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Jan 26, 2023 · The south-east Asian economy grew at an annual rate of 7.2 per cent in the fourth quarter of 2022, beating economist expectations of about 6.5 per cent growth, according to Philippine Statistics ...
Aug 4, 2023 · The government made further reforms in 2022, which include amendments to the Foreign Investment Act—allowing first-time foreign investors to fully own domestic enterprises in the Philippines, the Retail Trade Liberalization Act—reducing the minimum paid-up capital requirements for foreign retail enterprises, and the Public Services Act—whereby foreign investors can now own 100 percent of ...
Jun 8, 2022 · The Philippines grew 8.3 percent in the first quarter, fueled by strong domestic demand and the recovery of industry and services sectors. Continuing growth this year will draw strength from an improving domestic environment, characterized by low COVID-19 cases, greater mobility of people, and wider resumption of economic and social activities.
Apr 23, 2024 · The economy has quietly boomed under a variety of regimes, from the liberal President Benigno Aquino (2010-16) to the thuggish President Rodrigo Duterte (2016-22).
Dec 21, 2020 · To accelerate economic recovery, the Philippine government continues to pursue the passage and implementation of critical economic reforms to support July 10, 2022 News
Dec 12, 2022 · Against this backdrop, what is the outlook for the Philippines. The good news is that so far, strong domestic demand is propping growth in the Philippines, bringing renewed opportunities for income generation, and improvements in labor market outcomes. The impressive 7.6 percent growth in the third quarter was among the best performances in the ...
Jul 26, 2021 · The coronavirus pandemic ended 21 years or 84 straight quarters of Philippine economic growth, which was among the fastest in Asia. For the remainder of his term, Mr. Duterte should focus on reforms and policies that would help the Philippines return to its pre-pandemic growth rates, experts said.
