THE Philippines must prepare for the impact of becoming an Upper Middle Income Country (Umic) on its access to concessional financing for various projects and programs, according to the National Economic and Development Authority (Neda). In the 2022 Official Development Assistance (ODA) Portfolio Review, Neda called for a review or assessment of its existing financing
CIMIC Group company Leighton Asia has been selected by the Philippines Department of Transportation to construct a section of the North South Commuter Railway System - South Commuter Railway. | April 27, 2023
The Philippine economy is forecast to grow faster than previously expected in 2022, supported by stronger-than-expected domestic demand spurred by rising employment and a recovery in tourism, according to an ADB report.
A strong rebound in domestic demand with the easing of COVID-19 mobility restrictions in the country will support robust growth for the Philippine economy in 2022, despite higher inflation due to global and local price pressures.
ADB sees robust 2022 GDP growth for PH pna.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pna.gov.ph Daily Mail and Mail on Sunday newspapers.