Vehicle sales growth slows in September
Vehicles clog the southbound lane of EDSA in Cubao, Quezon City, Aug. 27, 2024. — PHILIPPINE STAR /MIGUEL DE GUZMANBy Justine Irish D. Tabile, Reporter PHILIPPINE AUTOMOTIVE sales growth slowed to 2.4% in September, amid flat sales of commercial vehicles,
PHL needs 8% GDP growth to bring down poverty rate
Informal settlers go about their daily routines in Manila, April 23. The government aims to reduce poverty incidence to 9% by 2028, or at the end of President Ferdinand R. Marcos, Jr.’s administration. — PHILIPPINE STAR/EDD GUMBANBy Beatriz Marie D.
PHL’s economic freedom improves
A Philippine flag is seen at the Emilio Aguinaldo National Shrine in Kawit, Cavite, June 12. — PHILIPPINE STAR/EDD GUMBANBy Kyle Aristophere T. Atienza, Reporter THE PHILIPPINES’ RANKING jumped nine spots in a global index on economic freedom due to
PHL hotels target 120,463 more rooms by 2028
DISCOVERY HOSPITALITY PROPERTY MANAGEMENT THE PHILIPPINE hotel industry hopes to bridge the 120,463-room gap by 2028 to meet the 456,055-room demand.The room supply currently stands at 335,592, according to the Philippine Hotel Industry Strategic Action Plan (PHISAP) 2023-2028, launched
19 energy projects endorsed for grid impact study
THE Department of Energy (DoE) endorsed 19 energy projects to the National Grid Corp. of the Philippines (NGCP) in September for a system impact study (SIS).“In September 2024, the DoE issued 19 SIS endorsements to the NGCP, which are composed