Latest in GDPThe Marcos administration’s economic team is systematically undercounting agriculture’s contribution to the Philippine economy by ignoring food processing and manufacturing, former Agriculture Secretary Emmanuel “Manny” Piñol said Wednesday. Piñol claimed that this error that makes the Philippine…
The Department of Budget and Management (DBM) used a simple bilao—a winnowing basket—to explain how the Marcos administration’s proposed ₱7.2 trillion 2027 national budget is allocated. Roughly half of the budget goes to salaries and pensions, more than 20% to infrastructure, and the remainder…
The Marcos administration’s proposed 2027 national budget of ₱7.2 trillion was built on one governing idea: that the money Filipinos contribute to government must find its way back to them as real, tangible services, Budget Secretary Kim Robert De Leon said Saturday. De Leon made the statement in…
Rising international prices for gold and copper are driving significant gains in the Philippine mining sector, pushing the industry’s contribution to gross domestic product past 1% in the first quarter of 2024, even without the opening of major new mining operations under the Marcos…
The Philippines has exceeded 4% of gross domestic product in education spending for the first time, entering the 4 to 6% range recommended by UNESCO as the best practice for a developing country, Education Undersecretary Edson Byron Sy said Saturday. Sy made the disclosure in an interview on DZRH…
The day’s most important stories in the Philippines and the world, in one five-minute read. Delivered at 6 AM, Monday to Saturday.