The World Bank projects local output growth in the Philippines accelerating by 5.8 percent this year and next, up from an estimated growth of 5.6 percent in 2023.
The number of Filipinos ordering food and groceries online is rapidly rising, according to Grab's Southeast Asia (SEA) Food and Grocery Trends 2023 report.
President Ferdinand Marcos Jr. on Friday welcomes two new members to his economic team and administers the oath of office of Batangas Rep. Ralph Recto as new finance secretary and businessman Frederick Go as special assistant to the president for investment and economic affairs.
Dengue remains a stubborn threat in tropical countries like the Philippines, where warm weather and dense urban living create ideal breeding grounds for mosquitoes.
The Department of Trade and Industry (DTI) has secured a voluntary commitment from manufacturers and retailers to keep prices of basic necessities and prime commodities (BNPCs) unchanged until April 16, offering temporary relief to Filipino households amid global uncertainties.
The National Price Coordinating Council NPCC has endorsed the imposition of a P50 per kilo price ceiling on imported rice as surging global oil prices driven by ongoing geopolitical tensions in the Middle East continue to push up food costs in the Philippines.