Recent reports indicate good reasons to be optimistic about the future of the Philippine economy. The Philippine Development Plan 2023-2028 assumes an annual growth rate of 6.5 to 8 percent for ...

MANILA, Philippines — The Philippines has a low likelihood of achieving the end-of-plan (EOP) economic growth target of 6.5 to eight percent by 2028 set under the Philippine Development Plan (PDP), ...

MANILA, Philippines — The government has updated its development plan with recalibrated targets on growth and average income per person as it aims to sustain gains and achieve inclusive economic ...

Your Excellency President Ferdinand Marcos Jr., Magandang hapon sa inyong lahat (Good afternoon to you all)! On behalf of the World Bank Group, I extend our deepest gratitude for the opportunity to ...

Officials from the U.S. and the Philippines this week held the first meeting of a labor working group designed to establish a more robust, mutually beneficial trade relationship between the two ...

WITH just over two years left before President Marcos ends his term, the government is “shifting decisively toward stronger execution, transparency, and accountability” as it seeks to deliver on ...

As ASEAN countries accelerate their digital transformation efforts, the demand for network communication products and services is rapidly growing. In the Philippines, government initiatives such as ...

THE Marcos government fell short of several of its macroeconomic benchmarks in the first half of the implementation of the Philippine Development Plan (PDP), with 2025 emerging as the weakest year as ...

THE government must make 2026 a decisive year to get the country’s development agenda back on track, with only three years remaining to meet the targets under the Philippine Development Plan, the ...

The CPF outlines how the WBG will support the Philippines in meeting its development goals—focusing on areas where it can deliver the greatest impact. Aligned with the Philippine Development Plan 2023 ...