Philippine Seafaring Industry Anchors Economy — Generates Over PHP1 Trillion in Output
The Philippine seafaring industry continues to serve as a key driver of the nation’s economy, contributing over PHP1.06 trillion in total output and supporting nearly 400,000 jobs in 2024, according to a study by the Center for Research and Communication (CRC).
Palace Optimistic: Philippine Economy Poised for Q4 2025 Recovery Amid Budget Boost and Holiday Spending
MANILA – Malacañang expressed confidence on Tuesday that the Philippine economy is set to recover in the fourth quarter of 2025, driven by a combination of holiday consumer spending, rising exports, and the prudent use of the PHP 1.307-trillion programmed budget.