The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure.
Emerging markets and developing economies like the Philippines were to collectively post output growth measured as the gross domestic product (GDP) averaging 4 percent this year, but higher next year to 4.2 percent, according to the International Monetary Fund (IMF).
The government has retained the projected local output growth measured as the gross domestic product (GDP) at 7.6 percent in the third quarter of 2022, according to National Statistician Dennis Mapa.
What if the next big idea in architecture doesn't come from a gleaming skyscraper in New York or a futuristic smart city in Europe—but from a barangay road, a bamboo structure, or a centuries-old Filipino building tradition?
Every year, as red, white, blue, and yellow banners begin fluttering from homes, schools, government buildings, and even jeepneys, the Philippine flag quietly stages one of its most remarkable annual comebacks.
Filipino families preparing for the opening of School Year 2026–2027 may find some relief in their back-to-school budgets, as the Department of Trade and Industry (DTI) reported stable and, in many cases, lower prices for essential school supplies.