Home The Economy

The Economy

Workers work on the metal structure of a high-rise building that is being constructed along Quimpo Boulevard in Davao City on Wednesday. The country is leading among surveyed Southeast Asian countries in plans to adopt data strategy in the construction industry, according the a research conducted by a leading global provider of construction management software. LEAN DAVAL JR.

Growth of PH economy expected to accelerate this year: economist

Growth of the Philippine economy is expected to accelerate this year, driven by the continued expansion of household consumption, an economist from the Bank...

Cebu Pacific logs 24.5 million passengers in 2024, up 17.6%

Cebu Pacific had serviced 24.5 million passengers in 2024, up 17.6% from 20.9 million in 2023 amid growing travel demand. In a statement, Cebu Pacific...

NGCP maintains compliance with foreign ownership rule

The National Grid Corporation of the Philippines (NGCP) has maintained that it is compliant with the 40% limit on foreign ownership as provided by...

Firm to use plant fiber in making plastics

D&L Polymer & Colours, Inc. (DPLC), a unit of the country’s largest food ingredients and chemical producer D&L Industries, Inc., will launch this year...

BSP: Banks’ non-performing loan ratio at 3.54% in November 2024

The proportion of non-performing loans (NPLs) of Philippine banks to their total loans hit a two-month low in November last year, data released by...

3K job vacancies in Taiwan still available for Filipinos

About 3,000 job vacancies in Taiwan, especially factory work in the semiconductor and artificial intelligence (AI) industry, are available for Filipinos, a labor attaché...

Second oil price hike in 2025 to greet motorists next week

Fuel prices will increase for the second time since 2025 started based on the results of industry trading this week, according to the Department...
VARIETY. Elderly women browse across a display of organic fruits and vegetables on display at Rizal Park’s organic market on Saturday. LEAN DAVAL JR.

CAgrO encourages farmers to get free crop insurance

The City Agriculturist Office (cAgrO) called on farmers across Davao City to obtain and renew their plant insurance to lessen the financial risks they...

Termination of idle RE contracts to attract ‘more serious’ investors

Department of Energy (DOE) Secretary Raphael Lotilla has said his agency’s decision to terminate idle renewable energy (RE) contracts will not discourage foreign players...

FDA eyes expanded discount on meds for elderly, PWDs

The Food and Drug Administration (FDA) is eyeing to expand the scope of discounted medicines and medical devices not only for senior citizens, but...