May 24, 2025

Tag: Economic Growth

  • Growing Interest in ‘Obra Antiqueño’ Trade Fair Boosts Local MSMEs

    The ‘Obra Antiqueño’ trade fair, an annual event organized by the Department of Trade and Industry (DTI), is witnessing a surge in participation from micro, small, and medium enterprises (MSMEs) this year. Held at Robinsons Place Antique in San Jose de Buenavista, the fair, which runs from December 9 to 15, has attracted 49 exhibitors,…

    Written by

    Jerald Castaneda

  • President Marcos Jr. Inaugurates NLEX Candaba 3rd Viaduct, Boosts Regional Development

    NEW INFRASTRUCTURE. President Ferdinand R. Marcos Jr. officiated the opening of the North Luzon Expressway (NLEX) Candaba 3rd Viaduct in Pulilan, Bulacan on December 10, 2024. This new five-kilometer viaduct, positioned between two existing bridges, links the provinces of Bulacan and Pampanga, enhancing regional connectivity. MANILA – President Marcos Jr. highlighted the significant role of…

    Written by

    Marites Hernandez

  • Antique’s MSMEs Thrive Through DTI’s Mentorship Initiatives

    In a significant boost to local entrepreneurship, the Department of Trade and Industry’s Kapatid Mentor Me (KMME) program and Go Negosyo Centers have been pivotal in empowering micro, small, and medium enterprises (MSMEs) in Antique. The initiatives were highlighted during the inaugural Antique Business Exchange and KMME Provincial Congress held at Robinson’s Place Antique on…

    Written by

    Mark Salazar

  • Caraga’s Cooperatives Thrive with PHP12.6 Billion Business Volume in 2023

    In a significant showcase of economic vitality, the cooperatives of the Caraga region have amassed a business volume exceeding PHP12.6 billion in 2023, as reported by the Cooperative Development Authority 13 (CDA-13) during the Kapihan sa Bagong Pilipinas forum in Butuan City. Anecita Unson, Assistant Director of CDA-13, emphasized the robust performance of the region’s…

    Written by

    Fabian Apostol

  • Misamis Occidental Sees 216% Surge in Tourism After Panguil Bay Bridge Opens

    Misamis Occidental has experienced a remarkable 216% increase in tourist numbers following the opening of the Panguil Bay Bridge, according to Governor Henry Oaminal Sr. The bridge, which opened on September 27, has significantly boosted visitor numbers, with 2,119 tourists arriving during its first weekend, compared to the usual weekly average of 670. Governor Oaminal…

    Written by

    Noemi Villanueva

  • Cebu and Bohol Sisterhood Agreement to Drive Economic Growth in Central Visayas

    The Regional Development Council of Central Visayas (RDC-7) has thrown its full support behind a sisterhood agreement between Cebu and Bohol, viewing it as a crucial step towards sustained economic growth in the region. This comes at a time when Central Visayas faces the departure of Negros Oriental and Siquijor to the newly established Negros…

    Written by

    Dorothy Marasigan

  • Antique’s Economy Sees Modest 2.5% Growth in 2023 Amid Challenges

    In 2023, the economic growth of Antique province decelerated to 2.5%, a significant drop from the previous year’s 8.7% surge, according to data released by the Philippine Statistics Authority (PSA) during a forum at Eagle’s Hotel and Function Hall in San Jose de Buenavista. The province’s gross domestic product reached PHP72.46 billion, up from PHP70.69…

    Written by

    Brian Corpuz

  • Bacolod City and Negros Occidental Showcase Robust Economic Expansion in 2023

    Bacolod City and the province of Negros Occidental have demonstrated significant economic progress in 2023, according to recent data from the Philippine Statistics Authority (PSA). The information was shared during the 2024 Provincial Product Dissemination of Accounts Forum at the Park Inn by Radisson Hotel in Bacolod City. Bacolod City’s economy surged by 10% in…

    Written by

    Elena Basilio

  • Guimaras Achieves 7.9% Economic Growth in 2023, Led by Services Sector

    Guimaras has recorded a robust economic growth of 7.9% in 2023, primarily fueled by the services sector, which contributed 55.2% to the province’s total gross domestic product (GDP). This was announced by Nelida Losare, the chief statistical specialist of Guimaras, during a Philippine Statistics Authority (PSA) forum held in Iloilo City on November 26, 2024.…

    Written by

    Marites Hernandez

  • Iloilo City Surges Ahead as Western Visayas’ Economic Leader in 2023

    Iloilo City has emerged as the top economic performer in Western Visayas for 2023, boasting a remarkable 10.5 percent growth rate, as announced by the Philippine Statistics Authority (PSA) during a provincial product accounts forum on November 26, 2024. The city’s gross domestic product soared to PHP160.28 billion, up from PHP145.07 billion the previous year,…

    Written by

    Grace Morales