The National Economic and Development Authority (NEDA) has a positive outlook on the shape of the Philippine economy as fiscal year 2023 comes to an end. 

PH economy in ‘good shape’ in 2023

Despite the available laws, smugglers of agricultural products still make a killing at the expense of local farmers. Farmers’ groups now seek tougher punishments against these “economic saboteurs.”

ECONOMIC SABOTAGE

MANILA – As inflation eased in October 2023, the National Economic and Development Authority (NEDA) assured the public that the government would continue assisting the most vulnerable sectors as El Niño is expected to linger until mid-2024.

INFLATION EASES IN OCTOBER 2023,  GOV’T TO CONTINUE ASSISTANCE TO VULNERABLE SECTORS  

In the heart of the Philippine archipelago, a dynamic phenomenon is taking root, transforming economic landscapes and breaking new ground. This phenomenon is the rise of Filipino startups, a testament to the country's vibrant entrepreneurial spirit and innovative prowess.

Filipino startups on the rise 

Packing products with smaller contents, or what is now called ‘shrinkflation’ is a form of deception for inflation.

Shrinkflation: Disguised inflation

PH still has inadequate sugar supply

At a time when El Niño is battering sugar plantations in Negros Occidental (the sugar center of the country) and Batangas, the United States is enticing us to export our raw sugar when the country already faces the specter of a looming sugar shortage.

Why export raw sugar to US?

He is now on his third and last term but it seems that there is no stopping Batangas Governor Hermilando Mandanas from pushing the geopolitical and economic potentials of the province. 

Batangas: PH’s next logistics hub 

There’s still little to celebrate for the ordinary Filipino, such as these buying seafood along a “talipapa” in Malabon City. Despite official data from the Philippine Statistics Authority (PSA) claiming that the inflation rate for January decreased to 2.8 percent from the 3.9 percent reported in December 2023 – a far cry from the “all-time high” of 8.7 percent recorded in January 2023 – the fact remains that prices of many consumer goods still make it hard for Filipinos to budget their incomes. 

DESPITE EASING INFLATION, FILIPINOS STILL SUFFER

In a world where economic success stories often emerge from the most unexpected places, Singapore stands tall for prosperity, efficiency, and innovation. Richard Ker's recent Facebook post, reflecting on the economic impact of tourism highlighted by Taylor Swift's exclusive concert in the city-state, underscores the pivotal role tourism plays in Singapore's economic symphony.

 Economic Symphony of Singapore

Even as residents of the National Capital Region (NCR) continue to suffer from the effects of urban crowding, the national government is once again putting its bets on the Philippine capital as a magnet for economic growth.

NCR being ‘reconsidered’ for economic zones

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