News

• Gov’t to lobby for garments with same fervor as war veterans before US Congress
Wednesday, 14 October 2009
President Gloria Macapagal-Arroyo said government will lobby for the garment industry with as much fervor as it did for war veterans before the US Congress.
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• Foreign investors back RP economy
Thursday, September 24, 2009
MANILA (PNA) – Foreign investors have expressed willingness to support the domestic economy towards growth after proving its resiliency to the global downturn.
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• DoLE: RP job quality has improved
Wednesday, September 16, 2009
MANILA (PNA) -- Department of Labor and Employment Marianito Roque on Wednesday maintained that the administration's job generation program has provided sound employment to numbers of Filipinos and lifted them off from the quagmire of poverty.
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• PGMA orders 4% hike of 2010 GDP growth target
Tuesday, September 08, 2009
President Gloria Macapagal-Arroyo ordered the Development Budget Coordinating Council (DBCC) to upgrade the country's 2010 gross domestic product (GDP) growth target to four percent from the initial growth range of 2.6 percent to 3.6 percent. (GDP is the sum of all goods and services produced in the country. It does not include overseas remittances by Filipino workers).
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• Q2 GDP growth better than expected
Thursday, August 27, 2009
The Philippine economy did better than expected during the second quarter. Real gross domestic product (GDP), or the sum of all goods and services produced in the country, grew by 1.5 percent. This within the projected growth target range of 0.8 to 1.8 percent for the entire year.
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• RP avoids recession; economy grows 1.5% in Q2
Thursday, August 27, 2009
MANILA (PNA) -- The Philippine economy in the second quarter expanded by 1.5 percent boosted by the government's stimulus package, the National Statistical Coordination Board (NSCB).
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• RP generates US$6.2B from PGMA’s US visit
WEDNESDAY, AUGUST 19, 2009
The Philippines generated at least US$6.2 billion in investments, trade, and aid from the recent US visit of President Gloria Macapagal Arroyo.
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