Manila – House Speaker Ferdinand Martin Romualdez has endorsed the Maharlika Investment Fund (MIF) as a catalyst for socioeconomic development in the Philippines, predicting job creation, improved public services, and elevated living standards. This st…
Manila – The Philippine economy is expected to see robust growth in the fourth quarter of 2023, with forecasts indicating a possible expansion of 6.5 percent to 7 percent. This projection was shared by Rizal Commercial Banking Corp. (RCBC) chief econom…
Eastern Visayas – Officials at the regional cacao congress in Eastern Visayas have set an ambitious goal of producing 5,000 metric tons (MT) of dried cacao beans in the next five years, despite low production levels in the past decade. According to Phi…
Davao City – The China Road and Bridge Corp. (CRBC) is prepared to commence the Samal Island-Davao City Connector (SIDC) project, despite facing challenges related to right-of-way issues. This update was shared by Li Lin, Director General of the Foreig…
Manila – Fitch Ratings has affirmed the Philippines’ investment grade credit rating at ‘BBB’, reflecting the nation’s robust medium-term growth prospects and macroeconomic stability. This decision was influenced by the country’s declining liabilities a…
Taguig City – Ireland has initiated its first high-level trade mission to the Philippines, recognizing the country as a significant market in Southeast Asia. The two-day Irish trade mission, led by the Bord Bia (Irish Food Board), is focused on enhanci…
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