President Ferdinand R. Marcos Jr. officially welcomed the Philippines’ transition to an upper-middle-income country (UMIC) status on Thursday, calling the milestone a definitive affirmation...
The Investment Coordination Committee–Cabinet Committee (ICC-CC) has officially approved four major public investment projects aimed at improving connectivity, strengthening disaster resilience, and expanding economic...
Top officials from the Department of Economic Planning and Development (DEPDev), the Department of Tourism (DOT), and the Philippine Statistics Authority (PSA) convened on...
The Philippines is in a significantly stronger economic position than in previous decades, bolstered by sound macroeconomic fundamentals, resilient domestic demand, and a thriving...
Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan met with Climate Change Commission (CCC) Vice Chairperson and Executive Director Robert E.A....
Strengthening the resilience of the Philippine labor market remains a top priority as the government actively responds to emerging domestic and global challenges impacting...
A resilient and expanding middle class is critical to sustaining poverty reduction and achieving inclusive economic growth, the Department of Economy, Planning, and Development...
Timely and targeted government interventions have helped ease upward economic pressures as the country's headline inflation rate slowed to 6.8 percent in May, down...
The Economy and Development (ED) Council’s Infrastructure Committee (INFRACOM) has approved a comprehensive digital master plan to address critical bottlenecks in implementing the nation's...
The government is ramping up measures to preserve jobs and strengthen social protection, job-skills matching, and reskilling initiatives for workers, particularly those affected by...