The Economy

Caraga logs increase in rice, corn production

The Department of Agriculture in the Caraga Region (DA-13) reported Friday the increase in rice and corn production in the area this year. So far,...
An aerial photo showing the construction progress of NCCC Mall-Maa in Davao City. The mall's construction is now at 50 percent and is set to top off in the 1st quarter of 2024. Photo courtesy of NCCC

DTI says construction industry to support economic growth

The Department of Trade and Industry (DTI) is optimistic that the country's construction industry will continue to grow, driven by the government's infrastructure program. DTI...

DA eyes marine, agro-industrial estates to modernize fisheries

Agriculture Secretary Francisco Tiu Laurel Jr. has called for amendments to the Philippine Fisheries Development Authority (PFDA) charter to expand its function in the...
Workers prepare the metal structure for a building's foundation at a construction site in Davao City. The Philippine Statistics Authority (PSA) has reported that the number of jobless Filipinos rose from 2.6 million in July to 2.68 million in August. Edge Davao

28K jobs up for grabs as DOLE celebrates 90th anniversary

At least 28,000 vacancies are available at the Department of Labor and Employment (DOLE) job fairs as the department commemorates its 90th founding anniversary...
President Ferdinand Marcos Jr. graces the 1st Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Local Legislative Assembly held at Acacia Hotel Davao in Davao City on Tuesday. LEAN DAVAL JR

PBBM may sign 2024 budget in mid-December: Diokno

President Ferdinand Marcos, Jr. may sign the over P5.7-trillion budget for 2024 by mid-December, the Department of Finance (DOF) said on Tuesday. "Malamang," Finance Secretary...
Australian Ambassador to the Philippines Hae Kyung Yu says Australian businesses are “paying serious attention” to the Philippines due to the key economic reforms that is being undertaken by the government. LEAN DAVAL JR

Australian firms ‘paying serious attention’ to PH

Australian businesses are “paying serious attention” to the Philippines, said Australian Ambassador HK Yu on Wednesday citing key economic reforms in the country. “They have...

DTI eyes more ‘halal champions’ in PH

Department of Trade and Industry (DTI) Secretary Alfredo Pascual eyes more 'halal champions' in the Philippines to navigate the country's journey to becoming the...

Diokno optimistic that PH’s 2023 growth target will be achieved

Finance Secretary Benjamin Diokno said on Wednesday that the Philippine economy is expected to continue to grow and recover from the pandemic, adding that...
A mall goer walks by a pile of Noche Buena set sold at a supermarket in Davao City on Wednesday. The Department of Trade and Industry (DTI) said there is a noticeable price increase in over 150 Noche Buena products ahead of Christmas holidays. LEAN DAVAL JR

Prices of over 150 Noche Buena products rise: DTI

The Noche Buena price guide will be released on Wednesday ahead of the holiday season, with a noticeable price increase in over 150 shelf...

PH gets new investment intent from US firms, DTI chief says

More American companies have expressed their intention to invest in the Philippines after the official visit of the high-level delegation of the Philippine government...