 infra projects up for NEDA Board approval

Several transport infrastructure projects await the green light from the National Economic and Development Authority (NEDA) Board chaired by President Rodrigo Duterte. At its…

PH manufacturing output down in May

The Philippines’ manufacturing output declined in May, a first for 2016, owing to a significant drop in leather, chemical, and petroleum products production, according…

PH May imports up 39%

The increase in local demand for capital and consumer goods drove imports growth by 39.3% year-on-year in May 2016, according to the National Economic…

PH manufacturing output down in May, its first decline for the year

The Philippines’ manufacturing output declined in May, a first for 2016, owing to a significant drop in leather, chemical, and petroleum products production, according to…