Philippines Economy

Philippines’ National Debt Surpasses P15 Trillion in April

by in Categories News
National Dept

The Philippines’ national debt surged past the P15 trillion mark once again in April, primarily driven by increased borrowings and the depreciation of the peso against the dollar. According to the latest data from the Bureau of the Treasury, the outstanding debt reached P15.02 trillion by the end of April, marking a 0.6 percent rise … Read more

Sweden Reopens PH Embassy, says it’s ‘an important market in the region’

by in Categories Featured
Damberg

Mikael Damberg revealed the Swedish trade strategy and the Philippine’s role. DAMBERG – Minister of Enterprise and Innovation of Sweden, Mikael Damberg, spoke on points of reopening the Embassy of Sweden in the Philippines. Through the years, Philippines has become a home to a lot of foreign investors from different nations. It has established a link … Read more