Tag: Accommodation and Food Services
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Baguio and Benguet Economies Surge Forward in 2023, Driven by Services Sector
In 2023, Baguio City and Benguet province, the two leading economic hubs in the Cordillera Administrative Region, experienced significant growth, fueled predominantly by the services sector. Baguio’s economy expanded by 9 percent, reaching a GDP of PHP169.12 billion, up from PHP155.11 billion the previous year. This growth not only outpaced the pre-pandemic levels by PHP16.26…
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