Multilateral lender World Bank is expecting the Philippine economy to grow faster this year than its earlier assumption, banking on sustained domestic consumption despite high inflation and persistent global headwinds.
President Ferdinand “Bongbong” Marcos Jr. on Tuesday (PHL time) presented his administration's plan to boost the country's economy during the New York Stock Exchange (NYSE) Economic Forum.
President Ferdinand "Bongbong" Marcos Jr. expressed confidence that the Philippines could be a "moderately prosperous country" by 2040.
Philippine manufacturing output continued to grow in June as the average capacity utilization increased during the month, data released by the Philippine Statistics Authority on Tuesday showed.