The Development Budget Coordination Committee maintained at least a 7% GDP growth outlook for 2023 and adjusted the 2024 forecast, with inflation settling at 6% before recovery.
Stable prices for ‘Pinoy Tasty’ and ‘Pinoy Pandesal’ during the Christmas industry ensure affordability for the festive season despite certain operational expenses.
The Department of Energy assures adequate power supply for 2024 despite El Niño anticipates challenges, advocates solar power, and urges energy efficiency.
The British Chamber of Commerce of the Philippines outlines the 2024 wishlist for the Marcos administration, emphasizing tariff extension, foreign investment openness, digitalization, agriculture, trade liberation, and sustainability to attract UK investments.
The National Economic and Development Authority remains optimistic about reaching economic growth targets despite challenges the services sector and IT-BPM industry are expected to drive growth.
Metro Pacific Investments Corporation’s agricultural investments receive the green light from the Board of Investments, fueling the fight for food security and affordable prices in the Philippines.
Government gears up for prolonged El Niño impact, implementing science-based strategies across water, agriculture, energy, health, and public safety sectors.
The Department of Trade and Industry calls for fair pricing in Noche Buena items after reports of retailers selling above the manufacturer’s set prices.