Louella Desiderio

1 week ago | philstar.com | Louella Desiderio

MANILA, Philippines — The government has launched a long-term masterplan for job creation that aims to bring down the unemployment rate and increase the labor force participation rate (LFPR) by 2034. The Department of Economy, Planning and Development (DEPDev) together with the Department of Trade and Industry as well as the Department of Labor and Employment yesterday unveiled the Trabaho Para Sa Bayan (TPB) Plan 2025 to 2034.

1 week ago | philstar.com | Louella Desiderio |Alexis Romero

MANILA, Philippines — The Philippines is set to hold follow-up meetings with the United States to lower the reciprocal tariffs on the country’s exports, according to the Department of Trade and Industry. “The negotiation is a process. Not a one-time meeting,” Trade Secretary Cristina Roque said in a statement yesterday. Details on the schedule of the next meeting were not available as of yesterday.

1 week ago | onenews.ph | Louella Desiderio

Politics & Other News Features Louella Desiderio May 5, 2025 Special Assistant to the President for Investment and Economic Affairs Frederick Go, who led the Philippine delegation to Washington, said the talks “went very well,” with the interests of local industries put forward during the discussions.

1 week ago | philstar.com | Louella Desiderio

MANILA, Philippines — The Philippine economy likely expanded at a faster pace in the first quarter than the previous three-month period, supported by both consumer and government spending, according to economists. Rizal Commercial Banking Corp. chief economist Michael Ricafort said in an email that he expects the economy to have expanded by 6.2 percent in the first quarter. The forecast is faster than the 5.3 percent gross domestic product (GDP) growth in the fourth quarter of 2024.

1 week ago | philstar.com | Louella Desiderio

MANILA, Philippines — The Philippine government remains hopeful of working out a mutually beneficial arrangement with the United States to strengthen trade ties, following recent discussions on reciprocal tariffs. In a statement yesterday, Special Assistant to the President for Investment and Economic Affairs Frederick Go, who led the Philippine delegation to Washington, said the talks “went very well,” with the interests of local industries put forward during the discussions.