There is no way but up for the Philippine economy.
Experts at the Asian Development Bank (ADB) voiced optimism that the Philippines will remain on a solid growth path, with indicators pointing to even faster expansion over the next two years.
ADB sees growth logging 6.8 percent this 2018 and 6.9 percent by next year, which will take off from 2017’s 6.7 percent.
“There’s even further room for the Philippine economy to grow,” Ramesh Subramaniam, ADB Director General for Southeast Asia, said in a statement.
Rising labor productivity plus inceased investments in manufacturing and technology are fuelling more buoyant economic activity for the Philippines, he added.
Technology is also the main focus of ADB’s annual meeting from May 3-6 in Manila, where thousands of government, private sector, and civil society delegates gathered for sessions on inclusive growth and development.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
