May 23, 2025

Tag: Economic Growth

  • Legazpi City’s New Mayor Outlines Ambitious Infrastructure and Urban Development Plans

    Legazpi City’s newly appointed mayor, Alfredo Garbin Jr., has unveiled an extensive infrastructure plan aimed at transforming the city’s landscape. Speaking at a press conference at city hall on November 12, 2024, Garbin outlined his vision to enhance public works, health services, education, agriculture, transportation, tourism, water systems, and economic development in the city. Garbin…

    Written by

    Grace Morales

  • 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…

    Written by

    Laarni Hilario

  • Mindanao Innovation Summit 2024 Highlights Region’s Investment Potential

    The Innovation Summit 2024 kicked off in Davao City at the SMX Convention Center, drawing a diverse crowd of experts and stakeholders from across Mindanao. The event, which began on Thursday, aims to enhance collaboration and spur technological advancements to boost the region’s economy. In his opening video message, Leo Tereso Magno, Secretary of the…

    Written by

    Mark Salazar