Purisima: Good governance set off a virtuous cycle towards inclusive and sustainable growth The Board of Directors of Millennium Challenge Corporation (MCC), an independent agency of the U.S. government, at…
“Economic growth rates offer a picture of a country’s trajectory, and growth is rarely a straight line. The Philippines under President Aquino’s leadership has consistently shown that we have changed…
Street vendors wait for customers on an overpass in Manila, the Philippines. Consumer prices rose 4.9 percent in July from a year earlier, the fastest pace since October 2011. The…
At a meeting of the government's cabinet officials to prioritize the cabinet's legislative proposals, Finance Secretary Cesar Purisima put forward a list of proposed bills to answer key economic concerns…
Finance chief calls out to biz franchisees to pay correct taxes “You can take a more aggressive stance in terms of the future. Building a country cannot be done by…
"We are pleased to find out that Moody's Investors Service, after much deliberation, has raised the Philippines to an investment grade rating, with a positive outlook. The Philippines' sound fiscal…
"We welcome the third quarter GDP figures showing broad-based growth across all sectors, going beyond market expectations and placing us above most of our ASEAN peers. Coupled with the multiple…
"The unprecedented second consecutive 10-notch jump of the Philippines in the WEF Competitiveness Rankings is once again a major dividend from the good governance reforms of President Aquino. These upgrades…
"Despite the deceleration of global growth, and with the backdrop of increasing uncertainty in the US and in the Eurozone, our second quarter growth was at a respectable 5.9%, beating…
Manila, Philippines - Officials of the Democratic Socialist Republic of Sri Lanka visited the Philippines on July 8 to 13 to study the country's land administration and management system, including…
