Latest in foreign investmentInfrastructure spending has surged from 1 to 2% of GDP to 5% or more under the Marcos administration, representing the single biggest driver of the Philippines’ above-average economic growth of 5.8% over the past four years, Finance Undersecretary Joven Balbosa said Saturday. Balbosa made the…
The Philippine economy grew at an average of 5.8% annually over the past four years under President Ferdinand Marcos Jr., more than double the global average of 2.5% to 3%, Finance Secretary Frederick Go said Saturday. Go made the disclosure in an interview on DZRH News program Special on Saturday…
Batangas 1st District Rep. Leandro Leviste warned on Saturday, November 15, that the Philippines is experiencing its “worst economy” in many years, pointing to a steep loss of investor confidence that he said is now dragging down growth, weakening the peso, and pushing up consumer prices. Speaking…
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