PH 5-year export development plan gets green light

President Rodrigo Duterte has approved the new five year development plan to boost the country’s export growth and facilitate the flow of trade. The…

BOI firms’ duty-free perk for capital equipment, parts imports extended

The incentive allowing the duty-free importation of capital equipment, spare parts, and accessories by companies registered with the Philippine Board of Investment (BOI) has…

PH external trade shrinks in June after 10 months of expansion

Tapping new markets will enable Philippine trade to bounce back from its slight decline in June 2017, urges the National Economic and Development Authority…

Transport connectivity at core of Central Visayas economic blueprint

Central Visayas (Region VII) aims to distribute economic growth among its municipalities by linking up major urban centers, key production areas, and market centers,…

PH agencies ordered to execute 6-year development plan

Philippine President Rodrigo Duterte has instructed all government agencies and local government units (LGUs) to implement the new six-year development plan in order to…

PH economy posts slower-than-expected Q1 growth of 6.4%

The Philippine economy grew 6.4% in the first quarter of 2017 and remains one of the strongest performers among major emerging economies in Asia.…

PH GDP growth to hit nearly 7% in 2017-2018—World Bank

The Philippine economy is likely to grow close to 7% in the next two to three years, and will remain a top performer in…

PH trade expands 5.8% in 2016 on robust imports

Philippine merchandise trade grew 5.8% in 2016, backed by double-digit growth of imports that offset export decline, according to the National Economic and Development…