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…
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…
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,…
The Philippines’ total merchandise trade grew 5% in October 2016, supported by growth in both imports and exports, according to the National Economic and…
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…
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)…
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…
The Philippines’ total merchandise trade declined as exports continue to slide in July 2016, given that global economic recovery remains slow, according to the…
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…
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…
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…
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…
Several transport infrastructure projects await the green light from the National Economic and Development Authority (NEDA) Board chaired by President Rodrigo Duterte. At its…
The Philippines’ manufacturing output declined in May, a first for 2016, owing to a significant drop in leather, chemical, and petroleum products production, according…
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…